DUBLIN--(BUSINESS WIRE)--The "Silica Analyzer Market by Type (Equipment and Consumables), Industry (Power Generation (Utility, Captive/IPP), Semiconductor), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The Silica Analyzer Market is Estimated to Grow from USD 106.1 Million in 2018 to USD 139.6 Million By 2023, at a CAGR Of 5.66% Between 2018 and 2023.
The significance of accurate silica measurement in steam/water cycle for optimizing power plant efficiency is one of the key factors driving the silica analyzer market growth. The requirement for regular maintenance and replacement of parts and consumables restrains the market growth.
The consumables of silica analyzers are reagents used for the analysis of silica levels. They are replaced frequently. Also, a single 2-liter bottle of reagent/s can last for 45 to 60 days, depending on the usability, frequency, quality, and efficiency of the silica analyzer. Therefore, a substantial portion of the capital budget needs to be allocated for the annual expense on reagents, which is covered under operating costs. Hence, consumables are expected to continue to dominate the silicon analyzer market in the next few years.
In the power generation industry, silica analyzers are commonly used to monitor the silica content in the water that is used in the boiler for steam generation in power plants. Monitoring silica in water helps in avoiding the scaling on turbines, thereby increasing the thermal efficiency of power plants. Also, readily available coal as a source of power generation in APAC, especially in China and India, drives the market for the power generation industry and is expected to hold the largest size of the silica analyzer market in the next few years.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Silica Analyzer Market, By Type
7 Silica Analyzer Market, By Industry
8 Geographic Analysis
9 Competitive Landscape
10 Company Profiles
- DKK Toa
- Electro-Chemical Devices (ECD)
- HKY Technology
- Mettler Toledo
- Omicron Sensing
- SPX Flow
- Shanghai Boqu Instrument
- Swan Analytische Instrumente
- Thermo Fisher Scientific
- Waltron Group
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