Chiral Separation Chromatography Columns Market is Expected to Reach $87.7 Million by 2019, at a CAGR of 5.2% from 2014 to 2019
FORT WORTH, Texas, March 6, 2015 /PRNewswire/ --
The global chiral separation chromatography columns report defines and segments the concerned market by region North America with an analysis and forecast of the revenue. The global chiral separation chromatography columns market in was valued at $ 64.1 million in 2012 and is estimated to grow to about $87.7 million by 2018, at a CAGR of 5.2% from 2013 to 2018.
Browse through the TOC of global chiral separation chromatography columns market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.
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The chiral separation chromatography market in North America has the largest share, globally. The demand for the North American chiral separation chromatography columns is anticipated to increase in future, due to increased funding by the U.S. Government in medical research, rise in the demand for green technologies, and the growing concerns of food safety that require chromatography techniques for quality checks. Increasing tie-ups by companies with research laboratories and academic institutes are also set to help the growth of this market in the near future. The U.S. contributes the most to this region leading to higher growth rate for this market when compared to the Canadian market. As of 2013, the U.S. contributed a major share of about 83% to the North American chiral separation chromatography columns market.
The European region is the second largest market in the chiral separation chromatography columns market that is projected to grow at a CAGR of 5% from 2013 to 2018. A rise in government investments in the chromatography techniques market in France, new international Goods Manufacturing Practices (GMP) & GDP certification guidelines for pharmaceutical excipients, and advancements in the chromatography instruments technology are factors that will help with the growth of this market. Germany had the highest share of 23.1% in the European chiral separation chromatography columns market in 2013. However, the need for different stationary phases for different enantiomers and high costs associated with the performance of HPLC-chiral on compounds that are difficult to separate are a few factors that may hinder the growth of this market.
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The Asian region is anticipated to increase its share and grow significantly in future, due to an increase in chromatography-based research in Asian regions such as India, increased investments by governments in countries such as China, increasing use of chromatography instruments in Japan, and increasing demand for analytical instruments in countries such as China. The chiral separation chromatography columns market in Asia is further expected to grow with an increasing number of companies that invest in the Asian region.
This market is segmented and forecasted on the basis of materials and various types of chiral separation chromatography columns, globally. Materials such as glass, plastic, metals, and types such as pre-packed columns and empty columns have been discussed. The market is further segmented and forecasted on the basis of major countries, such as the U.S. and Canada, along with applications and end-users.
This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market that include major companies of the market.
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The European Chiral Separation Columns Market is considered to be one of the largest markets in the global chiral separation columns market. The growth of the market has been attributed to an increase in funding by the governments and organizations related to chromatography techniques and developed chromatography technologies.
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