Chromatography Market: By Type (Liquid Chromatography (High-pressure Liquid Chromatography, Ultra-pressure Liquid Chromatography, Flash Chromatography, and Others), Gas Chromatography (GC), Thin-Layer Chromatography (TLC), and Others), Product (Instruments, Consumables, and Accessories), By End User (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Environmental Testing Laboratories, Food & Beverage Industry, and Others), and Geography

Chromatography Market size was valued at USD 9,267.1 million in 2023 and is poised to grow at a CAGR of 6.1% from 2024 to 2030. Chromatography is a method for separating the components, or solutes of a mixture on the basis of the relative amounts of each solute distributed between a moving fluid stream, called the mobile phase, and a contiguous stationary phase. The mobile phase can be either a liquid or a gas, whereas the stationary phase is either a solid or a liquid. Chromatography techniques are used in numerous applications such as pharmaceutical, biotechnology, food production, diagnostics, genetic engineering, and drug discovery and water analysis. The continuous advancements in chromatography technology are expanding its capabilities and applications. The development of high-performance chromatography (HPLC) and ultra-high-performance chromatography (UHPLC) allows for faster separation times, higher resolution, and improved sensitivity. Also, the automation and miniaturization of chromatography systems are making them more user-friendly, efficient, and portable. In addition, integration with other analytical techniques like mass spectrometry enables more comprehensive characterization of samples.

These advancements not only improve existing applications but also open doors for new research avenues. Moreover, the importance of research and development (R&D) across various sectors, including academia, government institutions, and private companies, is driving the chromatography market. Also, chromatography is a cornerstone technique in various research fields, such as material science, forensics, food & beverage science, and agricultural research. Furthermore, increased funding for R&D initiatives necessitates the acquisition of advanced analytical instruments like chromatography systems. Universities and research institutes rely on chromatography for a wide range of investigations, further fueling market growth. However, chromatography instruments, particularly high-performance liquid chromatography (HPLC) and gas chromatography (GC) systems, can be expensive. This includes the initial purchase price, maintenance costs, and the cost of consumables like columns, solvents, and detectors.  This high barrier to entry can deter smaller laboratories and resource-constrained institutions from adopting chromatography techniques.

Chromatography Market Key Developments:

• In July 2023, Valmet acquired the Process Gas Chromatography business of Siemens. The former company aims to reinforce its automation segment and process automation with the addition of the latter company’s process industry gas chromatography system and process analyser systems to its offering.
• In June 2023, Waters established a strategic partnership with Sartorius to deliver incorporated process analytics and optimized chromatography consumables. The main objective of this partnership was to integrate Sartorius’ Resolute® BioSMB™ multi column chromatography system and Waters’ PATROL™ UltraPerformance Liquid Chromatography (UPLC™) Process Analysis system in order to make downstream biomonitoring cost effective and lessen the amount of chromatography resins used.
• In February 2023, Biotage acquired the Astrea Bioseparations, in order to improve its chromatography product portfolio in biologics and advanced therapeutics.