Global Chromatography Solvents Market, By Type (Polar, Non Polar), By Technology (LCMS, HPLC, UHPLC), By Application (Analytical Chromatography, Preparative Chromatography), By End-User (Pharmaceutical, Biotechnology Industry, Academics and Research, Environmental, Cosmetic Industry, Food and Beverage), By Geography (North America, Europe, APAC, Latin America, Rest of the World) – Industry Trends and Forecast to 2024
Global Chromatography Solvents Market is expected to reach USD 3.56 billion by 2024 from USD 1.70 billion in 2016, at a CAGR of 9.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Some of the major players operating in this market are
- Avantor Performance Materials
- Tedia Company, Inc.
- Regis Technologies, Inc.
- Thermo Fisher Scientific, Inc.
- VWR International
- Qualikems Fine Chem Pvt. Ltd.
- Among others.
Increasing use of Chromatography in Proteomics
The proteomics market is growing due to factors such as the development of technologies that bridge the gap between genome sequence and cellular behavior, increasing R&D expenditure in the proteomics market, and increasing purchasing power of major research institutes due to the availability of funds from various organizations. Affinity chromatography is a powerful protein separation method that is based on the specific interaction between immobilized ligands and target proteins. It is considered to be the most selective chromatography technique to give the purest results and therefore is used in completing the protein purification process.
BOON FOR LIFE SCIENCES
For many diseases, catching and treating the disease in its early stage offers the optimal chance for a positive outcome. Some cancers can take months or years to appear, a time during which the disease may spread and significantly alter the prognosis and treatment. Among cancers specific to women, ovarian cancer is the leading cause of death in the U.S., according to the Ovarian Cancer National Alliance. More than 22,000 new cases of ovarian cancer are diagnosed annually. Ovarian cancer is often diagnosed in late stages, due to vague symptoms that mimic gastrointestinal disorders.
Market Segmentation : Global Chromatography Solvents Market
The global chromatography solvents market is segmented on the basis of product type, technology, application, end user and geography.
On the basis of product type, the global chromatography solvents market is segmented into polar solvents and non- polar solvents. In 2017, polar solvents segment is expected to dominate the global chromatography solvents market and is expected to continue this trend till 2024.
On the basis of technology, the global chromatography solvents market is segmented into LCMS, HPLC, UPLC and GCMS. In 2017, LCMS segment is expected to dominate the global chromatography solvents market by technology and is expected to continue this trend till 2024.
On the basis of application, the global chromatography solvents market is segmented into analytical chromatography and preparative chromatography. In 2017, analytical chromatography segment is expected to dominate the global chromatography solvents market and is expected to continue this trend till 2024.
On the basis of end user, the global chromatography solvents market is segmented into pharmaceutical, biotechnology industry; academics & research; environmental, cosmetic industry; food & beverage. In 2017, pharmaceutical segment is expected to dominate the global chromatography solvents market and is expected to continue this trend till 2024.
Key Points : Global Chromatography Solvents Market
In 2016, the global chromatography solvents market is dominated by EMD Millipore, having a market share of 43.1%, owing to the acquisition of Sigma Aldrich completed in 2015. Avantor Performance Materials and Thermo Fisher Scientific, Inc. hold the market share of 29.7% and 20.3% respectively. Other players operating in this market include Tedia Company, Inc., Regis Technologies, Inc., VWR Corporation, Qualikems Fine Chem Pvt. Ltd among others.
- Non-Polar Solvents market is growing with the highest CAGR
- On the basis of application preparative chromatography is growing with the highest CAGR.
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