Portable Gas Chromatograph Market with Size, Share and Growth estimated to reach up to USD 1.71 Billion by 2026


Posted March 24, 2020 by armaan007

Portable Gas Chromatograph Market expected to stand at USD 1.71 Billion by 2026, at a CAGR of 5.2%, between 2016–2026

 
[244 Pages Report] The report "Portable Gas Chromatograph Market by Instrument (Systems, Detectors, Auto samplers), Accessory & Consumable (Columns, Column Accessories, Auto sampler Accessories, Flow Management Accessories, Pressure Regulators), End user - Global Forecast to 2026", The portable gas chromatograph market is projected to reach USD 1.71 Billion by 2026, at a CAGR of 5.2% from 2016 to 2026. This growth is mainly attributed to the increasing demand for portable gas chromatograph in oil & gas, food & agriculture, and environmental biosciences industries worldwide.

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The major end-use industries of portable gas chromatograph are, oil & gas, food and agriculture, environmental biosciences, and others. Gas chromatography is a technique used to separate chemicals in a complex sample for further analysis. It is one of the major analytical techniques used to closely monitor the production of natural gas. Gas chromatography, being a commercial analytical technique, is widely used to identify Volatile Organic Compounds (VOCs) in a gaseous phase. In the food & agriculture industry, portable gas chromatograph is used in food processing plants to identify and monitor the quality of food products that are manufactured.

In by instrument, the systems segment is projected to lead the market accounting for a major share during the forecast period in the global portable gas chromatograph market. This large share is attributed to increased functionalities of GC systems. The systems segment market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period 2016-2026.

Increased government investments for technological advancements in portable gas chromatograph are expected to drive the market across regions. The portable gas chromatograph market in the North American region is projected to grow at the highest CAGR from 2016 to 2026. The Asia-Pacific region is expected to register a higher growth rate during the period 2016-2026. Technological advancements in portable gas chromatograph instruments have led to the development of new and advanced equipment in smaller size. The use of these portable instruments facilitates easy maintenance as well as installation of instruments on site.

https://www.prnewswire.com/news-releases/portable-gas-chromatograph-market-worth-171-billion-usd-by-2026-610818555.html

The future demand for portable gas chromatograph is expected to be restrained owing to the high cost of equipment and shortage of skilled professionals in the market. These portable instruments need periodic maintenance, as the accuracy of these chromatographs decreases with continuous use. The required maintenance adds up to the cost, leading to the increased overall cost of the equipment.

Key companies operating in the portable gas chromatograph market include, Emerson Electric Co. (U.S.), ABB Ltd. (Switzerland), Siemens AG (Germany), Elster Group GmbH. (Germany), SRI Instruments (U.S.), Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific (U.S.), Shimadzu Corporation. (Japan), and PerkinElmer, Inc. (U.S.).

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Issued By Markets And Markets
Country India
Categories Automotive , Energy , Industry
Tags portable gas chromatograph , portable gas chromatograph applications , portable gas chromatograph end users , portable gas chromatograph industry , portable gas chromatograph manufacturers , portable gas chromatograph market
Last Updated March 24, 2020