Global Agarose Market Growth 2019-2024

Agarose Market

Agarose is a purified linear galactan hydrocolloid isolated from agar or agar-bearing marine algae. Structurally, it is a linear polymer consisting of alternating D-galactose and 3, 6-anhydro-L-galactose units. Agarose are used in agarose gel electrophoresis, protein purification, etc.
The technical barriers of agarose are relatively high, resulting in high level concentration degree. The key companies in agarose market are Lonza, Hispanagar, Bio-Rad Laboratories, Thermo Fisher Scientific Laboratorios CONDA. And the enterprises are concentrated in USA. USA is the largest producer, occupied about 60% production.

According to customer types, agarose is widely used in government, academic, industry, hospitals, pharmaceutical companies. And Agarose is most commonly used as the medium for analytical scale electrophoretic separation in agarose gel electrophoresis.

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In 2017, agarose for electrophoresis occupied more than 76.9% of total amount. With global higher scientific research investment from government, enterprises, research institutions, schools, etc. the demand for agarose is expected to increase during the remaining years of the forecast period of 2017-2025. Agarose industry will usher in a stable growth space.

However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of agarose. Therefore, to some extent, the companies face the risk of profit decline.
According to this study, over the next five years the Agarose market will register a 8.3% CAGR in terms of revenue, the global market size will reach US$ 114.4 million by 2024, from US$ 77 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Agarose business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Agarose market by product type, application, key manufacturers and key regions and countries.

This study considers the Agarose value and volume generated from the sales of the following segments.

Segmentation by product type: –

Breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Standard Melting Agarose
Low Melting Point Agarose
Others

Segmentation by application: –

Breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Agarose Gel Electrophoresis
Protein Purification
Others

This report also splits the market by region: –

Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: –

Breakdown data in in Chapter 3.
Lonza
Hispanagar
Bio-Rad Laboratories
Thermo Fisher Scientific
Laboratorios CONDA
Amresco
Biotools
Biskanten

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives: –

• To study and analyze the global Agarose consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
• To understand the structure of Agarose market by identifying its various sub segments.
  Focuses on the key global Agarose manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Agarose with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
• To project the consumption of Agarose submarkets, with respect to key regions along with their respective key countries.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

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