Mercury analyzer market expected to reach $520.2 million by 2032, driven by environmental regulations.
From GlobeNewswire: 2025-03-19 10:00:00
The Mercury Analyzer Market is projected to reach USD 520.2 Million by 2032, growing at a CAGR of 6.5% from 2024-2032. The rising demand is fueled by strict environmental regulations globally, with companies like Thermo Fisher Scientific and Teledyne Leeman Labs introducing advanced mercury analysis instruments to meet the growing need for high-precision monitoring.
Cold Vapor Atomic Absorption (CVAA) technology dominated the market in 2023, holding a 68% market share due to its sensitivity and cost-effectiveness. The U.S. EPA’s Mercury and Air Toxics Standards (MATS) mandate has driven the demand for CVAA analyzers, especially in power plants and chemical manufacturing facilities.
Environmental monitoring accounted for the largest end-use segment in 2023, with a 28% market share. The UNEP Minamata Convention and stringent regulations on mercury pollution in air, water, and soil have led to increased adoption of mercury analyzers in environmental agencies and research institutions worldwide.
North America led the Mercury Analyzer Market in 2023, holding a 38% market share, driven by stringent environmental regulations and high adoption rates in industrial sectors. The U.S. EPA and Canada’s Environment and Climate Change Agency have established strict mercury emission limits, driving investment in advanced mercury analyzers.
Asia-Pacific emerged as the fastest-growing region in the Mercury Analyzer Market, with significant growth expected in the forecast period. Rapid industrialization, increasing environmental awareness, and regulatory measures in countries like China, India, and Japan are key drivers of market expansion.
In February 2024, Lumex Instruments introduced the Light 915M2 mercury analyzer, featuring real-time, high-precision detection with Zeeman AAS technology. With a 50 ng/m³ detection limit, 12-hour battery life, and no external calibration required, this innovation enhances efficiency for lab and field use in mercury analysis. The Mercury Analyzer Market report includes segmentation by type and end use, regional analysis, company profiles, and best practices. For full research report access until 2032, visit the link provided. SNS Insider offers customized research options and aims to provide clients with up-to-date market data and insights to make confident decisions in a changing environment. Contact [email protected] for more information.
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