Global Analytical Gel Permeation Chromatography Market Size By Type (Ambient Temperature, High Temperature), By Application (Academic institutions, Chemical and biochemical companies), By Region, And...
Report Id: 18234 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Analytical Gel Permeation
Chromatography (GPC) Market was valued at USD 1.3 billion in 2023 and is
projected to reach USD 2.1 billion by 2031, growing at a CAGR of 6.1% from 2023
to 2031. The increasing demand for polymer analysis in industries such as
pharmaceuticals, biotechnology, and petrochemicals, along with advancements in
polymer science, are major drivers of the market. GPC is widely used for
determining molecular weight distribution and size of polymers, playing a
crucial role in quality control and research and development in these
industries.
Drivers:
Rising Demand for Polymer Analysis: With
the growth of the plastics and polymer industry, GPC is essential for polymer
characterization, ensuring material quality and consistency.
Advancements in Biotechnology and
Pharmaceuticals: Increasing use of GPC in drug development, biopharmaceutical
analysis, and protein characterization is fueling the market.
Technological Advancements: Innovations in
detectors, such as multi-angle light scattering (MALS), and improvements in the
efficiency and accuracy of chromatography systems are driving growth.
Restraints:
High Initial Investment: The cost of
setting up GPC equipment, including maintenance and operational expertise, is
high, which can hinder adoption, particularly in small-scale labs.
Lack of Skilled Professionals: The
operation of GPC systems requires specialized training, and the shortage of
skilled personnel can limit market growth in certain regions.
Opportunity:
Expansion into Emerging Markets: As
industries expand in regions like Asia-Pacific and Latin America, there is
significant potential for GPC adoption due to the increasing focus on material
analysis and polymer production.
Automation and Integration: The trend
toward automation in lab analysis and the integration of GPC with other
technologies such as mass spectrometry create new opportunities for market
players.
Market
by System Type Insights:
The Single Detector Systems segment
dominated the market in 2023, being cost-effective for general polymer
analysis. However, Multi-detector Systems, which offer greater precision in
determining molecular weight distribution, are expected to witness the highest
growth during the forecast period due to advancements in technology and
increasing demand for high-precision polymer characterization.
Market
by End-use Insights:
In terms of end use, Pharmaceutical and
Biotechnology emerged as the largest revenue contributor in 2023, accounting
for over 40% of the market. GPC's ability to analyze complex biological
macromolecules and polymers is critical for drug development and production.
Petrochemical and Polymer Manufacturing is another significant segment, driven
by the demand for high-quality polymer production.
Market
by Regional Insights:
North America led the market in 2023,
holding the largest share, due to its advanced research infrastructure and
strong presence of pharmaceutical and biotechnology companies. However,
Asia-Pacific is expected to experience the highest growth, driven by the
expansion of the polymer industry and increased R&D activities in the
region.
Competitive
Scenario:
Key players in the Global Analytical Gel
Permeation Chromatography Market include Agilent Technologies, Waters
Corporation, Malvern Panalytical, Shimadzu Corporation, and Tosoh Corporation.
These companies focus on technological innovations and strategic partnerships
to expand their product offerings and strengthen their global market position.
Scope
of Work – Global Analytical Gel Permeation Chromatography Market
|
Report
Metric |
Details |
|
Market Size (2023) |
USD 1.3 billion |
|
Projected Market Size (2031) |
USD 2.1 billion |
|
CAGR (2023-2031) |
6.1% |
|
Key Segments by System Type |
Single Detector, Multi-detector Systems |
|
Key Segments by End-Use |
Pharmaceuticals & Biotechnology,
Petrochemicals, Research Institutes |
|
Leading Region |
North America |
|
Key Players |
Agilent Technologies, Waters Corporation,
Malvern Panalytical, Shimadzu Corporation, Tosoh Corporation |
Key
Market Developments:
2023: Agilent Technologies launched a new
multi-detector GPC system aimed at enhancing polymer characterization
efficiency.
2024: Waters Corporation introduced a fully
automated GPC system with integrated multi-angle light scattering (MALS)
technology for high-precision analysis.
FAQs:
What is the current market size of the
Global Analytical Gel Permeation Chromatography Market?
The market was valued at USD 1.3 billion in
2023.
What is the major growth driver of the
Global Analytical Gel Permeation Chromatography Market?
The rising demand for polymer analysis in
the pharmaceutical, biotechnology, and petrochemical industries is a
significant growth driver.
Which is the largest region during the
forecast period in the Global Analytical Gel Permeation Chromatography Market?
North America is expected to dominate the
market during the forecast period.
Which segment accounted for the largest
market share in the Global Analytical Gel Permeation Chromatography Market?
The Pharmaceuticals and Biotechnology
segment accounted for the largest market share in 2023.
Who are the key market players in the
Global Analytical Gel Permeation Chromatography Market?
Key players include Agilent Technologies,
Waters Corporation, Malvern Panalytical, Shimadzu Corporation, and Tosoh
Corporation.
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