The global 2D Chromatography market size is expected to grow from USD 33.4 million in 2020 to USD 48.5 million by 2026 at a CAGR of 6.4%.
The ongoing COVID-19 pandemic has increased the adoption levels of 2D chromatography in various applications. Many researchers are aggressively using the concept of 2D chromatography to understand the gene structure of Sars-CoV-2 and to develop preventive measures. Considering the fact aforementioned, the global 2D chromatography market is forecasted to register better growth statistics during the forecast period.
The growth of this market is driven largely by factors such as pollution reduction programs, R&D investment by pharma companies, government support, and the growing petrol industry. Y-O-Y growth in the number of research activities happening across the world is expected to encourage the growth rate of the market.
On the other hand, the scarcity of human resources who handle the 2d chromatography operations is predicted to hamper the growth rate of the market during the forecast period.
Segments covered in this report:
This report on the global 2D chromatography market includes the following segmentation and market size and CAGR were calculated for each segment.
2D Chromatography Market Analysis - By Product:
2D Gas Chromatography (GC Instruments, GC Consumables and GC Accessories)
2D Liquid Chromatography (LC Instruments and LC Consumables)
Based on the product, the 2D gas chromatography segment is expected to rule the market during the forecast period. On the other hand, the 2D liquid chromatography segment is also estimated to showcase a healthy CAGR between 2021 to 2026.
2D Chromatography Market Analysis - By Application:
Life Science Research (Pharmaceutical and Biopharmaceutical Applications, Biotechnology Applications)
Food and Beverage Testing
Petrochemical and Natural Gas
By application, the life science research segment is expected to grow at the highest CAGR during the forecast period. R&D investment by pharma companies and government funding is driving the segment growth.
2D Chromatography Market Analysis - By Region:
Middle East and Africa
Regional segments in this report are North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Among these, North America is expected to register the highest growth from 2020 to 2026. This growth could be attributed to increased R&D activities in the pharmaceutical industry, the growing oil and gas industry in the US, rising food safety concerns and government programs to improve laboratory infrastructure and government investment in environmental protection in Canada.
In 2020, the European 2D chromatography market was the second-largest regional market worldwide and is estimated to grow at a significant CAGR during the forecast period. In this region, UK and Germany are expected to play a key role in the coming years.
On the other hand, the APAC 2D chromatography market is estimated to accelerate at a solid CAGR during the forecast period. Emerging economies such as India and China are expected to shine in this regional market from 2021 to 2026.
Key Market Participants
The major vendors of the 2D Chromatography market are Agilent Technologies (US), LECO (US), Waters (US), and Shimadzu (Japan), Restek (US), SepSolve Analytical (UK), Merck (Germany), Danaher (US), Bio-Rad Laboratories (US), and Thermo Fisher Scientific (US).