Gas chromatography is analytical technique used to separate volatile compounds and analyze their concentrations. It involves vaporization of sample mixture, carriage of analytes through a long capillary column by inert carrier gas, and detection of analytes individually based on their interactions with column components. Advantages of gas chromatography include accurate quantification down to parts-per-billion or even lower levels, minimal sample preparation requirements, ability to analyze complex mixtures, and real-time data acquisition. The technique finds wide application in environmental testing, food and beverage analysis, and pharmaceutical quality testing.
The Gas Chromatography Market is estimated to be valued at US$ 9.64 Bn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Rising environmental safety regulations across industries to analyze and control hazardous air pollutants emissions is a key trend fueling growth of the gas chromatography market. Stringent standards regarding limits of volatile organic compounds (VOCs) in industrial effluents have ramped up demand for GC systems for continuous emissions monitoring. Additionally, growing role of GC in drug discovery and development processes for separation and isolation of components is creating new opportunities. Pharmaceutical companies are increasingly adopting GC techniques for purity checking and quality control testing of active pharmaceutical ingredients (APIs) and final drug products.
Porter’s Analysis
Threat of new entrants: High capital requirements for R&D, manufacturing and distribution networks pose barriers to new entrants in Gas Chromatography Market.
Bargaining power of buyers: Presence of several established suppliers results in moderate bargaining power for buyers in Gas Chromatography Market.
Bargaining power of suppliers: Diversity in products and availability of substitutes decreases supplier bargaining power in Gas Chromatography Market.
Threat of new substitutes: Limited threat of substitutes due to technological advancements and lack of close substitutes for Gas Chromatography systems in Gas Chromatography Market.
Competitive rivalry: Intense competition among leading players results in high competitive rivalry in Gas Chromatography Market.
SWOT Analysis
Strength: Gas Chromatography systems offer high resolution, separation efficiency and reproducibility for diverse applications.
Weakness: Requirement of trained professionals and high costs associated with Gas Chromatography systems and services.
Opportunity: Growing demand from healthcare and food testing industries and technological advancements in Gas Chromatography systems.
Threats: Stringent regulations surrounding chromatography operations and environmental risks associated with solvent usage.
Key Takeaways
The global Gas Chromatography Market is expected to witness high growth, exhibiting CAGR of 7.1% over the forecast period, due to increasing demand from healthcare and food testing industries. North America dominated the global market in 2023, owing to presence of major players and adoption of technologically advanced products in the region.
Regional analysis Asia Pacific is projected to be the fastest growing market for Gas Chromatography during the forecast period. This is attributed to growing pharmaceutical and biotechnology industries, increasing manufacturing activities, and rising healthcare expenditure in emerging economies of China and India.
Key players operating in the Gas Chromatography market are Agilent Technologies, Inc., Thermo Fisher Scientific, Inc., Danaher Corporation, Merck KgaA, and PerkinElmer, Inc. Major players are focusing on new product launches and investments in R&D to strengthen their market position.
SEP 25 2020: The global Environment Health & Safety market size is expected to reach USD 88.39 billion by 2027, according to a new report by Grand View Research, Inc.
Rising public awareness regarding environmental issues over the past few years has resulted in the development of environment protection laws which is expected to drive the market growth.The EHS (environment health & safety) services and software aid companies to meet the standards established by environmental bodies such as Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and Resource Conservation and Recovery Act (RCRA).
Increasing pressure from society and the government on companies to operate in an environment-friendly manner owing to the rising awareness regarding the negative implications of pollution is likely to fuel the growth of the EHS market.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/environmental-health-and-safety-market/request-sampleThe rise in stringent government regulations in U.S. and Europe is likely to boost the demand for environment health and safety significantly.
Hence, major players such as Golder Associates, ERM, and AECOM have gained a competitive edge over other service providers on account of their broad service portfolio and abundant workforce.
Further key findings from the report suggest:The demand for EHS service in wastewater is anticipated to witness a CAGR of 6.7% in terms of revenue, from 2020 to 2027, on account of the increasing number of laws regarding the discharge of wastewater containing zinc, lead, and mercuryConstruction industry is estimated to reach USD 14.09 billion by 2027 owing to the ability to assist construction companies in monitoring their environmental impact along with ensuring the safety of workersEHS software accounted for 3.3% of the market share in terms of revenue in 2019 owing to its ability to assist the EHS market players in risk analysis and taking proactive measures for avoiding unfortunate incidents at the workplaceJapan is estimated to witness a CAGR of 7.6% from 2020 to 2027, in terms of revenue, on account of the rapid industrial growth coupled with the presence of stringent regulations for environmental health and safety in the countryMajor environment health & safety market players follow an integrated approach and provide distribution and fabrication services for custom applications to offer a wide range of products at competitive pricesTo Browse Full Research Report @: https://www.radiantinsights.com/research/environmental-health-and-safety-marketTable of ContentsChapter 1.
Secondary Sources & Third-Party Perspectives1.3.4.
The market study on the global Agricultural Equipment Rubber Track market published by KD Market Insights exhibits the important aspects that are estimated to shape the growth of the global Agricultural Equipment Rubber Track market over the forecast period.
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Urolithiasis is referred to as kidney stone and is a condition that is characterized by presence of a calculi or a solid piece material in the urinary tract of an individual.
These solid mass commonly known as kidney stone is typically formed in the renal area that is eliminated from the body through the urine stream.The stones that are smaller in size may pass off the body without any symptoms, however, lumps larger than 5 millimeters in size can lead to blockage of the ureter that may cause severe pain in the abdominal area and lower back.
This may result in symptoms that includes pain during urination, vomiting or blood in the urine.
Urolithiasis is caused due to combination of environmental and genetic factors.
It can also be caused due various factors such as obesity, hyperparathyroidism, and high urine calcium levels.Get Exclusive Sample Report @ https://dataintelo.com/request-sample/?reportId=506Rising incidence of chronic kidney diseases is one of the major factors responsible for growth of global urolithiasis management devices market.
Moreover, growth of the urolithiasis management devices market can also be attributed to rising adoption of percutaneous nephrolithotomy (PCNL).Read More @ https://www.marketwatch.com/press-release/urolithiasis-management-devices-market-swot-analysis-cagr-future-insights-growth-by-2026-2019-12-20
