Gas Chromatography Systems: A Global Strategic Business Report
San Jose, CA (PRWEB) March 11, 2008
Growing awareness of health hazards caused by commonly used chemicals in consumer products, such as, PBDEs (polybrominated diphenyl ethers), a potentially toxic flame retardant chemical, is leading to increased use of gas chromatography (GC) systems in testing household consumer products such as clothing, carpets, and furniture. The trend is especially pronounced in the European Union, and the United States where imposition of stringent restrictions are underway. Also driving growth is proliferation of new applications especially in biotechnology and pharmaceutical sectors. GC testing along with other techniques such as liquid chromatography, and mass spectrometry, are finding mainstream applications in the pharmaceutical drugs industry. Environmental testing, as an application area, is expected to offer lucrative growth opportunities in countries sensitive to environmental issues, such as Japan, the United States, and Western Europe. Food safety testing also represents another end-use market, which is gaining immense prominence given the liberalization of global trade, and the resultant establishment of mandated standards and regulations for quality, and health.
Growing demand for gas chromatography systems in the field of petrochemical, environmental, food, chemical & pharmaceutical testing is helping widen the growth prospects of the market. As stated by the recent report published by Global Industry Analysts, Inc., global sales of gas chromatography systems are projected to reach 46,700 units by 2010. Driving volume gains in the world gas chromatography systems market are Asia-Pacific and Latin America, each flaunting the potential to wax at a projected CAGR of 4.8%, and 4.6% respectively over the years 2000 through 2010. In the chemical & pharmaceutical end-use market worldwide, sales of gas chromatography systems are expected to rise by US$36.16 million between the period 2007 to 2010, with Asia-Pacific leading growth. In the clinical end-use market, Europe and the United States, together, dominate the market with a combined share of 74% estimated for the year 2006. In the petrochemical applications market, Middle East, Asia-Pacific, and Latin America are expected to offer optimum business opportunities, with sales in these markets, together, forecast to rise by US$3.89 million between the period 2007 to 2010. In Europe, and Japan, environmental, food and beverage testing, together, are projected to generate demand for gas chromatography systems to the tune of US$203.15 million by the year 2010.
Leading global and regional players operating in the industry include Agilent Technologies, PerkinElmer Inc, Varian Inc., Shimadzu Scientific Instruments, OI Corporation, DyChrom, DANI Instruments SPA, Bio-Rad Laboratories Inc., and SGE Analytical Science Pty. Ltd among others.
The report titled "Gas Chromatography Systems: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, issues, and challenges. Richly annotated with authoritative, and unbiased commentaries, and hard-to-find statistical facts, the report provides unequivocal views on future potential while throwing light on the prevailing climate in key end-use application markets. End-use markets analyzed in the report include Chemical & Pharmaceutical, Clinical, Environmental, Petrochemicals, Food & Beverage, and Research. Latent demand patterns are quantified across major geographic market verticals including the United States, Canada, Japan, France, Germany, United Kingdom, Italy, Spain, Russia, Asia-Pacific, Middle East and Latin America. Also provided in the report is an enumeration of recent mergers, acquisitions, and other strategic industry activities. Market size estimates are presented over the years 2000 through 2010, while long-term projections are provided for the years 2011-2015.
For more details about this research report, please visit http://www.strategyr.com/Gas_Chromatography_Systems_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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