Global Chromatography Solvents Market is expected to reach USD 3,536.8 billion by 2024 from USD 1,708.0 billion in 2016, at a CAGR of 9.5% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Players:
Some of the major players operating in this market are
•VWR International
•Qualikems Fine Chem Pvt. Ltd.
•Among others.
•EMD-Millipore
•Avantor Performance Materials
•Tedia Company, Inc.
•Regis Technologies, Inc.
•Thermo Fisher Scientific, Inc.
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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Market Segmentation: 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, MEA)
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.
Key Drivers : Global Chromatography Solvents Market
The market is expected to experience a prolific growth in the forecasted period due to the high emphasis being given to environmental testing, pollution control, food safety, drug development and other biotechnology driven research. Apart from this the increased funding in healthcare and government grants for food safety and environmental protection is fuelling the growth of this market.
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