The global laboratory chemicals market is expected to grow at a moderate rate during the forecasted period, 2018 to 2027.
Laboratory chemicals are compounds or substances that are used to perform experimental and investigative procedures and for the preparation of drugs and other chemicals. These are used in large scale for commercial applications and research purpose. The significant increase in the use of chemicals in basic research applications, coupled with large-scale commercial applications has helped the laboratory chemicals market to grow. The laboratory chemicals market is mainly driven by the growing research and development activities in the field of biological and chemical sciences. The development and improvement of ongoing technologies, such as cell culture and recombinant DNA have enhanced the scientific community’s ability to produce important human therapeutic agents over the years. The increasing demand for laboratory chemicals in the biotechnological industry will drive the market growth in upcoming years.
Segmentation
The global laboratory chemicals market has been segmented on the basis of product, application, and end-user.
On the basis of product, the market has been classified as cytokine and chemokine testing, molecular biology, immunochemistry, carbohydrate analysis, cell/tissue culture, biochemistry, and others. The molecular biology segment has been further divided into PCR reagents, gene synthesis and expression, vectors, monoclonal and polyclonal antibodies, enzymes, cloning and sequencing, and others. PCR reagents are sub-segmented into Taq DNA Polymerase, dNTP, Primer, and others. The immunochemistry segment is further sub-segmented into antibody and immunoassay stabilizers, antibody labeling, and others.
The market, by application, has been classified into academic, research and development, quality control, and others.
The market, by end-user, has been classified into pharmaceutical and biotechnological companies, academic and research institutions, and others.
Key Players
Some of the key players in the global laboratory chemicals market are Lonza Biologics Ltd, PerkinElmer Inc., BD Biosciences, bioMerieux, Beckman Coulter Inc., GE healthcare, EMD Chemicals Inc., Meridian Life science Inc., Shimadzu Biotech, and Takara Bio Inc.
Global Laboratory Chemicals Market, by Product
Global Laboratory Chemicals Market, by Application
Global Laboratory Chemicals Market, by End-User
Global Laboratory Chemicals Market, by Region