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Laboratory Chemicals Market by End-user and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 127
  • SKU: IRTNTR74356
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The laboratory chemicals market is projected to grow by USD 4.67 million with a CAGR of 4.75% during the forecast period 2021 to 2026.

This laboratory chemicals market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers laboratory chemicals market segmentation by end-user (industrial, healthcare, education, and government) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The laboratory chemicals market report also offers information on several market vendors, including Apollo Scientific Ltd., Avantor Inc., Avonchem Ltd., Beckman Coulter Inc., Becton Dickinson and Co., Bio-Techne Corp., DASIT Group SPA, FUJIFILM Holdings Corp., GE Healthcare Inc., AppliChem GmbH, Lonza Group Ltd., Merck KGaA, Meridian Bioscience Inc., Mitsubishi Chemical Corp., Morphisto GmbH, PerkinElmer Inc., Reagecon Diagnostics Ltd., Shimadzu Corp., Sisco Research Laboratories Pvt. Ltd., and Takara Holdings Inc among others.

What will the Laboratory Chemicals Market Size be During the Forecast Period?

Laboratory Chemicals Market Size

Download Report Sample to Unlock the Laboratory Chemicals Market Size for the Forecast Period and Other Important Statistics

 

Laboratory Chemicals Market: Key Drivers, Trends, and Challenges

The increase in R&D investments in the pharmaceutical industry is notably driving the laboratory chemicals market growth, although factors such as stringent regulations on the use of laboratory chemicals may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the laboratory chemicals industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Laboratory Chemicals Market Driver

The increase in R&D investments in the pharmaceutical industry is one of the factors driving the laboratory chemicals market growth. The pharmaceutical industry is more concerned about ensuring that R&D hits the intended target. There is a greater effort to focus on achieving effectiveness in meeting the demands of patients while also protecting the low-income population. Hence, the increase in expenditure and sales of new pharmaceutical products and the development of new vaccines will increase the demand for various chemicals for testing and preparing new vaccines and medicines. Thus, an increase in R&D investments in the pharmaceutical industry can become a major driver for the growth of the market during the forecast period.

Key Laboratory Chemicals Market Trend

The use of green chemicals is one of the key laboratory chemicals market trends fueling the market growth.  The pharmaceutical industry is increasing its consumption of green chemicals for biomedical applications. Vendors are focusing on developing medical devices using green chemicals. These medical devices are eco-friendly and durable. For instance, Tepha Inc., a medical device vendor, uses green chemicals for manufacturing its products. Europe is one of the largest consumers of green chemicals in the global green chemicals market. Thus, the use of green chemicals will be a growing trend in the market during the forecast period.

Key Laboratory Chemicals Market Challenge

Stringent regulations for the usage of laboratory chemicals are one of the key factors challenging the laboratory chemicals market growth. The major safety hazards in laboratories are the risks presented by the dangerous properties of hazardous laboratory chemicals. For these reasons, various regulations relating to the handling of laboratory chemicals have been laid by government organizations. For instance, the US introduced the Frank R. Lautenberg Chemical Safety for the 21st Century Act in 2016. This act controls the introduction of new or existing chemicals. In 2008, the European Union implemented Directive 2008/50/EC of the European Parliament to provide standards for ambient air quality and cleaner air in Europe. This, in turn, will hamper the market growth during the forecast period.

This laboratory chemicals market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global laboratory chemicals market as a part of the global commodity chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the laboratory chemicals market during the forecast period.

Who are the Major Laboratory Chemicals Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Apollo Scientific Ltd.
  • Avantor Inc.
  • Avonchem Ltd.
  • Beckman Coulter Inc.
  • Becton Dickinson and Co.
  • Bio-Techne Corp.
  • DASIT Group SPA
  • FUJIFILM Holdings Corp.
  • GE Healthcare Inc.
  • AppliChem GmbH
  • Lonza Group Ltd.
  • Merck KGaA
  • Meridian Bioscience Inc.
  • Mitsubishi Chemical Corp.
  • Morphisto GmbH
  • PerkinElmer Inc.
  • Reagecon Diagnostics Ltd.
  • Shimadzu Corp.
  • Sisco Research Laboratories Pvt. Ltd.
  • Takara Holdings Inc

 

This statistical study of the laboratory chemicals market encompasses successful business strategies deployed by the key vendors. The laboratory chemicals market is fragmented, and the vendors are deploying growth strategies such as price, quality, innovation, reputation, brand identity, and distribution to compete in the market.

Product Insights and News

  • itwreagents.com - The company offers laboratory chemicals such as Research Reagents, namely, Amdex, Amersham, Anti-GST antibody, and bright fluorescent dyes.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The report laboratory chemicals market contains comprehensive market knowledge and an in-depth vendor landscape added on to an analysis of the key vendors.

Laboratory Chemicals Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the laboratory chemicals market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

Which are the Key Regions for Laboratory Chemicals Market?

Laboratory Chemicals Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

37% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for laboratory chemicals market in North America. Market growth in this region will be slower than the growth of the market in APAC.

The increasing consumption of pharmaceutical drugs will facilitate the laboratory chemicals market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The outbreak of COVID-19 in 2020 slightly decreased the demand for laboratory chemicals in North America. However, the pandemic resulted in the increased use of laboratory chemicals in the pharmaceutical and healthcare industries for the production of vaccines. Thus, the regional market is expected to grow during the forecast period.

What are the Revenue-generating End-user Segments in the Laboratory Chemicals Market?

Laboratory Chemicals Market Share

To gain further insights on the market contribution of various segments Request a PDF Sample

The laboratory chemicals market share growth in the industrial segment will be significant during the forecast period. The industrial segment will contribute to the highest share of the global laboratory chemicals market during the forecast period owing to the increasing usage of chemicals for various industrial processes, such as acid chloride preparations, carboxylation, ion-exchange reactions, cryogenic reactions, and nitration. Moreover, the rising demand from the industrial sector is anticipated to increase the demand for laboratory chemicals during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the laboratory chemicals market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Laboratory Chemicals Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.75%

Market growth 2022-2026

$4.67 million

Market structure

Fragmented

YoY growth (%)

3.67

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

North America at 37%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Apollo Scientific Ltd., Avantor Inc., Avonchem Ltd., Beckman Coulter Inc., Becton Dickinson and Co., Bio-Techne Corp., DASIT Group SPA, FUJIFILM Holdings Corp., GE Healthcare Inc., AppliChem GmbH, Lonza Group Ltd., Merck KGaA, Meridian Bioscience Inc., Mitsubishi Chemical Corp., Morphisto GmbH, PerkinElmer Inc., Reagecon Diagnostics Ltd., Shimadzu Corp., Sisco Research Laboratories Pvt. Ltd., and Takara Holdings Inc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Laboratory Chemicals Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive laboratory chemicals market growth during the next five years
  • Precise estimation of the laboratory chemicals market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the laboratory chemicals industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of laboratory chemicals market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Industrial - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Industrial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Industrial - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Industrial - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Industrial - Year-over-year growth 2021-2026 (%)
    • 5.4 Healthcare - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
    • 5.5 Education - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Education - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Education - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Education - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Education - Year-over-year growth 2021-2026 (%)
    • 5.6 Government - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Government - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Government - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Government - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Government - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by End-user
      • Exhibit 44: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Germany - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 AppliChem GmbH
              • Exhibit 97: AppliChem GmbH - Overview
              • Exhibit 98: AppliChem GmbH - Product / Service
              • Exhibit 99: AppliChem GmbH - Key offerings
            • 10.4 Avantor Inc.
              • Exhibit 100: Avantor Inc. - Overview
              • Exhibit 101: Avantor Inc. - Business segments
              • Exhibit 102: Avantor Inc. - Key news
              • Exhibit 103: Avantor Inc. - Key offerings
              • Exhibit 104: Avantor Inc. - Segment focus
            • 10.5 Beckman Coulter Inc.
              • Exhibit 105: Beckman Coulter Inc. - Overview
              • Exhibit 106: Beckman Coulter Inc. - Product / Service
              • Exhibit 107: Beckman Coulter Inc. - Key offerings
            • 10.6 Becton Dickinson and Co.
              • Exhibit 108: Becton Dickinson and Co. - Overview
              • Exhibit 109: Becton Dickinson and Co. - Business segments
              • Exhibit 110: Becton Dickinson and Co. - Key news
              • Exhibit 111: Becton Dickinson and Co. - Key offerings
              • Exhibit 112: Becton Dickinson and Co. - Segment focus
            • 10.7 GE Healthcare Inc.
              • Exhibit 113: GE Healthcare Inc. - Overview
              • Exhibit 114: GE Healthcare Inc. - Product / Service
              • Exhibit 115: GE Healthcare Inc. - Key offerings
            • 10.8 Merck KGaA
              • Exhibit 116: Merck KGaA - Overview
              • Exhibit 117: Merck KGaA - Product / Service
              • Exhibit 118: Merck KGaA - Key offerings
            • 10.9 Meridian Bioscience Inc.
              • Exhibit 119: Meridian Bioscience Inc. - Overview
              • Exhibit 120: Meridian Bioscience Inc. - Business segments
              • Exhibit 121: Meridian Bioscience Inc. - Key offerings
              • Exhibit 122: Meridian Bioscience Inc. - Segment focus
            • 10.10 Mitsubishi Chemical Corp.
              • Exhibit 123: Mitsubishi Chemical Corp. - Overview
              • Exhibit 124: Mitsubishi Chemical Corp. - Business segments
              • Exhibit 125: Mitsubishi Chemical Corp. - Key news
              • Exhibit 126: Mitsubishi Chemical Corp. - Key offerings
              • Exhibit 127: Mitsubishi Chemical Corp. - Segment focus
            • 10.11 Morphisto GmbH
              • Exhibit 128: Morphisto GmbH - Overview
              • Exhibit 129: Morphisto GmbH - Product / Service
              • Exhibit 130: Morphisto GmbH - Key offerings
            • 10.12 PerkinElmer Inc.
              • Exhibit 131: PerkinElmer Inc. - Overview
              • Exhibit 132: PerkinElmer Inc. - Business segments
              • Exhibit 133: PerkinElmer Inc. - Key news
              • Exhibit 134: PerkinElmer Inc. - Key offerings
              • Exhibit 135: PerkinElmer Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 136: Inclusions checklist
                • Exhibit 137: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 138: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 139: Research methodology
                • Exhibit 140: Validation techniques employed for market sizing
                • Exhibit 141: Information sources
              • 11.5 List of abbreviations
                • Exhibit 142: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Laboratory Chemicals market growth will increase by $4676.02 million during 2022-2026.
              The laboratory chemicals market is expected to grow at a CAGR of 4.75% during 2022-2026.
              Technavio has segmented the laboratory chemicals market by geographic (North America, Europe, APAC, South America, and Middle East and Africa).
              Apollo Scientific Ltd., Avantor Inc., Avonchem Ltd., Beckman Coulter Inc., Becton Dickinson and Co., Bio Techne Corp., DASIT Group SPA, FUJIFILM Holdings Corp., GE Healthcare Inc., AppliChem GmbH, Lonza Group Ltd., Merck KGaA, Meridian Bioscience Inc., Mitsubishi Chemical Corp., Morphisto GmbH, PerkinElmer Inc., Reagecon Diagnostics Ltd., Shimadzu Corp., Sisco Research Laboratories Pvt. Ltd., Takara Holdings Inc are a few of the key vendors in the laboratory chemicals market.
              North America will register the highest growth rate of 36.72% among the other regions. Therefore, the laboratory chemicals market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the laboratory chemicals market growth are:
              • Increase in R and D investments in pharmaceutical industry
              • Use of green chemicals
              The laboratory chemicals market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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