Analytical Standards Market to Witness Huge Growth by Key Players: Merck KGaA, Agilent Technologies, Waters Corporation, LGC Standards, PerkinElmer Inc, SPEX CertiPrep, Mallinckrodt

The Analytical Standards Market research report strategically profiles key players and comprehensively analyzes their market position in terms of ranking and core competencies, and details the competitive landscape for market leaders. The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. Moreover, the market report will also assist to understand customer purchasing behaviours in order to grow your brand and gain a foothold in the industry.

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The global analytical standards market size is projected to reach USD 1.7 billion by 2025 from USD 1.3 billion in 2020, at a CAGR of 6.3%.

The report provides a comprehensive analysis of company profiles listed below:
• Merck KGaA (Germany)
• Agilent Technologies (US)
• Waters Corporation (US)
• LGC Standards (UK)
• PerkinElmer Inc. (US)
• Restek Corporation (US)
• SPEX CertiPrep (US)
• AccuStandard Inc. (US)
• Thermo Fisher Scientific Inc. (US)
• Mallinckrodt (UK)
• US Pharmacopeial Convention (US)
• Cayman Chemical Company (US)
• RICCA Chemical Company (US)
• GFS Chemicals Inc. (US)
• Chiron AS (Norway)

The recent COVID-19 global pandemic has also impacted the analytical standards market. Demand from the main end-users has declined as key regions, and countries have imposed social distancing rules and lockdowns. This impact is expected to be short-term, and no adverse effects are to be foreseen after the market gradually reopens.

"The environmental analytical standards accounted for the largest share of the analytical standards market, by product, in 2019."
The environmental analytical standards segment accounted for the largest share of the analytical standards market in 2019. This segment is also estimated to register the highest CAGR during the forecast period. The large share of this segment can be attributed to factors such as regulatory mandates related to the environment, raising awareness of the importance of a clean environment, degradation of environmental quality, and solid waste generation.

"The raw material segment accounted for the largest share of the analytical standards, by methodolgy, in 2019"
The raw material segment accounted for the largest market share in 2019. The large share of this segment is attributed to the increasing manufacturing of medicinal & petrochemical products & significant growth in the food & beverage industry, and strong regulatory emphasis on the quality of drugs as well as for food & beverages across the globe.

"The Asia Pacific market to grow at the highest CAGR during the forecast period."
The analytical standards market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. ncreasing investments by governments in the biotechnology industry, rising outsourcing of clinical trials from developed to emerging Asian nations, strategic expansions of analytical instrument market players in the region, increasing focus on soil testing, food security concerns in India, an increasing number of bioclusters, and high use of analytical technologies in Japan are the major factors driving the growth of the APAC analytical standards market.

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Competitive Landscape of Analytical Standards Market:
1 Overview
2 Market Share Analysis
3 Competitive Scenario
3.1 Product Launches, 2016-2020
3.2 Agreements And Collaborations, 2015-2020
3.3 Acquisitions, 2016-2020
3.4 Expansions, 2016-2020
4 Competitive Leadership Mapping
4.1 Star
4.2 Emerging Leaders
4.3 Pervasive
4.4 Emerging Companies

Research Coverage:
This report studies the analytical standards market based on the technique, product, methodology, category, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five major regions (and the respective countries in these regions).

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This release was published on openPR.