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Chromatography solvents include chloroform, methanol, ethanol, vinegar, acetone, turpentine, vegetable or mineral oils. These solvents are ideal for separating components of a mixture. In chromatography, these solvents are rarely used as pure, either they mix with water or with other solvents. They are categorized into polar and non-polar solvents. Whereas, chromatography is a process, which is adopted for the partition of blends for cutting edge use. Moreover, chromatography solvents provide the concept of elution strength. These factors surge the product demand in a wide range of industries such as food & beverage, cosmetics, pharmaceutical & biotechnology, academic, research industries.
The increasing demand for polar chromatography solvents will fuel the growth in the chromatography solvents market. The demand is attributed to the extensive use of polar chromatography solvents in the liquid chromatography-mass spectrometry (LCMS). The polar chromatography solvents also find their application in the analytical & perspective chromatography, which is highly adopted in pharmaceutical and biotechnology. The rapid growth in the pharmaceutical industry coupled with rising product enhancement will help to boost the consumption of chromatography solvent. Hence, this will contribute to fuel the chromatography solvents market growth during the review period.
However, the high cost of acetonitrile which is the most commonly adopted product is the key aspect, which is restraining the growth in the chromatography solvents market.
Key Market Driver -
The rising demand of polar chromatography solvents will drive the market growth.
Key Market Restraint -
High cost of acetonitrile to hamper the market growth.
Based on solvent type, the chromatography solvents market is segmented into non-polar solvents and polar solvents. Based on application, the market is segmented into preparative chromatography and analytical chromatography. Based on end-use, the market is segmented into food & beverage industry, cosmetics industry, pharmaceutical & biotechnology industry, academic, research & government institutes. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
The key players in the chromatography solvents market include Avantor Performance, Sigma-Aldrich, Bio-Rad Laboratories Inc., VWR International, Qualikems Fine Chem Pvt. Ltd., EMD Millipore, Tedia Company, GE Healthcare, Thermo-Fisher Scientific, and Regis Technologies Inc.
North America is anticipated to witness highest growth in the chromatography solvents market. The growth is attributed to the rising demand for polar solvent in the pharmaceutical industry. The rapidly growing food & beverage industry will fuel the market growth in Asia Pacific. In Europe, the growth is due to the rising demand for non-polar solvents from the cosmetic industry. The Middle East & Africa is anticipated to witness significant growth, owing to the rising product demand in research & government institutes.
Key Market Driver -
The rising demand of polar chromatography solvents will drive the market growth.
Key Market Restraint -
High cost of acetonitrile to hamper the market growth.
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