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"Asia-Pacific is Expected to Drive the Chromatography Solvents Market in the Future Years 2016 to 2022" a New Report by Data Bridge Market Research


Global Chromatography Solvents Market Trends and Forecast to 2022 (By Type Polar, Non Polar); (By Technology LCMS, HPLC, UHPLC); (By Application Analytical, Preparative Chromatography); By End-User and (By Geography - North America, Europe, APAC, Rest of the World)

Dallas, TX, March 27, 2016 --(PR.com)-- Chromatography is a technique used for the analysis, separation and purification of complex mixtures. The introduction of chromatography techniques like HPLC and gas chromatography have brought a paradigm shift in this market, enabling researchers to separate compounds of high degree of complexity from small volume of sample. Chromatography is majorly used by the FDA and other medical approval agencies for food and drug safety approvals. It may also be used in lead compound quality control, content uniformity tests, assay, evaluation of related compounds and stability testing. Chromatography techniques are widely used in biotechnology applications such as separation of monoclonal antibodies, proteins, nucleic acids and many other biomolecules. The increasing usage of chromatography in environmental testing, food safety and drug development is expected to drive the chromatography solvents market.

The global chromatography solvents market was valued at USD 1.5 billion in 2015 and is expected to reach USD 2.9 billion by 2022, growing at a CAGR of 9.9% in the forecasted period. The market is expected to experience a prolific growth in the forecasted period due to the high emphasis being given to environmental testing, pollution control, food safety, drug development and other biotechnology driven research. Apart from this the increased funding in healthcare and government grants for food safety and environmental protection is fueling the growth of this market.

With the advent of advanced chromatographic techniques, such as performance liquid chromatography (HPLC), ultra-high performance liquid chromatography (UHPLC), flash chromatography, and hydrophilic interaction liquid chromatography there has been several enhancements in the property of the solvents used in these techniques. Derivatization solvents such as silylation, alkylation, acylation, and ion pairing solvents are being used in the analytical chromatographic procedures to enhance the separation process.

The application of solvents in analytical chromatography processes is considerably higher than in preparative processes. The chromatography solvents market for analytics application is 70% in 2015. This is due to the fact that analytical chromatography is widely used in pharmaceutical, academics, food and beverages, nutraceutical, and cosmetics industry. The preparative chromatography solvents are expected to grow at a higher CAGR of 14.2% in the forecast period of 2016 to 2022, owing to the growth of usage of chromatography is separation of biomolecules and large volume preparation in the bioprocessing industry.

By geography the chromatography solvents market is segmented into 4 regions North America, Europe Asia Pacific and Rest of the World. North America leads the market accounting a share of 42.1% in 2015 followed by Europe and Asia-Pacific. While the markets of North America and Europe are on the verge of reaching its maturity Asia Pacific is growing at the highest CAGR of 13.2% in the forecast period. This is due to global pharmaceutical companies outsourcing their manufacturing to Asian countries to achieve economies of scale. Such activities are projected to propel the growth of Asia chromatography solvents market.

Major players operating in this market are adopting to mergers and acquisition as key strategy for growth in the recent years. Some examples in this market are Merck KGaA completed the acquisition of Sigma Aldrich Co. LLC in June 2015, Thermo Fisher Scientific Inc. acquired Life Technologies in 2014 and agreed to an acquisition agreement with Alfa Aesar in order to expand their portfolio in chemicals, solvents and reagents to support every laboratory application, including research drug discovery, and development.

Based on End-Users the chromatography solvents are mostly used in pharmaceutical and biotechnology industry in 2015 followed by academics, research and government institutes, environmental, cosmetic industry, and food and beverage industry segments.

Some of the major players operating in this market are EMD-Millipore, Avantor Performance Materials, Tedia Company, Inc., Regis Technologies, Inc., Thermo Fisher Scientific, Inc., VWR International, Qualikems Fine Chem Pvt. Ltd. among others.

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