Market Overview:
The global isopropyl-β-D-thiogalactoside (IPTG) market is expected to register a CAGR of 6.5% during the forecast period, 2018–2030. The market growth can be attributed to the increasing demand for IPTG in research and bio-detection applications. In terms of volume, the North America region accounted for the majority share of the global IPTG market in 2017 and is projected to maintain its dominance during the forecast period. However, Asia Pacific is expected to witness highest growth rate over the forecast period owing to rising demand from countries such as China and India. Based on type, min purity less than 98% held a major share of the global IPTG market in 2017 and is projected to maintain its dominance duringthe forecast period. This can be attributedto growing demand from research applications across various industries such as pharmaceuticals & biotechnology, agriculture & food science, and environmental testing.
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Product Definition:
Isopropyl-β-D-thiogalactoside (IPTG) is a synthetic molecule that is structurally similar to the natural lactose molecule. It is used as a bacterial growth promoter, and binds to the lac operon on the bacteria's DNA, causing transcription of genes involved in lactose metabolism. This allows for increased production of lactose enzymes, which leads to an increase in lactose production.
Min Purity Less Than 98%:
Min Purity Less Than 98% is a special type of Enzyme Commission (EC) number designation used for the purification of enzymes. It indicates that the product being sold should be less than 98% pure and usually it is between 70%-90%. The main function of this particular EC number is to establish a ceiling price for an enzyme, which can be used in commercial scale production.
Min Purity 98%-99%:
Min Purity 98%-99% is a colorless and highly flammable liquid. It has a strong odor of gasoline. Min Purity 98%-99% is used as an intermediate in the production of polymers, pesticides, fungicides, herbicides and other chemical products.
Application Insights:
Research application dominated the global isopropyl-β-D-thiogalactoside market, accounting for over 50% of the total revenue in 2017. The product is widely used in research applications including gene expression analysis and protein crystallization. It has been found to be an effective substitute for ethanol and glycerol as a substrate for proteins, which makes it suitable for use in research applications.
Bio-detection application is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing largely to its rising use as an antimicrobial agent during food processing industries such as canning, freezing or drying foods that are contaminated by bacteria or fungi that grow on the surface of food products due to lack of proper hygiene conditions at production sites or storage facilities where these foods are produced or stored respectively.
Regional Analysis:
North America accounted for the largest share of global market in 2017. The region is expected to maintain its dominance over the forecast period as well due to presence of a large number of biotechnology companies and high adoption rate for new technologies. Moreover, increasing focus on drug discovery activities by major pharmaceutical companies is also one of the key factors driving regional growth.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to rising demand from bio-detection applications in emerging economies such as China and India. Increasing government funding towards life science research coupled with growing awareness among people regarding health benefits associated with biotech crops will drive regional growth further.
Growth Factors:
- Increasing demand for IPTG in the pharmaceutical and biotechnology industries for the production of various drugs and proteins.
- Rising demand from academic research institutes for use in gene cloning, protein expression, and other molecular biology applications.
- Growing popularity of recombinant DNA technology that uses IPTG as a key reagent.
- Increased investment by leading players in R&D to develop new applications for IPTG-based products and technologies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Isopropyl-β-D-Thiogalactoside(IPTG) Market Research Report
By Type
Min Purity Less Than 98%, Min Purity 98%-99%, Min Purity More Than 99%
By Application
Research, Bio-Detection
By Companies
Thermo Fisher Scientific, Abcam, Merck, Cayman Chemical, Santa Cruz Biotechnology, GeneCopoeia, Bioquochem, Geno Technology, Interchim, Biorbyt, LifeSpan Biosciences, Biotium, Beyotime, Shanghai Maokang Biotechnology, Vigorous Biotechnology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Isopropyl-β-D-Thiogalactoside(IPTG) Market Report Segments:
The global Isopropyl-β-D-Thiogalactoside(IPTG) market is segmented on the basis of:
Types
Min Purity Less Than 98%, Min Purity 98%-99%, Min Purity More Than 99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Research, Bio-Detection
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thermo Fisher Scientific
- Abcam
- Merck
- Cayman Chemical
- Santa Cruz Biotechnology
- GeneCopoeia
- Bioquochem
- Geno Technology
- Interchim
- Biorbyt
- LifeSpan Biosciences
- Biotium
- Beyotime
- Shanghai Maokang Biotechnology
- Vigorous Biotechnology
 Market Overview.svg)
Highlights of The Isopropyl-β-D-Thiogalactoside(IPTG) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Min Purity Less Than 98%
- Min Purity 98%-99%
- Min Purity More Than 99%
- By Application:
- Research
- Bio-Detection
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Isopropyl-β-D-Thiogalactoside(IPTG) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Isopropyl-β-D-Thiogalactoside is a chemical compound that is used in the laboratory to studygalactose metabolism.
Some of the major players in the isopropyl-î²-d-thiogalactoside(iptg) market are Thermo Fisher Scientific, Abcam, Merck, Cayman Chemical, Santa Cruz Biotechnology, GeneCopoeia, Bioquochem, Geno Technology, Interchim, Biorbyt, LifeSpan Biosciences, Biotium, Beyotime, Shanghai Maokang Biotechnology, Vigorous Biotechnology.
The isopropyl-²-d-thiogalactoside(iptg) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isopropyl-β-D-Thiogalactoside(IPTG) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Isopropyl-β-D-Thiogalactoside(IPTG) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Isopropyl-β-D-Thiogalactoside(IPTG) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Isopropyl-β-D-Thiogalactoside(IPTG) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Isopropyl-β-D-Thiogalactoside(IPTG) Market Size & Forecast, 2020-2028
4.5.1 Isopropyl-β-D-Thiogalactoside(IPTG) Market Size and Y-o-Y Growth
4.5.2 Isopropyl-β-D-Thiogalactoside(IPTG) Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Min Purity Less Than 98%
5.2.2 Min Purity 98%-99%
5.2.3 Min Purity More Than 99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Research
6.2.2 Bio-Detection
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Isopropyl-β-D-Thiogalactoside(IPTG) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Isopropyl-β-D-Thiogalactoside(IPTG) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Min Purity Less Than 98%
9.6.2 Min Purity 98%-99%
9.6.3 Min Purity More Than 99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Research
9.10.2 Bio-Detection
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Min Purity Less Than 98%
10.6.2 Min Purity 98%-99%
10.6.3 Min Purity More Than 99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Research
10.10.2 Bio-Detection
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Min Purity Less Than 98%
11.6.2 Min Purity 98%-99%
11.6.3 Min Purity More Than 99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Research
11.10.2 Bio-Detection
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Min Purity Less Than 98%
12.6.2 Min Purity 98%-99%
12.6.3 Min Purity More Than 99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Research
12.10.2 Bio-Detection
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Min Purity Less Than 98%
13.6.2 Min Purity 98%-99%
13.6.3 Min Purity More Than 99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Research
13.10.2 Bio-Detection
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Isopropyl-β-D-Thiogalactoside(IPTG) Market: Competitive Dashboard
14.2 Global Isopropyl-β-D-Thiogalactoside(IPTG) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Abcam
14.3.3 Merck
14.3.4 Cayman Chemical
14.3.5 Santa Cruz Biotechnology
14.3.6 GeneCopoeia
14.3.7 Bioquochem
14.3.8 Geno Technology
14.3.9 Interchim
14.3.10 Biorbyt
14.3.11 LifeSpan Biosciences
14.3.12 Biotium
14.3.13 Beyotime
14.3.14 Shanghai Maokang Biotechnology
14.3.15 Vigorous Biotechnology
