Market Overview:
The global laboratory chemicals market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laboratory chemicals from academic and research institutes, and quality control laboratories. Additionally, the growing awareness about the benefits of using laboratory chemicals is also contributing to the growth of this market. The global laboratory chemicals market by type is segmented into cytokine and chemokine testing, molecular biology, immunochemistry, carbohydrate analysis, cell/tissue culture, biochemistry and others. The molecular biology segment accounted for the largest share of this market in 2017 owing to its wide application in life science research activities. The immunochemistry segment is projected to grow at a highest CAGR during the forecast period due its increasing use in drug discovery and development processes. On basis of application,the global Laboratory Chemicals Marketis divided into academic institutions & research centers; quality control laboratories; contract research organizations (CROs) & pharmaceutical companies; food & beverage industry; environmental testing laboratories; forensic labs.; veterinary diagnostic labs., among others .
Product Definition:
Laboratory chemicals are used in laboratories to perform experiments, tests and other research. They include solvents, acids, bases and other reagents that are used to produce specific results. Laboratory chemicals play a critical role in the development of new medicines, products and technologies.
Cytokine and Chemokine Testing:
Cytokine and chemokine are the two types of interleukins. Cytokines are soluble proteins that are produced by cells of the immune system such as T cells, B cells, natural killer (NK) Cells and dendritic cells.
Molecular Biology:
Molecular biology and it's usage in laboratory chemicals market is expected to grow at a lucrative rate during the forecast period. The key drivers for this market are increasing demand for biotechnology products, growing number of research laboratories, rising expenditure on R&D by pharmaceutical and biotechnology companies.
Application Insights:
The academic segment dominated the global laboratory chemicals market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to the increasing number of research activities at various institutions across the world. For instance, according to data published by National Cancer Center Japan, an estimated 1,oneliness kills nearly 6 million people globally every year and around half of these deaths occur in Asia Pacific region which indicates that there is a high demand for diagnostic tests for cancer especially molecular pathology tests which are used during cancer treatment planning stages.
Research & development segment held the largest market share in 2017 owing to its core functions such as drug discovery & testing and quality control procedures being carried out throughout various industries such as pharmaceuticals, biotechnology etcetera making it one of the leading players on regional level too.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of global players, increasing focus on drug discovery and development, and rising need for bioprocessing. The U.S., which is at the forefront of this regional market, held more than 80% share in North America due to high R&D investments by various companies as well as government agencies.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as growing economy coupled with increased healthcare spending by governments along with rising awareness about laboratory testing services among people especially patients & clients resulting in an increase demand for testing services from medical practitioners & hospitals across countries such as China, India Japan Malaysia Singapore Thailand Vietnam Australia New Zealand and others (Table 1).
Growth Factors:
- Increasing demand for laboratory chemicals from the pharmaceutical and biotechnology industries due to the increasing research and development activities in these sectors.
- Growing demand for environmental testing and analysis, which is expected to drive the growth of the laboratory chemicals market during the forecast period.
- Rising number of contract research organizations (CROs) across the globe is anticipated to boost the growth of this market in near future.
- Proliferation of nanotechnology-based products is projected to create new opportunities for players operating in this market during forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Chemicals Market Research Report
By Type
Cytokine and Chemokine Testing, Molecular Biology, Immunochemistry, Carbohydrate Analysis, Cell/Tissue Culture, Biochemistry, Others
By Application
Academic, Research and Development, Quality Control, Other
By Companies
Merck (MilliporeSigma), Avantor, Beckman Coulter, GE Healthcare, Honeywell International, BD Biosciences, Agilent, Waters, Shimadzu, PerkinElmer, Hitachi, Jasco, Knauer, YoungLin, GBC, Gilson, AppliChem, Argus Chemicals, Chemada, Lonza, Meridian Life Science, Morphisto, Promega Corporation, Wako Pure Chemical Industries, Fujifilm, Thomas Baker, Molychem
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Chemicals Market Report Segments:
The global Laboratory Chemicals market is segmented on the basis of:
Types
Cytokine and Chemokine Testing, Molecular Biology, Immunochemistry, Carbohydrate Analysis, Cell/Tissue Culture, Biochemistry, Others
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
Academic, Research and Development, Quality Control, Other
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:
- Merck (MilliporeSigma)
- Avantor
- Beckman Coulter
- GE Healthcare
- Honeywell International
- BD Biosciences
- Agilent
- Waters
- Shimadzu
- PerkinElmer
- Hitachi
- Jasco
- Knauer
- YoungLin
- GBC
- Gilson
- AppliChem
- Argus Chemicals
- Chemada
- Lonza
- Meridian Life Science
- Morphisto
- Promega Corporation
- Wako Pure Chemical Industries
- Fujifilm
- Thomas Baker
- Molychem
Highlights of The Laboratory Chemicals 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:
- Cytokine and Chemokine Testing
- Molecular Biology
- Immunochemistry
- Carbohydrate Analysis
- Cell/Tissue Culture
- Biochemistry
- Others
- By Application:
- Academic
- Research and Development
- Quality Control
- Other
- 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 Laboratory Chemicals 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
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?
Laboratory chemicals are chemicals used in scientific research and testing. They can be dangerous if not handled properly, so it is important to know what they are and how to handle them safely.
Some of the major players in the laboratory chemicals market are Merck (MilliporeSigma), Avantor, Beckman Coulter, GE Healthcare, Honeywell International, BD Biosciences, Agilent, Waters, Shimadzu, PerkinElmer, Hitachi, Jasco, Knauer, YoungLin, GBC, Gilson, AppliChem, Argus Chemicals, Chemada, Lonza, Meridian Life Science, Morphisto, Promega Corporation, Wako Pure Chemical Industries, Fujifilm, Thomas Baker, Molychem.
The laboratory chemicals market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laboratory Chemicals Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Laboratory Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laboratory Chemicals Market - Supply Chain
4.5. Global Laboratory Chemicals Market Forecast
4.5.1. Laboratory Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laboratory Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laboratory Chemicals Market Absolute $ Opportunity
5. Global Laboratory Chemicals Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Laboratory Chemicals Market Size and Volume Forecast by Type
5.3.1. Cytokine and Chemokine Testing
5.3.2. Molecular Biology
5.3.3. Immunochemistry
5.3.4. Carbohydrate Analysis
5.3.5. Cell/Tissue Culture
5.3.6. Biochemistry
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laboratory Chemicals Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Laboratory Chemicals Market Size and Volume Forecast by Application
6.3.1. Academic
6.3.2. Research and Development
6.3.3. Quality Control
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laboratory Chemicals Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Laboratory Chemicals Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Laboratory Chemicals Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Laboratory Chemicals Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Laboratory Chemicals Demand Share Forecast, 2019-2026
9. North America Laboratory Chemicals Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Laboratory Chemicals Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Laboratory Chemicals Market Size and Volume Forecast by Application
9.4.1. Academic
9.4.2. Research and Development
9.4.3. Quality Control
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laboratory Chemicals Market Size and Volume Forecast by Type
9.7.1. Cytokine and Chemokine Testing
9.7.2. Molecular Biology
9.7.3. Immunochemistry
9.7.4. Carbohydrate Analysis
9.7.5. Cell/Tissue Culture
9.7.6. Biochemistry
9.7.7. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Laboratory Chemicals Demand Share Forecast, 2019-2026
10. Latin America Laboratory Chemicals Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Laboratory Chemicals Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Laboratory Chemicals Market Size and Volume Forecast by Application
10.4.1. Academic
10.4.2. Research and Development
10.4.3. Quality Control
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laboratory Chemicals Market Size and Volume Forecast by Type
10.7.1. Cytokine and Chemokine Testing
10.7.2. Molecular Biology
10.7.3. Immunochemistry
10.7.4. Carbohydrate Analysis
10.7.5. Cell/Tissue Culture
10.7.6. Biochemistry
10.7.7. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Laboratory Chemicals Demand Share Forecast, 2019-2026
11. Europe Laboratory Chemicals Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Laboratory Chemicals Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Laboratory Chemicals Market Size and Volume Forecast by Application
11.4.1. Academic
11.4.2. Research and Development
11.4.3. Quality Control
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laboratory Chemicals Market Size and Volume Forecast by Type
11.7.1. Cytokine and Chemokine Testing
11.7.2. Molecular Biology
11.7.3. Immunochemistry
11.7.4. Cabohydrate Analysis
11.7.5. Cell/Tissue Culture
11.7.6. Biochemistry
11.7.7. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Laboratory Chemicals Demand Share, 2019-2026
12. Asia Pacific Laboratory Chemicals Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Laboratory Chemicals Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Laboratory Chemicals Market Size and Volume Forecast by Application
12.4.1. Academic
12.4.2. Research and Development
12.4.3. Quality Control
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laboratory Chemicals Market Size and Volume Forecast by Type
12.7.1. Cytokine and Chemokine Testing
12.7.2. Molecular Biology
12.7.3. Immunochemistry
12.7.4. Carbohydrate Analysis
12.7.5. Cell/Tissue Culture
12.7.6. Biochemistry
12.7.7. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Laboratory Chemicals Demand Share, 2019-2026
13. Middle East & Africa Laboratory Chemicals Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Laboratory Chemicals Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Laboratory Chemicals Market Size and Volume Forecast by Application
13.4.1. Academic
13.4.2. Research and Development
13.4.3. Quality Control
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laboratory Chemicals Market Size and Volume Forecast by Type
13.7.1. Cytokine and Chemokine Testing
13.7.2. Molecular Biology
13.7.3. Immunochemistry
13.7.4. Carbohydrate Analysis
13.7.5. Cell/Tissue Culture
13.7.6. Biochemistry
13.7.7. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Laboratory Chemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laboratory Chemicals Market: Market Share Analysis
14.2. Laboratory Chemicals Distributors and Customers
14.3. Laboratory Chemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Merck (MilliporeSigma)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Avantor
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Beckman Coulter
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE Healthcare
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Honeywell International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BD Biosciences
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Agilent
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Waters
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shimadzu
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. PerkinElmer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hitachi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jasco
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Knauer
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. YoungLin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. GBC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Gilson
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AppliChem
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Argus Chemicals
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Chemada
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Lonza
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
