Asia-Pacific Food and Environment Manual Testing Market is expected to grow at a CAGR of 9.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Asia-Pacific food & environment manual testing market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario.
The major players dealing in Asia-Pacific food & environment manual testing market are introducing strong range of product portfolio. This helped company to maximize the sales with enhanced product portfolio. For instance In July, Tintometer GmbH (Germany) introduced new turbidity meter under their water treatment product portfolio. The new product offer new features for customers such as long test measurement with single battery, easy handling and others with maintaining standard of EN ISO 7027. Through this the company is targeting the customer which requires long test measurement for testing wastewater, drink and pool water.
Merck KGaA is the dominating player in the food & environment manual testing market. The other key players existing in the market includes Xylem, Tintometer GmbH, Hanna Instruments, Danaher (Hach), Horiba, Ltd., Mettler Toledo.
Merck KGaA
Merck KGaA is headquartered in Darmstadt, Germany which was founded in 1668. The company performs its business from segments such as life science, healthcare and performance materials. The company is engaged in offering high quality and specialized products for healthcare, performance materials and life science sector. The company provides the market focused products under the life science segment, which includes various product categories such as analytics and sample preparation, biopharmaceutical manufacturing, industrial microbiology, IVD/OEM materials and reagents, life science research, reagents, chemicals and labware, Small molecule pharmaceuticals and water purification. The market focused products are derived from analytics and sample preparation category. The company is investing huge amount of capital to increase their geographic presence in the Asian region.
- In February 2018, Merck KGaA invested around USD 49.0 million for the Asian market. The aim of the investment is to improve their distribution network around Asian Countries.
The company has wide global presence across the globe such as Asia-Pacific, Europe, Latin America, North America, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as AB Allgemeine Pensions GmbH & Co. KG (Germany), Allergopharma Verwaltungs GmbH (Germany), Biochrom GmbH (Germany), Chemitra GmbH (Germany) and Merck Financial Services GmbH (Germany) among others.
Xylem:
Xylem is headquartered in New York, U.S. which was founded in 2011. The products offered by the company are Water Infrastructure, Applied Water and Measurement & Control Solutions. The company mainly focuses towards water technology solutions required for the wastewater, water and energy industries. The company provides their water testing products under the segment water infrastructure and focused to provide products such as photometers, turbidimeters and colorimeters. They are even focused towards participating in various Expo’s such as Aquatech China, IE EXPO and others to showcase its product which ultimately enhances its brand awareness as well as customer base
For instance,
- In April 2019, Xylem participated at the IE EXPO China 2019 event conducted at Shanghai, China. The aim of the trade show is to exchange and explore the knowledge and discuss about the new innovation availability for the environmental sector customers.
The company has wide global presence across the globe such as Europe, Asia-Pacific, and Americas. In addition to it, the company also generates its revenue from the various subsidiary companies such as Citilogics, LLC, (U.S.), CMS Research Corporation (U.S.), EmNet, LLC (U.S.), Faradyne Motors (Suzhou) Co. Ltd. (China), Faradyne Motors LLC (U.S.) among others
Tintometer GmbH
Tintometer GmbH has headquartered in Dortmund, Germany and it was founded in 1885. The company has a strong product portfolio with a wide range of photometers and its accessories which is the major strength for the company. The company is focused in manufacturing of measuring equipment used for the colour and water testing management. The market focused product provided by the company is water testing and colour measurement solutions.
- In July 2018, Tintometer GmbH (Germany) launched a new tubidimeter designed for water treatment industries. The product is incorporated with new features of long test measurements, easy handling and with efficient workflow and maintenance standard of EN ISO 7027.
The company has presence in Europe, Americas, Asia, Australia, Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Tintometer AG (Switzerland), The Tintometer Limited (U.K.), Tintometer Inc. (U.S.), Tintometer China (China), Tintometer South East Asia (Malaysia), Tintometer India Pvt. Ltd. (India) among others.
Recent Strategic Decisions
