Gas Chromatography Market Worth $3,605.1 Million by 2019
09 Dec, 2014, 15:30 GMT
DALLAS, December 9, 2014 /PRNewswire/ --
According to the new market research report The "Gas Chromatography Market by Instrumentation (Systems, Detectors, Autosamplers, Fraction collectors), by Consumables & Accessories (Columns, Fittings & Tubings, Flow Management), by Reagents (Analytical, Preparative) - Analysis & Global forecast to 2019", published by MarketsandMarkets, analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia, and Rest of the World.
Browse 109 Market Data Tables and 57 Figures spread through 185 Pages and in-depth TOC on"Gas Chromatography Market"
http://www.marketsandmarkets.com/Market-Reports/gas-chromatography-market-101656773.html
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This report studies the global Gas Chromatography Market over the forecast period of 2014 to 2019. The market, valued at $2,583.6 Million in 2014, is poised to grow at a CAGR of 6.9% from 2014 to 2019 to reach $3,605.1 Million by 2019.
The global Gas Chromatography Market is categorized into three broad segments, namely, Instrumentation, Accessories & Consumables and Reagents. The Instrumentation market comprises of Systems, Detectors, Auto Samplers and Fraction Collectors. The gas chromatography detectors are further categorized into flame ionization detectors, mass detectors, thermal conductivity detectors, and others. The market for gas chromatography Accessories & Consumables is segmented into Columns, Column Accessories, Autosampler Accessories, Flow Management Consumables & Accessories, Fittings & Tubing, Mobile Phase Accessories, Pressure Regulators, and Others. The gas chromatography reagents market comprises of Analytical reagents and Preparative reagents.
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The increased importance of chromatography tests in drug approvals is likely to drive the growth of this market. Biotechnology and pharmaceutical industries are the prime users of the chromatography technique. Furthermore, government bodies have extended their help in the form of investments, funds, and grants, which has stimulated the usage of advanced chromatographic techniques in these industries. Tie-ups with research laboratories and academic institutes have resulted in increased support for research. Research activities in the fields of medicine, proteomics, metabolomics, and genomics are also increasing the use of chromatography instruments in these industries. A number of factors such as technological advancements, new product launches, and rise in the number of conferences related to chromatography technologies are propelling the growth of the chromatography instrumentation market.
North America accounts for the largest share of the Gas Chromatography Market, mainly due to augmented research activities for drug and biologic development, chromatography conferences, and direct and indirect government investments in the chromatography market. The Asian market is expected to witness high growth in the forecast period. A number of factors such as the increasing number of conferences on chromatography in Singapore and Malaysia; expansion of chromatography companies in China, India, Singapore, Vietnam, and Japan; and prominent pharmaceutical companies outsourcing their drug discovery and development services to the Asian region (especially in China and India) are propelling the demand for separation services and thus gas chromatography in Asia.
The major players in the Gas Chromatography Market include Agilent Technologies (U.S.), PerkinElmer (U.S.), Phenomenex, Inc. (U.S.), Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.), and W.R. Grace & Co. (U.S.).
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