The report "Water Hardness Test Strip Market by Type (Calcium concentration measurement, magnesium concentration measurement), Application (Industrial, Laboratory, Others), Sales Channel (Retail & Non-retail), and Region - Global Forecast to 2025" The water hardness test strips is projected to reach USD 70.22 billion by 2025, at a CAGR of 4.4% during the forecast period (2020-2025). The water hardness test strips market was valued at USD 56.57 billion in 2020. Water hardness testing is one of the largest segments of the global testing, inspection, and certification (TIC) industry. It is also a part of the environmental industry, including environmental products, environment treatment services, wastewater management systems, and analytical (testing) services. The water hardness test strips market is driven by their multifunctionality in various industrial applications. However, the increasing governmental regulations and growing awareness about improving water quality boost the water testing market globally.
Browse 108 market data Tables and 36 Figures spread through 163 Pages and in-depth TOC on "Water Hardness Test Strip Market by Type (Calcium concentration measurement, magnesium concentration measurement), Application (Industrial, Laboratory, Others), Sales Channel (Retail & Non-retail), and Region - Global Forecast to 2025"
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Excessive presence of calcium in water drives the demand for calcium concentration measurement
By type, the calcium concentration segment was the largest segment in 2020. The quantitative or semi-quantitative determination of calcium by means of rapid methods is of interest to different fields, including medical diagnostics, environmental control, and other related industries. Of the different types of rapid methods on the market, dry chemical methods, also known as test strips, are probably those that make up the most active market.
Cost-effective method for testing of water hardness helps in gaining market traction
Every manufactured product uses water during some part of the production process. Industrial water use includes water used for purposes such as fabricating, processing, washing, diluting, cooling, or transporting a product; incorporating water into a product; or for sanitation needs within the manufacturing facility. Industrial water quality is critical in the production, washing, diluting, cooling, and transportation of most manufactured products. According to the Water Resources Group, the demand for water is rapidly increasing, and is expected to exceed the current supply by 40% by 2030. The use of water hardness test strips in industries is preferred as it is the quickest and cost-effective method to determine the quality of water being used. Through these results, the user can also determine the level of water treatment to be done, which helps save costs for the industry. Water is used in direct contact with the food or food contact surfaces or indirectly as a processing aid. The significance of using quality water in food production has also been recognized by requiring the application of HACCP principles in water usage. Thus, the use of strips for determining the level of water hardness is expected to grow commercially through sectors such as food, chemicals, and petroleum refineries.
Asia Pacific market is projected to be the fastest market during the forecast period.
The Asia Pacific market for water hardness test strips is projected to grow at the highest CAGR during the forecast period. Collaborations and proactive efforts of stakeholders in the water management supply chain are boosting the regional market for water hardness test strips.
The global marketplace for water hardness test strips is slated to achieve the fastest growth in Asia Pacific owing to the extensive efforts from all the stakeholders in the supply chain, be it the governmental, non-governmental, or private organizations, in the direction of improvising the environmental criteria of sustainability. The robust demand scenario of the region propels the growth trajectory of water hardness test strips in the region. India, Australia & New Zealand, and Southeast Asia are some of the regional hotspots exhibiting the highest growth rate in that order for the sales performance of water hardness test strips. The unchecked effluents from sewage, industrial wastes, and agricultural run-off are known to have serious detrimental effects on the quality of potable water in the region. The dilapidated water quality scenario of the region has nudged the monitoring efforts either through the comprehensive legal framework mandating industries and related establishments to have adequate systems in place to assess the hardness of water; this trend has boosted the market for test strips in Asia Pacific.
The key players in this market include Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), Spectris (UK), Danaher Corporation (US), LaMotte Company (US), Johnson Test Paper Ltd (UK), Serim Research Corporation (US), Avantor, Inc. (US), Isolab Laborgerate GmbH (Switzerland), Aqua Cure Ltd. (England), Cole-Parmer Instrument Company, LLC (US) and Industrial Test Systems, Inc. (US) among others.
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