Gas Chromatography Market Research, 2031
The global gas chromatography market was valued at $1.7 billion in 2021, and is projected to reach $3.2 billion by 2031, growing at a CAGR of 6.1% from 2022 to 2031. Gas chromatography (GC) is a separation technique capable of separating highly complex mixtures based primarily upon differences of boiling point/ vapor pressure and of polarity. It is a technique applied for separation, identification, and quantification of components of a mixture of organic compounds by selective partitioning between the stationary phase and mobile phase inside a column followed by sequential elution of separated components. The technique is suitable for separation of compounds having following characteristics such as high volatility, thermal stability, and low molecular weights.
Growth in applications of gas chromatography in various fields such as pharmaceutical industries, chemical & food industry, environmental testing laboratories, and forensic science as well as rise in adoption of gas chromatography techniques in drug discovery process are some factors that drive the gas chromatography market size. In addition, surge in popularity of hyphenated chromatography techniques such as GC-MS further boost the growth of the gas chromatography market size. However, high cost of gas chromatography equipment and shortage of skilled professionals to operate gas chromatography instruments are some factors that may hamper the growth of the market. On the contrary, advancement in gas chromatography columns for petrochemical applications creates an gas chromatography market opportunity.
The outbreak of COVID-19 has disrupted workflows in the health care sector around the world. The disease has forced a number of industries to shut their doors temporarily, including several sub-domains of health care. The gas chromatography industry is also facing a period of short-term negative growth in 2020, which can be attributed to factors such as a decline in the product demand from major end-users, limited operations in most of the industries, inadequate funding to research & academic institutes, temporary closure of major academic institutes, disrupted supply chain, and challenges in terms of providing essential/post-sales services. However, the pandemic is not estimated to have long-term effects on the fundamental growth drivers in the gas chromatography products market.
With many pharmaceutical and biopharmaceutical companies focusing on new drug development to combat the pandemic, the growth of the gas chromatography market is expected to augment considerably during the forecast period.
Chromatography is a powerful laboratory-based analytical method that is being employed by researchers as the scientific community strives to understand the Sars-CoV-2 virus and develop better therapies, vaccines, and diagnostic tools to aid in the fight against the COVID-19 pandemic. For instance, in a study published in Journal of National Library of Medicine, diagnosis of COVID-19 is done by exhaled breath analysis using gas chromatography–mass spectrometry. In addition, according to study published in Journal EClinicalMedicine in October 2020, diagnosis of COVID-19 is done by analysis of breath with gas chromatography-ion mobility spectrometry. Thus, various application of gas chromatography for diagnosis of COVID has positive effect on gas chromatography market growth during pandemic.
Gas Chromatography Market Segmentation
The gas chromatography market is segmented on the basis of product, end user, and region to provide a detailed assessment of the market. By product, the market is segmented into instruments and consumables & accessories. Instrument segment is further sub-segmented into system, detectors, autosamplers, and fraction collectors. In addition, consumable & accessories segment is again classified into columns and accessories, fittings & tubing, auto-sampler accessories, flow management & pressure regulator accessories, and others include pressure regulators, gas generators, and gas purifiers.
By end user, it is categorized into pharmaceutical & biotechnology company, academic & research institutes, food & beverage company, and others, which include oil & gas company, environmental agencies, and life sciences company. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
On the basis of product, it is segmented into instruments and consumables & accessories. Instrument segment further sub-segmented into system, detectors, autosamplers, and fraction collectors. In addition, consumable & accessories segment again classified into columns and accessories, fittings and tubing, auto-sampler accessories, flow management and pressure regulator accessories, and others include pressure regulators, gas generators, and gas purifiers. The consumable & accessories segment dominated the global gas chromatography market share in 2021 and is anticipated to continue this trend during the forecast period. This is attributed to their limited durability as well as growth in adoption of consumables & accessories to separate, identify, and analyze various compounds such as vitamins, preservatives, additives, proteins, and amino acids in the pharmaceutical industry.By end user, it is classified into pharmaceutical & biotechnology company, academic & research institutes, food & beverage company, and others that include oil & gas company and environmental agencies. The pharmaceutical & biotechnology company held the largest market share in 2021 and is expected to remain dominant throughout the forecast period owing to increase in application of gas chromatography techniques by pharmaceutical & biotechnology companies for various purposes such as for identifying and analyzing samples for the presence of chemicals or trace elements, for preparing huge quantities of extremely pure materials, for separating chiral compounds, for detecting the purity of mixture and the unknown compounds present, as well as content uniformity, drug development, and validation of drugs.
By End User
The Pharmaceutical & Biotechnology Company segment dominated the global market in 2021 and is anticipated to continue this trend during the forecast period.
By Region, North America accounted for the largest share of the global gas chromatography market in 2021, and is expected to remain dominant throughout the forecast period. This was attributed to the presence of giant biopharmaceutical and pharmaceutical firms in the countries such as the U.S. In addition, increase in adoption of gas chromatographic techniques for drug discoveries and drug approvals by this biopharmaceutical and pharmaceutical firms further drive the market growth in the region during the forecast period.
Snapshot of the Asia-Pacific Gas Chromatography Market
Asia-Pacific offers profitable opportunities for key players operating in the gas chromatography market, thereby registering the fastest growth rate during the gas chromatography market forecast, owing to growth in healthcare infrastructure, rise in disposable incomes, and well-established presence of domestic companies in the region. In addition, investments in biomedical industries in Asia-Pacific is also a key factor that fuels the growth of the global gas chromatography market. Thus, surge in government support and affiliated agencies is projected to boost the gas chromatography market in the region.
The key market players profiled in the report include Agilent Technologies, Bruker Corporation, Danaher Corporation (Phenomenex), Merck KGAA, PerkinElmer, Inc., Restek Corporation, Shimadzu Corporation, Thermo Fisher Scientific, Inc., Leco Corporation and SRI Instrument.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the gas chromatography market analysis from 2021 to 2031 to identify the prevailing gas chromatography market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the gas chromatography market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global gas chromatography market trends, key players, market segments, application areas, and market growth strategies.
Gas Chromatography Market Report Highlights
By END USER
Key Market Players
Merck KGaA., Restek Corporation, PerkinElmer Inc., Shimadzu Corporation, Bruker Corporation, SRI Instrument, Leco Corporation, Thermo Fisher Scientific Inc., Agilent Technologies, Danaher Corporation(Phenomenex)
Gas chromatography (GC) is an analytical technique used to separate and analyze samples that can be vaporized without thermal decomposition. Gas chromatography is also known as gas-liquid partition chromatography (GLPC) or vapor-phase chromatography (VPC). The instrument that performs gas chromatography is called a gas chromatograph. The resulting graph that shows the data is called a gas chromatogram. GC is used as one test to help identify components of a liquid mixture and determine their relative concentration. It is used to separate and purify components of a mixture. In addition, it determines vapor pressure, heat of solution, and activity coefficients. Gas chromatography can test blood alcohol, drug purity, food purity, and essential oil quality. Organic or inorganic analytes can be tested by gas chromatography; however, the sample must be volatile. The boiling temperatures of the constituents in a sample should ideally differ.
Increase in applications of gas chromatography in various fields such as pharmaceutical industries, chemical, and food industry, environmental testing laboratories, forensic science as well as growth in adoption of chromatography techniques in drug discovery process are principle driving factors, which boost the growth of the gas chromatography market. In addition, growth in popularity of hyphenated chromatography techniques such as GC-MS further fuel growth of the chromatography market.
However, high cost of gas chromatography equipment and shortage of skilled professionals to operate gas chromatography instruments are some key challenges that hinder the growth of the market. On the contrary, advancement in gas chromatography columns for petrochemical applications creates an opportunity for the manufacturers to tap and capitalize on the market.