Purification Technologies
Stage
Acquired | AcquiredAbout Purification Technologies
Purification Technologies (PTI) is a specialty solvent company that performs high volume purification and repackaging of selected solvents. The company sells highly purified solvents in bulk tankwagons (up to 45,000 pounds or 6,000 gallons) and isotankers (up to 35,000 pounds or 5,000 gallons), the leading product is acetonitrile. PTI produces high purity solvents for analytical, biotechnology and agrochemical customers internationally.
Latest Purification Technologies News
Aug 24, 2023
Companies Covered Aqua Solutions, Inc.,Chengdu Ultrapure Technology Co., Ltd.,ELGA LabWater,Evoqua Water Technologies LLC,Labconco,Merck KGaA,RephiLe Bioscience Ltd.,Sartorius AG,Thermo Fisher Scientific Inc.,Yamato Scientific Co., Ltd. Key Takeaways from the Market Study As of 2022, the benchtop laboratory water purifier market was valued at US$ 13.3 billion By type the ultrapure segment is expected to dominate the industry during the forecast period Based on automation grade, the fully automatic segment accounts for the highest market share Based on end-user, the pharmaceutical segment is expected to generate significant revenue during the forecast period. Benchtop Laboratory Water Purifier: Key Trends and Opportunistic Frontiers The increasing demand from the life sciences and biotechnology sectors, and rapid expansion of research institutions, testing laboratories, and academic facilities contribute to the demand for benchtop water purification systems. Increasing technological advances in water purification technologies, such as improved membrane materials, advanced filtration techniques, and smart monitoring systems, enhance the efficiency and performance of benchtop laboratory water purifiers. Benchtop Laboratory Water Purifier Market- Regional Analysis Asia Pacific is expected to dominate the market during the forecast period. Increasing investments in research and development, drive the demand for benchtop laboratory water purifiers in the region. The growth of the pharmaceutical and healthcare sectors in countries like China, Japan, and South Korea fuels the adoption of high-purity water for drug testing and manufacturing. Increasing demand from universities and research institutes across the region boosts market sales. North America is expected to provide an opportunity for market growth throughout the forecast period with the presence of major benchtop laboratory water purifier companies in the region. The increasing demand from advanced research facilities, pharmaceutical companies, and biotechnology firms that require high-quality purified water for various applications drive the market demand. Competitive Landscape The global industry is consolidated, with a few large-scale vendors controlling the majority of the market share. The leading players in the market are investing in new product development, mergers, and acquisitions to gain a competitive edge. Transparency Market Research has profiled the following players in its global benchtop laboratory water purifier market report: Aqua Solutions, Inc. ELGA LabWater Key Developments in the Benchtop Laboratory Water Purifier Market ELGA LabWater introduced PURELAB Quest, the world’s first 3-in-1 lab water purification system. A versatile water purification system with customizable configurations. It features touch-screen controls and advanced dispensing options. Sartorius AG launched the arium® mini, a compact benchtop water purification system designed for laboratories with limited space. The system offers multiple purification modes and real-time monitoring. MilliporeSigma expanded its Milli-Q® range with the introduction of the Milli-Q® IQ 7003/7005 ultrapure and pure water system. It features Elix® EDI technology and is designed for lab productivity. Labconco introduced the WaterPro® PS Polishing Station, which provides additional purification to existing laboratory water systems. It uses deionization and UV technologies to achieve high-purity water. Benchtop Laboratory Water Purifier Market – Key Segments Type About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports. Contact:
Purification Technologies Frequently Asked Questions (FAQ)
Where is Purification Technologies's headquarters?
Purification Technologies's headquarters is located at 67 Winthrop Road (Route 145), Chester.
What is Purification Technologies's latest funding round?
Purification Technologies's latest funding round is Acquired.
Who are the investors of Purification Technologies?
Investors of Purification Technologies include VWR International.