Gas Chromatography Market Share to raise at 4.1% CAGR through 2027

According to the research report titled ‘Global Gas Chromatography Market Size study with COVID-19 Impact, by Instrument, by Accessories & Consumables, by End-User Industry and Regional Forecasts 2020-2027’, available with Market Study Report LLC, Global Gas Chromatography Market to reach USD 3.7 billion by 2027 and was valued at USD 2.7 billion in 2019 and is expected to experience a y-o-y growth rate of 4.1% during 2020-2027.

Increasing prevalence of COVID-19 has created a huge demand for gas chromatography worldwide, mainly due to growing use of chromatography techniques in approval of several drugs. Also, growing shale gas & crude oil production, introduction of policies & initiatives to reduce environmental pollution levels, and surging food safety concerns are impelling the market growth. Rising importance of chromatography tests in the drug approval process, partnerships between chromatography instrument manufacturers and research laboratories, and increasing adoption of GC-MS will create lucrative growth prospects for global gas chromatography market.

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For the uninitiated, gas chromatography is utilized for separation of components in a mixture and testing purity of substances. It is applied when the components can vaporize without decomposition. Gas chromatography has applications in forensic science for crime-scene evidences and biological specimens. It measures the toxicity of substances and tests the quality of chemical products. Although, high cost of equipment used for gas chromatography will hamper the market growth during the forecast period.

Based on instrument type, global gas chromatography market is segmented into autosamplers, detectors, systems, and fraction collectors. With regards to the accessories & consumables, the industry is divided into columns, autosampler accessories flow, pressure regulators, columns accessories, gas generators, management accessories, fittings & tubing, and other accessories. While as per end-user industry, the market is bifurcated into pharma & biotech, environmental agencies, oil & gas, food & beverage, academic & government research institutes, and cosmetics.

Key players in global gas chromatography market size include DANI Instruments SpA, Falcon Analytical Systems & Technology, Agilent Technologies Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., LECO Corporation, Shimadzu Corporation, Restek Corporation, Merck KGaA, and MnM Healthcare.

Speaking of regional terrain, global gas chromatography market size is segmented into North America, Latin America, Asia Pacific, Europe, and rest of the world. North America is the major contributor to overall market share due to flourishing shale oil & gas, food, agricultural sectors, along with rise in R&D funding and cannabis research.

For More Details on Gas Chromatography Market Report at: https://www.marketstudyreport.com/reports/global-gas-chromatography-market-size-research?utm_source=GMR.com/&utm_medium=SP

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