According to the new market research report “Gas Chromatography Market by Instrument (Systems, Detectors), Accessories and Consumables (Columns, Column accessories, Pressure regulators, Gas generators),End user (Oil & Gas industry, Environmental agencies, Pharma & Biotech) – Global Forecast to 2022″, published by MarketsandMarkets™, The global gas chromatography market is expected to reach USD 3.67 Billion by 2022 from USD 2.64 Billion in 2016, at a CAGR of 6.2%.
The global gas chromatography market is expected to reach USD 3.67 Billion by 2022 from USD 2.64 Billion in 2016, at a CAGR of 6.2%. Growth in this market can be attributed to the increasing crude & shale oil production, increasing importance of waste water treatment, rising adoption of GC-MS, initiatives to reduce environmental pollution levels, growing food safety concerns, and increased importance of chromatography in drug testing.
The gas chromatography market is segmented on the basis of instruments, accessories and consumables, end users, and regions. The instruments market is further categorized into systems, detectors, autosamplers, and fraction collectors. The systems segment accounted for the largest share of the global gas chromatography market in 2016. The large share of this segment can primarily be attributed to factors such as technological advancements and the increased capability of the systems to analyze complex compounds.
The gas chromatography market in North America is expected to grow at the fastest CAGR during the forecast period. The increase in the U.S. shale gas production, growing funding for environmental testing and clean-up in Canada, increasing funding for R&D activities in healthcare & environmental industries, and growth in food testing industries are driving the growth of this region.
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Key players in this market include Agilent Technologies, Inc. (U.S), Thermo Fisher Scientific, Inc. (U.S), Shimadzu Corporation (Japan), PerkinElmer, Inc. (U.S), Danaher Corporation (U.S), Scion instruments (Techcomp USA Inc.), Leco corporation (U.S), Merck KgaA (Germany), Falcon Analytical Systems &Technology, LLC (U.S), Restek Corporation (U.S), Dani Instruments S.P.A. (Italy) and Chromatotec (France). These players are increasingly undertaking mergers and acquisitions, and product launches to develop and introduce new technologies and products in the market.
