Mercury Analyzer Market Size Worth $531.45 Million By 2032 | CAGR: 6.7%

The global mercury analyzer market size is expected to reach USD 531.45 million by 2032, according to a new study by Polaris Market Research. The report “Mercury Analyzer Market Share, Size, Trends, Industry Analysis Report, By Type (Cold Vapor Atomic Fluoresce and Cold Vapor Atomic Absorption); By End Use Industry; By Sales Channel; By Region; Segment Forecast, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Mercury analyzer market is primarily driven by the increasing partnerships by key players to introduce “Mercury Lab” to create opportunities in the market. For instance, in January 2023 IDEA Consultants, & Nippon Instruments Corporation (NIC), Japan, partnered to establish Mercury Lab at the Asian Institute of Technology (AIT). Located at the IDEA EEM Laboratory / IDEA R&D Center, this laboratory is unique within South East Asia, asit focuses on environmental issues such as mercury measurement & analysis.

Increasing awareness about human health various governments banned the direct discharge of toxic mercury into the river. For instance, in September 2022, Chinese gold mining groups Mencheng Mining & Zinquo Mining in Cameroon were criticized for discharging toxic mercury & cyanide into rivers, posing fitness risks to miners and adjacent residents. The Centre for Environment and Development (CED) highlighted the tremendous pollutants in eastern and northerly Cameroon because of those corporations' gold mining sports, emphasizing the dangers of mercury infection from the gold-washing process, inclusive of the alarming presence of young children working in the un-safe situations.

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Furthermore, market players expanded their product portfolio to provide a range of mercury analysis solutions to cater to the industry demands. For instance, in August 2022, Lumex Instruments launched a full range of mercury analysis solutions, which include RA-915M, RA-915Lab, & RA-915 AM monitors. These analyzers can detect mercury levels in various solid materials, liquids, or gases, xas they can also sense minor amounts regardless of surrounding matrices such as crude oil & biological specimens.

In addition, the increasing installation of mercury analyzers in municipal plants and hospitals owing to the prevention of toxic mercury elements on human health drives the mercury analyzer market forward. For instance, in March 2022, ENVEA introduced SM-5 the next generation of mercury CEMS analyzers. SM-5 has been specifically created for incinerators dealing with hazardous waste. The SM-5 Mercury CEMS has been installed in several municipal processing plants & hospitals located in the Europe.

Mercury Analyzer Market Report Highlights

• The cold vapor atomic absorption segment is anticipated to witness the highest growth in the forecast period, due to lower costs, ease of operation, & suitability for field applications.
• The food industry segment is projected to experience a larger revenue share in 2023, due to better monitoring of mercury levels in food chains, and packaged foods.
• North America is projected to register the fastest growth over the study period, attributable to use of AI -based mercury detector solutions
• The global players include Nippon Instruments Corporation, Hitachi High-Tech Corporation, and ENVEA.

Polaris Market Research has segmented the mercury analyzer market report based on type, end-use industry, sales channel, and region:

Mercury Analyzer, Type Outlook (Revenue - USD Billion, 2019 - 2032)

• Cold Vapor Atomic Fluoresce
• Cold Vapor Atomic Absorption

Mercury Analyzer, End-Use Industry Outlook (Revenue - USD Billion, 2019 - 2032)

• Oil& Gas
• Petroleum Industry
• Food Industry
• Environmental Monitoring
• Other End Users

Mercury Analyzer, Sales Channel Outlook (Revenue - USD Billion, 2019 - 2032)

• Online
• Offline

Mercury Analyzer, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Mercury Analyzer Market Report Scope