Gas Chromatography Market is expected to reach $3.67 Billion by 2022 from $2.64 Billion in 2016

(IT-NEWSWIRE.COM, September 07, 2018 ) The gas chromatography market is expected to reach USD 3.67 Billion by 2022 from USD 2.64 Billion in 2016, at a CAGR of 6.2%. The growth in this market is primarily driven by the increasing crude & shale oil production, increasing importance of waste water treatment, rising adoption of GC-MS, initiatives to reduce environmental pollution levels, growing food safety concerns, and increased importance of chromatography in drug testing.

The report provides an overall understanding of the gas chromatography market. In this report, the gas chromatography market is segmented on the basis of instruments, accessories & consumables, end users, and regions. The instruments segment is further categorized into systems, detectors, autosamplers, and fraction collectors. The systems segment accounted for the largest share of the market in 2016. The accessories & consumables segment is further categorized into columns, column accessories, autosampler accessories, flow management consumables & accessories, fittings and tubing, pressure regulators, gas generators, and other accessories. Among these, the columns segment accounted for the largest market share in 2016. By end user, the gas chromatography market is segmented into the oil & gas industry, environmental agencies, food & beverage industry, pharmaceutical & biotechnology companies, academic & government research institutes, and cosmetics industry. The geographic segments included in this report are.

Geographically, the gas chromatography market has been divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America accounted for the largest market share in 2016. Factors such as an increase in the U.S. shale gas production, growing funding for environmental testing and clean-up, and increasing funding for R&D activities in healthcare & environmental industries are driving the growth of the North American market.

A combination of bottom-up and top-down approaches were used to calculate the market sizes and growth rates of the gas chromatography market and its subsegments. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Primary interviews with key opinion leaders were also used to determine the percentage shares of each subsegment and the relative differences in growth rates.

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Major players in the gas chromatography market are Agilent Technologies, Inc. (U.S.), Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.), and PerkinElmer, Inc. (U.S.).

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Gas Chromatography Market is expected to reach $3.67 Billion by 2022 from $2.64 Billion in 2016