Report : South & Central America Gas Chromatography (GC) Market Forecast to 2031 - Regional Analysis - by Sample Introduction Technique (Liquid Injection, Static Headspace, Dynamic Headspace, Thermal Desorption, Pyrolysis, and Others), Injection Type (Split Injection, Splitless Injection, and Others), Detector Type (Flame Ionization Detector, Thermal Conductivity Detector, Electron Capture Detector, Thermionic Specific Detector, Flame Photometric Detector, Photo Ionization Detector, Mass Spectrometers, and Others), and End User (Oil & Gas, Chemical and Energy, Consumer Products, Pharmaceutical, and Others)
At 5.1% CAGR, South & Central America Gas Chromatography (GC) Market is Speculated to be Worth US$ 113.47 Million by 2031, says Business Market Insights
According to Business Market Insights' research, the South & Central America gas chromatography (GC) market was valued at US$ 76.49 million in 2023 and is expected to reach US$ 113.47 million by 2031, registering a CAGR of 5.1% from 2023 to 2031. Emerging proteomics industry, rising adoption of gas chromatography-mass spectrometry technique and proliferation of oil & gas industry are among the critical factors attributed to drive the South & Central America gas chromatography (GC) market growth.
Proteomics, a study of proteins and their functions, plays a crucial role in industries such as pharmaceuticals, biotechnology, and healthcare. Gas chromatography serves as a powerful analytical technique that enables the separation and analysis of complex mixtures, including proteins. Incorporating gas chromatography in proteomics opens up new avenues for research and development. By utilizing gas chromatography in proteomic analysis, scientists can effectively separate and identify proteins, leading to a deeper understanding of their structure, function, and interactions. This information is vital for drug discovery, biomarker identification, and personalized medicine, among other applications. As proteomics continues to gain prominence in various industries, there is a need for precise and reliable tools to simplify the analytical processes. Gas chromatography offers high resolution, sensitivity, and reproducibility, making it an ideal choice for proteomic research. For instance, Creative Proteomics, offers a Finnigan TRACE DSQ GC-MS system with Electron Ionization (EI) and Chemical Ionization (CI) capability, allowing for identification of unknown compounds down to below part-per-billion levels. Thus, the flourishing field of proteomics presents significant opportunities for the gas chromatography market.
On the contrary, lack of skilled professionals hampers the growth of South & Central America gas chromatography (GC) market.
Based on sample introduction technique, the South & Central America gas chromatography (GC) market is segmented into liquid injection, static headspace, dynamic headspace, thermal desorption, pyrolysis, and others. The liquid injection segment held 27.4% share of South & Central America gas chromatography (GC) market share in 2023, amassing US$ 20.98 million. It is projected to garner US$ 33.10 million by 2031 to register 5.9% CAGR during 2023-2031.
In terms of injection type, the South & Central America gas chromatography (GC) market is segmented into split injection, splitless injection, and others. The split injection segment held 40.6% share of South & Central America gas chromatography (GC) market in 2023, amassing US$ 31.05 million. It is anticipated to garner US$ 49.10 million by 2031 to expand at 5.9% CAGR during 2023-2031.
By detector type, the South & Central America gas chromatography (GC) market is divided into flame ionization detector, thermal conductivity detector, electron capture detector, thermionic specific detector, flame photometric detector, photo ionization detector, mass spectrometers, and others. The others segment held 24.2% share of South & Central America gas chromatography (GC) market in 2023, amassing US$ 18.53 million. It is projected to garner US$ 29.60 million by 2031 to expand at 6.0% CAGR from 2023 to 2031.
Based on end user, the South & Central America gas chromatography (GC) market is categorized into oil and gas chemical and energy, consumer products (polymer plastic), pharmaceutical, and others. The oil and gas, chemical and energy segment held 31.7% share of South & Central America gas chromatography (GC) market in 2023, amassing US$ 24.22 million. It is predicted to garner US$ 39.19 million by 2031 to expand at 6.2% CAGR between 2023 and 2031.
By country, the South & Central America gas chromatography (GC) market is categorized into Brazil, Argentina, Venezuela, Caribbean Islands, and the Rest of South & Central America. Our regional analysis states that Brazil captured 66.1% share of South & Central America gas chromatography (GC) market in 2023. It was assessed at US$ 50.59 million in 2023 and is likely to hit US$ 76.72 million by 2031, registering a CAGR of 5.3% during 2023-2031.
Key players operating in the South & Central America gas chromatography (GC) market are Thermo Fisher Scientific Inc; Shimadzu Corp; Separation Systems, Inc.; Merck KGaA; PerkinElmer, Inc. (Revvity Inc); Restek Corporation; and VUV Analytics, among others.
- In January 2024, Shimadzu Scientific Instruments introduced its next-generation gas chromatograph mass spectrometer - the GCMS-QP2050. Powered by advanced automated technology in a compact footprint, the GCMS-QP2050 features exceptional reliability, sensitivity, stability, and speed in an easy-to-use system. It can be partnered with Shimadzu's high-end Nexis GC-2030 or compact Brevis GC-2050 to meet customers' performance and space requirements.
- In December 2023, An opening ceremony was held for a new building at Shimane Shimadzu Corporation, a manufacturing subsidiary of Shimadzu Corporation located in Shimane Prefecture (2698 Naoe, Hikawa-cho, Izumo-shi, Shimane). The new building features various manufacturing digital transformation (DX) measures, including automated coating processes for Medical Systems components. Coating process automation will increase coating production capacity by 50 % at Shimane Shimadzu.
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