Benchtop Laboratory Water Purifier Market To Reach US$ 31 Billion 2031: Increased Demand Driven By Enhanced Purification Technologies And Growing Opportunities
Growth in demand for high-purity water in various scientific and research applications is projected to fuel the benchtop laboratory water purifier market size in the next few years.
Wilmington, DE (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global benchtop laboratory water purifier market is projected to flourish at a CAGR of 10.2% from 2023 to 2031. As per the report published by TMR, a valuation of US$ 31 billion is anticipated for the market in 2031. As of 2023, the market for benchtop laboratory water purifiers is expected to close at US$ 14.6 billion.
The growing demand for high-purity water for experiments, analyses, and tests, and increasing advancements in scientific research and development across various fields, drive the growth of the benchtop laboratory water purifier market.
Increasing demand for benchtop laboratory water purifiers in pharmaceuticals, biotechnology, and food and beverage for quality control testing and analytical procedures to ensure accurate results, accelerates the growth of the market during the forecast period
Increase in regulatory scrutiny and quality control standards across industries healthcare, and life science the demand for benchtop laboratory water purification systems increases.
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Market Snapshot:
Report Coverage |
Details |
|
Market Revenue |
US$ 13.3 Bn |
|
Estimated Value |
US$ 31.0 Bn |
|
Growth Rate - CAGR |
10.2% |
|
Forecast Period |
2023-203 |
|
No. of Pages |
170 Pages |
|
Market Segmentation |
Type, Water Production (L/h), Automation Grade, Flow Rate, End-use, Distribution Channel |
|
Regions Covered |
North America,Europe,Asia Pacific,Middle East & Africa,South America |
|
Companies Covered |
Aqua Solutions, Inc.,Chengdu Ultrapure Technology Co., Ltd.,ELGA LabWater,Evoqua Water Technologies LLC,Labconco,Merck KGaA,RephiLe Bioscience Ltd.,Sartorius AG,Thermo Fisher Scientific Inc.,Yamato Scientific Co., Ltd. |
Key Takeaways from the Market Study
- As of 2022, the benchtop laboratory water purifier market was valued at US$ 13.3 billion
- By type the ultrapure segment is expected to dominate the industry during the forecast period
- Based on automation grade, the fully automatic segment accounts for the highest market share
- Based on end-user, the pharmaceutical segment is expected to generate significant revenue during the forecast period.
Benchtop Laboratory Water Purifier: Key Trends and Opportunistic Frontiers
- The increasing demand from the life sciences and biotechnology sectors, and rapid expansion of research institutions, testing laboratories, and academic facilities contribute to the demand for benchtop water purification systems.
- Increasing technological advances in water purification technologies, such as improved membrane materials, advanced filtration techniques, and smart monitoring systems, enhance the efficiency and performance of benchtop laboratory water purifiers.
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Benchtop Laboratory Water Purifier Market – Key Segments
Type
- Ultrapure
- Pure
- RO Water
Water Production (L/h)
- Below 50
- 50 to 100
- 100 - 200
- Above 200
Automation Grade
- Fully Automatic
- Semi-automatic
Flow Rate
- Below 5 (L/h)
- 5 to 10 (L/h)
- 10 to 15 (L/h)
- Above 15 (L/h)
End-use
- Food and Beverages
- Pulp and Paper
- Pharmaceuticals
- Chemical
Others
- Distribution Channel
- Direct Sales
- Indirect Sales
Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Source: Transparency Market Research Inc.