Press release
Global Laboratory Reagents Market to Witness Robust Expansion by 2025
In terms of production side, this report researches the Laboratory Reagents capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Laboratory Reagents by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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Chemical reagent is a substance or a compound that is used in a chemical reaction to detect, examine, measure or produce other chemical substance. The global market for laboratory chemical reagents is expected to witness significant growth due to increased usage of chemical reagents in the large scale commercial applications and basic research activities. Additionally, continuous technological advancements in the field of bio-therapeutics, recombinant DNA and cell culture have enhanced the scientific ability to identify and produce human therapeutics for ages. Hence, this has also contributed in robust growth of the market.
The technical barriers of laboratory chemical reagents are relatively not high, resulting in low level concentration degree. The key companies in in laboratory chemical reagents market include Merck, Thermo, TCI, American Element, Sinopharm, Xilongchemical, ABCR, BOC Sciences, Wako-chem, Kanto, etc. USA is the largest producer and consumer, followed by Europe, China.
However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of laboratory chemical reagents. Therefore, to some extent, the companies face the risk of profit decline.
The Laboratory Reagents market was valued at 18300 Million US$ in 2017 and is projected to reach 29800 Million US$ by 2025, at a CAGR of 6.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Laboratory Reagents.
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This report includes the following manufacturers; we can also add the other companies as you want.
Merck
Thermo
TCI
American Element
Sinopharm
Xilongchemical
ABCR
BOC Sciences
Wako-chem
Kanto
Scientific OEM
Glentham Life Sciences
JHD
SRL Chemical
Applichem
JUNSEI
Euroasia Trans Continental
Aladdin
Jkchemical
Market Segment by Product Type
Solvents
Acids
Standards
Dyes
Solutions
Market Segment by Application
Government
Academic
Industry
Pharma
Environmental institutions
Key Regions split in this report:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Laboratory Reagents status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Laboratory Reagents manufacturers, capacity, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Laboratory Reagents are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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