Global Chromatography Reagent Market

Chromatography Reagent Market Size, Share, Growth Analysis, By Type(Solvents, buffers, derivatization reagents, Ion Pair reagents.), By Technology(Gas chromatography (GC), liquid chromatography (LC), Supercritical Fluid C(SFC), thin layer chromatography (TLC)), By Separation Mechanism(Adsorption Chromatography, Partition Chromatography, Ion-Exchange Chromatography, Size-Exclusion Chromatography), By End users(Pharmaceutical, Biopharmaceutical and biotech companies, Clinics and hospitals, Cosmetics companies), By Region - Industry Forecast 2024-2031


Report ID: SQMIG15E2121 | Region: Global | Published Date: July, 2024
Pages: 211 | Tables: 126 | Figures: 76

Chromatography Reagent Market Insights

Chromatography Reagent Market size was valued at USD 5821.08 million in 2019 and is poised to grow from USD 6213.71 million in 2023 to USD 10361.15 million by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

Increasing investments in R&D for the pharmaceutical and biotechnology industry are influenced the market growth. Increasing importance of chromatography tests for drug approvals is also responsible for the growth of the market. Growing use of chromatography in proteomics and genomics benefits major players in emerging countries. The technique uses chromatography reagents to measure purity of the drug.

Also, chromatography technique is used in the food and beverage industries, and the cosmetic industry. The technique is used in pharmaceutical industry for identifying and analyzing samples for the presence of chemicals or trace elements, separating chiral compounds and detecting mixture purity. It is utilized for preparing large quantities of extremely pure materials. These varieties used in pharmaceutical and cosmetics industry are influencing the demand for chromatography reagents.

US Chromatography Reagent Market is poised to grow at a sustainable CAGR for the next forecast year.

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Chromatography Reagent Market size was valued at USD 5821.08 million in 2019 and is poised to grow from USD 6213.71 million in 2023 to USD 10361.15 million by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

Chromatography Reagent Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Thermo Fisher Scientific Inc.', 'Merck KGaA', 'Agilent Technologies Inc.', 'Waters Corporation', 'GE Healthcare', 'Bio-Rad Laboratories Inc.', 'Shimadzu Corporation', 'Sigma-Aldrich Corporation', 'PerkinElmer Inc.', 'Restek Corporation', 'Regis Technologies Inc.', 'Avantor Inc.', 'TOSOH Corporation', 'W.R. Grace & Co.', 'Loba Chemie Pvt. Ltd.', 'EMD Millipore Corporation', 'Macherey-Nagel GmbH & Co. KG', 'Kanto Chemical Co. Inc.', 'Hamilton Company'

Drugs are beneficial in treating various cancer and the increasing number of patient are driving demand for drugs that positively impact the market. Pharmaceutical and biotechnology companies are increasingly adopting these technologies for protein separation and identification during drug discovery and development.

Chromatography has become the preferred separation technique in the field of proteomics and is emerging trend for market growth. In pharmaceutical industry chromatography is used in very large quantities for various tasks, such as identifying and analyzing samples for the presence of chemicals or trace elements, preparing large quantities of extremely pure materials, separating chiral compounds, detecting mixture purity and unknown compounds, and drug development which is increased the used of various type of chromatography reagents in the market.

The North American region dominated the market in 2021, due to increased adoption of chromatography techniques in the food and beverage and pharmaceutical industries, which are increased the demand for chromatography reagents in the region. United States is the leading North America market. Increasing number of R&D and drug discovery activities in the region is driving the market growth. Rising investments in genomics R&D is driving the market in the coming years.

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Global Chromatography Reagent Market

Report ID: SQMIG15E2121

$5,300
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