Gas Chromatography Market worth $3.5 billion by 2025 – Growing Importance of Chromatography Tests in Drug Approval Process

PUNE, India, 2021-Aug-10 — /EPR Network/ —

The Key Growth Elements in Detailed?

The Growth in Gas Chromatography Market is driven by the increasing adoption of GC-MS, rising crude & shale oil production, increasing importance of wastewater treatment, rising food safety concerns, and growing use of chromatography tests in the drug approval process. However, the high cost of GC equipment, geopolitical issues prevailing in some countries, and shortage of skilled professionals are expected to restrain the growth of this market during the forecast period.

Worldwide Growth Opportunities in Terms of Revenue:

The Global Gas Chromatography Market size is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.1%.

Systems accounted for the largest market share in 2019.

Based on GC instruments, the market was divided into systems, detectors, autosamplers, and fraction collectors. The systems market is subjected to account for the largest share in the GC market. The large share of this segment can primarily be attributed to factors such as increased capability to analyze complex compounds.

The columns segment accounted for the largest share of the Gas Chromatography Market in 2019.

Based on accessories and consumables, the GC market is divided into columns, columns accessories, autosampler accessories, flow management accessories, consumables & accessories, fittings & tubing, pressure regulators, gas generators, and other accessories. The columns segment is estimated to account for the largest share of the global gas chromatography market. The large share of this segment can primarily be attributed to factors such as improved gas chromatography columns for the petroleum industry.

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Regional Growth, Development and Demand Analysis:

The North America is expected to account for the largest share of the global Gas Chromatography Market. Market growth in this region is driven primarily by the increase in R&D funding, cannabis research, market for shale oil and gas, and food and agricultural industry. On the other hand, Asia Pacific is projected to have the highest growth rate during the forecast period. The high growth rate of the region can be attributed to factors such as extensive sales generics in Japan and the development in the pharma and biotech sectors in India and China.

Major Key Players Mentioned in the research report are:

The global GC market is well established owing to the dominance of prominent market players such as Agilent Technologies, Inc. (US), ThermoFisher Scientific, Inc.  (US), Shimadzu Corporation (Japan), PerkinElmer, Inc. (US), Restek Corporation (US), Dani Instruments S.P.A. (Italy), Chromatotec (France), Merck KGAA (Germany), Leco Corporation (US), Scion Instruments (US), Phenomenex (US), GL Sciences(Japan), OI Analytical (US), Valco Company Instruments Inc.(US), Centurion Scientific (India), SRI Instruments (US), Skyray Instruments(US), E ChromTech Co. Ltd.(Taiwan), Trajan Scientific (Australia), and Falcon Analytical (US).

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Recent Developments:

• In 2019, Agilent launched  the 990 Micro GC System.  The system is designed to monitor calorific valuation and odorant levels in natural gas.  It is a compact and rugged system that may be used in laboratories
• In 2018, The University of Duisburg Essen collaborated with Agilent to utilize its gas and liquid chromatography systems and a variety of its mass spectrometry instruments to conduct improved research studies.
• In 2018, PerkinElmer acquired Shanghai Spectrum Instruments Co., Ltd. This acquisition will allow PerkinElmer to expand its customer base for analytical instruments in China.