The global gas chromatography market is a mature market, and is dominated by aftermarket and accessories. Despite this, the global market maintained positive momentum in recent years. However, the market slumped when the global economy plunged into recession in 2008 and 2009, as most of the companies in various end-use sectors deferred their plans to replace aging instruments or to upgrade to advanced systems. Sales of both new systems as well as columns began to decline in late 2008. However, with recovering global economy, the market is expected to return to its positive growth path in 2010, and continue to gather momentum in the ensuing years, albeit at a slower rate.
Europe represents the largest market for gas chromatography systems, accounting for more than 30% share of the global market, as stated by the new market research report on Gas Chromatography Systems. The United States trails Europe in terms of sales of gas chromatography (GC) systems, followed by Japan. While developed regions suffered due to market maturity, growth in demand for gas chromatographs is primarily expected to emanate from developing markets. Asia-Pacific is projected to emerge as the fastest growing market globally, registering a compounded annual rate of 2.2% during the next few years. Emerging markets such as China, India, Korea, Thailand, Saudi Arabia, and Israel are expected to fuel future market growth. Sales of GC systems in these regions are expected to be higher in end-use market segments such as chemical, petrochemical, and research laboratories.
The global gas chromatography systems market is dominated by the Chemicals & Pharmaceuticals end-use sector, which has created significant demand for systems that perform routine tasks at enhanced speed and accuracy. Petrochemicals is forecast to emerge as the fastest growing end-use market for gas chromatography systems over the coming years. Small, yet steady growth in demand is also expected from certain other segments such as Research, which alone is estimated at US$114 million in 2010.
Better resolution and faster analysis are the two prominent trends in the global gas chromatography market. Innovations and advancements continue to emerge in the gas chromatography market, although most of them can be deemed as marginal in nature. Instrument manufacturers are focusing on enhancing performance of GC systems by emphasizing on quicker heat-up and cool-down times, in addition to improving precision of electronic flow regulation, and enhanced sensitivity specifications.
Other trends prevalent in the industry include preference for systems that offer ease of performance, lower detection limits, and enhanced reproducible quantitation. There is also a growing demand for miniaturization of instruments. Comprehensive GCxGC instrumentation is also gaining popularity.
Key players profiled in the report include Agilent Technologies Inc., DANI Instruments SPA, PerkinElmer, Inc., SGE Analytical Science Pty Ltd., Shimadzu Corp., Shimadzu Scientific Instruments, Sigma-Aldrich's Supelco, SRI Instruments, Thermo Fisher Scientific Inc., among others.
The report titled “Gas Chromatography: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the gas chromatography systems market, current market trends, growth drivers, impact of recession on the industry, end-use market analysis and potential, new product introductions/innovations, recent industry activity, and focus on major and niche global as well as regional market participants. The study analyzes market data and analytics in terms of value sales for global as well as regional markets including the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America, and by end-use sectors such as Chemical & Pharmaceutical, Clinical, Environmental, Petrochemicals, Food & Beverages, Research, and Others. The study also analyzes unit volume sales of gas chromatography systems for the global as well as regional markets, including the US, Canada, Japan, Europe, Asia-Pacific, The Middle East, and Latin America.
For more details about this market research report, please visit – http://www.strategyr.com/Gas_Chromatography_Systems_Market_Report.asp
