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.
In 2019, the market size of Laboratory Reagents is 18300 million US$ and it will reach 29800 million US$ in 2025, growing at a CAGR of 6.3% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Laboratory Reagents.
This report studies the global market size of Laboratory Reagents, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Laboratory Reagents production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies 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
Market Segment by Product Type
Solvents
Acids
Standards
Dyes
Solutions
Market Segment by Application
Government
Academic
Industry
Pharma
Environmental institutions
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Laboratory Reagents status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Laboratory Reagents manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Laboratory Reagents are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Laboratory Reagents. Industry analysis & Market Report on Laboratory Reagents is a syndicated market report, published as Global (United States, European Union and China) Laboratory Reagents Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Laboratory Reagents market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.