LONDON, Sept. 24, 2018 /PRNewswire/ --
The 2D chromatography market is projected to grow at a CAGR of
7.5%.
The global 2D chromatography market is projected to reach
USD 42.4 million by 2023 from an
estimated USD 29.6 million in 2018,
at a CAGR of 7.5% during the forecast period. Factors such as
rising food safety concerns, R&D investments by pharma
companies and government support, initiatives to reduce
environmental pollution, and growing petroleum industry are driving
the growth of this market. However, the high cost of the 2D
chromatography systems is expected to restrain market growth during
the forecast period.
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In 2018, the 2D gas chromatography segment is expected to
account for the largest share of the global 2D chromatography
market.
On the basis of type, the 2D chromatography market is segmented
into 2D gas chromatography and 2D liquid chromatography.In 2018,
the 2D gas chromatography segment is expected to account for the
largest share of the global 2D chromatography market.
The large share of this segment is attributed to rapid growth in
the production of crude oil. 2D gas chromatography is further
segmented into 2D GC instruments, 2D GC consumables, and 2D GC
accessories.
By application, the life science research segment is expected
to grow at the highest CAGR during the forecast period.
On the basis of application, the market is categorized into life
science research, environmental analysis, food and beverage
testing, petrochemical and natural gas analysis, and other
applications.The life science research segment is expected to grow
at the highest CAGR during the forecast period.
The life science research segment is further segmented into
pharmaceutical & biopharmaceutical applications and
biotechnology applications.
North America to witness the
highest growth during the forecast period.
North America is expected to
witness the highest growth from 2018 to 2023. This growth can be
attributed to the increasing funding for R&D activities in
pharmaceutical industries, the growing oil & gas industry in
the US, rising food safety concerns, government initiatives to
improve laboratory infrastructure, and government investments for
environmental protection in Canada.
The breakup of primary participants was:
• By Company Type – Tier 1–54%, Tier 2–34% and Tier 3–12%
• By Designation – C-level–31%, Director Level–19%, Others–50%
• By Region – North America–46%, Europe–25%, Asia Pacific–18%,
RoW–11%
The key players in the global 2D chromatography market are
Agilent Technologies (US), LECO
(US), Waters (US), Shimadzu (Japan), Restek (US), SepSolve Analytical (UK),
Merck (Germany), Danaher (US),
Bio-Rad Laboratories (US), and Thermo Fisher Scientific
(US).
Research Coverage:
The report analyzes the 2D chromatography market and aims at
estimating the market size and the future growth potential of this
market based on various segments such as product, application, and
region. The report also includes competitive analysis of the key
players in this market along with their company profiles, product
offerings, recent developments, and key market strategies.
Reasons to Buy the Report
The report can help established firms as well as new
entrants/smaller firms to gauge the pulse of the market, which
would help them garner a greater market share. Firms purchasing the
report could use one, or any combination of the below mentioned
five strategies.
This report provides insights into the following
pointers:
• Market Penetration: Comprehensive information on the product
portfolios of the top players in the 2D chromatography market. The
report analyzes the market based on product, application, and
region
• Product Development/Innovation: Detailed insights on upcoming
technologies, research and development activities, and product
launches in the 2D chromatography market
• Market Development: Comprehensive information about lucrative
emerging markets. The report analyzes the markets for various 2D
chromatography across regions
• Market Diversification: Exhaustive information about products,
untapped regions, recent developments, and investments in the 2D
chromatography market
• Competitive Assessment: In-depth assessment of market shares,
strategies, products, distribution networks, and manufacturing
capabilities of the leading players in the 2D chromatography
market
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