MicroMarket Monitor: Super Critical Fluid Chromatography (Reagents) Market Worth 300 Million by 2018
(PRWEB) June 12, 2014 -- The overall supercritical fluid chromatography (SFC) market is poised to witness a growth of 12% from 2013 to 2018. The market is witnessing a number of technological advancements due to which various new products are launched in the market. The emergence of green chromatography has opened an array of opportunities for the development of eco-friendly reagents. Green chromatography is developing in order to decrease the harm of hazardous chemicals to the environment.
Browse through the market data tables, figures and detailed ToC on the “Supercritical Fluid Chromatography Market”.
North American Supercritical Fluid Chromatography Market
North America is the largest market for supercritical fluid chromatography reagents, which is expected to grow at a CAGR of 10.7% from 2013 to 2018. The demand for SFC chromatography reagents is anticipated to increase due to the augmented research activities for the development of drugs and biologics and government investments. In addition, a large number of conferences and discussions on chromatography are organized by societies and organizations in the U.S. to increase awareness about new technologies and developments in this market, and discuss new areas of innovation, which, in turn, stimulates research and development activities.
European Supercritical Fluid Chromatography Market
Globally, Europe is the second-largest market for SFC reagents, which is expected to grow at a CAGR of 10.4% from 2013 to 2018. The demand for the SFC chromatography reagents is anticipated to increase due to the investments made by chromatography companies, mergers, and acquisitions. Furthermore, production facility expansion by chromatography companies to cater to the growing need of chromatography users is another factor which is likely to drive the European SFC chromatography reagents market in the coming years. However, the economic slowdown and high presence of alternative techniques is hindering the growth of the market.
Asian Supercritical Fluid Chromatography Market
Asia is the fastest-growing market for supercritical fluid chromatography reagents, which is expected to grow at a CAGR of 15.5% from 2013 to 2018. The demand for these reagents is anticipated to rise due to the increasing number of partnerships among chromatography companies, meetings and conferences dedicated to chromatography. Furthermore, expansion of chromatography firms in Singapore, Malaysia, and Vietnam, and the growing pharmaceutical and biotechnology markets in countries like India and China are propelling the growth of the supercritical fluid chromatography reagents market.
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