Technavio analysts forecast the global portable gas chromatography market to grow at a CAGR of over 5% during the forecast period, according to their latest market research report.
The increasing number of conferences to create awareness about modern gas chromatography is one of the major trends being witnessed in the global portable gas chromatography market 2018-2022. Events and conferences related to gas chromatography and modern gas chromatography techniques are rising to increase the awareness of these techniques among end-users and industry peers while discovering knowledge and find the resources to support the growing number of applications.
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According to Technavio analysts, one of the key factors contributing to the growth of the global portable gas chromatography market is the growing applications for portable gas chromatography:
Global portable gas chromatography market: Growing applications for portable gas chromatography
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The applications of portable gas chromatographs are increasing in different industries to meet the growing requirements of these industries. The instrument is used for environmental applications to determine the chemical present in the environment due to factors like industrial release or natural fibers.
According to a senior analyst at Technavio for research on life science research tools, Portable gas chromatography is used for the analysis of food composition, food additives, flavor, and aroma components. It is used to identify volatile components in foods and analyzes fatty acids, sterols, alcohols, and oils. Such advantages provided by portable gas chromatography have increased their applications, thereby increasing its demand during the forecast period.
Global portable gas chromatography market: Segmentation analysis
The global portable gas chromatography market research report provides market segmentation by the application (oil and gas, food and agriculture, and others) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
In 2017, the oil and gas sector held the largest market share in the application segment, contributing to almost 40% of the market. This application segment will continue to dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for more than 44% share, followed by EMEA and APAC respectively. The dominance of the Americas can be due to the presence of several vendors in the region.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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