Gas Chromatography Market Is Expected to Reach $3.2 Billion by 2031: AMR

Increase in the adoption of gas chromatography techniques in drug discovery process, surge in popularity of hyphenated chromatography techniques, and extensive applications of gas chromatography in various fields such as pharmaceutical industries, chemical & food industry, environmental testing laboratories, and forensic science are expected to drive the growth of the global gas chromatography market. By region, the Asia-Pacific region is expected to cite the fastest CAGR by 2030.

/EIN News/ -- Portland, OR, June 28, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global gas chromatography market generated $1.7 billion in 2021, and is projected to reach $3.2 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Increase in the adoption of gas chromatography techniques in drug discovery process, surge in popularity of hyphenated chromatography techniques, and extensive applications of gas chromatography in various fields such as pharmaceutical industries, chemical & food industry, environmental testing laboratories, and forensic science are expected to drive the growth of the global gas chromatography market. On the other hand, high cost of gas chromatography equipment is expected to hinder the growth to some extent. However, persistent advancements in gas chromatography columns for petrochemical applications are expected to create remarkable opportunities for the industry.

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COVID-19 Scenario

• The outbreak of COVID-19 has had a positive impact on the growth of the global gas chromatography market, owing to the rapid spread of infections in various countries across the globe.
• Numerous researchers made effective use of chromatography technologies to understand the SARS-CoV-2 virus and develop improved therapies, vaccines, and diagnostic tools to aid in the fight against the COVID-19 pandemic.
• Thus, the demand for gas chromatography surged significantly, positively impacting the market.

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The report offers a detailed segmentation on the global gas chromatography market based on product, end-user, and region.

Based on product, the consumables and accessories segment held the largest market share in 2021, garnering nearly three-fourths of the global market. In addition, the same segment is predicted to cite the fastest CAGR of 6.3% during the forecast period. Other segment analyzed in the report include instruments.

Based on end-user, the pharmaceutical and biotechnology company segment held the majority market share in 2021, holding more than two-fifths of the global market. Other segments analyzed in the report include academic & research institutes, food & beverage company, and others.

Based on region, the market across North America held the lion’s share in 2021, garnering more than one-third of the global market. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 7.4% during the forecast period.

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The key players analyzed in the global gas chromatography market report include Agilent Technologies, Bruker Corporation, Danaher Corporation (Phenomenex), Merck KGAA, PerkinElmer, Inc., Restek Corporation, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Leco Corporation, and SRI Instrument.

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“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.”

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