Global liquid chromatography market to hit value of $7.1 billion by 2017

London 9/20/2012 03:01 AM GMT (TransWorldNews)

Liquid chromatography, the largest segment of the chromatography reagents market, should account for $2.4 billion in 2012 and $7.1 billion in 2017, a CAGR of 24%.

The global sales from solvents used in liquid chromatography are expected to reach $1.2 billion in 2012 and nearly $3.4 billion in 2017, a CAGR of 23%.

Global revenues from chromatography reagents totalled nearly $4.3 billion in 2011 and $5.2 billion in 2012. Total revenues should reach $11.9 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 18%.

Reasons for Doing this Study

Chromatography techniques and reagents are being used extensively in pharmaceutical and biotechnology industries in the development of pure drug compounds. The primary usage of chromatography techniques is for quality assurance of drug products wherein chromatography separation techniques can, in some cases, assure up to 99.9% purity level and can reveal the impurities to 0.1% or even smaller. These separations or analysis techniques use chromatography reagents for the measurement of the drug purity, which has led to the growing market of the reagents. The study thus focuses on the usage of these reagents in various industries across the global markets.

Most of the techniques of chromatography and their reagents are discussed in this report. The fast-changing scenarios and developmental landscape of various technologies in the market justify focusing on this segment. Along with the end users -- pharmaceutical and biotech, food and beverage, environmental agencies and other industries -- merger and acquisition and collaborations of companies are also covered in this report. This study also discusses the strengths and weaknesses of each reagent type/technology in light of new technologies, growing competition and changing customer needs.

Contributions of the Study and its Audience

This study contributes to knowledge and understanding of market growth and setbacks for chromatography reagents from the manufacturer and end user perspectives. Pharmaceutical, biochemical, chemical, petrochemical, food and beverage industries, clinics, forensics and environmental agencies will find this study to be of interest.

Scope of the Study

The scope of this study comprises the markets of reagents of chromatography along with various chromatography techniques. BCC analyzes each market; the different types of chromatographic techniques and reagents; the regulatory aspects; the end users of the chromatographic reagents and market projections, its market leaders and market share. The study also offers details of technological refinements including the latest trends and developments.

Methodology

Both primary and secondary research methodologies were used in preparing this study. BCC carried out a comprehensive literature search that included technical newsletters, journals, technical blogs and research papers as well as many other sources. The data were collected through interviews and correspondence with various pharmaceutical, biotechnical, food and beverage and environment experts. Projections were based on estimates such as the current number of end users, potential end users, likely unit prices, rates of consumption and market trends.



Click for Report details:Global Markets for Reagents for Chromatography: Focus on Liquid Chromatography



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