A report on the Chromatography Tubing Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Chromatography Tubing Market. The historic years considered for the study are 2015-2020 the base year is 2021, and the forecast period is 2021-2026.
The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.
Market Analysis
The Chromatography Tubing Market is expected to grow at a CAGR of 5.5% to reach a market value of US$ 25.9 million by 2026.
The Market is segmented by Product Type (Column Tubing and Autosampler Loop Tubing), by Material Type (PEEK Tubing, Stainless Steel Tubing, and Other Tubing), by Technology Type (HPLC, UPLC, and Others), by Application Type (Biotechnology, Pharmaceutical, Petrochemical, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on Chromatography Tubing Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.
Report Features
The report delivers a detailed view of the industry based on Chromatography Tubing Market size, Market growth, and opportunities. The report also analyses Market key aspects such as-
– Market structure: Overview, industry life cycle analysis, supply chain analysis
– Covid-19 Impact analysis.
– Market environment analysis: Growth drivers and constraints, and SWOT analysis.
– Market trend and forecast analysis.
– Market segment trend and forecast.
– Competitive landscape and dynamics: Market share, product launches, etc.
– Attractive Market segments and associated growth opportunities.
– Emerging trends.
– Strategic growth opportunities for the existing and new players.
The research provides in-depth analysis of the important elements that drive Market growth, including growth potential, opportunities, current Market trends, industry-specific obstacles, and dangers.
Key Segments Chromatography Tubing Market Report Covers:
On the basis of product type, the market is divided into autosampler loops and column tubes. A bulk of autosampler loops are used in high-performance liquid chromatography, such as HPLC and UPLC. In 2020, the market for autosampler loops was several times that of column tubes. It (autosampler loop tube) is also expected to be the faster-growing segment as compared to the column tubes during 2021-2026, propelled by the rising demand for HPLC and UPLC devices.
Based on the material type, the market is segmented into PEEK tubing, stainless steel tubing, and other tubing. Since stainless steel has several advantages such as low cost, high availability, and ability to support high pressure. It is the major material used in chromatography tubes. However, despite all these features, it is a heavy material, which results in increasing the operating costs. Therefore, the manufacturers of chromatography tubes are gradually shifting towards the usage of peek polymer, which not only possesses all the positive qualities of stainless steel but is also an inert and lightweight material, albeit a bit expensive. Other materials, such as titanium and nickel, are also used for manufacturing chromatography tubes, but they are not as widely used as stainless steel and peek polymer.
Similarly, based on application type, the market has been classified into pharmaceutical, biotechnology, petrochemical, and others. Among these applications, pharmaceutical and biotechnology were dominant in 2020, collectively accounting for over two-thirds of the total market share in the same year. Moreover, due to a number of factors such as the rising investments in the manufacturing of drugs and increasing development of pharmaceutical infrastructure along with the establishment of new medical centers in various parts of the globe, the pharmaceutical application is likely to be the fastest-growing market segment, during the forecast period.
As a large number of chromatography system manufacturers, component manufacturers, distributors, and raw material suppliers are present in the North American region, it dominated the global market in 2020. Also, Asia Pacific is estimated to be the fastest-growing region during 2021-2026, due to the large investments in the life science, oil and gas, and agriculture sectors, in recent years. The countries such as China, India, and Japan are expected to contribute majorly to the regional growth.
According to the report, brands or companies that are leading globally in this Market are –
- Agilent Technologies
- Shimadzu Corporation
- Thermo Fisher Scientific
- Tosoh Corporation
- Waters Corporation
- HandyTube Corporation
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