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Laboratory Chemicals Market Report
The Laboratory Chemicals Market is Segmented by Product Type (Molecular Biology, Cytokine and Chemokine Testing, Carbohydrate Analysis, Immunochemistry, Cell/Tissue Culture, Environmental Testing, Biochemistry, and Others), by Application Type (Industrial, Education, Government, and Healthcare), and by Region ...
Impact of COVID-19 on Laboratory Chemicals Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Laboratory Chemicals market is likely to growth with a healthy CAGR of 4.7% over the next five years. Rising trend for wastewater treatment and sewage water treatment plant in the developing economies coupled advancements in laboratory chemicals is likely boost its demand over the next five years.
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Laboratory Chemicals Market - Snapshot |
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Growth |
4.7% for the next five year |
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Dominant Application Type |
Industrial |
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Region with the highest demand |
Europe |
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Key Players |
Avantor, Inc., Becton, Dickinson and Company, Beckman Coulter Inc., BiosYnth S.r.l., CARLO ERBA Reagents S.r.l., GE Healthcare, PanReac AppliChem, Merck KGaA, Meridian Life Science, Inc., and MORPHISTO GmbH |
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Based on the application type, the laboratory chemicals market is segmented as industrial, education, government, and healthcare. The industrial segment is likely to remain the largest application of the market during the forecast period, owing to wider usage of chemicals for industrial processes, such as for bromination, acid chloride preparations, carboxylation, ion-exchange reactions, cryogenic reactions, and nitration.
In terms of regions, Europe to maintain its supremacy in the market during the forecast period, with the Italy being the key growth engines of the region’s market. Asia-Pacific is expected to be the fastest growing market over the next five years, propelled by China and India. China is one of the largest markets for chemical industry in the world.
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Laboratory chemicals are the substance used for performing experimental procedures or to develop drugs or other chemicals. It must maintain its purity to be used in chemical analysis, chemical reactions, or physical testing.
Laboratory chemicals can be broadly classified on the basis of their hazard class which are flammables, oxidizers, corrosives (acidic or bases), highly reactive, extreme toxic, and low hazard.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Laboratory Chemicals Market Research Report - Features |
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Market Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
12 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The laboratory chemicals market is segmented into the following categories.
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Some of the major laboratory chemicals manufacturers are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com
The laboratory chemicals market is expected to witness an impressive growth of 4.7% CAGR in the foreseeable future.
Avantor, Inc., Becton, Dickinson and Company, Beckman Coulter Inc., BiosYnth S.r.l., CARLO ERBA Reagents S.r.l., GE Healthcare, PanReac AppliChem, Merck KGaA, Meridian Life Science, Inc., and MORPHISTO GmbH are among the key players in the laboratory chemicals market.
Asia-Pacific is expected to be the fastest growing laboratory chemicals market during the next five years.
The industrial segment is expected to remain the largest application type in the laboratory chemicals market in the coming years.
Rising trend for wastewater treatment and sewage water treatment plant in the developing economies coupled advancements in laboratory chemicals is the factor driving the growth of laboratory chemicals market.
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