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Liquid chromatography is a technique in which the mobile phase is a liquid. The separation occurs due to the interactions of the sample with the mobile and stationary phase. Liquid chromatography is the most widely used chromatographic technique for preparative applications. It is further divided into high pressure liquid chromatography (HPLC), ultra high-pressure liquid chromatography (UHPLC), and low pressure liquid chromatography (LPLC).
Liquid chromatography is extensively used in the pharmaceutical industry. It plays a very significant role in various phases of drug discovery, and is used for controlling the quality and consistency of a chemical entity or active substance. The pharmaceutical industry is growing at a very fast pace, especially in emerging economies such as India, which in-turn is driving the market for liquid chromatography and its reagents.
Europe is well-established in the liquid chromatography reagents market, which is expected to reach a value of $1581.8 million by 2018 .It is projected to grow at a CAGR of 9.4%, from 2013 to 2018. The liquid chromatography reagents market is segmented on the basis of types, products, processes, applications, end-users, and geography. Geographically the market is segmented into the U.K., France, Germany, Italy, Spain, and RoE.
Globally, Europe is a well established in liquid chromatography reagents market. This market is driven by investments made by pharmaceutical industries, upsurge in the pharmaceutical and biotechnology industries in Europe, and large number of conferences on advanced and novel chromatography techniques in Europe. However, the presence of alternative techniques and high price of acetonitrile is restraining the growth of this market.
The key players in the European liquid chromatography reagents market are Agilent Technologies, Thermo Fisher Scientific, Water Corporation, Merck, and Biorad Laboratories.
