Press Release

Jul, 19 2023

Global Chromatography Solvents Market: A Market to Watch

Chromatography solvents are a class of chemicals used to separate compounds in a mixture. They can be used in a one-part solvent system or a two-part solvent system, depending on the specific application. One-part solvent systems are typically used for simple separations, while two-part solvent systems are used for more complex separations. The use of chromatography solvents in analytical and preparative chromatography has grown significantly in recent years due to a number of factors. First, chromatography solvents are relatively inert and do not require the use of chemical stabilizers. This reduces the environmental impact of chromatography and the cost of disposal. Second, chromatography solvents are available in a wide range of polarities, which allows for the separation of a wide variety of compounds. Finally, chromatography solvents are relatively safe to use, which minimizes the risk of accidents.  

Access Full Report: https://www.databridgemarketresearch.com/ko/reports/global-chromatography-solvents-market

Data Bridge Market Research analyses that the Chromatography Solvents Market was valued at USD 3,202.97 million in 2021 and is expected to reach USD 8,759.06 million by 2029, registering a CAGR of 13.40% during the forecast period of 2022 to 2029. The increased usage of chromatography in cleaning procedures opens up new opportunities for solvents, which is driving the growth of the chromatography solvents market. Furthermore, rising demand for chromatography equipment in various research procedures, as well as advances in proteomics and genomics, are projected to propel the chromatography solvents market forward.

Global Chromatography Solvents Market

 

Growing demand across a wide range of industries is expected to drive the market's growth rate

Chromatography is a versatile technique that is used in a wide variety of industries, including pharmaceutical, food and beverage, environmental testing, and forensics. The increasing demand for chromatography in these industries is driving the growth of the market for chromatography solvents. Chromatography is used to analyze a wide variety of products, including food, beverages, and pharmaceuticals. The increasing stringency of regulations governing the quality and safety of these products is driving the demand for chromatography solvents.  

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014- 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Application (Analytical Chromatography, Preparative Chromatography), Type (Polar Solvents, Non-Polar Solvents), Technology (LC, HPLC, UHPLC, GC, Others), End User (Pharmaceutical, Biotechnology Industry, Academics and Research, Environmental, Cosmetic Industry, Food and Beverage)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Merck KGAA (Germany), Avantor Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Columbus Chemicals (U.S.), Elite Advanced Materials Sdn Bhd (Malaysia), Biosolve Chimie (France), Gfs Chemicals, Inc. (U.S.), Honeywell International Inc. (U.S.), Orochem Technologies Inc. (U.S.), Qualikems Fine Chem Pvt. Ltd. (India), Regis Technologies, Inc. (U.S.), Romil Ltd. (India),  Santa Cruz Biotechnology, Inc. (U.S.), Spectrum Chemical Manufacturing Corp. (U.S.),  Scharlab,S.L (Spain), Tokyo Chemical Industry Co., Ltd (Japan), Tedia Company Inc. (U.S.), VWR International, LLC (U.S.)

Data Points Covered in the Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework

Segment Analysis:

The chromatography solvents market is segmented on the basis of application, type, technology and end user.

  • Based on application, the chromatography solvents market is segmented into analytical chromatography and preparative chromatography.

The analytical chromatography segment of application segment dominates the chromatography solvents market

Analytical chromatography is the dominating segment, with a market share of 60%. This is because analytical chromatography is used to identify and quantify the components of a sample, which is a common requirement in a variety of industries, including pharmaceutical, food and beverage, and environmental testing.

  • Based on type, the chromatography solvents market is segmented into polar solvents and non-polar solvents. Polar solvents are the dominating segment, with a market share of 55%. This is because polar solvents are more versatile than non-polar solvents and can be used to separate a wider range of compounds. Polar solvents are also more compatible with the stationary phases used in liquid chromatography (LC), which is the most common type of chromatography.
  • Based on technology, the chromatography solvents market is segmented into LC, HPLC, UHPLC, GC, and others. LC is the dominating segment, with a market share of 70%. This is because LC is a versatile and sensitive technique that can be used to separate a wide range of compounds. LC is also relatively easy to use and can be automated, which makes it a popular choice for a variety of applications.
  • Based on end user, the chromatography solvents market is segmented into pharmaceutical, biotechnology industry, academics and research, environmental, cosmetic industry and food and beverage.

The pharmaceutical segment of end user segment dominates the chromatography solvents market

Pharmaceutical is the dominating segment, with a market share of 40%. This is because chromatography is a critical tool for the development and testing of new drugs. Chromatography is used to identify and quantify the components of drug mixtures, to purify drugs, and to test the stability of drugs.

Major Players

Data Bridge Market Research recognizes the following companies as the major market players: Merck KGAA (Germany), Avantor Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Columbus Chemicals (U.S.), Elite Advanced Materials Sdn Bhd (Malaysia), Biosolve Chimie (France), Gfs Chemicals, Inc. (U.S.), Honeywell International Inc. (U.S.), Orochem Technologies Inc. (U.S.), Qualikems Fine Chem Pvt. Ltd. (India), Regis Technologies, Inc. (U.S.), Romil Ltd. (India),  Santa Cruz Biotechnology, Inc. (U.S.), Spectrum Chemical Manufacturing Corp. (U.S.),  Scharlab,S.L (Spain), Tokyo Chemical Industry Co., Ltd (Japan), Tedia Company Inc. (U.S.), VWR International, LLC (U.S.).

Chromatography Solvents Market

Market Development

  • In 2022, Thermo Fisher Scientific Inc. launched a new line of chromatography solvents that are designed for use in high-performance liquid chromatography (HPLC). These solvents are said to be more pure and consistent than traditional solvents, which can lead to improved separation and analysis results.
  • In 2023, Honeywell International Inc. announced that it will be investing $10 million in a new research and development facility for chromatography solvents. This facility will focus on developing new solvents and improving the production processes for existing solvents.
  • In 2023, Qualikems Fine Chem Pvt. Ltd. was awarded the "Best Chromatography Solvents Supplier" award by the Indian Chemical Industry Association. This award recognizes the company's commitment to providing high-quality chromatography solvents and its customer service.

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in the chromatography solvents market during the forecast period 2022-2029

North America is currently the dominating region with strong demand from the chemical and manufacturing industries and increasing investment in the healthcare and environmental testing industries in these regions.

Asia-Pacific is estimated to be the fastest growing region in the chromatography solvents market in the forecast period 2022-2029

Asia-Pacific is projected to grow at the highest CAGR over the next few years due to the increasing demand for chromatography solvents in the pharmaceutical and healthcare industries and growing demand for chromatography solvents in the food and beverage and environmental testing industries.

For more detailed information about the chromatography solvents market report, click here – https://www.databridgemarketresearch.com/ko/reports/global-chromatography-solvents-market


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