Solid Phase Extraction Market 2020 Industry Size, Trends, Global Growth, Insights and Forecast Research Report | Leading Key Players – Thermo Fisher Scientific Inc., Agilent Technologies, Inc., PerkinElmer Inc., WATERS, MERCK & CO.,INC.

The Solid Phase Extraction Market report is a truthful source of information which offers a telescopic view of the current market trends, situations, opportunities and status. All the data and information collected in this market document for research and analysis is represented in the form of graphs, charts or tables for the sensible understanding of users. Besides, big sample sizes have been exploited for the data collection in this report which ensembles the necessities of small, medium as well as large size of businesses. This Solid Phase Extraction Market analysis report works on all the aspects of market that are required to create the finest and top-notch market research report.

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Increasing prevalence of Solid Phase Extraction Market report highlights the notable industry growth drivers, challenges, opportunities and restraints for the leading key players. This market research report assesses in progress as well as future performance of the market in addition to brand-new trends in the market. This market research report also identifies and analyses the emerging trends along with major driving factors, challenges and opportunities in the market. The report includes market shares for global, Europe, North America, Asia Pacific and South America. The global Solid Phase Extraction Market business report is a great resource which provides current and upcoming technical and financial details of the industry.

Solid phase extraction is a technique used for the sample preparation through which compounds suspended or dissolved in the liquid sample are isolated from mixture of other compounds by their physical or chemical characteristics. It is widely used in the analytical laboratories for the separation and elution of the desired compounds from complex mixture. It gives highly efficient extraction of the particles with less usage of solvent and giving accurate results. It is a well-established technique widely applicable for bioanalytical tests in various industries such as pharmaceutical, healthcare, environmental and food and beverage industries.

The growth of the solid phase extraction market is driven by the extensive usage in clinical, industrial, biological, food and beverages sample, marine industry, and others. Furthermore, the main advantage of any type of solid phase extraction is that the solution or the sample can be stored for a longer period of time without any change in its concentration or identity. Global solid phase extraction market is projected to register a healthy CAGR of 5.4% in the forecast period of 2019 to 2026.

Competitive Analysis: Global Solid Phase Extraction Market  

Some of the major players operating in this Solid Phase Extraction Market are Thermo Fisher Scientific Inc., Agilent Technologies, Inc., PerkinElmer Inc., WATERS, MERCK & CO.,INC., 3M, S*Pure Pte Ltd, JASCO, Phenomenex Inc., Restek Corporation, MACHEREY-NAGEL GmbH & Co. KG, Orochem Technologies Inc., Avantor, Inc., United Chemical Technologies, ANPEL and others. 

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Segmentation: Global Solid Phase Extraction Market  

Global  solid phase extraction market is segmented into two notable segments which are type and application.

  • On the basis of type, the market is segmented into SPE cartridge, SPE disk, others.
    • In January 2019, Shimadzu Medical Systems USA a subsidiary of Shimadzu Corporation acquires Core Medical Imaging, Inc. to expand their healthcare business in NA. It will provide medical products and services which help the company to expand their customer base and get good reputation within their customers. Additionally it will provide strengthen their medical business.
  • On the basis of application, the market is segmented into pharmaceuticals, environmental, food & beverage industry, biological fluids, others.
    • In March 2019, The Tecan Group announced that an agreement was made for the acquisition of long term supplier for liquid handling pump. This acquisition was to help the company in vertically integrating the manufacturing particularly for precision-machined parts for its liquid handling pump portfolio. It will help in strengthening its manufacturing capacity and resulting profitable revenues.

Product Launch

  • In April 2018, Phenomenex Inc. launched a new product Strata-X-Drug B Plus for urine drug testing and forensic toxicology labs. This new feature of product will enable an enzyme hydrolysis to be carried out directly in the microplate well and it will also reduce transfer steps and cost. It will meet the demand of drug’s testing labs.
  • In January 2018, Waters Corporation launched Waters Oasis PRiME MCX Cartridges and 96-Well Plates which will remove 99% of phospholipids very quickly as compared to the traditional mixed-mode solid phase extraction (SPE) products. It will also help the scientists in analysing and improving robustness in the methodology and increase the instrument uptime.
  • In September 2018, Shimadzu Corporation launched three models of GCMS NX series gas chromatograph mass spectrometers which has the feature of high accuracy and high sensitivity. It will also help in improving efficiency by reducing standby time. It will also help in providing ease for maintenance.
  • In May 2017, Phenomenex Inc. opened a new manufacturing facility for the gas chromatography (GC) columns. It will be a 15,000-square-foot facility which will be designed and renovated specifically for the company in the location of suburb of El Dorado Hills.
  • In August 2016, United Chemical Technologies launched Ultra Flash Purification columns at 252nd American Chemical Society National Meeting & Exposition. The company featured its 3 distinct lines including standard silica/bonded phase columns, column stacking and ILOK format columns conducive for manual assembly. This helped the company in marketing its product to larger audience coming from all around the world.

Research Methodology: Global Solid Phase Extraction Market  

Primary Respondents: Key Opinion Leaders (KOL’s): Manufacturers, Researchers, Distributors and Food Industrialists. Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.

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