Water quality analysis instrument or welcome 550 million market

According to a recent research report released by TechSci “Market Forecasts and Opportunities of China's Water Quality Analysis Instruments in 2018”, China’s water quality analysis instrument market is one of the largest in Asia. It is estimated that the market for water quality analysis instruments in 2018 will exceed US$550 million.

The performance of water quality analysis instruments in the Chinese market far exceeds that of the past few years and is expected to grow at a rapid rate in the next five years. The main reasons for the growth of analytical instruments in China include the booming pharmaceutical industry and the importance attached to sewage treatment; the rising demand for water and the aggravation of water pollution have also driven the demand for water quality analysis instruments in China.

A small part of China's water quality analysis instrument suppliers come from China, and the remaining foreign manufacturers mainly come from the United States and Japan. Companies in this market are actively providing services. The government's investment in sewage treatment is also driving the growth in demand for analytical instruments.

The demand for instruments in the market places more emphasis on multi-parameter measurement and cost reduction. In China, the pH meter has the largest share of all water quality monitors. "The share is expected to decline in the next five years," said Karan Chechi, research director at TechSci.

The market for water quality analysis instruments can be further classified according to their final application, such as laboratory, industrial, river and industrial wastewater treatment, municipal wastewater treatment and drinking water analysis. In China, water analysis instruments for industrial and laboratory use are the two largest applications. “The use of water quality monitoring equipment is increasing at a rapid pace and its technology is constantly evolving. The industrialization process and the growing pharmaceutical industry are the main drivers of the growth of China's water quality analysis instrument market.” Chechi further added.

Water quality analysis instrument market is promising

The water quality analysis instrument market in China continues to break through many limitations, such as the small scale, the technology is not mature enough, the reliability and stability of the instrument are insufficient, it is difficult to meet the complex water environment and increasingly diverse pollutant monitoring needs. In the next few years, water quality analysis instrumentation will be applied in related fields of environmental protection. The on-line monitoring of surface water quality and the subdivision of heavy metal monitoring will usher in new market opportunities.

Industry analysts pointed out that as China attaches great importance to the environmental protection industry and the establishment of an automatic water quality monitoring network system, China's water quality analysis instrumentation market continues to break through many limitations, such as small scale, inadequate technology, and instrument reliability. The lack of stability makes it difficult to satisfy complex water environments and increasingly diverse pollutant monitoring needs. In 2010, the number of on-line water quality on-line monitoring equipment manufacturers grew rapidly. According to the statistics from the China Environmental Protection Industry Association, the number of companies that monitored the quality of water quality in the environment in China increased to 100 in 2009, and local suppliers were listed on the market.

In 2010, the total size of China's online water quality analysis instrument market reached 2.08 billion yuan, an increase of 11% over the same period of last year. The development of the process area was slow and the market scale was down. With the centralized listing of local suppliers, the growth rate of the municipal industry is obvious, and the environmental protection field will become the focus of future development. The future development direction of online water quality analysis instrument will develop in the direction of high quality, multi-function, integration, automation, systematization and intelligence.

Due to large-scale investment by the government in the fields of sewage treatment and surface water monitoring, the growth rate of the municipal industry is significant, with a year-on-year increase of 17%, and the market share has risen from 39% to 41%. The water quality analysis instrumentation industry is promising.