Global Sulfur-In-Oil Analyzers Market is valued USD 185.2 million in 2018 and is projected to exhibit 4.42% CAGR during the forecast period. The market is projected to be around USD 261.5 million by 2026. The growth of the global sulfur-in-oil analyzers market can be attributed to the growth of automotive industry and increasing consumption of petroleum products in emerging economies.

Sulfur analyzers are used to detect the amount of sulfur like crude oil, gasoline, NAPTHA, jet fuels, catalysts, water, and more. These sulfur analyzers are X-ray fluorescence and UV fluorescence. This sulfur analyzer provides a smarter analysis with hassle-free sample preparation, easy operation, rapid testing, compliance flexibility, and precision.
Sulfur-In-Oil Analyzers Market Dynamics
The use of demand for automotive fuels has increased significantly from the last few years. Thus, the increase or decrease in demand of the automotive industry has an impact on the sulfur-in-oil analyzers market. This is because the use of sulfur-in-oil analyzers is increasing in oil refineries. According to International Organization of Motor Vehicle Manufacturers, the total production of cars was 72,105,435 in 2016, which reached 73,456,531 in 2017.
This primary factor, which drives the automotive Industry, is technological development and rapidly increasing per capita disposable income among the consumers. Therefore, the growth of sulfur-in-oil analyzers market is expected to be parallel to the growth of the automotive industry.
Sulfur-In-Oil Analyzers Market Insight
The sulfur-in-oil analyzers market based on regiona has been segmented into, North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North America includes US, Canada, and Mexico. North America is expected to be the largest market for sulfur-in-oil analyzers during the forecast period. The growth sulfur-in-oil analyzers market in the region is driven by a rise in disposable income and an increasing passenger vehicle fleet. This region also had the highest number of motor vehicles registered in 2018. The sulfur-in-oil analyzers market in North America is projected to register a CAGR of 4.31% during the forecast period.
Sulfur-In-Oil Analyzers Market Segmentation
The global sulfur-in-oil analyzers market is segmented into type, application, and region. On the basis of the type the market is further bifurcated into X-ray fluorescence sulfur-in-oil analyzer and UV fluorescence sulfur-in-oil analyzer. The market based on application is segmented into oil and gas, chemical, and environmental. Based on the region the market is further segregated into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America..
Sulfur-In-Oil Analyzers Market Competitive Landscape
The players associated with the global Sulfur-in-oil analyzers market include Horiba, Ltd, XOS, Rigaku, Oxford Instruments, Dani Instruments, Yokogawa, and Galvanic among others.