Chromatography Reagents Market to be Worth $9.7 Billion by 2030

Chromatography Reagents Market by Type (GC, LC, TLC), Product (Solvents, Buffers, Reagents), Separation (Adsorption, Partition, Affinity), Application (Pharma, Forensic, Environmental, Cosmeceuticals, Diagnostics, QC), End User - Global Forecast to 2030

Meticulous Research^®—a leading market research company, published a research report titled, ‘Chromatography Reagents Market by Type (GC, LC, TLC), Product (Solvents, Buffers, Reagents), Separation (Adsorption, Partition, Affinity), Application (Pharma, Forensic, Environmental, Cosmeceuticals, Diagnostics, QC), End User - Global Forecast to 2030.’

According to this latest publication from Meticulous Research^®, the chromatography reagents market is projected to reach $9.7 billion by 2030, at a CAGR of 5.7% from 2023 to 2030. The growth of the chromatography market is driven by several factors, including the growing R&D expenditure in pharmaceutical and biotechnology industries, policies and initiatives to reduce environmental pollution, the use of chromatography in food safety regulations and quality testing, and the growing biopharmaceuticals market. However, the high cost of chromatography reagents and the safety risks associated with the use of flammable reagents restrain this market’s growth.

Key Players

The key players profiled in the chromatography reagents market report are Bio-Rad Laboratories, Inc. (U.S.), Waters Corporation (U.S.), Santa Cruz Biotech, Inc. (U.S.), Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Regis Technologies, Inc. (U.S.), Shanghai Aladdin Biochemical Technology Co., Ltd. (China), Avantor Performance Materials, Inc. (U.S.), Honeywell International, Inc. (U.S.), Tokyo Chemicals Industry Co., Ltd (Japan) and, Loba Chemie Pvt. Ltd. (India).

The chromatography reagents market is segmented by Chromatography Type (Gas Chromatography (GC), Liquid Chromatography (LC), Thin Layer Chromatography (TLC)), Product Type (Solvents, Buffers, Derivatization reagents, Ion-Pair reagents), Separation Method (Adsorption, Partition, Ion-Exchange, Size Exclusion, Affinity), Application [Pharmaceutical and Biotechnology Applications {Research and Drug Development, Pharmaceutical Manufacturing, Quality Control}, Cosmeceutical Applications, Environmental Testing, F&B Testing, Petrochemical Analysis, Forensic Testing, Clinical Diagnostics, Research & Academic Applications), End User (Academic & Research Institutes, Contract Research Organizations (CROS) and Contract Manufacturing Organizations (CMOS), Pharmaceutical & Biotechnology Industry, Food and Beverages Industry, Hospitals & Diagnostic Laboratories, Other End Users), and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.

Based on chromatography type, in 2023, the liquid chromatography segment is expected to account for the largest share of the market. Liquid chromatography is a highly versatile and precise technique that offers faster results than other chromatographic types. The reliability and broad applicability to diverse analytes make it suitable for use in various industries, including pharmaceuticals, food and beverage, and environmental testing. These factors contribute to the significant market share of this segment.

Based on product type, the solvents segment is expected to account for the largest share of the market. Solvents are reagents used to move samples from one position to another during the process without changing the chemical formula of the sample and are generally mixed with water or another solvent to optimize the reaction outcome of the sample. Solvents are easy to handle and help with precise and easy separation. In applications such as determining components of air for quality testing, solvents make it easy to identify specific components as they bind to specific components. The frequent use of chromatographic solvents contributes to the significant market share of this segment.

Based on separation method, the adsorption segment is projected to register the highest CAGR during the forecast period. Adsorption is majorly used in separating amino acids in protein purification, isolation of antibiotics, and identification of carbohydrates in the pharmaceutical and food industries. In the case of protein purification or downstream processing, adsorption chromatography is commonly used as it displays high-resolution efficiencies for resolving crude mixtures into simple properties and requires basic equipment. Growing research on protein extraction and purification for various applications is driving the market growth of this segment.

Based on application, in 2023, the pharmaceutical and biotech segment is expected to account for the largest share of the market. The growth of this market segment is attributed to several factors, including the rising demand for pharmaceutical and biopharmaceutical products, accelerated research in the field of biopharmaceuticals, and the high prevalence of infectious and non-infectious diseases, which are driving the need for innovative therapies. Additionally, chromatography is a widely used technique in the pharmaceutical industry. Governments of various countries are investing in and providing funding and grants to pharmaceutical and biotech companies to drive innovation in the industry. These factors also contribute to the growth of this segment.

Based on end user, the academic & research institutes segment is projected to register the highest CAGR during the forecast period. The growth of this segment is being driven by several factors, including the growing focus of research institutes on driving innovation in pharmaceuticals, agriculture, food sciences, and petroleum, as well as the increasing research efforts on developing analytical techniques in these areas.

Geographic Review

This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the chromatography reagents market, followed by Europe and Asia-Pacific. North America’s major market share is attributed to the high R&D expenditure, the well-established healthcare system, and supportive government initiatives for life sciences research.

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Key questions answered in the report-

Which are the high-growth market segments in terms of chromatography type, product type, separation method, application, end user, and geography?
What was the historical market for chromatography reagents across the globe?
What are the market forecasts and estimates for the period 2023–2030?
What are the major drivers, restraints, opportunities, and challenges in the chromatography reagents market?
Who are the major players in the chromatography reagents market?
What is the competitive landscape, and who are the market leaders in the chromatography reagents market?

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