The global karl fischer titrators market report explores the critical analysis of the karl fischer titrators industry using key parameters. The report includes investment strategies, the need for investments in the Karl Fischer Titrators industry, and the numerous advantages for investors. Importantly, this report outlines significant changes in global technical regulations for the Karl Fischer Titrators industry and how economic and non-economic barriers assist the market's growth. In addition, the report analyzes historical and projected market sizes at the global, regional, and national levels. The report also thoroughly examines key investment propositions, competitor positioning, demand and supply gaps, SRC analysis, STAR analysis, and Tornado analysis. Other analyses and key technological developments include PESTEL analysis, Porter's five forces analysis, value chain analysis, etc.
REPORT ATTRIBUTE
DETAILS
Karl Fischer Titrators Market by Volume
Yes
Market by Value
Yes
Market, Tornado Analysis
Yes
Market, STAR Analysis
Yes
Market, SRC Analysis
Yes
Market, Import-Export Data
Yes (On Demand)
Market Pricing Analysis
Yes (On Demand)
Market Segment Analysis
By Type (Volumetric Titration and Coulometric Titration)
By Application (Petroleum Products, Food & Beverages, Cosmetic Products, Pharmaceuticals Products, and Others)
Karl Fischer Titrators Market, Regional Analysis
North America (US and Canada)
Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, South East Asia, and the Rest of Asia Pacific)
Latin America (Brazil, Mexico, and the Rest of Latin America)
Middle East and Africa (GCC Countries, South Africa, and the Rest of the Middle East and Africa)
Market Key Companies
Mettler Toledo, Hach Lange, Analytik Jena, Kyoto Electronics, Metrohm, GR Scientific, Inesa, Huazheng Electric, Xylem, Hiranuma Sangyo, Mitsubishi Chemical, ECH, and Hanna Instruments
Market Competitive Landscape
Market Share Analysis
Competitive Benchmarking
Key Players Market Positioning
Geographical Presence Analysis
Major Strategies Adopted
Key Highlights of the Report
Major segment performance in the Karl Fischer Titrators market
In 2021, the coulometric titration type segment dominated the global market. The coulometric analysis enables the evaluation of water content as low as 1%. The sample is treated with iodine after being dissolved in a KF solvent (typically methanol) that contains sulfur dioxide, iodine dissolved in pyridine, and methanol. For coulometric KF analysis, iodide-containing solutions are only required once.
In 2021, the food and beverage application segment held the largest Karl Fischer titrators market revenue share. It is widely used in the food and beverage industries to determine the water content of fruits and vegetables, grains, honey, noodles, fries, and cocoa powder.
The Asia Pacific region will offer a prominent global Karl Fischer Titrators market share in 2021.
In 2021, the Asia Pacific region was anticipated to hold a prominent global Karl Fischer titrators market share. Several Karl Fischer titrators manufacturers in the region and industries like pharmaceuticals, food, beverages, and chemicals use Karl Fischer titrators equipment. Manufacturers increasingly focus on using water content analyzers to maintain product quality and extend the shelf life of food products due to the strict regulations in the region's food & beverage and pharmaceutical industries to increase production products.
The chemical industry accounts for the largest market share of all applications in the US.
The United States led the North American Karl Fischer titrators market in size. The chemical structure of any substance, liquid, or solution can be determined and analyzed in the lab using titration, which can be done manually or automatically. In several laboratories and enterprises around the country, the products and instruments are extensively used in research, quality control of pharmaceuticals, excipients, and other pharmaceuticals, chemical analysis, and water content analysis. The chemical industry accounts for the largest market share of all applications in the US market for Karl Fischer titrators.
The main players focus on joint ventures, introducing new products, and vertical integration for company growth.
The main players in the Karl Fischer Titrators market focus on strategic advancements, including joint ventures, introducing and commercializing new products, and vertical integration for company growth. Additionally, these players are extensively spending on R&D projects that allow them to innovate and profit from these items, thus assisting in generating the highest possible revenue in the global market for Karl Fischer titrators. For instance, Metrohm's Eco KF Titrator, introduced in 2020, facilitates volumetric Karl Fischer titration for rapid, safe, and precise moisture content determination. This European device is ideal for QC laboratories seeking high quality at a decent cost. The titration is performed mechanically, eliminating the possibility of human error. There is no risk involved in direct human contact with Karl Fischer reagents.
Executive Summary
Key trends in the Karl Fischer Titrators market
Growing demand for new industry verticals will create numerous opportunities for growth:Increased use of titrators in new industrial verticals will provide new opportunities for the titrator market. Replacement volume will dominate the entire market rather than the newly installed volume. As a result, manufacturers will continue developing new features and models to capture the Karl Fischer titrator market share. For instance, Analytik Jena was the first to introduce the Karl-Fischer Titrator AQUA 40.00. The enhanced heating method makes it possible to identify oils and solids without laborious pre-treatments. This prevents soluble materials from tainting the measurement cell.
Technical developments in the global Karl Fischer Titrators market
An increase in the preference for water content analyzers in various industries is a critical factor accelerating market growth, as is an increase in the regular advancement of technology, an increase in awareness for the protection and maintenance of industrial equipment, and an increase in the market's research and development activities, among other factors enhancing the Karl Fischer titrators market. For instance, in 2020, Kyoto Electronics developed the MKH-710M Hybrid Karl Fischer Moisture Titrator with a hybrid titration technique. A single hybrid titration cell combines the volumetric and coulometric titration techniques.
Key investments by Karl Fischer Titrators market players
High investments in synthetic analysis, drug discovery and development, and bioinformatics are also generating potential market growth opportunities for Karl Fischer titrators. A key trend gaining traction in the market for Karl Fischer titrators is the formation of strategic partnerships. Major market participants in Karl Fischer titrators are investing in strategic technological alliances to meet global consumer demand. For instance, in January 2021, SpectraSensors, a US manufacturer of laser-based analyzers and sensors, partnered with Vector Controls & Automation Group, a US manufacturer of Karl Fischer analyzers. As part of this collaboration, Vector CAG would sell SpectraSensors products in Oklahoma, Texas, Arkansas, Kansas, Missouri, southern Illinois, and south-eastern New Mexico.
Some major players in the Karl Fischer titrators market are Mettler Toledo, Hach Lange, Analytik Jena, Kyoto Electronics, Metrohm, GR Scientific, Inesa, Huazheng Electric, Xylem, Hiranuma Sangyo, Mitsubishi Chemical, ECH, and Hanna Instruments.
Major Driving Factors for the Karl Fischer Titrators Market
The Karl-Fischer titrators market size is primarily driven by the development of efficient and cutting-edge technology, an increase in the quantity of research done by various industry sectors, product improvements, and the expansion of the healthcare sector. The pharmaceutical, food, oil, and semiconductor industries rely on Karl Fischer titrators to guarantee product quality. These aspects will drive global Karl Fischer titrators market growth during the forecast period.
Major Risks for the Karl Fischer Titrators Market
Two major constraints anticipated to restrict market expansion significantly are high prices and limited market penetration. Moreover, the unpredictability of raw material costs and availability, escalating expenses associated with titrator analysis, and other factors will limit the market growth for Karl Fischer titrators.
Key application in the Karl Fischer Titrators market
During the forecast period, the food and beverage segment will account for a sizable portion of the global Karl Fischer titrators market.Karl Fischer titration is a reliable and stable method for industries. This massive demand from the food and beverage industry can be attributed to stringent government regulations aimed at maintaining a high quality of edible products by keeping the water content of the products at the required level. It is frequently used to calculate the water content of fruits and vegetables, honey, grains, noodles, fries, and cocoa powder in the food and beverage industries. It is also used primarily in food, cosmetics, pharmaceuticals, and petrochemicals, with the food and beverage industry remaining the leading downstream application area.
Regional analysis of the Karl Fischer Titrators market
In 2021, Asia Pacific dominated the global Karl Fischer titrators market. Karl Fischer titrators are in high demand due to the rapidly expanding chemical and pharmaceutical industries and the significant expansion of the food and beverage sector. Furthermore, rising investments in the chemical and food and beverage industries by regional governments such as India, Japan, and China are expected to drive growth in the Asia-Pacific karl fischer titrators market.
Furthermore, North America is expected to have the highest revenue share in the global Karl Fischer titrators market during the projected period. This region is home to several water content analyzer manufacturers and industries such as food and beverage and pharmaceuticals, which are major users of this equipment. The huge regional demand from the food and beverage vertical can be credited to stringent regulations for maintaining a high quality of edible products by keeping the water content in the product at the desired level.
Regulatory landscape for the Karl Fischer Titrators market
Water content has a significant impact on the quality and functionality of materials. Therefore, the manufacturing sector must maintain the proper water content in raw materials and finished products to ensure optimal performance and compliance with product standards and regulations. The stringent rules to preserve the high quality of food products by sustaining the water content can be attributed to the significant demand from the food and beverage industry. For example, food safety certifications and regulations issued by the US FDA drive product adoption in food processing plants and food service organizations to improve the accuracy of water content analysis.
Karl Fischer Titrators market size in terms of value
The global Karl Fischer titrators market is anticipated to grow at a substantial CAGR of 2.1% in the upcoming years. The global Karl Fischer titrators industry was estimated to be worth USD 182.9 million in 2021 and was expected to be worth USD 207.18 million by 2028.
Major players are planning for the future of the Karl Fischer Titrators market.
The market's future development for Karl Fischer titrators is anticipated to be driven by rising industrial and process automation. Measuring the product's moisture content during the manufacturing process is a major area of focus for an increasing number of businesses across industry verticals. The preservation of moisture in the raw materials used to make the finished product has also become a priority for food and beverage companies. Moisture measurement at various stages of food production necessitates using advanced Karl Fischer titrators that provide quick results. If their use expanded into new industry verticals, there would be more growth potential for the titrator market.
Segmentation of Global Karl Fischer Titrators Market -
Global Karl Fischer Titrators Market – By Type
Volumetric Titration
Coulometric Titration
Global Karl Fischer Titrators Market – By Application
Petroleum Products
Food & Beverages
Cosmetic Products
Pharmaceuticals Products
Others
Global Karl Fischer Titrators Market – By Region
North America
US.
Canada
Europe
Germany
France
UK.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
Frequently asked questions about the global Karl Fischer Titrators market
The global Karl Fischer titrators market was negatively impacted by the COVID-19 pandemic, which reduced revenue by more than 1.4% in 2020.
Asia Pacific accounted for the most elevated share in the global Karl Fischer titrators market.
The development of effective and cutting-edge technology, the growth of the healthcare sector, the volume of analysis performed by various industry sectors, and technological improvements in products are the key factors driving the global Karl Fischer titrators market growth.
The coulometric titration segment had a major global market revenue share in 2021.
The food and beverage segment had a major revenue share in the global market in 2021.
