Global Laboratory Chemicals Market Opportunities 2024, Forecast To 2033
8 Mar, 2024
The laboratory chemicals market anticipates growth from $3.85 billion in 2023 to $4.11 billion in 2024, with a CAGR of 6.7%. By 2028, it's poised to reach $5.28 billion, with a CAGR of 6.5%. Biotech research and green practices propel this, alongside trends like automation and AI integration.
Global Laboratory Chemicals Market Key Driver
The growing clinical research activities are driving growth in the laboratory chemicals market. Increased clinical research requires chemicals for analysis, driving demand in the market. For instance, ClinicalTrials.gov reported a rise in registered clinical research studies, boosting the laboratory chemicals market.
Get A Free Sample Of The Global Laboratory Chemicals Market ReportGlobal Laboratory Chemicals Market Segments
The laboratory chemicals market covered in this report is segmented –
1) Type:Cytokine And Chemokine Testing, Biochemistry, Molecular Biology, Environmental Testing, Cell Or Tissue Culture, Carbohydrate Analysis, Other Types
2) Application:Government, Education, Industrial, Healthcare
3) End User:Pharmaceutical Companies, Biotechnological Companies, Academic And Research Institutions, Other End-Users
By Geography: The countries covered in the laboratory chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Europe was the largest region in the laboratory chemicals market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laboratory chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Laboratory Chemicals Industry Players
Honeywell International Inc.; BD Biosciences Systems and Reagents Inc.; GE Healthcare Inc.; ITW Reagents Division; Avantor Inc.; Agilent Technologies Inc.; Hitachi High-Technologies Corporation; bioMérieux SA; PerkinElmer Inc.; Beckman Coulter Inc.; Shimadzu Corporation; Hamilton Company; Meridian Life Science Inc.; Takara Bio Inc.; Cole-Parmer Instrument Company LLC.; Toronto Research Chemicals Inc.; Spectrum Chemical Mfg. Corp.; FUJIFILM Wako Pure Chemical Corp; Biosynth AG; Merck Millipore Ltd.; GFS Chemicals Inc.; Dasit Group S.p.A.; Thomas Scientific LLC; Labconco Corp.; Pathtech Pty Ltd.; Lonza Biologics Inc.; Morphisto GmbH; KNAUER Wissenschaftliche Geräte GmbH; Molecular BioProducts Inc.; Biochrom Ltd.
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Laboratory Chemicals Market Overview
Laboratory chemicals refer to any chemicals used in laboratory testing, experiments, and research for performing experimental and investigative procedures and for preparing drugs and other chemicals. They are used in various fields of study and are crucial in advancing scientific knowledge and developing new technologies.