Global Gas Chromatography Market Will Be Valued at $3,605.1 Million in 2019 - New Report by MarketsandMarkets

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This report categorizes the market into three broad segments, namely, Instrumentation, Accessories & Consumables, and Reagents. http://www.marketsandmarkets.com/Market-Reports/gas-chromatography-market-101656773.html

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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.)

This report estimates the gas chromatography market to be valued at $2,583.6 million in 2014. Growing at a steady CAGR of 6.9%, it expects the market to reach $3,605.1 million by 2019.

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The report segments the market for gas chromatography Accessories & Consumables into Columns, Column Accessories, Auto-sampler 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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According to the report, growing importance of chromatography tests in drug approvals is likely to drive the growth of this market. Biotechnology and pharmaceutical industries are projected to be the prime users of the chromatography technique. Furthermore, the report suggests that growing funds, investments, grants from the government bodies have stimulated the usage of advanced chromatographic techniques in different industries.

According to the report, tie-ups with research laboratories and academic institutes have resulted in increased support for research. Research activities in the fields of medicine, proteomics, metabolic, and genomics are also increasing the use of chromatography instruments in these industries. Apart from that, the report also expects a number of factors such as technological advancements, new product launches, and rise in the number of conferences related to chromatography technologies to propel the growth of the chromatography instrumentation market.

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As per the report, 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. The report expects the Asian market to witness high growth during next few years. 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 this demand in Asian market.

The major players in the gas chromatography market are analyzed in this report. These companies 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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