Global Laboratory Reagents Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Laboratory Reagents market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Laboratory Reagents market."
Chemical reagent is a substance or a compound that is used in a chemical reaction to detect, examine, measure or produce other chemical substance. The global market for laboratory chemical reagents is expected to witness significant growth due to increased usage of chemical reagents in the large scale commercial applications and basic research activities. Additionally, continuous technological advancements in the field of bio-therapeutics, recombinant DNA and cell culture have enhanced the scientific ability to identify and produce human therapeutics for ages. Hence, this has also contributed in robust growth of the market. 
The technical barriers of laboratory chemical reagents are relatively not high, resulting in low level concentration degree. The key companies in in laboratory chemical reagents market include Merck, Thermo, TCI, American Element, Sinopharm, Xilongchemical, ABCR, BOC Sciences, Wako-chem, Kanto, etc. USA is the largest producer and consumer, followed by Europe, China.

However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of laboratory chemical reagents. Therefore, to some extent, the companies face the risk of profit decline.

The global Laboratory Reagents market is valued at 18300 million US$ in 2018 is expected to reach 29800 million US$ by the end of 2025, growing at a CAGR of 6.3% during 2019-2025.
This report focuses on Laboratory Reagents volume and value at global level, regional level and company level. From a global perspective, this report represents overall Laboratory Reagents market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Merck
    Thermo
    TCI
    American Element
    Sinopharm
    Xilongchemical
    ABCR
    BOC Sciences
    Wako-chem
    Kanto
    Scientific OEM
    Glentham Life Sciences
    JHD
    SRL Chemical
    Applichem
    JUNSEI
    Euroasia Trans Continental
    Aladdin
    Jkchemical

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Solvents
    Acids
    Standards
    Dyes
    Solutions

Segment by Application
    Government
    Academic
    Industry
    Pharma
    Environmental institutions