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Gas Chromatography Market Key Trends And Opportunity Areas

The global gas chromatography (GC) market study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, key players, competitive landscape, key market dynamics, and key strategies.

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Major Growth Boosters:

The growth in this market is driven by the increasing adoption of GC-MS, rising crude shale oil production, increasing importance of wastewater treatment, rising food safety concerns, and growing use of chromatography tests in the drug approval process. However, the high cost of GC equipment, geopolitical issues prevailing in some countries, and shortage of skilled professionals are expected to restrain the growth of this market during the forecast period.

[166 Pages Report] The global GC market size is projected to reach USD 3.5 billion by 2025 from USD 2.8 billion in 2020, at a CAGR of 4.1%. The increasing crude shale oil production, increasing importance of waste water treatment, rise in adoption of GC-MS, initiatives to reduce environmental pollution levels, growing food safety concerns and increased importance of chromatography tests in drug are the key factors driving the growth of this market. Owing to technological advancements, GC systems are witnessing a shift from laboratory settings to miniaturization, thus increasing their scope in production plants

Systems accounted for the largest market share in 2019.

Based on GC instruments, the market was divided into systems, detectors, autosamplers, and fraction collectors. The systems market is subjected to account for the largest share in the GC market. The large share of this segment can primarily be attributed to factors such as increased capability to analyze complex compounds.

The columns segment accounted for the largest share of the GC market in 2019.

Based on accessories and consumables, the GC market is divided into columns, columns accessories, autosampler accessories, flow management accessories, consumables accessories, fittings tubing, pressure regulators, gas generators, and other accessories. The columns segment is estimated to account for the largest share of the global gas chromatography market. The large share of this segment can primarily be attributed to factors such as improved gas chromatography columns for the petroleum industry.

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Oil and gas accounted for the largest share of the GC end-user market in 2019.

The oil gas segment is expected to account for the largest share of the global gas chromatography market. The large share of this segment can be attributed to increasing crude shale oil production and improved gas chromatography columns for the petroleum industry.

North America will dominate the GC market during the forecast period.

North America is expected to account for the largest share of the global GC market. Market growth in this region is driven primarily by the increase in RD funding, cannabis research, market for shale oil and gas, and food and agricultural industry. On the other hand, 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 generics in Japan and the development in the pharma and biotech sectors in India and China.

Moreover, these advancements also increase the capabilities of gas chromatography in the analysis of complex compounds. For instance, the MicroGC Fusion is a small, easy to use, gas chromatograph (GC) specifically designed for gas analysis in the concentration range of low ppm to percentage levels.

The prominent players in the Gas chromatography market are Agilent Technologies, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Shimadzu Corporation (Japan), PerkinElmer, Inc. (U.S.), Danaher Corporation (U.S.), Scion Instruments (Techcomp USA Inc.), LECO Corporation (U.S.), Merck KGaA (Germany), Falcon Analytical Systems Technology, LLC (U.S.), Restek Corporation (U.S.), Dani Instruments S.p.A. (Italy), and Chromatotec (France).

Critical questions answered in the report:

How will the current technological developments affect the GC market in the long term?
What are the reasons contributing to the growth of the various segments in the GC market?
Which regions are likely to grow at the highest CAGR?
What are the challenges hindering the adoption of GC solutions?
What are the growth strategies being implemented by major market players?
Key developments:

In 2019, 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
In 2018, 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.
In 2018, 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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