PUBLISHER: TechNavio | PRODUCT CODE: 1558539
PUBLISHER: TechNavio | PRODUCT CODE: 1558539
The laboratory chemicals market is forecasted to grow by USD 4419.1 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the laboratory chemicals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in r and d investments in pharmaceutical industry, increasing use of laboratory chemicals in end-user industries, and medical advancements for treating diseases.
Technavio's laboratory chemicals market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.23% |
CAGR | 4.5% |
Incremental Value | $4419.1 mn |
By End-user
By Geographical Landscape
This study identifies the use of green chemicals as one of the prime reasons driving the laboratory chemicals market growth during the next few years. Also, industrial application to witness higher potential growth and increasing investments in r and d activities will lead to sizable demand in the market.
The report on the laboratory chemicals market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laboratory chemicals market vendors that include Apollo Scientific Ltd., Avantor Inc., Avonchem Ltd., Beckman Coulter Inc., Becton Dickinson and Co., Bio Techne Corp., DASIT Group SPA, FUJIFILM Corp., GE Healthcare Technologies Inc., ITW Reagents, Lonza Group Ltd., Merck KGaA, Meridian Bioscience Inc., Mitsubishi Chemical Corp., Morphisto GmbH, Perkin Elmer Inc., Reagecon Diagnostics Ltd., Shimadzu Corp., Sisco Research Laboratories Pvt. Ltd., and Takara Holdings Inc.. Also, the laboratory chemicals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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