Gas Chromatography Market will be valued at $3,605.1 Million in 2019 - New Research Report by MarketsandMarkets
(PRWEB) January 24, 2015 -- The gas chromatography market has witnessed various technological advancements in recent years, which can be attributed to market players focusing on the introduction of newer products for performing fast chromatographic procedures. These new systems are widely being used in application areas such as proteomics, genomics, and metabolomics. Through the launch of new products, a number of key players are competing against each other in order to increase their market share and expand their existing customer base, including Agilent Technologies (U.S.), Thermo Fisher Scientific, Inc. (U.S.) and Shimadzu Corporation (Japan).
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Agilent Technologies has emerged as a market leader in the gas chromatography market. The company provides a wide set of gas chromatography systems, support, and supplies. It caters to complex research, production environments, and real-time measurement requirements equally.
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The company is focusing on the development of various GC products and launched in 2013 GC/MS instruments like the Agilent 7890B gas chromatograph, and the Agilent J&W gas chromatography columns in 2012. The company also focused on collaborations, such as the partnership with Shimadzu Corporation (Japan) in 2013, collaboration with the Florida International University's Department Of Chemistry and Biochemistry (2013), and 2012 collaboration with the Centre for Omic Sciences (Spain). This enabled the company to maintain its leadership in the market.
Some other prominent strategic moves undertaken by leading players in the gas chromatography market include agreements and collaborations, and geographic expansions. Players entered into agreements and collaborations with academic research institutes to support research studies by supplying chromatography instruments. For instance, in May 2013, Agilent Technologies signed an alliance with the College of Chemistry at the University of California, Berkeley, to redesign and rebuild its chemistry and chemical engineering laboratories. The laboratory will be equipped with a comprehensive collection of Agilent's latest chromatography and molecular spectroscopy instruments and software.
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Players in this market adopted the strategy of expansion to increase their customer base, particularly in the Asian regions of China, India, and Vietnam. For instance, in May 2013, Agilent opened two new offices at Hanoi and Ho Chi Minh City, in Vietnam. The offices were equipped to provide sales, applications, and support services to the company’s customers in Vietnam. The office at Ho Chi Minh City is a Demo Center, which is equipped with bio-analytical instruments used by scientists and researchers. These expansions have resulted in increased sales and a competitive advantage to market players.
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