Market Size of Supercritical Fluid Chromatography Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.70 Billion |
Market Size (2029) | USD 2.14 Billion |
CAGR (2024 - 2029) | 4.77 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
Supercritical Fluid Chromatography Market Analysis
The Supercritical Fluid Chromatography Market size is estimated at USD 1.7 billion in 2024, and is expected to reach USD 2.14 billion by 2029, growing at a CAGR of 4.77% during the forecast period (2024-2029).
Certain factors that are driving the market growth include increasing demand for supercritical fluid chromatography in various industries and rise in research and development activities and government investments.
- Chromatography is the science of separation of mixtures into organic and inorganic compounds. This is done by passing the mixture in a solution or suspension through a medium in which the components move at different rates.
- Recently, the application of chromatography has increased in many fields, especially in the pharmaceutical and food and beverage industries. The growing use of chromatography in the pharmaceutical industry is for the separation of chiral compounds. These compounds have molecules that differ slightly in the way their atoms are oriented in space.
- As far as supercritical fluid chromatography (SFC) is concerned, the major advantages of preparative SFC include separation speed, the ability to achieve chiral separations, lower viscosity of the mobile phases, which allows high flow rates with acceptable pressure drops and results in higher productivity, reduction of solvent use of as much as 90% compared to liquid chromatography, and ease of processing collected sample fractions. Technological advancements in developing more accurate and efficient systems have also helped the market growth.
Supercritical Fluid Chromatography Industry Segmentation
Supercritical fluid chromatography (SFC) is defined as a mode of chromatography in which both the temperature and the pressure in the column exceed the critical values of the mobile phase. It is a form of normal phase chromatography that uses a supercritical fluid such as carbon dioxide as the mobile phase.
By Type | |
Preparative | |
Analytical |
By End User | |
Research Laboratories | |
Pharmaceuticals Industry | |
Other End Users |
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Supercritical Fluid Chromatography Market Size Summary
The supercritical fluid chromatography market is experiencing notable growth, driven by increasing demand across various industries and heightened research and development activities. This technique, which involves the separation of mixtures into organic and inorganic compounds, is gaining traction particularly in the pharmaceutical and food and beverage sectors. The pharmaceutical industry benefits from supercritical fluid chromatography's ability to separate chiral compounds, which are crucial in drug development. The advantages of this method, such as faster separation speeds, lower viscosity of mobile phases, and significant reduction in solvent use compared to traditional liquid chromatography, are contributing to its rising adoption. Technological advancements further enhance the efficiency and accuracy of supercritical fluid chromatography systems, bolstering market expansion.
North America holds the largest share of the supercritical fluid chromatography market, supported by substantial government investments and a robust healthcare system that fosters research and development. The presence of major pharmaceutical companies in the region, which are increasingly outsourcing drug development services, also contributes to market growth. The developed infrastructure and policies in countries like the United States and Canada attract global players, enhancing the market's competitive landscape. Key companies such as Fluitron Inc., JASCO, Labnics Equipment, and Waters Corporation are significant players in this market, driving innovation and maintaining substantial market shares. As demand continues to rise, the market is poised for further expansion, with supercritical fluid chromatography becoming a preferred method for preparative chiral chromatography.
Supercritical Fluid Chromatography Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Demand for Supercritical Fluid Chromatography in Various Industries
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1.2.2 Rise in Research and Development Activities and Government Investments
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1.3 Market Restraints
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1.3.1 Limitations of Sensitivity and Specificity of Detectors in case of Complex Samples
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Preparative
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2.1.2 Analytical
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2.2 By End User
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2.2.1 Research Laboratories
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2.2.2 Pharmaceuticals Industry
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2.2.3 Other End Users
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle-East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle-East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Supercritical Fluid Chromatography Market Size FAQs
How big is the Supercritical Fluid Chromatography Market?
The Supercritical Fluid Chromatography Market size is expected to reach USD 1.70 billion in 2024 and grow at a CAGR of 4.77% to reach USD 2.14 billion by 2029.
What is the current Supercritical Fluid Chromatography Market size?
In 2024, the Supercritical Fluid Chromatography Market size is expected to reach USD 1.70 billion.