The global market for chromatography accessories and consumables is expected to grow from $4.4 billion in 2022 to $6.5 billion in 2027, with a compound annual growth rate of 8%.

Recently, a set of data released by a foreign research institution showed that the global market for chromatography accessories and consumables is expected to grow from $4.4 billion in 2022 to $6.5 billion in 2027, with a compound annual growth rate of 8% from 2022 to 2027. The investment in pharmaceutical research and development and increasing attention to food safety have promoted the use of global chromatographic solutions, and the continuous development of various industries has also increased the use of chromatographic systems.

Main factors: Investment in drug research and development

Chromatographic technology and new analytical solutions are of great significance in the pharmaceutical industry. The research and development expenditures of top pharmaceutical companies have been increasing in the past few years, and emerging markets have also witnessed an increase in government/company investment in drug research and development. Chromatographic technology has important applications in protein purification and analysis, drug evaluation, and quality control.

Main opportunity: Developing new chromatographic columns for the petrochemical industry

Gas chromatography columns have good sensitivity and reproducibility, which can be better used for volatile substances and are of great significance in the petrochemical industry. The petrochemical industry is continuously growing in emerging markets, and developing new gas phase solutions to address separation challenges is an important opportunity for market participants.

By technology, it is expected that the liquid chromatography sector will have the largest market share in the chromatography accessories market; By 2027, the segmented market is expected to reach 4.3329 billion US dollars from 2.6447 billion yuan in 2021, with a compound annual growth rate of 8.2%.

Due to the launch and application of chromatographic solutions in recent years, scientific research and drug development have also helped the Asian market grow rapidly. It is expected that the chromatographic accessories and consumables market in the Asia Pacific region will grow at the fastest rate.

The North American region, including the United States and Canada, held the largest market share in chromatography accessories and consumables in 2021. By 2027, the North American market is expected to reach $1.6354 billion from $967.8 million in 2021, with a compound annual growth rate of 8.8%. With the continuous increase in research funding and clinical trials, it has also driven the further expansion of the North American market. It is expected that in 5 years, North America will still be the largest market for chromatographic accessories and consumables.

Main market participants: As of 2021, the main participants in the market are Agilent Technologies (USA), Watsch (USA), Shimadzu (Japan), Thermo Fisher Scientific (USA), and PerkinElmer (USA)