[Exclusive 200 Pages Report] : The global gas chromatography market size was US$ 1.7 billion in 2021. The global gas chromatography market is expected to grow to US$ 2.8 billion by 2030 by registering a compound annual growth rate (CAGR) of 6.5% during the study period from 2022 to 2030.
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The technique of gas chromatography (GC) is used to separate extremely complex mixtures, typically using variations in boiling point/vapor pressure and polarity. It is a method used for selectively dividing the stationary phase and mobile phase inside a column, followed by the successive elution of separated components, to separate, identify, and quantify the components of a mixture of organic molecules.
COVID-19 Impact Analysis
The COVID-19 pandemic positively affected the global gas chromatography market due to the growth in the demand for novel therapies, vaccines, and diagnostic tools. As a result, research activities increased significantly, which presented lucrative growth opportunities for the gas chromatography market during the analysis period. Workflows in the medical community have been hampered by the COVID-19 epidemic in different parts of the world. A number of companies, including some parts of the health care industry, have been forced to temporarily close their doors as a result of the sickness.
Factors Influencing the Market
The wide applications of gas chromatography in various fields such as pharmaceutical industries, chemical & food industry, environmental testing laboratories, and forensic science will fuel the growth of the
In addition, the surge in popularity of hyphenated chromatography techniques such as GC-MS further boost the growth of the gas chromatography market during the analysis period.
Additionally, growing efforts in the advancement of gas chromatography columns for petrochemical applications will be opportunistic for the gas chromatography market during the analysis period. Additionally, the new drug development in the pharmaceutical and biopharmaceutical sector is growing at a rapid pace due to the growing prevalence of diseases. Therefore, it will contribute to the growth of the gas chromatography market during the analysis period.
However, the high cost of gas chromatography equipment may limit the growth of the global market during the analysis period.
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Regional Analysis
North America garnered the largest share in the gas chromatography market in 2021 and is expected to hold the same place during the study period, owing to the high healthcare expenditure and the region being the prominent pioneer in the advancements in the medical industry. North America is also home to some of the prominent industry players thriving in the market, which include LECO Corporation, Agilent Technologies, Bruker Corporation, etc. Thus, the efforts by the industry players will escalate the market growth.
Asia-Pacific gas chromatography market is expected to witness profitable opportunities due to the improving healthcare infrastructure, growing disposable incomes, and the strong foothold of various industry players.
Competitors in the Market
Agilent Technologies
Bruker Corporation
Danaher Corporation (Phenomenex)
Merck KGAA
PerkinElmer, Inc.
Bruker Corporation
Shimadzu Corporation
Thermo Fisher Scientific, Inc.
Leco Corporation
SRI Instrument
Other Prominent Players
Market Segmentation
The global gas chromatography market segmentation focuses on End-User, Products, and Region.
By End-User
Pharmaceutical & Biotechnology Company
Academic & Research Institutes
Food & Beverage Company
Others
By Product
Instruments
Consumables & Accessories
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By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Key questions answered in the global market report are:
— How does a global company acquire markets?
— What are its core strategies and policies?
— What factors will influence the chemical market over the forecast period?
— What are the factors driving and restraining the market?
— What are the leading competitors in the global market?
— Which region is growing at a higher pace in the global market?
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