Process Spectroscopy Market worth 22.04 Billion USD by 2020 Process Spectroscopy Market | Page 2

Process Spectroscopy Market Worth 22.04 Billion USD by 2020
The report "Process Spectroscopy Market (Molecular, Atomic, and Mass), Gas Chromatography
(Process, and Natural Gas Chromatography), Process Analyzers (Liquid & Gas) , by Component
(Hardware and Software User Interface), Industry, and Geography - Global Forecast to 2020",
published by MarketsandMarkets, the Process Analyzers, Gas Chromatography, and Spectroscopy
Markets worth 4.98 Billion USD, 3.90 Billion USD, and 22.04 Billion USD by 2020 respectively.
Browse 82 market data Tables and 121 Figures spread through 208 Pages and in-depth TOC on
"Process Spectroscopy Market"
Download PDF Brochure@ http://bit.ly/2sXKBVb
The gas chromatography market is estimated to reach USD 3.90 Billion by 2020, at a CAGR of
8.60% between 2015 and 2020. The market is majorly driven by the increasing adoption of gas
chromatography techniques in the process industries. Gas chromatographs help in measuring
various parameters such as fatty acids, amino acids, fragrances, pesticide residues, and
adulterants. The process spectroscopy market is projected to reach USD 22.04 Billion by 2020, at
a CAGR of 8.72% between 2015 and 2020. The factors contributing to the growth of this market
include the increased focus on drug safety regulations, where process spectroscopy techniques
enable the detection of metals in drug samples.
The process analyzers, gas chromatography, and process spectroscopy markets for the
pharmaceutical industry held the largest share in 2014
The global process analyzers, gas chromatography, and Process Spectroscopy Markets are
industry driven. Based on industry, these markets have been segmented into oil & gas,
petrochemical, pharmaceutical, water & wastewater, thermal power, food & beverages, pulp &
paper, metal & mining, cement & glass, and others. The global process analyzers, gas
chromatography, and process spectroscopy markets for the pharmaceutical industry accounted
for the largest share in 2014. These markets are expected to grow at a significant rate between
2015 and 2020, driven by increasing adoption of various analyzers in the pharmaceutical industry.
In this industry, process analyzers offer drug safety by providing a variety of information on
identity, content, quality, purity, and stability of pharmaceutical products.
The process analyzers, gas chromatography, and process spectroscopy markets for the food &
beverages industry expected to grow rapidly during the forecast period
The process analyzers, gas chromatography, and process spectroscopy markets for the food &
beverages industry are estimated to grow at the highest rate during the forecast period. This
growth can be attributed to the increasing adoption of gas chromatography and process
spectroscopy techniques to determine key ingredients in the different phases of the food and
beverages manufacturing cycle.
The food & beverages industry requires real-time measurement of various unwanted by-
products, which are required for the quality and safety of food products. Therefore, these