India chromatography solvents market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
On the basis of application the India chromatography solvent’s market is segmented into analytical chromatography and preparative chromatography. In 2018, analytical chromatography is expected to dominate the India chromatography solvents market with the highest market share by 2025. However, preparative chromatography is expected to grow at the highest CAGR of 16.6% during the period of 2018-2025.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
Market Segmentation for India Chromatography Solvents Market
The India chromatography solvents market is segmented into;
1.Application
2.Type
3.End User
4.Technology
On the basis of type the India chromatography solvents market is categorized into polar solvents and non-polar solvents. In 2018, polar solvent?s is expected to dominate the India chromatography solvents market w. However, non-polar solvents segment is expected to grow at the highest CAGR. On the basis of end user India chromatography solvents market is segmented into pharmaceutical, biotechnology industry, academics and research, environmental, cosmetic industry and food and beverage. In 2018, pharmaceutical segment is expected to dominate the India chromatography solvents market However, food and beverage segment is expected to grow at the highest CAGR On the basis of technology the India chromatography solvents market is segmented into LC, HPLC, UHPLC, GC and others. In 2018, LC segment is expected to dominate the India chromatography solvents market However, HPLC segment is expected to grow at the highest CAGR in the forecast period, 2025
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Prominent factors driving the growth of this market consist of growing importance of chromatography tests in drug approvals, Increasing use of chromatography as a separation technique in food & beverage industry and Increasing government spending to support life sciences R&D are fueling the growth of chromatography solvents market.
Key Market Players for India Chromatography Solvents Market
5Avantor Inc.
6Merck KGaA
7Thermo Fisher Scientific Inc.
8Qualikems Fine Chem Pvt. Ltd
9Regis Technologies, Inc.
10Tedia Company Inc.
11VWR International, LLC
12WATERS and others
Recent Developments in the market
1.? In November 2017, Avantor Inc(U.S.) acquired VWR corporation to enhance long term industry dynamics to accelerate the growth of the market. With this acquisition, Avantor?s high purity materials will enable the organization to meet the customer requirements globally.
1.? In September 2018, Thermo Fisher Scientific acquired advanced bioprocessing business from Becton, Dickinson and Company (U.S.) to enhance cell culture media formulations to reduce variability and improve yield in biopharmaceutical applications. Hence with the Increasing biopharmaceutical applications, the company will generate more revenue..
Key Takeaways
Factors such as growing importance of chromatography tests in drug approvals, Increasing use of chromatography as a separation technique in food & beverage industry and Increasing government spending to support life sciences R&D enhances the growth of chromatography solvents market.
Key factors of the report
The report covers the present scenario and the growth prospects of the India chromatography solvents market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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