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(Medical-NewsWire.com, February 15, 2019 ) According to the new market research report "Gas Chromatography Market by Instrument (Systems, Detectors), Accessories and Consumables (Columns, Column accessories, Pressure regulators, Gas generators),End user (Oil & Gas industry, Environmental agencies, Pharma & Biotech) - Global Forecast to 2022", published by MarketsandMarkets™, The global gas chromatography market is expected to reach USD 3.67 Billion by 2022 from USD 2.64 Bill ion in 2016, at a CAGR of 6.2%.
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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%. Factors such as increasing 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 are expected to drive the growth of the global gas chromatography market during the forecast period.
Owing to technological advancements, GC systems are witnessing a shift from laboratory settings to miniaturization, thus increasing their scope in production plants. Moreover, these advancements also increase the capabilities of gas chromatography in the analysis of complex compounds. For instance, the MicroGC Fusion is a small, easy to use, gas chromatograph (GC) specifically designed for gas analysis in the concentration range of low ppm to percentage levels.
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In this report, the global gas chromatography market has been segmented on the basis of instruments, accessories & consumables, end users, and regions. The instruments market is further categorized into systems, detectors, autosamplers, 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 technological advancements and increased capability of the systems to analyze complex compounds.
Prominent players in the market include Agilent Technologies, Inc. (U.S), Thermo Fisher Scientific, Inc. (U.S.), Shimadzu Corporation (Japan), and PerkinElmer, Inc. (U.S.). Product approvals and partnerships were the key strategies adopted by major players to expand their presence and strengthen their product portfolios in the market.
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