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(IT-NEWSWIRE.COM, August 27, 2021 ) The water hardness test strip market is estimated to be valued at USD 56.5 billion in 2020 and is projected to reach USD 70.2 billion by 2025, recording a CAGR of 4.4 %, in terms of value.
The rise in number of industrial establishments, surge in rate of urbanization have been key factors that drive the overall value sales growth of water hardness test strip market. Asia Pacific segment is going to dominate the market, due to its high production of processed food, whereas the South American region is growing fastest owing to new technologies and increase in the export of food and beverages.
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Opportunities: Increasing stringent regulations for drinking water
Due to growing concerns among consumers demanding fresh and pure-quality water enriched with minerals and vitamins, water hardness test strips will grow significantly in the coming years. The Environmental Protection Agency (EPA) has developed the National Primary Drinking Water Regulations with enforceable standards on the quantity of contaminants allowed in drinking water. These standards protect consumers from contaminants that may pose a risk to human health. All public water providers (municipal and civil bodies) must comply with these requirements while supplying water to their consumers. In addition, the EPA has a set of standards known as the National Secondary Drinking Water Regulations. These standards are recommended guidelines by the government to the water providers, which have to be strictly followed.
Challenges: Demand for innovative testing strips/technology
The technological focus from conventional water hardness testing methods has been shifting toward rapid testing methods, as they are efficient and time-saving and generate results within a few hours. Rapid testing methods ensure the analysis of a larger sample size and thereby reduce the time required for sample testing. Advanced technologies ensure the detection of microbial as well as chemical contaminants present in the samples. Furthermore, simultaneous detection of all contaminants present in the samples can reduce the number of tests required, thus saving time and cost of each test conducted. Sensitive and accurate time-efficient results obtained through rapid testing create several opportunities for the water hardness test strips market.
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Key Market Players:
Thermo Fisher Scientific, Inc. (US), Merck KGaA (Germany), 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), Spectris (UK), Industrial Test Systems, Inc. (US), US Water Systems, Inc (US) Bartovation LLC (US), Colorkim Kimya (Turkey), Simplex Health (UK), Amity International (UK), Instruments Direct Services Limited (UK), Hangzhou Lohand Biological Co., Ltd (China), and Changchun Wancheng Bio- Electron Co., Ltd. (China).
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