Press release
Gas Chromatography Worldwide Market Segmented By Key Players, Growth Factors, Regions and Applications, Industry Forecast Till 2024
Global Gas Chromatography Market ? Trends and Forecast to 2024
The Global gas chromatography market has accounted value of USD 3.1 billion in 2016 and is expected to reach USD 5.0 billion by 2024. The market is dominated by the reagents segment with about 44.2% of the market followed by Accessories and consumables. The GC devices segment is dominated by systems segment which is expected to grow at the highest CAGR of 6.2% in the forecast period 2016 to 2022.
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Top Companies:
Some of the major players operating in this global gas chromatography market are Agilent Technologies, Thermo Fisher Scientific, Inc., GE Healthcare, Phenomenex, Inc., Merck & Co., Shimadzu Corporation, Perkin Elmer, Inc., Waters, and W.R Grace & Co. among others For free sample of the report
Market Analysis:
Gas Chromatography (GC) is one of the major types of chromatography techniques, which are used in analytical chemistry for separating and analyzing biomolecules that can be vaporized without decomposing. GC techniques are mostly used in testing the purity of a particular sample, by separating the different components of the mixture. Additionally GC is used in identification purification and in preparative chromatography. This report segments the Global gas chromatography market based on products into devices, accessories and consumables, and reagents. The gas chromatography devices market is further segmented based on device type into detectors and systems. While the reagents segment is sub segmented into analytical and bioprocessing or preparative reagents.
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The Global gas chromatography market is in its nascent phase and is expected to grow prolifically in the forecast period of 2017 to 2024, due to growing demand of high performance petrochemicals, fine and specialty chemicals, natural gas, industrial gas and fuel cell industries. The unwavering focus on addressing environmental and food safety issues in developed world, expanding global biotechnology, and pharmaceutical industries and increasing government investments, funds, and grants increasing research activities in the fields of medicine, proteomics, metabolomics, and genomics fuels the chromatography accessories market.
Geographically the Global gas chromatography market is segmented into 5 regions
• North America,
• Europe,
• Asia-Pacific,
• Latin America and
• Rest of the World.
North America dominates the market due to highest investment and R&D expenditure of U.S. while Asia Pacific is expected to be the highest growing market owing to large pharma manufacturers outsourcing their research and manufacturing to Asian countries to scale up their production. All Geographies are further segmented into country wise analysis.
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