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| Gas Chromatography Market Worth 3.90 Billion USD by 2020 | ||
| By: PR Newswire Association LLC. - 10 Feb 2016 | Back to overview list |
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PUNE, India, February 10, 2016 /PRNewswire/ -- The report "Gas Chromatography, Process Analyzers (Liquid & Gas), and Spectroscopy Market by Industry (Oil & Gas, Petrochemical, Pharmaceutical, Water & Wastewater, Food & Beverage, Pulp & Paper, Metal & Mining, and Others), And Geography - Global Forecast to 2020", published by MarketsandMarkets, the global market is expected to grow to USD 3.9 Billion by 2020, at an estimated CAGR of 8.6% between 2015 and 2020. Browse 82 market data Tables and 121 Figures spread through 208 Pages and in-depth TOC on "Gas Chromatography, Process Analyzers (Liquid & Gas), and Spectroscopy Market" http://www.marketsandmarkets.com/Market-Reports/process-analyzers-market-148603279.html Early buyers will receive 10% customization on this report. The major factors driving the growth of this market include the increasing adoption of liquid and gas analyzers in the process industries for monitoring process chemistry, including water quality and gases The gas chromatography market is estimated to reach USD 3.90 Billion by 2020, at a CAGR of 8.60% between 2015 and 2020. The market is majorly driven by the increasing adoption of gas chromatography techniques in the process industries. Gas chromatographs help in measuring various parameters such as fatty acids, amino acids, fragrances, pesticide residues, and adulterants. The spectroscopy market is projected to reach USD 22.04 Billion by 2020, at a CAGR of 8.72% between 2015 and 2020. The factors contributing to the growth of this market include the increased focus on drug safety regulations, where spectroscopy techniques enable the detection of metals in drug samples. The gas chromatography, process analyzers, and spectroscopy markets for the pharmaceutical industry held the largest share in 2014 The global process analyzers, gas chromatography, and spectroscopy markets are industry driven. Based on industry, these markets have been segmented into oil & gas, petrochemical, pharmaceutical, water & wastewater, thermal power, food & beverages, pulp & paper, metal & mining, cement & glass, and others. The global process analyzers, gas chromatography, and spectroscopy markets for the pharmaceutical industry accounted for the largest share in 2014. These markets are expected to grow at a significant rate between 2015 and 2020, driven by increasing adoption of various analyzers in the pharmaceutical industry. In this industry, process analyzers offer drug safety by providing a variety of information on identity, content, quality, purity, and stability of pharmaceutical products. The process analyzers, gas chromatography, and spectroscopy markets for the food & beverages industry expected to grow rapidly during the forecast period The process analyzers, gas chromatography, and spectroscopy markets for the food & beverages industry are estimated to grow at the highest rate during the forecast period. This growth can be attributed to the increasing adoption of gas chromatography and spectroscopy techniques to determine key ingredients in the different phases of the food and beverages manufacturing cycle. The food & beverages industry requires real-time measurement of various unwanted by-products, which are required for the quality and safety of food products. Therefore, these techniques provide monitoring tools for supplier validation, process optimization, and final product testing in reduced costs and improved quality. The process analyzers (liquid & gas), gas chromatography, and spectroscopy markets in the Americas held the largest market size in 2014 The process analyzers (liquid & gas), gas chromatography, and spectroscopy markets in the Americas held the largest size of the global process analyzers market; however, the markets in APAC are expected to exhibit the highest growth rate during the forecast period. The major factors driving the growth of these markets include huge investments by the major players in the process industries such as pharmaceutical, food & beverages, petrochemical, water & wastewater, and oil & gas among others. The process analyzers and related techniques used in these industries help in identifying various hazardous gases and liquids, thereby providing optimum efficiency pertaining to production and maintenance. Inquiry Before Buying: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=148603279 The major players in the global process analyzers (liquid & gas), gas chromatography, and spectroscopy markets are ABB Ltd. (Switzerland), AMETEK Process Instruments (U.S.), Applied Analytics, Inc. (U.S.), Endress+Hauser AG (Switzerland), The Emerson Electric Company (U.S.), GE Analytical Instruments (U.S.), Mettler-Toledo International Inc. (U.S.), PAC L.P. (U.S.), Siemens AG (Germany), Thermo Fisher Scientific, Inc. (U.S.), and Yokogawa Electric Corp. (Japan), among others. The scope of the report covers detailed information regarding the major factors influencing the growth of the process analyzers (liquid & gas), gas chromatography, and spectroscopy markets such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the markets. Browse Related Reports Liquid Analyzer and Service Market by Type (PH/ORP, Conductivity, Chlorine, TOC&COD, Turbidity Analyzer), Service, Application (Petrochemical, Pharmaceutical, Water & Wastewater Treatment, Food & Beverages), and Geography -Global Forecast up to 2020 About MarketsandMarkets MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets SOURCE MarketsandMarkets 
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