Tunable Diode Laser Analyzer Market worth $524.91 Million by 2020
According to a new market research report “Tunable Diode Laser Analyzer (TDLA) Market by Industry (Metal, Power, Cement, Oil & Gas, Chemical, Fertilizer, and Pulp & Paper), by Application (DeNOx, Incineration, Emission monitoring, & others) & by Geography - Analysis & Forecast to – 2014 - 2020”, the total market for the TDLA market will be worth $524.91 million by 2020 at an estimated CAGR of 10.30%.
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Tunable Diode Laser Analyser (TDLA) is highly sophisticated instruments that can identify the chemical composition of compounds present in the process stream and measure the concentrations of the elements identified in the composition. The TDLA industry has been disciplined like analytical chemistry, process chemistry, process engineering, and multivariate data analysis. They find applications in SRU (Sulfur Recovery), Refinery Heaters, Natural Gas, Incineration, Greenhouse Gases, FTC/GTC for Aluminum, Fertilizer (Urea), Emission Monitoring, Electric ARC Furnace, DeNOx Gas, Clean Gases, and Boilers amongst others.
This report covers the TDLA market on the basis of industries, applications, and geography. The segmentation by industry includes chemical, power, oil & gas, pulp and paper, fertilizer, cement, metal and environment industries. The segmentation by application includes such as Tail Gas, Syngas, SRU (Sulfur Recovery), Refinery Heaters, Refinery Fuel Gas, Nuclear, Natural Gas, Incineration, Greenhouse Gases, FTC/GTC for Aluminum, Flare Gas, Fertilizer Off Gas, Fertilizer (Urea), FCCU, Emission Monitoring, Electric ARC Furnace, DeNOx, Coke-Oven Gas, Clean Gases, Carbon Black Producers, Boilers, and BOF Gas.. The geographical analysis covers North America, South America, Europe, APAC, and ROW.
The major drivers for the TDLA market are the requirement for applications such as emission monitoring and incineration; growth of industries like oil & gas, metal, cement and power which have been demanding for more analyzers. There are restraints in the market such as high development and infrastructure cost which may inhibit the market growth. The increasing demand from emerging economies is one of the key opportunities for the TDLA market.
The major companies involved Siemens AG (Germany), ABB Ltd. (Switzerland), Mettler-Toledo International Inc. (Switzerland), Yokogawa Electric Corporation (Japan), Servomex (U.K.), NeoMonitors (Norway), Endress+Hauser group (Switzerland), and Sick AG (Germany), among others.
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