Global Gas Chromatography Market is Estimated to Grow at a CAGR of 7.2%

Date: 2015-07-20

“The global gas chromatography market is estimated to grow at a CAGR of 7.2% from 2014 to 2019. The North America market segment contributed the largest share to this market, due to the increasing number of chromatography technologies conferences and symposiums held in this region, in addition to the rise in venture capital funding in the U.S. The market in North America is followed by Europe, which is driven by a strict emphasis on drug and food safety and quality, along with increasing collaborations and agreements made among companies engaged in developing gas chromatography equipments. The Asia-Pacific region is the fastest-growing region, and is expected to grow at a CAGR of 7.7%.

The gas chromatography market is being analyzed in terms of three main segments, namely, gas chromatography reagents, gas chromatography accessories and consumables, and gas chromatography instruments, among which, the gas chromatography reagents segment contributed the largest share in the global gas chromatography market in 2014. The overall market is further sub-divided as analytical gas chromatography reagents and bio-process/preparative gas chromatography reagents. The instruments segment is further classified down to systems and types of detectors, namely flame ionization detectors, thermal conductivity detectors, electron capture detector (ECD), photo ionization detector (PID), nitrogen phosphorous detector (NPD), flame photometric detector, and mass detectors. The end-user segment is further divided into the pharmaceuticals & biotechnology, oil & gas (petrochemicals), academics, agriculture, and environmental biotechnology industries, among others.

Technological advancements, expanding pharmaceutical industry in emerging regions of the world, and increasing number of conferences are propelling the growth of the gas chromatography market. The growing demand from the petroleum, petrochemical, fine and specialty chemicals, natural gas industries has led to the growth of this end-user segment utilizing the gas chromatography techniques.

The report has profiled the leading players of this market, along with the developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) by the companies, as well as the strategies adopted by them to sustain and strengthen their position in the global gas chromatography market. The key players in the global gas chromatography market are Agilent Technologies (U.S.), Thermo Fisher Scientific Inc.,(U.S.), GE Healthcare (U.K.), Phenomenex, Inc. (U.S.)., Sigma-Aldrich Co. LLC (U.S.), Shimadzu Corporation (Japan), PerkinElmer Inc (U.S.), and W.R. Grace & Co. (U.S.)

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