Gas Chromatography Market Trends

  • Report ID: 4930
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Gas Chromatography Market Trends

Growth Drivers

  • Growing Greenhouse Gas Emissions – Global greenhouse gas emissions have increased, which has significantly driven market growth. Moreover, GHG emissions can be measured with the help of gas chromatography detector which helps in detecting the source of emissions in gas samples from chambers which aids in the fight against global warming. Lately, mankind emits more than 45 billion tonnes of greenhouse gas annually across the globe.
  • Growing Agriculture Sector- One of the only industries that has grown steadily to feed a growing world population is agriculture, which is estimated to drive market growth. Gas chromatography has been used successfully to analyze organic contaminants such as volatile organic compounds and to analyze chlorinated pesticide residues in agricultural products. In addition, it is also used to assess the composition and quality of fertilizers.

Challenges

  • High Cost of Gas Chromatography Devices - The high pricing of gas chromatography devices is one of the major factors predicted to slow down the market growth. The chromatography instruments have advanced features and functionalities, making them a premium purchase.
  • Geopolitical Concerns Among Countries
  • Lack of Competent and Skilled Professionals

Gas Chromatography Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

7.1%

Base Year Market Size (2023)

USD 4.28 Billion

Forecast Year Market Size (2036)

USD 10.44 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 4930
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of gas chromatography is estimated at USD 4.56 Billion.

The gas chromatography market size was over USD 4.28 Billion in 2023 and is anticipated to reach USD 10.44 Billion by 2036, witnessing around 7.1% CAGR during the forecast period i.e., between 2024-2036. Rising production of petrochemicals and the increasing demand for animal products are the major factors driving the growth of the market.

North America industry is predicted to account for the largest share of 38% by 2036, impelled by growing food & beverage sector in the region.

Agilent Technologies, Waters Corporation, Shimadzu Corporation, Thermo Fisher Scientific, PerkinElmer, Merck KGaA, Phenomenex, Bio-Rad Laboratories, Cytiva
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