China’s Gas Chromatography Market Surges at 6.6% CAGR, While U.S. Leads at $1.2 Billion in 2022, Supported by the Oil & Gas Sector

DUBLIN, Oct. 31, 2023 /PRNewswire/ — The “Gas Chromatography Systems – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

The global Gas Chromatography Systems market, valued at USD 2.8 billion in 2022, is projected to reach USD 4.1 billion by 2030, with a compound annual growth rate (CAGR) of 4.8% during the forecast period from 2022 to 2030. Among the segments analyzed, Accessories & Consumables is anticipated to record a CAGR of 4.8%, reaching USD 1.8 billion by 2030. The Reagents segment is estimated to grow at a CAGR of 5.3% over the next eight years.

Key Market Insights:

Accessories & Consumables Segment: This segment is expected to exhibit significant growth, with a CAGR of 4.8%, reaching USD 1.8 billion by 2030.
Reagents Segment: Growth in this segment is estimated at a CAGR of 5.3% during the forecast period.
Geographic Trends: The U.S. market is estimated at USD 1.2 billion in 2022, while China is forecasted to grow at a CAGR of 6.6% to reach USD 631.9 million by 2030. Japan and Canada are also noteworthy markets, each expected to grow at 3.2% and 3.8%, respectively. Germany, within Europe, is forecasted to grow at approximately 4.4% CAGR.

Key Competitors:

The Gas Chromatography Systems market features a total of 89 key competitors, including:

Agilent Technologies, Inc.
Emerson Electric Company
Elster Group GmbH
Ametek Process Instruments
Buck Scientific, Inc.
Angstrom Advanced, Inc.
Gibnik
Defiant Technologies
Electronic Sensor Technology, Inc.
Focused Photonics, Inc.
Galvanic Applied Sciences, Inc.
COSA Xentaur
Biobase Meihua
Energy Support GmbH
BET Interactive, LLC, a wholly owned subsidiary of Black Entertainment Television LLC

Economic Outlook:

The global economic outlook is showing signs of improvement, with growth recovery expected in the coming years. The United States, although experiencing slowing GDP growth due to tight monetary and financial conditions, has overcome the recession threat. China is expected to witness strong GDP growth as the pandemic recedes, and India is on track to become a trillion-dollar economy by 2030.

Challenges remain, including slower-than-expected decline in global headline inflation, food and fuel inflation in many developing countries, high retail inflation, and continued impact on consumer confidence and spending. Governments are addressing these challenges, and there is a push to mainstream climate change into economic decisions.

New technologies, including AI, machine learning, quantum technologies, and renewables, are expected to drive growth and value to global GDP in the coming years.

What’s New?

Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of COVID-19 on the Year 2020: A Year of Astounding Disruption
COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
Industrial Activity Remains Subdued, Inducing Temporary Weakness into Chromatography Systems Market
Percentage of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of August 2020
Global PMI Index Points for the Years 2018, 2019 & 2020
Gas Chromatography Systems: Product Overview
Introduction to Chromatography
Chromatographic Techniques
World Chromatography Market by Technique: 2019
Gas Chromatography Systems: A Quick Primer
Basic Components of a GC
Inherent Problems in the Use of Chromatography Systems
Functioning of Gas Chromatographs
Design Challenges & Manufacturers’ Solutions
Multi-Dimensional Gas Chromatography: A Technical Run-Through
Overview of End-Use Industries
Global Gas Chromatography Systems Market: Prospects & Outlook
GC vs LC: The Tussle Continues
Developed Markets Lead; Developing Regions to Fuel Growth
World Gas Chromatography Systems Market by Region (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
World Gas Chromatography Systems Market – Geographic Regions Ranked by CAGR (Sales) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
Oil & Gas and Pharma & Biotech Segments Continue to Lead the Suite
World Gas Chromatography Systems Market by End-Use (2020 & 2027): Percentage Breakdown of Sales for Oil & Gas, Pharma & Biotech, Environmental Labs, Food & Beverage, and Other End-Uses
Competitive Landscape
Manufacturers Push for Innovation to Sustain Growth
Recent Market Activity
Gas Chromatography Systems – Global Key Competitors Percentage Market Share in 2021 (E)
Leading Players in the Global Gas Chromatography/Mass Spectrometry Market (2019): Percentage Breakdown of Revenues for Agilent, Perkin Elmer, Shimadzu, Thermo Fisher and Others
Chromatography Accessories and Consumables Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Chromatography Media/Resins (Type) Global Competitor Market Share Positioning for 2019
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2021 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Major Trends and Growth Drivers in Gas Chromatography
Potential Future Developments in Gas Chromatography
Design Transformations Shaping Future of GC Technology
Innovations Leading to Reduction in Time to Analysis
Growing Preference for Multidimensional Systems
Hyphenated GC Instruments Denting Prospects of Standalone GC Sales
Rising Demand in Pharma & Biotech Sectors
Impurity Detection in Pharmaceutical Drugs Brings Forth Need for Gas Chromatography
World Pharmaceutical R&D Spending in US$ Billion: 2015, 2019(E) & 2025(P)
World Healthcare Spending in US$ Trillion: 2015, 2019(E) & 2025(P)
Gas Chromatography-Mass Spectrometry for Impurity Detection
Market Gains to Continue in Environmental Research & Monitoring Applications
Oil & Gas: Major End-Use Sector
Global Oil & Gas E&P Industry Spending (2015-2021E)
Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2020
Stringent Regulations Drive Demand from the Food & Beverage Sector
World Food Safety Testing Revenues in US$ Billion: 2011, 2015, 2020(P) & 2025(P)
Gas Chromatography Steps on Gas with Favorable Trends & Developments
Advances in GC Technology
Enhanced Workflows & Flexibility with Advanced Modules
TLC Vs. HPLC Vs. GC
Experimentation with Phases and Columns to Continue
Manufacturers Persist with Development of New Detectors
Miniaturization Captivates Manufacturers in New Product Development
Miniature GCs under Development to Aid Early Detection of Diseases in Crops
Portable Gas Chromatographs Remain a Niche Market
Gas Chromatography Challenges Warranting Manufacturers’ Attention
Trends Favoring Gas Chromatography-Mass Spectrometry (GC-MS)
Supply Shortages Dent Helium Demand in Gas Chromatography
World Helium Demand by Geographic Region (2020): Percentage Breakdown of Volume Demand for North America, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin America
World Helium Market by Application (2020): Percentage Breakdown of Volume Consumption for Chromatography, Controlled Atmospheres, Coolant, Purging Gas, Welding and Others
Alternatives to Helium in GC Market: An Overview of Various Options
Hydrogen as a Substitute to Helium
Nitrogen as a Substitute to Helium in Gas Chromatography
Helium Conservation: An Imperative Step
Gas Generators: Increasing Role in Combating Helium Supply Constraints
Research & Technological Developments in the Recent Past

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/2lec30

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