The global pH Test Strips market was valued at US$ 48 million in 2019 and is expected to reach US$ 64 million by the end of 2026, growing at a CAGR of 4.2% during 2021-2026.
The pH test strips is used to measure the pH value of the solution. Dip the head of the test strip into the solution, and the acidity and alkalinity of the solution can be known by comparing the color change of the test strip with the standard color chart.
Usually pH test strips is prepared by thymol blue, methyl red, methyl orange, bromothymol blue, phenolphthalein, and solvent in a certain ratio and then dried on strip, because it contains indicators indicating different pH ranges. And different indicators display different colors, so you can rely on rich color changes to indicate a wide pH value.
pH Test Strips is widely used to Education, Laboratory and Healthcare. The most proportion of Blood Glucose Test Strips is used for Laboratory, and the sales proportion is about 31.67% in 2018. Europe is the largest sales place, with a sales market share nearly 34.01% in 2018. Following Europe, Asia Pacific is the second largest sales place with the sales market share of 32.79%. Market competition is intense. VWR Chemicals, Merck, MACHEREY-NAGEL, GE Healthcare, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Global PH Test Strips Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global PH Test Strips Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are VWR Chemicals, Merck, MACHEREY-NAGEL, GE Healthcare, Ahlstrom-Munksjo, Camlab, Fisher Scientific, Precision Laboratories, LabRat Supplies, Johnson Test Papers Ltd, Micro Essential Laboratory Inc and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-ph-test-strips-market-research-report
Segment by Type
- PH Graduation = 1
- PH Graduation = 0.5
- PH Graduation < 0.5
Segment by Application
- Environmental Monitoring
Table of Content:
1 PH Test Strips Market Overview
2 PH Test Strips Market Competition by Manufacturers
3 PH Test Strips Retrospective Market Scenario by Region
4 Global PH Test Strips Historic Market Analysis by Type
5 Global PH Test Strips Historic Market Analysis by Application
6 Key Companies Profiled
7 PH Test Strips Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 PH Test Strips Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta