Chemical reagent is a substance or a compound that is used in a chemical reaction to detect, examine, measure or produce other chemical substance. The global market for laboratory chemical reagents is expected to witness significant growth due to increased usage of chemical reagents in the large scale commercial applications and basic research activities. Additionally, continuous technological advancements in the field of bio-therapeutics, recombinant DNA and cell culture have enhanced the scientific ability to identify and produce human therapeutics for ages. Hence, this has also contributed in robust growth of the market.
The technical barriers of laboratory chemical reagents are relatively not high, resulting in low level concentration degree. The key companies in in laboratory chemical reagents market include Merck, Thermo, TCI, American Element, Sinopharm, Xilongchemical, ABCR, BOC Sciences, Wako-chem, Kanto, etc. USA is the largest producer and consumer, followed by Europe, China.
However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of laboratory chemical reagents. Therefore, to some extent, the companies face the risk of profit decline.
The global Laboratory Reagents market is valued at 18300 million US$ in 2018 is expected to reach 29800 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2019-2025.
This report focuses on Laboratory Reagents volume and value at global level, regional level and company level. From a global perspective, this report represents overall Laboratory Reagents market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Merck
Thermo
TCI
American Element
Sinopharm
Xilongchemical
ABCR
BOC Sciences
Wako-chem
Kanto
Scientific OEM
Glentham Life Sciences
JHD
SRL Chemical
Applichem
JUNSEI
Euroasia Trans Continental
Aladdin
Jkchemical
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Solvents
Acids
Standards
Dyes
Solutions
Segment by Application
Government
Academic
Industry
Pharma
Environmental institutions
Summary:
Get latest Market Research Reports on Laboratory Reagents. Industry analysis & Market Report on Laboratory Reagents is a syndicated market report, published as Global Laboratory Reagents Market Research Report 2019. It is complete Research Study and Industry Analysis of Laboratory Reagents market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.