The global 2D chromatography market is expected to reach USD 42.4 million by 2023 from USD 29.6 million in 2018, at a CAGR of 7.5% during the forecast period. The base year considered for the report is 2017 and the forecast period is 2018–2023.
Key Growth Drivers
1 R&D Investments By Pharmaceutical Companies and Government Support
2 Policies and Initiatives to Reduce Environmental Pollution
3 Rising Food Safety Concerns
4 Growing Petrochemical Industry
The market is segmented on the basis of product, application, and region. Based on type, the market is segmented into 2D gas chromatography and 2D liquid chromatography. In 2018, the 2D gas chromatography segment is expected to account for the largest share of the global market. 2D gas chromatography is further segmented into 2D GC instruments, 2D GC consumables, and 2D GC accessories.
Based on application, the global 2D chromatography market is segmented into life science research, environmental analysis, food and beverage testing, petrochemical and natural gas analysis, and other applications. The life science research segment is expected to grow at the highest CAGR during the forecast period. R&D investments by pharma companies and government support are driving the growth of the segment.
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