Demand for Gas Chromatography on rise As Increasing Crude & Shale Oil Production

The growth in this gas chromatography market is driven by factors such as increase in 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 global Gas chromatography market USD 2.64 Billion in 2016.

In this report, the gas chromatography market is segmented on the basis of instruments, accessories and consumables, end users, and regions. The instruments market is segmented into systems, detectors, auto-samplers, and fraction collectors. The systems segment is projected to register the highest CAGR during the forecast period. The growth of this segment can primarily be attributed to factors such as increased capability to analyze complex compounds and technological advancements.

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On the basis of accessories and consumables, the market is segmented into columns, column accessories, auto-sampler accessories, flow management consumables & accessories, fittings & tubing, pressure regulators, gas generators, and other accessories. The columns segment is expected to be the fastest-growing of the global gas chromatography market during the forecast period. The growth of this segment can primarily be attributed to factors such as discovery of new oil fields and the availability of improved gas chromatography columns for the petroleum industry.

Gas Chromatography Market
Gas Chromatography Market

On the basis of end users, the market is segmented into oil & gas industry, environmental agencies, food & beverage industry, pharmaceutical & biotechnology companies, academic & government institutes, and cosmetic industry. The environmental agencies segment is expected to register the highest CAGR in the forecast period. Various policies and initiatives to reduce environmental pollution levels and the increasing importance of waste water treatment are the major factors driving the growth of this end-user segment.

On the basis of regions, the market is segmented into North America, Europe, Asia-Pacific, and the RoW. Of these, North America accounted for the largest market share in 2016. Factors such as 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 growing food testing industries are driving the growth of the North American gas chromatography market.

Major players in this gas chromatography 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).

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 growth in this market is driven by factors such as increase in 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.

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