logo
logo
Sign in

Ion Chromatography Market Scope Overview, Geography Trends and Investment Feasibility Analysis till 2027

avatar
Cordelia slayer
Ion Chromatography Market Scope Overview, Geography Trends and Investment Feasibility Analysis till 2027

Market Highlights

According to MRFR analysis, the global ion chromatography market is expected to register a CAGR of ~8.51% from 2021 to 2027 and hold a value of ~USD 3,794.96 million in 2027.

The global ion chromatography market is driven by increasing R&D activities, demand for monoclonal antibodies, and various ion chromatography applications in end-use industries such as pharmaceuticals, forensics, etc. In addition, the presence of regulatory standards for ion chromatography is another key factor fueling the market growth. Organizations, such as the International Standard Organizations (ISO), American Society for Testing and Materials (ASTM), United States Environmental Protection Agency (USEPA), and Association of Official Analytical Collaboration (AOAC) have established their regulatory standards for using ion chromatography.

Several key players such as Thermo Fisher Scientific (US), Metrohm (Switzerland), Tosoh Bioscience (Japan), Shimadzu (Japan), Qingdao Shenghan Chromatograph Technology Co., Ltd (China), MembraPure GmbH (Germany), Nittoseiko Analytech Co., Ltd (Japan), Qingdao Puren Instrument (China), East & West Analytical Instruments (China), Qingdao Luhai (China), Sykam (Germany), and Cecil Instruments (UK) are dominating the global ion chromatography market, contributing to a significant revenue share. The prominent players are involved in new product development & launches and organic and inorganic strategies such as agreements, mergers & acquisitions, joint ventures, collaborations, partnerships, and regional expansions to sustain their market positions. For instance, in September 2018, Showa Denko (SDK) (Tokyo) developed a new type of ShodexTM high-performance liquid chromatography (HPLC) column. The "IC SI-36 4D" HPLC column for ion chromatography was launched to analyze anions, which are compatible with hydroxide eluents. Such innovation by the company in the ion chromatography instrument market is another propelling factor for the market growth.

Regional Analysis

Based on region, North America is projected to dominate the global ion chromatography market in 2020. Factors such as the presence of many centers and institutes engaged in the R&D of advanced therapies and increasing use of ion chromatography for applications such as environmental monitoring, food testing, and others. In addition, the presence of regulatory standards in this region is another driving factor for the market growth. For instance, the United States Pharmacopeia (USP) is a non-government not-for-profit organization involved in setting up standards for the use of ion chromatography in pharmaceutical applications.

Europe is expected to hold the second-largest position in the global ion chromatography market in 2020. The key factor attributing to the market growth is the increasing R&D spending to enhance research activities. For instance, in 2018, a report published in Eurostat stated that R&D investment in the EU increased from 2.07 to 2.11%of GDP.

Asia-Pacific is anticipated to be the fastest-growing regional market over the assessment period due to the low cost of ion chromatography instruments by suppliers along with high demand from pharmaceuticals, biotechnology, and environmental laboratory customers. Furthermore, the market growth in the Rest of the World is due to the rising penetration of advanced healthcare technologies in research organizations focused on adopting ion chromatography in countries such as Saudi Arabia and the UAE. Developing Latin American countries such as Argentina, Brazil, and Colombia are also key contributors to the growth of the market.

Segmentation

The global ion chromatography market has been segmented by technique and application.

By technique, the market is segmented into ion-exchange chromatography, ion-exclusion chromatography, and ion-pair chromatography. The ion-exchange chromatography segment held the major share in 2020, owing to the wide range of ion chromatography techniques in various applications such as environmental testing, wastewater analysis, etc. According to a 2017 Separations article, ion chromatography has been accepted worldwide as a reference method for evaluating anions and cations in wastewater management as it enables the replacement of several individual wet chemistry methods for common ions with one instrumental technique. Ion chromatography was widely accepted by many other organizations, such as ASTM and USEPA, as a reference method for water and wastewater analysis.

On the basis of application type, the market has been segmented into environmental testing, pharmaceutical industry, food industry, chemicals industry, and others. The pharmaceutical industry held the largest market share in 2020 due to rising investment by pharmaceutical companies in R&D and the adoption of chromatographic techniques in the pharmaceutical industry.

Key Players

Some of the key players in the global ion chromatography market are Thermo Fisher Scientific (US), Metrohm (Switzerland), Tosoh Bioscience (Japan), Shimadzu (Japan), Qingdao Shenghan Chromatograph Technology Co., Ltd (China), MembraPure GmbH (Germany), Nittoseiko Analytech Co., Ltd (Japan), Qingdao Puren Instrument (China), East & West Analytical Instruments (China), Qingdao Luhai (China), Sykam (Germany), and Cecil Instruments (UK), among others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: [email protected]

collect
0
avatar
Cordelia slayer
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more