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Top 10 Leading Companies In Gas Chromatography Market
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), and Region – Global Forecast to 2025", published by MarketsandMarkets™, the Gas Chromatography Market is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.1%.
Browse in-depth TOC on "Gas Chromatography Market"
124 – Tables
27 – Figures
166 – Pages
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Key Market Players of Gas Chromatography Market:
Agilent Technologies, Inc. (US), Thermo Fisher Scientific, Inc. (US), Shimadzu Corporation (Japan), PerkinElmer, Inc. (US), Restek Corporation (US), Dani Instruments S.P.A. (Italy), Chromatotec (France), Merck KGAA (Germany), Leco Corporation (US), Scion Instruments (US), Phenomenex (US), GL Sciences(Japan), OI Analytical (US)
Agilent is the largest player in the GC market. A large part of the company’s revenue is generated from its Life Sciences and Applied Markets and Agilent CrossLab segments. The growth of the company is attributed to strategic mergers and acquisitions, strategic transactions, and improved R&D and capital expenditure.
Shimadzu operates under five business segments—Analytical Instruments, Medical Systems, Aircraft Equipment, Industrial Machinery, and Testing and Measuring Instruments. Around 65% of the company’s revenue is generated from its Analytical and Measuring Instruments segments. The company dominates the markets in Asian countries and developing countries in Europe.
ThermoFisher operates under four segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. ThermoFisher is involved in acquiring other life science companies to further strengthen its market position. Similar to Shimadzu, the company is also growing in developing Asian countries like Beijing, Shanghai, India, Singapore, and South Korea to expand its customer reach. The company provides a wide array of chromatography and spectrometry products.
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Other players operating in the GCmarket adopted the strategy of collaborations, contracts, agreements, partnerships, alliances, acquisitions, expansions, product launches, grants, accreditations, patents, and licensing to increase their customer base across geographies and establish a strong foothold in the market.
Asia-Pacific is projected to witness the highest growth rate during the forecast period (2020–2025).
Asia Pacific is projected to have the highest growth rate during the forecast period. The high growth rate of the region can be attributed to factors such as extensive sales of generics in Japan and the growth in the pharma and biotech sectors in India and China
Recent Developments
· Agilent launched the 990 Micro GC System. The system is designed to monitor calorific valuation and odorant levels in natural gas. It is a compact and rugged system that may be used in laboratories
· The University of Duisburg Essen collaborated with Agilent to utilize its gas and liquid chromatography systems and a variety of its mass spectrometry instruments to conduct improved research studies.
· PerkinElmer acquired Shanghai Spectrum Instruments Co., Ltd. This acquisition will allow PerkinElmer to expand its customer base for analytical instruments in China.
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