Artificial Intelligence
Chromatography Reagents Market to be Worth $9.7 Billion by 2030 – Exclusive Report by Meticulous Research®
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Redding, California, May 04, 2023 (GLOBE NEWSWIRE) — According to a new market research report, ‘Chromatography Reagents Market by Type (GC, LC, TLC), Product (Solvents, Buffers, Reagents), Separation (Adsorption, Partition, Affinity), Application (Pharma, Forensic, Environmental, Cosmeceuticals, Diagnostics, QC), End User – Global Forecast to 2030’ published by Meticulous Research®, the chromatography reagents market is projected to reach $9.7 billion by 2030, at a CAGR of 5.7% from 2023 to 2030.
Chromatography reagents are a part of the chromatography consumables that include a series of products like solvents, buffers, and indicators for precise identification, isolation, and purification of a compound present in the mixture. The type of reagents depends on the chromatographic technique that is being used. Chromatography reagents, also known as analytical reagents, are used in various techniques, such as HPLC, flash chromatography, and ion chromatography. The chromatography reagents include stains, buffers, gels, solvents, and standards for isolation, purification, and analytical needs.
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The growth of the chromatography market is driven by several factors, including the growing R&D expenditure in pharmaceutical and biotechnology industries, policies and initiatives to reduce environmental pollution, the use of chromatography in food safety regulations and quality testing, and the growing biopharmaceuticals market. However, the high cost of chromatography reagents and the safety risks associated with the use of flammable reagents restrain this market’s growth.
Food Safety Regulations and Quality Testing, Combined with the Implementation of Information Technology (IT) in Chromatography Techniques Driving the Market’s Growth.
Chromatography is the most commonly used analytical technique in various industries due to its precision separation of components from mixtures, low sample requirement, and improved efficiency. The presence of food safety regulations, such as labeling regulations, drives the demand for chromatography in the food industry. As per the food labeling requirement, chromatography techniques are used to analyze every food product for components such as proteins, vitamins, nutrients, and preservatives.
Furthermore, the implementation of information technology (IT) in chromatography techniques contributes to the growth of the chromatography reagents market. For instance, in February 2022, Agilent Technologies, Inc. (U.S.) acquired ACIES, an Artificial Intelligence (AI) technology developed by Virtual Control Ltd. (China), to automate product and material testing and enable virtual inspections. The software will be integrated into chromatography systems to improve productivity, efficiency, and accuracy. This acquisition is expected to benefit industries such as food and beverages and agriculture for potential expansion. Such Collaborations and acquisitions are expected to drive the adoption of chromatography techniques and systems, driving the chromatography reagents market.
The chromatography reagents market is segmented by Chromatography Type (Gas Chromatography (GC), Liquid Chromatography (LC), Thin Layer Chromatography (TLC)), Product Type (Solvents, Buffers, Derivatization reagents, Ion-Pair reagents), Separation Method (Adsorption, Partition, Ion-Exchange, Size Exclusion, Affinity), Application [Pharmaceutical and Biotechnology Applications {Research and Drug Development, Pharmaceutical Manufacturing, Quality Control}, Cosmeceutical Applications, Environmental Testing, F&B Testing, Petrochemical Analysis, Forensic Testing, Clinical Testing, Research & Academic Applications), End User (Academic & Research Institutes, Contract Research Organizations (CROS) and Contract Manufacturing Organization (CMOS), Pharmaceutical and Biotechnology Industries, Food and Beverages Industry, Hospitals & Diagnostic Laboratories, Other End Users), and Geography. The study also evaluates industry competitors and analyzes the regional and country-level markets.
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Based on chromatography type, in 2023, the liquid chromatography segment is expected to account for the largest share of the market. Liquid chromatography is a technique used to separate various components from a given mixture. It uses polar solvents during the process, making it faster and more cost-effective than gas chromatography. In gas chromatography, volatile samples are handled using solvents that are easily vaporized, making it a complex process that requires high temperatures to work. The advantages and characteristics of liquid chromatography over other types of chromatography contribute to the large market share of this segment.
Based on product type, the solvents segment is expected to account for the largest share of the market. Solvents are a type of reagent used during various steps of chromatography. The type of solvent used varies depending on the type of chromatography being performed. These solvents are generally affordable and frequently used, contributing to this segment’s large market share.
Based on separation method, the adsorption segment is projected to register the highest CAGR during the forecast period. The design used in the adsorption technique is simple, and the removal of contaminants is easy, making it advantageous and preferred over other techniques. Additionally, it uses a broad range of mobile phases. This separation method relies on fewer types of equipment than other separation methods, driving its increased adoption.
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Based on application, in 2023, the pharmaceutical and biotech segment is expected to account for the largest share of the market. The pharmaceutical and biotech industries frequently use chromatography as a major technique for drug discovery, pharmaceutical manufacturing, and quality control. For instance, in July 2021, Shimadzu Corporation (Japan), a company that manufactures precision instruments, medical equipment, and measuring instruments, collaborated with Snapdragon Chemistry, Inc. (U.S.), a flow chemistry and process development company, to provide analytical solutions to improve efficiency in chemical synthesis. Such collaborations drive the adoption of chromatography systems in the pharmaceutical and biotech industries, contributing to the significant market share of this segment.
Based on end user, the academic and research institutes segment is projected to register the highest CAGR during the forecast period. The increasing use of chromatographic techniques in both basic and applied research and the introduction of academic courses by institutes and universities focusing on analytical instruments drive the growth of this segment.
Based on geography, the market in Asia-Pacific is slated to record the fastest growth rate during the forecast period. The growth of this regional market is primarily driven by new opportunities in the pharmaceutical, biotech, environmental, and food industries, as well as improving research infrastructure in the region and favorable regulations supporting the development of bio clusters. Additionally, there has been an increase in investments, funding, and collaborations in life science research, contributing to the growth of this market.
Some of the key players operating in the global chromatography reagents market are Bio-Rad Laboratories, Inc. (U.S.), Waters Corporation (U.S.), Santa Cruz Biotech, Inc. (U.S.), Merck KGaA (Germany), Thermo Fisher Scientific, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Regis Technologies, Inc. (U.S.), Shanghai Aladdin Biochemical Technology Co., Ltd. (China), Avantor Performance Materials, Inc. (U.S.), Honeywell International, Inc. (U.S.), Tokyo Chemicals Industry Co., Ltd (Japan) and, Loba Chemie Pvt. Ltd. (India).
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Scope of the Report:
Chromatography Reagents Market—by Chromatography Type
- Gas Chromatography (GC)
- Liquid Chromatography (LC)
- Thin Layer Chromatography (TLC)
Chromatography Reagents Market—by Product Type
- Solvents
- Buffers
- Derivatization Reagents
- Ion-Pair Reagents
- Others Product Types
Note: Other Product Types include solid support reagents and inclusion body solubilization reagents.
Chromatography Reagents Market—by Separation Method
- Adsorption Chromatography
- Partition Chromatography
- Ion Exchange Chromatography
- Size Exclusion Chromatography
- Affinity Chromatography
- Others Separation Methods
Note: Other Separation Methods include hydrophobic interaction and mixed-mode interaction.
Chromatography Reagents Market—by Application
- Pharmaceutical and Biotech Applications
- Research and Drug Development
- Pharmaceutical Manufacturing
- Quality Control
- Cosmeceutical Applications
- Environmental Testing
- F&B Testing
- Petrochemical Analysis
- Forensic Testing
- Clinical Diagnostics
- Research & Academic Applications
Chromatography Reagents Market—by End User
- Academic & Research Institutes
- Contract Research Organizations (CROS) and Contract Manufacturing Organizations (CMOS)
- Pharmaceutical and Biotechnology Industries
- Food & Beverages Industry
- Hospitals & Diagnostic Laboratories
- Other End Users
Note: Other end users include agriculture and forensics
Chromatography Reagents Market—by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe (RoE)
- Asia-Pacific
- China
- Japan
- India
- Rest of APAC (RoAPAC)
- Latin America
- Brazil
- Mexico
- Rest of Latin America (RoLATAM)
- Middle East & Africa
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
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Artificial Intelligence
Aero Design Labs receives U.S. and EASA approval for updated Boeing 737-800 drag reduction kit
FORT WORTH, Texas, Sept. 30, 2024 /PRNewswire/ — Aero Design Labs (ADL) today announced it has received a Supplementary Type Certificate (STC) from the Federal Aviation Administration (FAA) and European Union Aviation Safety Agency (EASA) approval for its enhanced Boeing 737-800 drag reduction kit 2.0.
“We are delighted to introduce our next generation of the drag reduction kit, which we are referring to as ‘ADL Kit 2.0′,” said Jeff Martin, ADL President and CEO. “The ADL team has once again demonstrated its expertise and commitment to aviation carbon reduction through its continued improvement process. ADL’s next generation Kit 2.0 is an evolution from our original designs, meeting the stringent requirements based on valuable feedback from our launch partners. With our new EASA approval, we can now offer our carbon reduction kits to new EU airline customers.”
The ADL Kit 2.0 captures new benefits, and significantly reduces the installation time, delivering reduced out-of-service time for the conversion while generating meaningful fuel savings and reduced carbon emissions across the popular Boeing 737-800 variant. Based on feedback from airline partners, it is anticipated that a kit can be installed overnight, minimizing critical out-of-service time for the airlines.
“Having served as an airline operational executive, I understand the need for airlines to reduce their carbon footprint, save fuel and minimize aircraft out-of-service time for the modification,” said David Campbell, ADL Chief Operating Officer. “ADL Kit 2.0 offers better economics and a shorter payback period, assisting airlines with fuel savings and carbon reduction including their IATA CORSIA carbon reduction pledges.”
“On behalf of the team at ADL, we thank ALOFT AeroArchitects, NORDAM, AAR Corp, and the many airline partners who have assisted us on this journey”, concluded Jeff Martin. “Their feedback and contributions to our engineering efforts and joint commitments to reducing aviation carbon emissions are invaluable.”
About Aero Design Labs L.L.C.
Founded in 2015, Aero Design Labs (ADL) leads the way in the research, development and installation of drag reduction systems for airline fleets globally. ADL modifications to airlines’ existing fleets can result in fuel savings, extend fleet longevity and the potential for billions of pounds of CO2 to be prevented from entering the atmosphere.
Media inquiries: Richard Bartrem [email protected]
Sales inquiries: David Campbell [email protected]
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Affordable AI-Powered Legal Solutions
HONG KONG, Sept. 30, 2024 /PRNewswire/ — DocPro Limited, a leading innovator in legal technology, has launched DocLegal.ai, a new platform designed to provide AI-powered legal assistance at an unbeatable price—less than the price of your daily coffee.
DocLegal.ai is a platform that consolidates legal document creation, editing, and review into a single interface. The platform offers the following features:
Custom Document Creation: Users can describe their scenario and receive a tailored legal document.Document Review and Editing: The AI assistant can edit, review, summarize documents, suggest clauses, and highlight potential risks.The platform is designed to provide affordable legal services to small businesses and individuals. It also aims to streamline workflows and automate routine tasks for legal professionals, enabling them to focus on high-value activities.
DocPro Limited has leveraged its experience with DocPro.com, which serves over 50,000 users globally, to develop DocLegal.ai. The company is a graduate of the Cyberport Incubation Program and is currently part of the HKSTP Incubation Program and Google for Startups Cloud Program.
As part of its soft launch, DocLegal.ai is offering exclusive access to the first 500 users for only $2.50 per document. Interested parties can Visit the DocLegal.ai website to sign up.
About DocPro Limited
Founded in 2020, DocPro Limited is a leader in the legal tech space, committed to enhancing the delivery of legal services through innovative AI-powered solutions. With platforms like DocPro.com and DocLegal.ai, DocPro empowers users to create and manage legal documents with unparalleled efficiency and precision. For more information, visit DocLegal.ai.
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Media Enquiries:
Kim [email protected]
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Artificial Intelligence
Amagi and Phenix Partner to Bring Next-Gen Low Latency and Seamless Ad Insertion for the Ultimate Viewer Experience
Bitmovin Complements the Partnership With Its New Player Web X, Guaranteeing Seamless, Crystal-Clear Video Playback
NEW YORK, Sept. 30, 2024 /PRNewswire/ — Amagi, a global leader in cloud-based SaaS technology for broadcast and connected TV (CTV), today announced a partnership with Phenix Real Time Solutions to deliver next-generation FAST (free ad-supported streaming TV) and live events with the lowest latency available in the streaming marketplace. Amagi and Phenix will provide a complete turnkey solution for content owners to achieve real-time streaming with subsecond latency and server-side ad insertion (SSAI). By combining automation, scheduling, real-time streaming, and ad monetization, streaming customers can now deliver a “see it here first” experience, eliminate spoilers from social media, and provide a best-in-class viewing experience for their audiences.
Bitmovin adds a unique element to the mix by ensuring effortless, smooth playback on any browser, regardless of the device. Bitmovin’s open-source plugin system makes integration easy and provides the tools to maintain high-quality playback. The latest update also includes compatibility with Phenix Real-Time SSAI, combining flawless playback with real-time ad insertion.
The direct integration with Phenix now enables Amagi to output content from its Amagi CLOUDPORT automated scheduling and playout system into Phenix’s globally distributed real-time streaming network of over 34 points of presence for real-time delivery to viewers with subsecond latency. Further integration between Amagi’s Ad Tech platform and Phenix’s real-time SSAI capabilities facilitates dynamic and personalized ads while maintaining real-time playback and full compatibility with Bitmovin.
Bill Wishon, Phenix’s Chief Product Officer, stated, “Amagi has established itself as the foremost authority on FAST channel delivery. As a cloud-first company, Amagi has built itself into a pioneer in cloud technology for broadcasting and OTT. We are thrilled to join forces with them in delivering these innovative solutions.”
“Working with Phenix, the leader in real-time, scalable streaming delivery, allows Amagi to offer clients a full solution, including the industry’s first server-side ad insertion in real time. We can’t wait to see how customers deploy these workflows for next-generation OTT streaming,” said Richard Perkett, Chief Product Officer at Amagi.
Amagi provides a complete suite of channel creation, distribution, and monetization solutions. The company’s clients include some of the world’s biggest names, including A+E Networks UK, ABS-CBN, Astro, Cox Media Group, DAZN, Globo, Lionsgate Studio, NBCUniversal, Tastemade, and VIZIO.
Representatives from all the companies will be attending Amagi’s LA FAST 2024 conference on Oct. 1. More information is available at www.amagi.com/events/la-fast.
About Amagi
Amagi is a next-generation media technology company that provides cloud broadcast and targeted advertising solutions to broadcast TV and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24×7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 800+ content brands, 800+ playout chains, and over 5,000+ channel deliveries on its platform in over 150 countries. Amagi has a presence in New York, Los Angeles, Toronto, Mexico City, London, Paris, Sydney, Seoul, and Singapore, broadcast operations in New Delhi, and innovation centers in Bengaluru, Zagreb, and Łódź.
About Phenix
As the leader in delivering interactive video at scale, Phenix powers innovative digital experiences that drive acquisition, engagement and retention for some of the world’s biggest brands. Its patented technology is essential for delivering content in real-time that engages audiences with interactive experiences and generates revenue for sportsbooks, sports and gaming properties as well as broadcasters with real-time video streaming to global audiences at broadcast scale. Trusted with streaming video for world-class events like The Oscars, Cheltenham Festival and the Super Bowl, Phenix brings proven experience delivering video to mass audiences for the world’s largest events.
Phenix is headquartered in Chicago, Illinois, with offices in California and Europe. More information is available on the Phenix website or follow them on Twitter and LinkedIn.
About Bitmovin
Bitmovin is the leading provider of video infrastructure for global digital media companies and service providers. The company has been at the forefront of industry innovation and all major developments in the digital video streaming industry.
Bitmovin built the world’s first commercial adaptive streaming player and deployed the first software-defined encoding service that runs on any cloud platform. Its cloud-native technology offers the most flexible and scalable media encoding, playback, and analytics solutions available with unparalleled device reach, ease of integration, and world-class customer support.
Bitmovin customers benefit from optimized operations, reduced time-to-market, and the best viewer experience possible. Bitmovin is headquartered in Denver, Colorado, and has major offices in Vienna, Klagenfurt, Austria as well as London and Berlin. The company has over 400 customers across the globe, including ClassPass, BBC, fuboTV, Hulu, and Discovery.
More information is available at www.bitmovin.com
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