July 27, 2024

Gas Chromatography Market is Expected to be Flourished by Growing Pharmaceutical Industry

Gas chromatography is an analytical technique widely used in separation and analysis of complex mixtures of chemical constituents. It consists of injecting the gaseous or volatile liquid mixture into a chromatographic instrument that separates components based on their interactions with a stationary phase as they pass through a tube known as column. Gas chromatography has applications in food & beverages testing, environmental monitoring, pharmaceuticals, and petrochemical analysis, among others. It plays a vital role in drug discovery and development processes by enabling separation and identification of components present in new drug formulations. The growing pharmaceutical industry has increased the demand for accurate analysis techniques like gas chromatography for quality control checks and compliance with stringent regulations.

The global gas chromatography market is estimated to be valued at US$ 3.4 billion in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:
The opportunity of growing pharmaceutical industry refers to the rising demand for gas chromatography from pharmaceutical companies for drug development and quality check processes. This is one of the key drivers propelling the growth of gas chromatography market. Furthermore, the increasing environmental regulations have necessitated monitoring of air and water pollution levels, which has also contributed to the growth of the market. Gas chromatography plays a vital role in detection of toxins and pollutants in the environment. However, availability of alternative techniques for separation and identification of chemical components poses a challenge for the gas chromatography market growth.

Segment Analysis
The global gas chromatography market is segmented on the basis of product type, application and end user. On the basis of product type, the market is segmented into instruments, autosamplers, columns and accessories & consumables. In 2020, instruments segment dominated the market owing to the high adoption of GC instruments across various industries for separation and analysis of complex chemical mixtures. Autosamplers are also gaining popularity due to their ability to introduce multiple samples for unattended analysis without manual intervention.

PEST Analysis
Political: Regulatory bodies like EPA and FDA have mandated use of GC for testing and certification of pharmaceuticals, food & beverages and environment samples. This is driving demand from quality control laboratories.
Economic: Growing pharmaceutical and biotech industry is fueling spending on R&D which adopts GC techniques for developing new drugs and diagnostics. Petrochemical industry is also investing in GC for crude oil analysis.
Social: Increased awareness about food safety, environmental monitoring and drug quality is prompting industries and research labs to rely on GC for compliance.
Technological: Advancements like fast GC systems, portable GC and GC-MS integration are supporting miniaturization and higher productivity. New column chemistries are enabling analysis of complex matrices.

Key Takeaways
The global gas chromatography market is expected to witness high growth on account of growing pharmaceutical industry, food safety concerns and environment monitoring needs. The global gas chromatography market is estimated to be valued at US$ 3.4 billion in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023-2031.

North America dominated the market in 2020 owing to presence of major life science players and stringent regulatory scenario mandating adoption of GC techniques in various end use industries like pharma and petrochemicals.

The key players operating in the gas chromatography market are Agilent Technologies, Shimadzu Corporation, Thermo Fisher Scientific, PerkinElmer, Restek Corporation and Dani Instruments S.P.A. Agilent captured the major market share in 2020 owing to its wide product portfolio and strong presence across major markets. The company offers innovative GC solutions like triple quadrupole GC-MS/MS system and advanced chromatography data system software.

Key players like Thermo Fisher and Shimadzu also dominate their respective regions due to strong brand recognition and extensive distribution network. These companies actively focus on new product launches as well as expansion in emerging countries to further increase their revenue share. Growing demand from biopharma and environmental monitoring applications is prompting them to develop specialized GC systems with enhanced capabilities.

*Note:

  1. Source: Coherent Market Insights, Public sources, Desk research

2. We have leveraged AI tools to mine information and compile it