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United States pH Meter Market Forecast and Opportunities Report 2015-2020DUBLIN, May 19, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/29pttt/united_states_ph) has announced the addition of the "United States pH Meter Market Forecast and Opportunities, 2020" report to their offering. The US pH meter market is projected to grow at a CAGR of around 3% during 2015-20 The demand for pH meters is expected to majorly emanate from industrial segment, especially from chemical, oil & gas, power, waste and water treatment plants. In addition, there are many proposed research and testing laboratories planned for completion over the coming years, which is expected to generate demand for pH meters. Also, oil & gas sector in the United States is expected to witness growth during the forecast period, owing to the increasing exploration and processing activities of shale gas, which is anticipated to provide essential support to pH meter market over the next five years. pH meters are predominantly used in wastewater treatment plants; power plants; and food & beverage, pharmacutical, oil & gas and chemical processing industries in order to analyze the effluent water, sewage water, process water and other fluids. Increasing government regulations and growing concerns in industrial set-ups regarding harmful effects of acidic or basic nature of water on the quality of goods being produced are driving the sales of pH meter in the United States. Moreover, water analysis through pH meters helps in prevention of corrosion caused by the hard water to the pipelines and equipment such as boilers, condensers, etc. However, with high existing penetration of pH meters across diverse end-use industries, the United States pH meter market is anticipated to witness muted growth over the next five years.
Key Topics Covered: 6. United States pH Meter Market Outlook Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/united-states-ph-meter-market-forecast-and-opportunities-report-2015-2020-300086482.html SOURCE Research and Markets |