Chromatography Solvents Market Size, Share & Industry Analysis, By Solvent Type (Non-Polar Solvents, Polar Solvents), By Application (Preparative Chromatography, Analytical Chromatography), By End-Use (Food & Beverage Industry, Cosmetics Industry, Pharmaceutical & Biotechnology Industry, Academic, Research & Government Institutes) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105348 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Chromatography solvents include chloroform, methanol, ethanol, vinegar, acetone, turpentine, vegetable or mineral oils. These solvents are ideal for separating components of a mixture. In chromatography, these solvents are rarely used as pure, either they mix with water or with other solvents. They are categorized into polar and non-polar solvents. Whereas, chromatography is a process, which is adopted for the partition of blends for cutting edge use. Moreover, chromatography solvents provide the concept of elution strength. These factors surge the product demand in a wide range of industries such as food & beverage, cosmetics, pharmaceutical & biotechnology, academic, research industries.

The increasing demand for polar chromatography solvents will fuel the growth in the chromatography solvents market. The demand is attributed to the extensive use of polar chromatography solvents in the liquid chromatography-mass spectrometry (LCMS). The polar chromatography solvents also find their application in the analytical & perspective chromatography, which is highly adopted in pharmaceutical and biotechnology. The rapid growth in the pharmaceutical industry coupled with rising product enhancement will help to boost the consumption of chromatography solvent. Hence, this will contribute to fuel the chromatography solvents market growth during the review period.

However, the high cost of acetonitrile which is the most commonly adopted product is the key aspect, which is restraining the growth in the chromatography solvents market.

Key Market Driver -

The rising demand of polar chromatography solvents will drive the market growth.

Key Market Restraint -

High cost of acetonitrile to hamper the market growth.

Market Segmentation:

Based on solvent type, the chromatography solvents market is segmented into non-polar solvents and polar solvents. Based on application, the market is segmented into preparative chromatography and analytical chromatography. Based on end-use, the market is segmented into food & beverage industry, cosmetics industry, pharmaceutical & biotechnology industry, academic, research & government institutes. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Key Players Covered:

The key players in the chromatography solvents market include Avantor Performance, Sigma-Aldrich, Bio-Rad Laboratories Inc., VWR International, Qualikems Fine Chem Pvt. Ltd., EMD Millipore, Tedia Company, GE Healthcare, Thermo-Fisher Scientific, and Regis Technologies Inc.

Key Insights

Key Emerging Trends – For Major Countries

Key Developments: Mergers, Acquisition, Partnership, etc.

Latest Technological Advancement

Insights on Regulatory Scenarios

Porters Five Forces Analysis

Regional Analysis:

North America is anticipated to witness highest growth in the chromatography solvents market. The growth is attributed to the rising demand for polar solvent in the pharmaceutical industry. The rapidly growing food & beverage industry will fuel the market growth in Asia Pacific. In Europe, the growth is due to the rising demand for non-polar solvents from the cosmetic industry. The Middle East & Africa is anticipated to witness significant growth, owing to the rising product demand in research & government institutes.

Key Market Driver -

The rising demand of polar chromatography solvents will drive the market growth.

Key Market Restraint -

High cost of acetonitrile to hamper the market growth.

Segmentation

ATTRIBUTES	DETAILS
By Solvent Type	Non-Polar Solvents Polar Solvents
By Application	Preparative Chromatography Analytical Chromatography
By End-Use	Food & Beverage Industry Cosmetics Industry Pharmaceutical & Biotechnology Industry Academic Research & Government Institutes
By Geography	North America (U.S. and Canada) Europe (UK, Germany, France, Italy, Spain, and Rest of Europe) Asia Pacific (Japan, China, Taiwan, India, South Korea, Southeast Asia, and Rest of Asia Pacific) Latin America (Brazil, Mexico, and Rest of Latin America) Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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