Chiral Chromatography Columns Market worth $87.8 M by 2018, According to a New Study on ASDReports

Monday 29 September 2014, Amsterdam

$ The new report, now available on ASDReports, “Chiral Chromatography Columns Market by type (Empty, Pre-packed, Analytical, Preparative), by Material (Metal, Glass, Plastic), by Application [GC, LC (HPLC, UHPLC, Flash Chromatoraphy, UFLC), TLC,SFC] - Forecast to 2018”analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia, and Rest of the World.

This report studies the market over the forecast period of 2013 to 2018.The market size by value was $68 million in 2013. It is poised to grow at a CAGR of 5.2% from 2013 to reach $87.8 million by 2018.

The market is categorized into five broad segments, namely, materials, columns, applications, end users and geography. The market by materialsis segmented into glass, metals and plastic. The market for columns is segmented into empty and pre-packed columns.By applications, the market is segmented into gas chromatography (GC) systems, liquid chromatography systems, supercritical fluid chromatography (SFC) systems and thin-layer chromatography systems (TLC). By end users, the market is broadly categorized into cosmetics, pharmaceuticals, environmental biotechnology, academics, food and beverage, hospitals, nutraceuticals, and other industries. By geography, the market is segmented into North America, Europe, Asia, and Rest of the World (RoW).

The expanding global biotechnology and pharmaceutical industries, and increasing government investments, funds, and grants have stimulated the usage of advanced chromatographic techniques in biotechnology and pharmaceutical industries. Furthermore, research activities in medicines, proteomics, metabolomics, and genomics have increased the application areas of chiral columns. Various factors such as technological advancements, government investments in chromatography techniques, and increasing tie-ups with research laboratories and academic institutes are propelling the growth of the market.

North America accounts for the largest share of the market, due to augmented research for drug and biologic development, chromatography conferences, and direct and indirect government investments in the chromatography instrumentation market. The Asian chiral columns market is expected to witness high growth in the forecast period. The outsourcing of drug discovery and development services to the Asian region (especially China and India)by prominent pharmaceutical companies is, alongside other factors, propelling the demand for separation techniquesin Asia.

Major players in the market include Agilent Technologies (U.S.), Waters Corporation (U.S.), Phenomenex, Inc. (U.S.), Shimadzu Corporation (Japan), Thermo Fisher Scientific, Inc. (U.S.), GE Healthcare (U.K.), Sigma-Aldrich Corporation, and Others.