Chromatography Tubing Market is Forecasted to Reach US$120.7 million in 2026, Says Stratview Research

The global Chromatography Tubing Market size was valued at US$86.2 million in 2020, and is projected to reach US$120.7 million by 2026, witnessing a market growth CAGR of 5.5% from 2021 to 2026, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Chromatography Tubing Market  which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics

Segment Insights & Market Share Analysis of the Chromatography Tubing Market :

The global Chromatography Tubing Market is segmented based on Product type, Material type, and Region.

Based on Product type –

"Capillary Tubes Dominated in 2020."

• These tubes have most of their utilization in connecting different chromatography devices and are used in almost all types of chromatography.
• It is also expected to be the faster-growing market segment as compared to the autosampler loop tubes and column tubes during 2021-2026, propelled by their extensive usage across all types of chromatography.
• Autosampler loop tubes are mostly used by the liquid chromatography (LC) instruments, as a result of their high precision and automation features.

Based on the Material type –

Stainless steel is dominantly used in manufacturing chromatography tubes."

The key factors which makes stainless steel the material of choice are:

• Low cost
• High availability
• Ability to support high pressure

Other materials such as titanium and nickel, are also used for manufacturing chromatography tubes, but they are not as widely used as stainless steel and peek polymer.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

"North America accounted for the largest market share."

• North America had the largest market share in 2020, owing to the presence of a large number of chromatography system manufacturers, component manufacturers, distributors, and raw material suppliers in the region.
• Asia Pacific is estimated to be the fastest-growing region during 2021-2026, due to the large investments in the life science, oil and gas, and agriculture sectors, in recent years. The countries such as China, India, and Japan are expected to contribute majorly to the region's growth. Moreover, big instrument manufacturers such as Shimadzu and Tosoh Bioscience have their headquarters in the Asia-Pacific region

Chromatography Tubing Market Drivers:

Some of the key drivers listed in the report are given below.

• Technological advancements in chromatography instruments
• Rising investments in the life science industry
• Surge in the demand for drug discovery aid the market growth immensely.

Competitive Landscape: Top Companies in the Chromatography Tubing Market :

The supply chain of this market comprises several nodes including raw material suppliers, tube manufacturers, tier players, and OEMs.

Key Market Players

• AMETEK.Inc. (Fine Tubes)
• HandyTube
• Molex
• Plymouth Tube Company USA
• Sandvik AB
•  

Note: The above list does not necessarily include all the top players in the market.

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