The Global Market for Gas Chromatography Systems is Projected to Reach US$2.4 Billion by 2024

Growing Investments in R&D and Stringent Regulations to Drive the Global Market for Gas Chromatography Systems, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market size, share and demand forecasts on the global Gas Chromatography Systems market. The global market for Gas Chromatography Systems is projected to reach US$2.4 billion by 2024, driven by rising investments in R&D, stringent regulations and expanding applications supported by smart technological advances. 

Gas chromatography is an analytical technique and a type of chromatography, employed in separating components of a chemical mixture or compounds capable of being vaporized for detection - using an inert carrier gas mobile as the phase. The technology finds use in a wide range of applications and sectors, with most demand in the pharmaceutical and chemical sectors. Increasing private and public investments in research across diverse areas, stringent government regulations, growing applications, expansion in emerging markets and technological advances among others are the factors fueling growth in the market. In the pharmaceutical/biotechnology sector, increasing focus on developing effective drugs is creating demand for advanced gas chromatographs, while growing stringency in quality and safety aspects supports adoption in agriculture and food and beverage industry. Increasing sensitivity to environmental issues and launch of various monitoring programs are driving demand for gas chromatographs environmental monitoring, where they are employed to detect contamination. Besides, aging of installed chromatographs in markets such as the US and increasing focus to expand target applications are also likely to infuse growth into the market.  

Miniaturization is a key trend catching up in the market, as focus grows on developing miniaturized systems that occupy less space and enable carrying the system to the area where sample is prepared. Increasingly, manufactures are developing portable systems for designated applications, expanding the scope for gas chromatography. Continuous improvements in technology are a major force behind innovations, which are also contributing to market growth. New products with relative ease of operation and lower resource use are enabling even personnel with minimal skills to operate them, addressing one of the major concerns of shortage in skilled personnel. Technological developments are also underway in GC columns and GC detectors that are resulting in considerable innovations in gas chromatography, thereby expanding applications and in turn adoption. On the flip side, factors such as high system costs, dearth in skilled personnel and infringement of certain GC applications by liquid chromatography are restraining market growth.      

As stated by the new market research report on Gas Chromatography Systems, the United States represents the largest market worldwide, driven by increasing adoption of advanced gas chromatography technologies particularly in pharmaceutical, life science and biotech sectors; and growing funding and investments for research in private as well as public sectors. Asia-Pacific ranks as the fastest growing market with a CAGR of 7.5% through the analysis period led by rapid industrialization and the ensuing huge demand for GCs primarily among petroleum, petrochemical, fine and specialty chemical industries; shift in pharmaceutical research and manufacturing to low cost Asia countries. Chemical & Pharmaceuticals represents the largest end-use segment, wherein gas chromatography systems are used for process control and monitoring, chemical/compound identification and composition analysis.

Major players in the market include Agilent Technologies Inc., Bio-Rad Laboratories Inc., DANI Instruments SPA, GL Sciences Inc., JEOL USA Inc., O.I.Corporation, PAC L.P., PerkinElmer Inc., SGE Analytical Science Pty. Ltd., Shimadzu Corp., SRI Instruments, Thermo Fisher Scientific Inc. and Yokogawa Electric Corporation.

The research report titled “Gas Chromatography Systems: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for Gas Chromatography Systems in value terms for all major geographic markets such as United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East & Africa, and Latin America (Brazil and Rest of Latin America). Global and regional market analytics are further analyzed by the following product end-use segments: Chemical & Pharmaceutical, Clinical Labs, Environmental Labs, Petrochemical, Agriculture and Food & Beverage, Academic & Research, and Others. The report further analyzes the global Gas Chromatography Systems market by segments: Laboratory Gas Chromatography and Process Gas Chromatography.


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