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Soaring Adoption Of Micro Gas Chromatographs Is Anticipated To Offer Profitable Avenues For The Gas Chromatography Market

Published: Aug 09, 2022

North America’s Dominance in the Global Gas Chromatography Market will Remain Unchallenged through 2022

Gas Chromatography Instruments Will Continue To Be The Dominant Segment, With Sales Expected To Surpass US$ 1, 600 Million By 2022-End

Fact.MR – A Market Research and Competitive Intelligence Provider: The global gas chromatography is expected to surpass US $ 3,500 Mn by 2022-end.

Gas chromatography has many benefits as it used for testing purity of substances, separating the components in a mixture. It is also being used for preparing pure compounds from mixtures, and ultimately identifying the compounds.

Rise in adoption of gas chromatography is witnessed in various industrial sectors such as food & beverage, agriculture, healthcare, and oil and gas. Product is also being rapidly used in environmental agencies, clinical toxicology, and academic institutes. Also, various industries such as oil & gas, pharmaceutical are expected to remain the largest end-users of the gas chromatographs.

Moreover, it is also utilized in in forensic industry for analyzing biological specimens, and crime-scene evidences. These factors are expected to push the growth of the market during the forecast period.

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Moreover, rise in the number of geriatric population in various developed economies such as North America. This is ultimately driving the demand for different medicines and treatments.

In addition to this, micro gas chromatographs offer various benefits such as shorter delays in acquiring results, lower quantities of sample gases required, and increased reliability in operation. Rise in adoption of micro gas chromatographs in diverse range of industries is expected to offer lucrative opportunities for the market. Moreover, Micro gas chromatographs offer various benefits such as shorter delays in acquiring results, lower quantities of sample gases required, increased reliability in operation.

Key Takeaways:

  • North America is expected to remain the dominant market for gas chromatography, expanding at a rapid pace through 2022. United States is well known for it significant investments in biopharmaceutical research, and production of pharmaceutical drugs.
  • Europe is the second most lucrative market for gas chromatography over the forecast period.
  • Accessories and consumables, and auto samplers are expected to emerge as the most lucrative segment in the global gas chromatography market. Moreover, auto-samplers have become more lucrative than accessories and consumables, in terms of revenue.
  • Gas chromatography instruments will continue to be the most attractive product, with sales poised to exceed US $ 1,600 Mn by 2022-end.
  • Oil and gas industries are expected to Pharmaceutical and biotechnology industries is expected to witness the highest CAGR through 2022.

Growth Drivers:

  • Governments across the globe are making significant investments in developing advanced chromatography technologies. Moreover, number of collaborations between research laboratories and academic institutions has been witnessed across the globe. Rise in investments and collaborations are ultimately expected to push the growth of the market.
  • Emerging economies offer higher growth potential for the global gas chromatography market, with rising GDP, coupled with increasing healthcare.
  • Rise in number of geriatric population in North America is driving the demand for different medicines for treatment of different diseases.
  • Various industries such as oil and gas, pharmaceutical and biotechnology are expected to grow at rapid pace. Moreover, oil and gas industries are expected to remain the largest end-users of gas chromatography.

Restraints:

  • Gas chromatography instruments are subject to high initial prices. Also, shortage of skilled professionals for operation of gas chromatography is also witnessed. These factors can act as a restraint for the growth of the market during forecast period.

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Competitive Landscape:

Due to rise adoption of micro gas chromatographs, most of the companies are focusing on usage of small instruments and saving space.

Key Companies Profiled by Fact.MR

  • Agilent Technologies
  • DANI Instruments S.p.A
  • Thermo Fisher Scientific, Inc.
  • Merck KGaA
  • Restek Corporation
  • Shimadzu Corporation
  • LECO Corporation
  • Perkin Elmer Inc.
  • Danaher Corporation.

More Valuable Insights on Gas Chromatography Market

Segmentation of Gas Chromatography Market

  • Gas Chromatography Market by Product:
    • Instruments
    • Detectors
    • Auto-Samplers
    • Fraction Collectors
    • Accessories & Consumables
  • o Gas Chromatography Market by End User:
    • Pharmaceutical & Biotechnology Industries
    • Food & Beverage Industry
    • Oil & Gas Industry
    • Academic Research Institutes
    • Others

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