Research Study on Worldwide pH Meters Market Size, Share and Growth till 2024

Worldwide pH Meters Market is Projected to Grow at a 3% CAGR till 2024

30 November 2018, Devices used to measure acidity levels in water & wastewater treatment, pharmaceuticals, chemicals & petrochemicals, and other applications are known as pH meters. They are mostly used in food & beverages, pharmaceuticals, mining, water treatment plants, and other industries.

 

The worldwide pH meters market is projected to grow at a 3% CAGR over the forecast period (2016-2024). Demand for these devices in light of health concerns and awareness of water purity is expected to surge market demand in the coming years. Measuring pH level of solutions with low ion concentration can pose a challenge towards market growth.

 

The market is segmented according to products, end-users, and regions. Products include continuous, portable, and bench-top pH meters. Portable devices can measure pH for long hours with ease. Its small size and mobility will contribute to its demand in the coming years. Bench-top meters captured over 55% market shares due to its wide application in research institutes and laboratories.

Major end-users are food science, pharmaceuticals & biotechnology, environmental research & pollution center, and others. Food science generated over 40% revenue for the pH meters market in 2014. Their application includes wine, dairy, agriculture, fruit juice & dairy processing, and others. Technological developments such as incorporation of smart sensors and multi-parameter analysis will propel market demand among industries in the years ahead.

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