Coulometric Titrators Lead Market Surge with 5 4% CAGR, Driven by Increasing Demand in Drug Safety and Environmental Contamination Analysis, Heading Towards $334 3 Million tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ The "Titrators (Automatic and Manual) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com s offering. The.
Dublin, Oct. 25, 2023 (GLOBE NEWSWIRE) The "Titrators (Automatic and Manual) - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global Titrators market, which was valued at USD 368.7 million in 2022, is projected to reach USD 548.4 million by 2030, with a compound annual growth rate (CAGR) of 5.1% during the forecast period from 2022 to 2030. The Coulometric segment is expected to record the highest growth with a CAGR of 5.4%, reaching USD 334.
Share this article
Share this article
ResearchAndMarkets.com s offering.
Cuts Backs On Capital Spending in the Wake of COVID-19 Thwarts All Hopes of Growth for Titrators. Market Slumps by -6%.
The global market for Titrators (Automatic and Manual) is expected to slump by -6% in the year 2020 and thereafter recover and grow to reach US$470.5 million by the year 2027, trailing a post COVID-19 CAGR of 4.4% over the analysis period 2020 through 2027. CAPEX cuts in the COVID era have become increasingly common and widespread.
Global decline in demand for manufactured goods and services has forced companies to reprioritize spending and focus on cash liquidity position. Hard hit companies in oil and gas, chemicals and utilities sectors are cutting CAPEX at high rates in addition to cutting dividends and/or suspending share repurchases in an attempt to conserve cash.