Gas Chromatography Market by Instrument (Systems, Detectors), Accessories and Consumables (Columns, Column accessories, Pressure regulators, Gas generators),End user (Oil & Gas industry, Environmental agencies, Pharma & Biotech) - Global Forecast to 2022
The global gas chromatography market is expected to reach USD 3.67 billion by 2022 from USD 2.64 billion in 2016, at a CAGR of 6.2%.
In this report, the gas chromatography market is segmented on the basis of instruments, consumables and accessories, end users, and regions. The instruments market is segmented into systems, detectors, autosamplers, and fraction collectors. The systems segment is expected to register the highest CAGR during the forecast period. The growth of this segment can primarily be attributed to factors such as technological advancements and increased capability of the systems to analyze complex compounds.
The accessories and consumables market is segmented into columns, column accessories, autosampler accessories, flow management consumables & accessories, fittings & tubing, pressure regulators, gas generators, and other accessories. The columns segment is projected to register the highest CAGR in the forecast period. The growth of this segment can primarily be attributed to factors such as availability of improved gas chromatography columns for the petroleum industry and the discovery of new oil fields.
By end user, the gas chromatography market is segmented into oil & gas industry, environmental agencies, food & beverage industry, pharma & biotech, academic & government institutes and cosmetic industry. The environmental agencies segment is projected to be the fastest-growing segment of the global gas chromatography market in the forecast period. Various policies and initiatives to reduce environmental pollution levels and the increasing importance of waste water treatment are driving the growth of this end-user segment.
Product launches was the most widely adopted growth strategy by key market players between 2014 and 2017 to increase their market shares and cater to unmet needs. The prominent players in the market are Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Shimadzu Corporation (Japan), PerkinElmer, Inc. (U.S.), Danaher Corporation (U.S.), Scion Instruments (Techcomp USA Inc.), LECO Corporation (U.S.), Merck KgaA (Germany), Falcon Analytical Systems &Technology, LLC (U.S.), Restek Corporation (U.S.), Dani Instruments S.p.A. (Italy), and Chromatotec (France).
This report studies the gas chromatography market based on instruments, accessories and consumables, end users, and regions. The report provides an analysis of the various drivers, restraints and opportunities impacting the gas chromatography market during the studied period. In addition, the report provides an analysis of the opportunities and challenges in the market for stakeholders and provide details of the competitive landscape for market leaders. Furthermore, the report analyzes the micromarkets with respect to their individual growth trends, prospects, and contributions to the total market.
Reasons to Buy the Report:
The report will enable both established firms and new entrants to gauge the pulse of the market and to help them make important strategic growth decisions.
The report provides insights on the following:
• Product Development/Innovation: Product portfolios of the top players in the gas chromatography market. Detailed insights on upcoming technologies, R&D activities, and product launches in the market
• Competitive Assessment: In-depth assessment of market shares, strategies, geographic and business segments, and product portfolios of the leading players in the gas chromatography market
• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for various gas chromatography systems across geographies
• Market Diversification: Exhaustive information about new products, recent developments, and investments in the gas chromatography market