Gas chromatography instruments are equipped with advanced features and functionalities and thus are priced at a premium. The cost of a new instrument differs as per the applications.
The global gas chromatography marketis expected to reach USD 3761.0 million by 2022 from USD 2647.0 million in 2017, at a CAGR of 6.2%. The major drivers for the market include increasing crude & shale oil production, increasing importance of wastewater treatment, rise in adoption of GC-MS, initiatives to reduce environmental pollution levels, growing food safety concerns and the increased importance of chromatography tests in drugs.
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The Gas Chromatography Market is Segmented on:
1. Instrument
2. Accessories and Consumables
3. End user
By instrument, the systems segment is expected to grow at the highest growth rate during the forecast period
By instrument the market is segmented into systems, detectors, autosamplers, and fraction collectors. The systems segment is growing at the highest CAGR during the forecast period. The high growth of this segment can primarily be attributed to factors such as widespread use of systems to analyze complex compounds.
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Regional Analysis:
The geographic segments in this report include North America, Europe, Asia-Pacific, and RoW. Of these, the North American segment is expected to account for the largest share of the market in 2017. This large share can primarily be attributed to the increase in 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 growing food testing industries.
Key Players:
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).
