Silica Analyzer
Global Silica Analyzers Market to Reach $163.4 Million by 2027
In the changed post COVID-19 business landscape, the global market for Silica Analyzers estimated at US$119.1 Million in the year 2020, is projected to reach a revised size of US$163.4 Million by 2027, growing at aCAGR of 4.6% over the period 2020-2027. Equipment, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$106.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Consumables segment is readjusted to a revised 5.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $32.7 Million, While China is Forecast to Grow at 8.4% CAGR
The Silica Analyzers market in the U.S. is estimated at US$32.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$33.7 Million by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.
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