|04-10-2018 02:40 PM CET - Health & Medicine||
Global Gas Chromatography Market Expected to Exceed US$ 3,500 Mn in Revenues by 2022-end
Press release from: Fact.MR
The global market discussion on gas chromatography industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Gas Chromatography Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on gas chromatography market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.
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A recent research by Fact.MR estimates the global gas chromatography market to exhibit an above-average expansion through the forecast period 2017 to 2022. The global market for gas chromatography is expected to exceed US$ 3,500 Mn in revenues by 2022-end.
There has been a significant surge in adoption of gas chromatography among industrial sectors such as oil & gas, agriculture, food & beverage, and healthcare. Gas chromatography is also being adopted in research organizations, academic institutes, clinical toxicology, and environmental agencies. Combination of gas chromatography and mass spectrometry (GC-MS), has found its application in fire investigation, identifying unknown samples, environmental analysis, investigation of explosives, and detection of drugs. On the back of these applications, gas chromatography will witness a substantial rise in demand in the upcoming years. Various governments are making investments for the development of advanced chromatography technologies. In addition, a number of collaborations have been witnessed between research laboratories, and academic institutes since the recent past. Gas chromatography tests have become highly imperative for drug approvals. The aforementioned factors will augment growth of the global gas chromatography market over the forecast period.
North America’s Dominance in the Global Gas Chromatography Market will Remain Unchallenged through 2022
North America is projected to remain the largest market for gas chromatography, expanding at an impressive CAGR through 2022. In this region, the United States is well known for biopharmaceutical research, and production of pharmaceutical drugs. The number of geriatric population in North America is witnessing a rise, thereby driving demand for different medicines for treatment of different diseases. These factors will drive growth of gas chromatography market in North America. Europe is expected to be the second most lucrative market for gas chromatography over the forecast period.
Accessories & consumables, and auto-samplers are expected to emerge as the fastest-selling products in the global gas chromatography market. Auto-samplers will remain more lucrative than accessories & consumables of gas chromatography, in terms of revenues. Gas chromatography instruments will continue to be the top-selling product, with sales poised to exceed US$ 1,600 Mn by 2022-end. In addition, sales of instruments, and detectors will register a parallel expansion at 5.5% CAGR through 2022.
Oil & gas industries are projected to remain the largest end-users of gas chromatography, in terms of revenues. In addition, revenues from gas chromatography in oil & gas industries, and pharmaceutical & biotechnology industries are estimated to account for nearly two-third share of the market during 2017 to 2022. Pharmaceutical & biotechnology industries will exhibit the fastest expansion as compared to all the other end-users in the market through 2022.
Key market players listed in Fact.MR’s report include Agilent Technologies, DANI Instruments S.p.A, Thermo Fisher Scientific, Inc., Merck KGaA, Restek Corporation, Shimadzu Corporation, LECO Corporation, Perkin Elmer Inc., and Danaher Corporation.
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Table of Content:
1. Global Gas Chromatography Market - Executive Summary
2. Global Gas Chromatography Market Overview
2.1.1. Global Gas Chromatography Market Taxonomy
2.1.2. Global Gas Chromatography Market Definition
2.2. Global Gas Chromatography Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Gas Chromatography Market Y-o-Y Growth
2.3. Global Gas Chromatography Market Dynamics
2.5. Supply Chain
2.6. Cost Structure
2.7. Average Pricing Analysis
2.8. List of Distributor
2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Gas Chromatography Market Analysis and Forecast By Product
3.1. Global Gas Chromatography Market Size and Forecast By Product, 2012-2022
3.1.1. Instruments Gas Chromatography Market Size and Forecast, 2012-2022
126.96.36.199. Revenue (US$ Mn) Comparison, By Region
188.8.131.52. Market Share Comparison, By Region
184.108.40.206. Y-o-Y growth Comparison, By Region
3.1.2. Detectors Gas Chromatography Market Size and Forecast, 2012-2022
220.127.116.11. Revenue (US$ Mn) Comparison, By Region
18.104.22.168. Market Share Comparison, By Region
22.214.171.124. Y-o-Y growth Comparison, By Region
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Healthcare market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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