Process Analyzer Market worth $4.9 Billion by 2020

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Process Analyzer Market worth $4.9 Billion by 2020 According to a new market research report of the “Process Analyzer Market by Segments (Gas Analyzers, Liquid Analyzers) , Types (Electrochemical, Infrared, Paramagnetic, Zirconia, MOS, Laser, Catalytic, PID, Conductivity, Dissolved Oxygen, Turbidity, Titro, and TOC) & Geography - Global Trends & Forecast to 2020� , the market is expected to grow at a CAGR of 5.6% from 2014 to 2020, and reach $4.9 Billion in 2020. Process analyzers are highly sophisticated instruments that can identify the chemical composition of compounds present in the process stream, and measure the concentration of the elements identified in the composition. The process analyzer industry has been in existence since the 1930s and is a combination of disciplines like analytical chemistry, process chemistry, process engineering, and multivariate data analysis. They find applications in measurement, quality control, process optimization, and safety control. Free PDF Download @ Process Analyzer Market The process analyzer is an instrument for determining, the chemical composition of substances involved in a chemical process directly, or for measuring the physical parameters of components identified in the composition. The process analyzer industry has been in existence for several years and it comprises of analytical chemistry, process chemistry, multivariate data analysis, and so on. The need for analyzers is generated by the need of monitoring, measuring and analyzing of the sample or the process. This report covers the process industry on the basis of products, applications, and geography. The segmentation by products includes


gas analyzers, and liquid analyzers; their sub types and their future market potential. Of all the major products, the infrared gas analyzer is expected to have the higher adoption rates for the mass market. The segmentation by application includes industries such as chemical/petrochemical, power/utility, water and wastewater treatment, pharmaceuticals, food and beverages, pulp and paper, mining, and cement and glass. The geographical analysis covers Americas, Europe, APAC, and ROW. Browse 92 market data tables 31 figures spread through 300 pages and in-depth TOC on “Process Analyzer Market by Segments (Gas Analyzers, Liquid Analyzers) , Types (Electrochemical, Infrared, Paramagnetic, Zirconia, MOS, Laser, Catalytic, PID, Conductivity, Dissolved Oxygen, Turbidity, Titro, and TOC) & Geography - Global Trends & Forecast to 2020 � http://www.marketsandmarkets.com/Market-Reports/processanalyzers-market-148603279.html Early buyers will receive 10% customization on reports. The chemical and petrochemical industries, which are the traditional users of the process analyzers, will continue to install these systems as the demand for fuel will go on increasing. The demand for process analyzers will be driven by the setup of new industries as well as by the replacement market. The other application areas which will see a rising demand for process analyzers include pharmaceuticals, biotechnology, and water and wastewater treatment. Enquiry Before Buying @ Infrared Gas Analyzer Market The major drivers for the process analyzer market are the requirement for extremely low-level trace component measurement, water and wastewater treatment, growth of industries like oil, gas, petrochemicals, cement and glass, the increasing demand for emission control, and many more. There are restraints in the market such as high initial costs, restricted growth in developed counties, and fragmented market with too many specialist suppliers thatmay inhibit the market


growth. The increasing demand from emerging economies is one of the key opportunities for the process analyzer market.

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