Adsorption Chromatography Reagents Market Worth $1559.0 Million by 2018 - New Report by MicroMarket Monitor
(PRWEB) June 11, 2014 -- The global adsorption chromatography reagents market was valued at $958.0 million in 2013, to grow at a CAGR of about 10.2% from 2013 to 2018. It is expected to reach $1559.0 million by 2018. The increasing use of chromatography reagents in the pharmaceutical industry, enhanced investments in chromatography research by governments and companies, and technological advancements in chromatography systems are expected to drive the adsorption chromatography reagents market. However, the presence of alternate separation technology may restrain the growth of adsorption chromatography reagents market.
Browse through the market data tables, figures and detailed TOC on the “Adsorption Chromatography Reagents Market”.
Related Reports
North American Adsorption Chromatography Reagents Market
The North American adsorption chromatography reagents market contributes to the largest share in the global market, and is expected to grow at a CAGR of 9.0% from 2013 to 2018. The demand for adsorption chromatography reagents in North America is expected to be driven by increased investments from governments in chromatography research, rise in the demand of green chemistry, and the increasing application of chromatography in the pharmaceutical industry. Increasing new product launches, marketing agreements, and tie-ups with research laboratories and academic institutes by leading companies are also set to help the growth of the North American chromatography reagents market in the near future. The U.S. holds the largest share in the North American market and is expected to grow at a higher CAGR as compared to Canada and Mexico. However, alternative separation technologies may restrict the growth of this market to a certain extent.
European Adsorption Chromatography Reagents Market
The European region accounts for the second-largest share in the global adsorption chromatography reagents market, and is projected to grow at a CAGR of 8.6% from 2013 to 2018. Enhanced and extensive use of chromatography reagents in the pharmaceutical industry, rising application of chromatography techniques in protein separation, and investments in chromatography research are expected to drive this market. Germany accounted for the highest share in the European adsorption chromatography reagents market in 2013, which is expected to grow at a higher CAGR of 8.7% during the forecasted period. However, the availability of alternative separation techniques may hinder the growth of the European adsorption chromatography reagents market.
http://www.micromarketmonitor.com/market/europe-adsorption-chromatography-reagents-5310078659.html
Asian Adsorption Chromatography Reagents Market
The Asian adsorption chromatography reagents market is expected to grow at the highest CAGR of 13.7% during the forecasted period of 2013 to 2018. The increasing use of chromatography reagents in the rapidly-growing pharmaceutical industry, increasing investments, and focus on chromatography research are expected to drive this market. The increasing investments by leading companies for research, capacity expansion, and enhancement of geographical presence will also help the growth of the Asian adsorption chromatography reagents market during the forecasted period. However, the higher cost of certain reagents and the availability of alternative separation techniques may hamper the market growth to a certain extent. Japan holds the largest share in the Asian adsorption chromatography reagents market, and is expected to grow at a CAGR of 14.0%.
http://www.micromarketmonitor.com/market/asia-adsorption-chromatography-reagents-3586866115.html
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