The Gas Chromatography Market is expected to witness significant growth in the coming years, owing to its wide usage in the pharmaceutical and food industries. Gas chromatography is a method used to separate and analyze a mixture of liquids, gases, and solids. It is used in a variety of industries such as pharmaceuticals, food and beverage, environmental, and chemical processing.
Now valued at US$ 2.1 billion, the global market for gas chromatography is expected to grow to US$ 3.7 billion by the end of 2032. Over the next 10 years, sales of gas chromatography machines are anticipated to grow at a constant 5.8% CAGR.
Gas Chromatography Market Outlook
The global gas chromatography market is driven by the increasing demand for high-quality analysis of complex samples. Moreover, the rising awareness of the advantages of gas chromatography over other analytical techniques is also contributing to the market growth. The growing demand for automated and reliable gas chromatography systems from various industries is also contributing to the growth of the market. Additionally, the growing demand for high-precision analysis of multiple compounds in a single sample is driving the market growth.
The gas chromatography market is divided into two segments based on technology, namely, Gas Chromatography-Mass Spectrometry (GC-MS) and Gas Chromatography-Infrared Spectroscopy (GC-IR). The GC-MS segment is expected to account for a significant market share due to the increasing demand for advanced analytics from the pharmaceutical and food and beverage industries. Additionally, the rising demand for automated and reliable gas chromatographs from the environmental and chemical processing industries is also driving the segment’s growth.
Key Companies Profiled
- Agilent Technologies
- DANI Instruments S.p.A
- Thermo Fisher Scientific Inc.
- Merck KGaA
- Restek Corporation
- Shimadzu Corporation
- LECO Corporation
- Perkin Elmer Inc.
- Danaher Corporation
The major regions covered in the global gas chromatography market report include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market due to the presence of well-established pharmaceutical, food and beverage, and environmental industries in the region. Additionally, the presence of leading players in the region is also contributing to the market growth.
Why is Micro Gas Chromatography Gaining Popularity?
A scaled-down variation of traditional gas chromatography, known as micro gas chromatography, uses less energy and has higher operational efficacy. Companies that are embracing small-sized instruments to save large expenses and space are predicted to lead the demand for micro gas chromatography systems. Through 2032, it is anticipated that the aforementioned factor will boost sales of portable gas chromatography equipment.
Other aspects that are anticipated to boost its demand over the course of the forecast period include its high level of accuracy and precision, dependability in operation, and the small amount of gas required for micro gas chromatography.
Why Do Suppliers of Gas Chromatography Prefer Investing in the U.S.?
The prevalence of chronic diseases has significantly increased in the United States, and an ageing population is another reason that is boosting demand for research in the healthcare industry. Gas chromatography market potential in the nation is anticipated to increase with increased usage of gas chromatography techniques in drug discovery and development, which is also projected to benefit gas chromatography device makers.
The country’s expanding use of gas chromatography for food testing and emission monitoring is also predicted to expand business opportunities for both major and minor gas chromatography market participants over the course of the projection year.
In conclusion, the gas chromatography market is expected to witness significant growth in the coming years, owing to its wide usage in the pharmaceutical and food industries. The rising demand for automated and reliable gas chromatographs from various industries is expected to drive the market growth. Additionally, the increasing awareness of the advantages of gas chromatography over other analytical techniques is also contributing to the market growth. The key players operating in the gas chromatography market are focusing on strategies such as acquisitions, collaborations, and partnerships to increase their market share.