Global Total Organic Carbon (Toc) Analyzer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Total Organic Carbon (Toc) Analyzer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Total Organic Carbon (TOC) is the amount of carbon in organic compounds, often used as a non-specific indicator of water quality or the cleanliness of pharmaceutical equipment. TOC can also refer to the organic carbon content in soils or geological structures, especially source rocks in petroleum regions.

TOC analyzer is an instrument for detecting the total organic carbon content in a sample. According to the detection method, it can be roughly divided into two types: conductivity TOC analyzer and non-dispersive infrared (NDIR) TOC analyzer. Accurate detection and quantification are the most important components of the TOC analysis process. There are two types of conductivity detection analyzers: direct and membrane. Conductivity detection is only available in the lower TOC range of deionized water, so it is more common to use an analyzer with non-dispersive infrared analysis (NDIR) technology, which excels in all TOC ranges. Non-Dispersive Infrared (NDIR) technology utilizes high temperature catalytic oxidation combustion technology (temperature raised to 720 ºC) to convert organic carbon to carbon dioxide, and then uses a non-dispersive infrared (NDIR) sensor to measure the CO2 produced by oxidation and convert its value to TOC measurement.

Market Overview:

The latest research study on the global Total Organic Carbon (Toc) Analyzer market finds that the global Total Organic Carbon (Toc) Analyzer market reached a value of USD 248.69 million in 2022. It’s expected that the market will achieve USD 334.66 million by 2028, exhibiting a CAGR of 5.07% during the forecast period.

The 2020 recession is not as negative as initially estimated. Part of the reason is the fiscal and monetary policies that governments are taking in 2020. In most countries, economic growth fell sharply in the second quarter of 2020, rebounded quickly in the third quarter, and has been mostly positive since then. While the overall impact on the global economy has weakened, it is still increasing. In particular, the protracted nature of the health crisis is affecting the global economy beyond traditional measures, with potentially lasting and far-reaching effects. Economic forecasts reflect ongoing risks to global sustainable development from the re-emergence of infectious disease cases and a recovery from underlying inflationary pressures. Inflation is also expected to be higher in many countries.

The progress of the global economic recovery has been stronger than expected a year ago, but it is becoming increasingly uneven. Vaccines are difficult to popularize due to low vaccination rates in low-income economies, while advanced economies also face challenges in GDP growth, employment, labor, etc.

But overall, advanced economies have made strides in vaccinating, raising prospects for a sustained recovery from late 2021 to 2022 and, in turn, for a broader global economic recovery. However, new variants of the COVID-19 virus, a surge in confirmed cases in large developing economies, and resistance to vaccination in parts of the population in advanced economies have raised questions about the speed and strength of the recent economic recovery. Contagion cases have resurfaced in Europe, Latin America, Russia, the United States, Japan, Brazil, India and much of Africa, renewing calls for lockdowns and curfews.

Wide range of downstream applications

The wide range of downstream applications of TOC analyzers will drive industry growth over the forecast period. Total organic carbon analysis is an analytical technique that can be used to determine water quality. This is essential because water purity is critical to many industries including pharmaceuticals, manufacturing, power generation and water supply. In addition, TOC analyzers are used in cleaning validation processes in food and cosmetic production facilities. Increased adoption of product quality assessment applications will benefit industry expansion. The expansion of TOC analysis applications, technological advancements in products, and surging demand for TOC analysis accuracy and sensitivity are likely to provide strong growth drivers for the TOC analyzers market.

Increased regulations by governments

Water scarcity coupled with rising water demand is driving the wastewater treatment market. With growing concerns about the health risks and environmental impacts of organic pollutants, chemicals and purification by-products in water and wastewater supplies, governments in many economies have announced several discharge guidelines that have boosted the wastewater treatment industry. For example, the European Union (EU) has restructured its current regulatory agenda and created new standards to regulate wastewater production and promote recycling and reuse. In addition, the Japanese Pharmacopoeia, European Pharmacopoeia, and US Pharmacopoeia recognize total organic carbon as a required test for water for injection and purified water. Thanks to this recognition, the product has become an integral part of the biotech industry as a process control device used to track the success of cleaning procedures. These emission guidelines and strict regulations in terms of hygiene regulations will drive product demand in the coming years.

High barriers to entry for new entrants

The precision of TOC analyzers is very high, so there are relatively high requirements for the technical reserves and precision manufacturing capabilities of new entrants. It also means a huge initial investment, factors that will raise barriers to entry in the industry and limit the number of new entrants. In addition, many manufacturers have rich experience in the field of TOC analyzers, and have a strong brand image and technical reserves, which is also one of the challenges for new entrants.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (35.65% in 2022).

Company Overview:

SUEZ Water Technologies & Solutions is one of the major players operating in the Total Organic Carbon (Toc) Analyzer market, holding a share of 28.6% in 2023.

SUEZ Water Technologies & Solutions

SUEZ Water Technologies & Solutions is one of the world's leading manufacturers of Total Organic Carbon (TOC) analyzers. Covering a dynamic analysis range from 0.03 ppb to 50,000 ppm, Sievers TOC analyzers are able to provide solutions across a variety of industries and applications.

Shimadzu

Shimadzu is an equipment manufacturing company in Japan. Its main products include: analysis, measuring instruments, medical instruments, industrial equipment, aviation equipment, etc.

Segmentation Overview:

Among different product types, On-line TOC (TC TOC+TN TOC+VOC TOC+TIC) segment is anticipated to contribute the largest market share in 2028.

Application Overview:

The market's largest segment by application is the segment Pharmaceuticals, with a market share of 22.27% in 2022.

Key Companies in the global Total Organic Carbon (Toc) Analyzer market covered in Chapter 3:

LAR Process Analyser
Tailin
Teledyne Tekmar
Analytik Jena
Hach
Comet
SUEZ Water Technologies & Solutions
Mettler Toledo
Xylem/OI Analytical
Skalar Analytical
Metrohm
Elementar
Shimadzu

In Chapter 4 and Chapter 14.2, on the basis of types, the Total Organic Carbon (Toc) Analyzer market from 2018 to 2029 is primarily split into:

On -line TOC (TC TOC+TN TOC+VOC TOC+TIC)
Portable
Laboratory/Benchtop

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Total Organic Carbon (Toc) Analyzer market from 2018 to 2029 covers:

Chemicals
Power
Pharmaceuticals
Environmental
Semiconductor
Oil and Gas
Food and Beverages
Water Reuse
Textile
Seawater Desalination

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)