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Chromatography Solvent Market incredible future growth | 2018 Key Players are EMD Serono, Inc., Regis Technologies, Thermo Fisher Scientific, Tedia Company, Inc, VWR Corporation
Global Market Insights, Inc.
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Industry application of chromatography solvent market includes pharmaceutical, environmental, biotechnology, cosmetics, academics & research and food safety. Among these, pharmaceutical industry is likely to drive the market due to amplified funding in the healthcare sector, which is likely to surpass USD 175 billion by 2024.
Biopharma industry is likely to drive chromatography solvent market due to expiring patents of numerous drugs which will open opportunities for new players to enter the market. The development of diabetes treatment has played a major role in growth of insulin production which is likely to surpass USD 20 billion by 2024.
Chromatography solvent has wide application usage in food safety industry. It is used in additive detection, food spoilage and determining the nutritional quality. Food safety market is anticipated to surpass USD 14.5 billion by 2024 which is likely to boost the product demand.
Affinity chromatography solvent market size is likely to gain momentum in the anticipated period due to its selective nature, pure result and usage in proteomics market which bridge the gap between genome sequence and cellular behaviour.
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North America, led by Mexico, Canada and the U.S. chromatography solvent market size, is anticipated to rise significantly in the projected period due to growth in drug manufacturing and awareness towards food safety. Technological advancement, increasing environmental testing’s, government initiatives and development in life sciences are likely to increase the product demand in the region.
Europe, driven by UK, Spain, Italy, France and Germany chromatography solvent market size, is likely to witness a noteworthy upsurge in the projected period owing to advancement in health care sector due to increasing cases of heart & cardio vascular disease. Germany is one of the important markets for health care and life support products as companies are preparing to expand their business in this region to grow their network and portfolio which is likely to enhance the market.
Asia Pacific chromatography solvent market demand, led by Australia, South Korea, Japan, India and China, is likely to encounter a significant growth in the projected period owing to increase in demand for medicines, increasing health care expenses, industrialization and aging population. Automation and arrival of high precision techniques such as HPLC which provides quick and accurate sample readings has resulted in the shift to more advance techniques. The demand for high purity chromatography solvent is anticipated to rise along with the growth of HPLC. The market is matured in Japan and expected to grow faster in China and India.
Global chromatography solvent market share is moderately fragmented. The important players operating in the market includes EMD Millipore, Avantor Performance Materials, Regis Technologies, Thermo Fisher Scientific, Tedia Company and VWR Corporation. Companies are focusing on expanding in markets such as Germany and China due to emerging opportunities in the pharmaceutical sector.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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