To tackle the adverse environmental effects of mercury emission, several governments are enforcing stringent regulations. Additionally, governments and commercial organizations are also working in collaboration to develop regulations that can benefit the environment. Such factors increase the use of mercury analyzers as they help in measuring furnace temperature and the flue gas of air pollutants. Moreover, the adoption of these analyzers among environmental agencies and industries is also growing rapidly because of the enforcement of strict regulations to monitor environmental pollution. Such factors will boost the global mercury analyzer market growth during the forecast period.
Additionally, the growing focus on manufacturing high-quality food products is one of the key trends that will gain traction in the global mercury analyzer market. Food products bought by the consumer should be in sync with its description is the primary requirement of food authenticity. However, it is affected by factors such as adulteration, false statements about the source of ingredients, and the presence of harmful mercury elements in food products. These factors make food safety critical criteria, resulting in high demand for mercury analyzers as they aid in the detection of mercury levels in packaged food. The significance of these analyzers in food authenticity will positively impact the growth of the market, which will register a CAGR of more than 7% during the forecast period.
Top mercury analyzer companies covered in this report
The global mercury analyzer market is highly concentrated. To help clients improve their revenue share, the mercury analyzers market research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Key insights provided by the market analysis report will help companies make informed business decisions.
The report offers a detailed analysis of several leading mercury analyzer manufacturers, including:
Analytik Jena AG
Hitachi High-Technologies Corporation
Thermo Fisher Scientific Inc.
Mercury analyzer market segmentation based on end-users
Food and agriculture
The environmental testing segment held the largest mercury analyzers market share in 2018. This segment witnessed the active participation of various government bodies introducing initiatives and using these analyzers to maintain air quality. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.
Mercury analyzer market segmentation based on region
Asia accounted for the largest mercury analyzer market share in 2018 because of the increasing mercury emission from rising industrialization and the growing awareness about the use of mercury analyzers among end-users in the region. Asia will witness an increase in its market share and remain the market leader for the next five years.
Key highlights of the global mercury analyzer market for the forecast years 2019-2023:
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the mercury analyzer market during the next five years
Precise estimation of the global mercury analyzer market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the industry across Asia, Europe, North America, and ROW
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details on factors that will challenge the growth of the manufacturers
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