Laboratory Chemical Reagents Market Growth Curve To Bend Towards Positive Axis With US$ 34.19 Bn. by year 2029
As per the findings of Zion Market Research study, Laboratory Chemical Reagents Market size is expected to reach US$ 34.19 Bn. by year 2029 at a CAGR of 6.5% during the forecast period.In addition to this, rise in use of laboratory chemical reagents in waste water treatment and myriad industrial & chemical processes will steer growth of laboratory chemical reagents market. In addition to this, they play a crucial role in distillation processes as well as re-crystallization for producing a slew of different commercial products. Apart from this, few of the common applications of laboratory chemical reagents include carboxylation, nitration, acid chloride preparations, Suzuki coupling, ion-exchange reaction, and Williamson’s ether synthesis. In addition to this, breakthroughs in biotechnology such as recombinant DNA synthesis, culturing of cells & tissues, and bio-therapeutics will further contribute towards amplification of laboratory chemical reagents market size. Apparently, industry players are trying to develop eco-friendly products to minimize negative impact of the products on environment as a part of their corporate social responsibility initiative. Such actions will benefit laboratory chemical reagents business growth.
Biotechnology To Lead End-Use Segment Over
The segmental dominance over assessment period can be attributed to massive demand of laboratory chemical reagents in biotechnological activities. In addition to this, need for alleviating GHG emissions in atmosphere has translated into massive allocation of funds by government for developing green products through use of DNA sequencing reagents & protein synthesis. This will translate into manifold growth of segment in upcoming years.
Molecular Biology Segment To Make Notable Contributions Towards Market Revenue By 2026
The growth of molecular biology segment over forecast timeline can be credited to technological breakthroughs in domain of molecular biology. Innovations in molecular biology will contribute notably towards growth of laboratory chemical reagents market size in years ahead.
North American Market To Acquire Number One Position In Years Ahead
Regional market dominance over forecast timespan can be credited to presence of giant players focusing on manufacturing sustainable products. In addition to this, rapid breakthroughs in molecular biology will steer regional market trends.
Key players profiled in the report and lucratively leveraging growth of laboratory chemical reagents market are -
- SAFC Biosciences
- Wako Pure Chemical Industries Ltd.
- Shimadzu Biotech
- GE Healthcare
- Beckman Coulter Inc.
- Sigma-Aldrich Corp.
- Life Technologies Corporation
- Meridian Life Science Inc.
- Promega Corporation
- Takara Bio Inc.
- EMD Chemicals Inc.
- PerkinElmer Inc.
The global Operating Room Integration Market is segmented as follows:
By Product
- Molecular Biology
- Cytokine & Chemokine Testing
- Carbohydrate Analysis
- Environmental Testing
- Cell/Tissue Culture
- Immunochemistry
- Biochemistry
By End-User
- Biotechnology
- Non-Academic
- Academic
- Corporate
By Region
- North AmericaThe U.S.Canada
- EuropeFranceThe UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
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