Market Size of Chromatography Reagents Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 11.53 Billion |
Market Size (2029) | USD 16.55 Billion |
CAGR (2024 - 2029) | > 7.00 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Chromatography Reagents Market Analysis
The Chromatography Reagents Market size is estimated at USD 11.53 billion in 2024, and is expected to reach USD 16.55 billion by 2029, growing at a CAGR of greater than 7% during the forecast period (2024-2029).
The market saw a surge in demand in 2021 due to the increase in demand for various medicines in the pharmaceutical industry owing to the pandemic. Many countries have imposed various regulations with regard to water and the safety of the environment. This has led to increased demand in the market studied worldwide.
- Increasing demand for chromatography reagents from the pharmaceutical sector is expected to fuel market growth.
- However, the high cost of chromatography reagents is anticipated to hamper market expansion.
- The growing adoption of chromatographic techniques in several end-user industries is expected to provide opportunities for the market to flourish.
- The North American region dominated the market around the world, with countries like the United States and Canada being the biggest consumers.
Chromatography Reagents Industry Segmentation
Chromatography is a separation technique used in the laboratory for separating mixtures based on differential partitioning between the mobile and stationary phases. Chromatography can be divided into two branches, depending on whether the mobile step is a liquid or a gas. Chromatography reagents are used in a variety of applications, including HPLC, ion chromatography, flash chromatography, and complexometric titration.
The chromatography reagents market is segmented by type, physical state of mobile phase, technology, application, and geography. By type, the market is segmented into buffers, ion-pair reagents, solvents, and other types (derivatization reagents, etc.). By the physical state of the mobile phase, the market is segmented into gas chromatography reagents, liquid chromatography reagents, and supercritical fluid chromatography reagents. By technology, the market is segmented into ion exchange, affinity exchange, size exclusion, hydrophobic interaction, mixed-mode, and other technologies (adsorption chromatography, partition chromatography, etc.). By application, the market is segmented into pharmaceuticals, food and beverages, water and environmental analysis, and other applications (forensic analysis, cosmeceutical application, etc.). The report also covers the market size and forecasts for the chromatography reagents market in 15 countries across the globe. For each segment, the market sizing and forecasts have been done on the basis of value (USD).
Type | |
Buffers | |
Ion Pair Reagents | |
Solvents | |
Other Types (Derivatization Reagents, Etc.) |
Physical State of Mobile Phase | |
Gas Chromatography Reagents | |
Liquid Chromatography Reagents | |
Super Critical Fluid Chromatography (SFC) Reagents |
Technology | |
Ion Exchange | |
Affinity Exchange | |
Size Exclusion | |
Hydrophobic Interaction | |
Mixed Mode | |
Other Technologies (Adsorption Chromatography, Partition Chromatography, Etc.) |
Application | |
Pharmaceutical | |
Food and Beverages | |
Water and Environmental Analysis | |
Other Applications (Forensic Analysis, Cosmeceutical Application, Etc.) |
Geography | |||||||
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Chromatography Reagents Market Size Summary
The chromatography reagents market is poised for significant growth, driven primarily by the increasing demand from the pharmaceutical sector. This demand surge is attributed to the heightened need for various medicines during the pandemic, which has subsequently led to a rise in regulatory measures concerning water and environmental safety worldwide. The market is characterized by its fragmented nature, with key players such as Merck KGaA, Thermo Fisher Scientific Inc., Avantor, Inc., Agilent Technologies, Inc., and Shimadzu Corporation playing pivotal roles. Despite the high cost of chromatography reagents posing a challenge to market expansion, the growing adoption of chromatographic techniques across various end-user industries presents ample opportunities for market proliferation.
North America currently dominates the global chromatography reagents market, with the United States and Canada being the largest consumers. This dominance is fueled by the extensive use of chromatography techniques in the food and beverage and pharmaceutical industries. The United States, in particular, benefits from substantial investments in genomics research and development, alongside the availability of advanced technologies. The pharmaceutical industry, being one of the most regulated sectors globally, relies heavily on chromatography for ensuring the safety and efficacy of drug products. As the pharmaceutical industry continues to expand, particularly in regions like Germany and the United States, the demand for chromatography reagents is expected to rise, further solidifying North America's leading position in the market.
Chromatography Reagents Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Demand for Chromatography Reagents from the Pharmaceutical Sector
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1.1.2 Increasing R&D Investment in Biotechnology Sector
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1.1.3 Other Drivers
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1.2 Restraints
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1.2.1 High Cost of Chromatography Reagents
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Type
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2.1.1 Buffers
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2.1.2 Ion Pair Reagents
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2.1.3 Solvents
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2.1.4 Other Types (Derivatization Reagents, Etc.)
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2.2 Physical State of Mobile Phase
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2.2.1 Gas Chromatography Reagents
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2.2.2 Liquid Chromatography Reagents
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2.2.3 Super Critical Fluid Chromatography (SFC) Reagents
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2.3 Technology
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2.3.1 Ion Exchange
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2.3.2 Affinity Exchange
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2.3.3 Size Exclusion
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2.3.4 Hydrophobic Interaction
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2.3.5 Mixed Mode
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2.3.6 Other Technologies (Adsorption Chromatography, Partition Chromatography, Etc.)
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2.4 Application
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2.4.1 Pharmaceutical
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2.4.2 Food and Beverages
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2.4.3 Water and Environmental Analysis
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2.4.4 Other Applications (Forensic Analysis, Cosmeceutical Application, Etc.)
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2.5 Geography
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2.5.1 Asia-Pacific
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2.5.1.1 China
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2.5.1.2 India
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2.5.1.3 Japan
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2.5.1.4 South Korea
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2.5.1.5 Rest of Asia-Pacific
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2.5.2 North America
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2.5.2.1 United States
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2.5.2.2 Canada
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2.5.2.3 Mexico
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2.5.3 Europe
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2.5.3.1 Germany
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2.5.3.2 United Kingdom
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2.5.3.3 Italy
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2.5.3.4 France
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2.5.3.5 Rest of Europe
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2.5.4 South America
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2.5.4.1 Brazil
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2.5.4.2 Argentina
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2.5.4.3 Rest of South America
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2.5.5 Middle East and Africa
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2.5.5.1 Saudi Arabia
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2.5.5.2 South Africa
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2.5.5.3 Rest of Middle East and Africa
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Chromatography Reagents Market Size FAQs
How big is the Chromatography Reagents Market?
The Chromatography Reagents Market size is expected to reach USD 11.53 billion in 2024 and grow at a CAGR of greater than 7% to reach USD 16.55 billion by 2029.
What is the current Chromatography Reagents Market size?
In 2024, the Chromatography Reagents Market size is expected to reach USD 11.53 billion.