Global Mercury Analyzer Market was valued at USD 0.23billion in 2018 which is expected to reach USD0.40 billion by 2027 at a CAGR 6.55%.
Mercury analyzer is the type on-line instrument which is designed for measuring the consistency of the mercury that exhibits property of adsorption. It is a multifunctional atomic adsorption spectrometer used for removing residue. Mercury analyzers are highly efficient, selective and sensitive device that doesn’t require any pre-concentration and generative steps.
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Rise in government regulations regarding environment protection by raising funds for analyzing pollution and control in the surroundings and the increase in health awareness among the majority of the population are the key driving factors which is expected to boost the global mercury analyzer market growth. Further, rise in initiatives for improving quality of food product will have the positive impact on market growth. Also, increase in funding for monitoring environment pollution and control which are expected to propel the market growth in near future.
However, high cost of mass spectrometry systems for mercury analysis is the major restraining factor which is expected to hamper the global mercury analysis market growth. Also, high export barriers for environmental technologies will affect the market growth.
Global Mercury Analyzer Market is segmented into type such as Cold Vapor Atomic Fluoresce, and Cold Vapor Atomic Absorption. Further, market is segmented into end user such as Oil& Gas, Petroleum Industry, Food Industry, Environmental Monitoring, and Others.
Also, Global Mercury Analyzer Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Nippon Instruments, Analytik Jena, Milestone, Perkinelmer, Thermo Fisher Scientific, Tekran, Teledyne Leeman Labs, Hitachi High-Technologies, Mercury Instruments, and Lumex Instruments
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