2D Chromatography Market Valuation to 2023 by Food & Beverage Testing, Petrochemical and Natural Gas Applications

Global 2D chromatography market is expected to reach USD 42.4 million by 2023 from USD 29.6 million in 2018, at a CAGR of 7.5% during forecast period. The base year considered for the report is 2017 and forecast period is 2018–2023.

Report analyzes 2D chromatography market and aims at estimating market size and the future growth potential of this market based on various segments like product, application, and region. In 2018, 2D gas chromatography segment is expected to account for largest share of global 2D chromatography market. 2D gas chromatography is further segmented into 2D GC instruments, 2D GC consumables, & 2D GC accessories.

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Factors such as rising food safety concerns, R&D investments by pharma companies and government support, initiatives to reduce environmental pollution, and growing petroleum industry are driving the growth of this market. However, the high cost of the 2D chromatography systems is expected to restrain market growth during the forecast period.

Key Target Audience:
• 2D chromatography instrument manufacturers
• Manufacturers of 2D chromatography consumables and accessories
• Third-party 2D chromatography product suppliers
• Instrument raw material suppliers
• Environment protection agencies and institutes
• Food and beverage industry
• Pharmaceutical and biotechnology companies
• Cosmetic companies
• Market research and consulting firms
• Regulatory bodies
• Venture capitalists

2D chromatography market is segmented into 2D gas chromatography and 2D liquid chromatography. In 2018, 2D gas chromatography segment is expected to account for largest share of global 2D chromatography market. Large share of this segment is attributed to rapid growth in production of crude oil. 2D gas chromatography is further segmented into 2D GC instruments, 2D GC consumables, and 2D GC accessories.

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The key players in the global 2D chromatography market are Agilent Technologies (US), LECO (US), Waters (US), Shimadzu (Japan), Restek (US), SepSolve Analytical (UK), Merck (Germany), Danaher (US), Bio-Rad Laboratories (US), and Thermo Fisher Scientific (US).

The breakup of primary participants was:
• By Company Type – Tier 1–54%, Tier 2–34% and Tier 3–12%
• By Designation– C-level–31%, Director Level–19%, Others–50%
• By Region – North America–46%, Europe–25%, Asia Pacific–18%, RoW–11%

The 2D chromatography market is segmented on the basis of product, application, and region. Based on type, the market is segmented into 2D gas chromatography and 2D liquid chromatography. The report also includes competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

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The global 2D chromatography market is segmented into life science research, environmental analysis, food and beverage testing, petrochemical and natural gas analysis, and other applications. The life science research segment is expected to grow at the highest CAGR during the forecast period. R&D investments by pharma companies and government support are driving the growth of the segment.

Objectives of the Study
• To define, measure, and describe the global 2D chromatography market on the basis of product, application, and region
• To provide detailed information about the major factors influencing market growth (drivers, restraints, challenges, and opportunities)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
• To forecast the size of market segments in North America, Europe, Asia Pacific, and the RoW
• To strategically analyze the market structure, profile key players in the global 2D chromatography market, and comprehensively analyze their core competencies
• To track and analyze company developments such as partnerships and collaborations, expansions, acquisitions, and product launches and approvals in the 2D chromatography market

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Release ID: 409968