Boron Analyzer Market Competitive landscape, Growth Strategies for Business Development, Analysis & Forecast, 2018-2028
Boron Analyzer Market is expected to rise with a single digit growth rate of 9.4% in the forecast period.
The maintenance of water quality has become very important to maintain optimal health of a human being. This has increased the demand for systems that can help in maintaining and managing the water quality. One such system that is used for water quality management is boron analyzer. A boron analyzer is an instrument that provides continuous, online and unattended monitoring of levels of boron in water applications. The boron analyzer monitors part-per-trillion levels of deionized and ultrapure water applications. The boron is released before silica from the mixed-bed ion exchange resins in the born analyzer. This helps in determining the resin exhaustion in microelectronics applications. These systems provide various features including multi-stream options, in-depth sensitivity and extensive suite of outputs. The boron analyzer is widely used in order to minimize and control the leakage of ionic and colloidal silica from ion removal processes. The boron analyzer can be installed very quickly and does not require any skilled operator. It also matches the sensitivity and accuracy levels of on-line Ion chromatography. Such factors are providing significant traction to the growth of boron analyzer market.
The boron analyzer allows continuous and online monitoring with multi-stream options up to four streams. It requires minimal maintenance and consumables. Such benefits are driving the adoption of boron analyzer market. These systems find a wide range of applications at the outlet of primary mixed-resin beds, Electrode ionization units, and polishing resins. They are also used in the regeneration process for regenerated resins to ensure lowest possible boron loading of UPW systems. Vendors in the boron analyzer market are focusing on collaborating with the semiconductor manufacturer to develop advanced water purity management systems. They are also focusing on commercialization strategy to enter into untapped markets across the globe.
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Boron Analyzer Market: Drivers and Restraints
The boron analyzer systems enable continuous monitoring of ultra-trace levels of boron. The boron analyzer systems provide major advantage of measuring boron at a level of concentration that was previously achievable only by instrumentation. Such factors are driving the adoption of boron analyzer in the market. The boron analyzer is very cost efficient. The process carried out by boron analyzer systems are less expensive as compared to the process carried out by instrumentation. These systems provide a high return on investment. Also, it prevents from costly downtime and repairs easily. Such factors are increasing the application of boron analyzer thereby driving the market growth.
The lack of awareness about the boron analyzer is expected to hamper the growth of the equipment in the market. These systems are little costlier and thus require an initial investment. Also, the boron analyzer systems have low availability in developing regions. Such factors are further expected to restrain the growth of boron analyzer market.
Boron Analyzer Market: Segmentation
The Boron Analyzer market can be categorized on the application. On the basis of application, the demand for the Boron Analyzer in semiconductor ultrapure process water is expected to rise in the forecast period since it can continuously prevent from DI leakage of weak acids and bases.
Boron Analyzer market can be segmented on the basis application:
- Semiconductor Ultrapure Process Water
- Ultrapure Water Power Applications
Boron Analyzer Market: Competitive Landscape
Examples of some of the key players operating in the Boron Analyzer market are Ionics, Incorporated, Suez SA, Applitek NV, and GE Analytical Instruments, Inc.
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The Boron Analyzer market is segmented across North America, Latin America, Western Europe, Eastern Europe, China, SEA and others of APAC, Japan and Middle East & Africa. Europe is expected to be a large market for Boron Analyzer as a majority of the Boron Analyzer vendors such as Suez SA, and Applitek NV are based in the region. The number of manufacturers commercializing boron analyzer in the North American region are increasing which is expected to boost the adoption of these systems in the market. The growing popularity of Boron Analyzer in developing regions, such as APEJ, Latin America and parts of Africa, is characterized by the increasing requirement of water quality management systems and low cost of the system. Rising disposable income among people in the countries mentioned above is likely to increase the scope of penetration of Boron Analyzer in these regions in the near future.