Global karl fischer titrators market is anticipated to witness exponential growth in the forecast period. Karl Fischer titration, also termed as a “KF Titrator”, is a typical titration technique in analytical chemistry that uses volumetric or coulometric titration to regulate trace amounts of water in a sample. Therefore, KF titration is an important process in numerous industries since water is an active element that can disturb many characteristics of a reacting product comprising stability, reactivity, and quality.
Growing acceptance of the karl fischer titration over other procedures of moisture determination due to benefits, such as speed, accuracy, and selectivity is anticipated to boost its market value. In addition, increasing demand from end users, suitability of KF for automation, technological advancements in the field are likely to drive the karl fischer titrators market in the forthcoming period. On the other hand, lack of standard measurements, non-compatibility between special solvent LiCl/DMAc and issues with compounds with strong binding to water. For example use of lithium chloride is anticipated to hinder karl fischer titrators market growth in the near future. However, increasing expenditure on R&D is likely to create lucrative opportunities for the market.
The market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Market is segmented by product type, application, distribution channel, and geography.
Karl fischer titrators market is segmented by product type as Coulometric Titration and Volumetric Titration. The key applications are segmented in the market include Foods and Beverages, Pharmaceutical Products, Petroleum Products and Other. The “Pharmaceutical Products” segment accounted for a prominent share in the market. It is likely to witness a substantial growth in the years to come.
The market is segmented based on distribution channel as Offline and Online distribution. The “Offline distribution” segment accounted for a prominent share in the market. It is likely to witness substantial growth in the years to come. Asia-Pacific is one of the prominent regions in the market. It is likely to maintain a dominance in the forecast period owing to factors, such as technological advancements, and the presence of leading companies in the region.
Key players operating in the karl fischer titrators market include HACH LANGE, Met Rohm, Mettler Toledo, Analytik Jena, HIRANUMA SANGYO, Xylem, KYOTO ELECTRONICS, Hanna Instruments, Mitsubishi Chemical, GR Scientific, ECH, Huazheng Electric and Inesa. The leading companies are involved in partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Leading players of Karl Fischer Titrators including:
• Mettler Toledo
• HACH LANGE
• HIRANUMA SANGYO
• Analytik Jena
• KYOTO ELECTRONICS
• Mitsubishi Chemical
• Hanna Instruments
• GR Scientific
• Huazheng Electric
Market split by Type, can be divided into:
• Coulometric Titration
• Volumetric Titration
Market split by Application, can be divided into:
• Petroleum Products
• Pharmaceutical Products
• Foods and Beverages
Market split by Sales Channel, can be divided into:
• Direct Channel
• Distribution Channel
Market segment by Region/Country including:
• North America (United States, Canada and Mexico)
• Europe (Germany, UK, France, Italy, Russia and Spain etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
• South America Brazil, Argentina, Colombia and Chile etc.)
• Middle East & Africa (South Africa, Egypt, Nigeria and Saudi Arabia etc.)
Research Support Specialist, USA