Laboratory Gas Generators Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Laboratory Gas Generators Market is segmented by type (nitrogen gas generators, hydrogen gas generators, zero air generators, TOC gas generators, and other gas generator types), end-user (food and beverage companies, chemical and petrochemical companies, pharmaceutical and biotechnological companies) and geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America).

Laboratory Gas Generators Market Size

Laboratory Gas Generators Market Summary
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Study Period 2019-2027
Market Size (2023) USD 473.05 Million
Market Size (2028) USD 650.86 Million
CAGR (2023 - 2028) 6.59 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

Laboratory Gas Generators Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Laboratory Gas Generators Market Analysis

The Laboratory Gas Generators Market size is expected to grow from USD 473.05 million in 2023 to USD 650.86 million by 2028, at a CAGR of 6.59% during the forecast period (2023-2028).

COVID-19 impacted the laboratory gas generators market due to the disruption of operation and supply chain, decreased customer demand, and global economic slowdown. Thus, the closure of academic institutions and laboratories across the globe has resulted in a significant loss of segmental revenue for businesses. Moreover, the demand for laboratory gas generators increased during the pandemic due to COVID-19-related laboratory-based research and development activity. For instance, in June 2021, Novagenix used PEAK nitrogen generators in their COVID-19 drug discovery study to assess and certify the efficacy and quality of medications in Turkey. Such usage of laboratory gas generators in drug discovery of COVID drove the demand for laboratory gas generators during the pandemic. Thus, the COVID-19 pandemic has boosted the market's growth and is expected to follow the same traction during the forecast period of the study.

The growth in this market is primarily driven by the rising safety concerns related to conventional gas cylinders use, the growing importance of analytical techniques in drug and food approval processes, and increasing R&D spending in target industries.

Analytical chemistry plays a crucial role in drug development, ensuring novel medications' quality, safety, and efficacy. Although several analytical methods are utilized in the pharmaceutical sector, three general analytical techniques are chiefly used to determine the structure, separate analytes, and quantify target compounds. These include chromatography, spectroscopy, and conventional analytical chemistry techniques. The application of analytical testing is growing for detecting and identifying dangerous chemicals, including both adulterants and pharmaceutically active compounds. In this context, the Azo optics article published in March 2022 stated that ultraviolet/visible (UV/Vis) and infrared (IR) spectroscopy are two standard spectroscopic techniques used to quantify the presence of food additives in their finished food items. These two methods can offer crucial details about the chemical composition, textural traits, and quality-related aspects of food additives. Thus, with the increasing spectroscopy use for analytical testing of the food approval process, laboratory gas generators are also expected to increase, thereby boosting the market growth.

Furthermore, high-performance liquid chromatography (HPLC) techniques use stationary phases containing proteins and phospholipids to simulate the biological environment where diffused drug molecules are known as biomimetic chromatography. The article published by European Chemical Societies in April 2022 mentioned using biomimetic chromatographic data to forecast the aquatic toxicity of drugs and pesticides. Such increasing adoption of these analytical techniques is expected to generate the demand for laboratory gas generators, frequently used to perform them, thereby driving the market growth.

Additionally, the PharmaVoice article published in July 2022 stated that in the five years running up to 2022, the biotechnology sector's R&D spending nearly doubled. As the biotechnology labs are a controlled environment, the nitrogen laboratory gas generators are primarily used in such labs. Thus, with the increasing investment in the biotechnology industries, the growth of laboratory gas generators is anticipated.

Moreover, market players are also involved in strategies such as acquisitions, mergers, and product launches, among others. For instance, in August 2022, Tisch Environmental acquired AADCO Instruments (Advanced Analytical Device Company). The company AADCO is developing a state-of-the-art line of Zero Air Generators.

Hence, factors such as the growing importance of analytical techniques in drug and food approval processes, growing R&D expenditure, and increased market player activities such as mergers and acquisitions are expected to witness growth over the forecast period. However, reluctance to replace conventional gas supply methods and lack of skilled personnel is expected to restrain the market's growth.

Laboratory Gas Generators Market Trends

This section covers the major market trends shaping the Laboratory Gas Generators Market according to our research experts:

Nitrogen Gas Generators is Expected to Hold Significant Share in the Market Over the Forecast Period

Nitrogen gas generator is expected to contribute to the growth of the studied segment over the forecast period. Nitrogen gas generators are machines that separate nitrogen molecules from compressed air. It is widely adopted in the food industry, semiconductors, petroleum, chemistry, and research institutes. Factors such as the growing importance of analytical techniques in drug and food approval processes, rising food safety concerns, and increasing R&D spending in target industries are driving segment growth. Additionally, advantages such as low reactivity with other compounds and the ability to control ambient oxygen levels are increasing the adoption of nitrogen gas generators in carrying out liquid chromatography-mass spectrometry (LC-MS) analysis to operating evaporative light scattering detectors (ELSDs) and maintaining environmental conditions in Vitro Fertilization (IVF) incubators.

Conventional nitrogen cylinders are associated with several downsides, such as a higher risk of leaks. For instance, an NPR study article published in January 2021 demonstrated how dangerous nitrogen leaks had killed six people and caused 11 hospitalizations in the Northeast Georgia poultry plant. The report also mentions that storing vast amounts of pressurized, highly flammable nitrogen in laboratories increases the risk of fire and explosions. Hence there is an increase in demand for advanced nitrogen gas generators as it mitigates these risks. These nitrogen gas generators are compact, consistent, cost-effective, and easy to operate. Thus, such advancements boost the demand for nitrogen gas generators.

Moreover, companies are also involved in marketing strategies such as acquisitions, mergers, and product launches. For instance, in September 2021, another company Nikkiso Cryogenic Industries' Clean Energy & Industrial Gases Group, reported that Nikkiso Cosmodyne recently commissioned its TGNO-1000 gaseous oxygen and nitrogen plant. TGNO is a cryogenic oxygen and nitrogen generator designed to produce three gaseous product streams, which are medium and high-pressure nitrogen and oxygen gas.

Additionally, in July 2021, Scientific Laboratory Supplies launched a line of SLS lab pro gas and liquid nitrogen generators, available exclusively in the UK and Ireland. This technology gives laboratories control over their gas supplies and promotes sustainability by eliminating the need for cross-country transportation of gas canisters.

Likewise, the rising research and expenditure for developing various biologics or pharmaceutical products are also expected to reflect positively on the growing demand for nitrogen gas generators.

Thus, due to the growing preference for nitrogen gas performance over conventional nitrogen cylinders and innovative product launches, the overall market for nitrogen gas generators will grow steadily over the forecast period of the study.

Laboratory Gas Generators Market : Estimated Funding for Research and Development of Vaccines, (in USD Bilion), UnitedStates, 2021-2022

North America is Expected to Hold Significant Share in the Laboratory Gas Generators Market Over the Forecast Period

North America is expected to hold a significant market share, owing to the rise in research and development activities among numerous pharmaceutical and other industries in the region. The major factors driving the growth of the laboratory gas generators market in the North American region include the well-established infrastructure and increased R&D spending for the pharmaceutical industry.

The high expenditure on research and development (R&D) by various pharmaceutical companies and government organizations has been increasing recently in the US, anticipated to drive market growth over the forecast period. For instance, per the 2021 annual reports of Novartis AG, one of the global pharmaceutical companies, invested USD 14,886 million in 2021 for R&D, which increased from USD 14,197 million in 2020. In addition, another major pharmaceutical manufacturer, Pfizer Inc., invested USD 13,829 million in 2021 on R&D, which increased heavily compared to USD 9,393 in 2020, as mentioned in the 2021 annual report of the company. Thus, the increased research and development expenses in the pharmaceutical industry are expected to reflect positively on the demand for laboratory gas generators. They play a crucial role in drug production and down-streaming processes, thereby contributing to the market's growth in this region.

Additionally, in June 2021, Sanofi launched the mRNA Center of Excellence and invested over USD 410.14 million to accelerate developing and delivering next-generation vaccines in the US. Establishing manufacturing facilities to produce advanced vaccines will likely create opportunities for using laboratory gas generators in the pharmaceutical and biopharmaceutical industry segment. Thus, it is expected to drive market growth in the region.

Research organizations and universities are taking initiatives to develop new technologies, which are expected to contribute to the market growth in the country during the forecast period. For instance, in February 2022, the Massachusetts Institute of Technology (MIT) Lincoln Laboratory demonstrated a portable hydrogen fuel generator, a prototype device to convert aluminum into hydrogen fuel. The device is called the Hydrogen Tactical Refueling Point (H-TaRP). It comprises an aluminum dispenser, reactor vessel, water cooling system, and a control system manifold to fill a hydrogen tank.

Therefore, the factors such as rising research and development expenditure, quick adoption of advanced new technologies, and significant market players in this region are expected to contribute to the market's growth in North America during the forecast period.

Laboratory Gas Generators Market - Growth by Region

Laboratory Gas Generators Industry Overview

The market studied is moderately competitive and consists of local players across several countries and some international players. The major players in the laboratory gas generators market include Claind S.r.l., ErreDue spa, F-Dgsi, Labtech S.R.L., LNI Swissgas, Nel ASA, Parker-Hannifin Corporation, Peak Scientific Instruments, Ltd and VICI DBS S.r.l., providing these products across the globe.

Laboratory Gas Generators Market Leaders

  1. Parker-Hannifin Corporation

  2. Peak Scientific Instruments, Ltd.

  3. Claind s.r.l

  4. Linde Plc (Praxair Technology Inc.)

  5. Valco Instruments Company, Inc (VICI DBS SRL)

*Disclaimer: Major Players sorted in no particular order

Laboratory Gas Generators Market Concentration

Laboratory Gas Generators Market News

  • June 2022- LNI launched its new product, the HG MINI hydrogen generator. It has an innovative static drying system that ensures the maximum grade of hydrogen purity and protects the GC with its humidity safeguard.
  • March 2022- PEAK Scientific, a company involved in laboratory-grade gas generators, expanded the manufacturing facilities at Glasgow headquarters. The manufacturing facility increased from 8,500 square feet to just under 12,5000 feet will allow the company to increase its production, improve local employment opportunities and meet increased demands.

Laboratory Gas Generators Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rising Safety Concerns Related to the Use of Conventional Gas Cylinders

      2. 4.2.2 Growing Importance of Analytical Techniques in Drug and Food Approval Processes

      3. 4.2.3 Increasing R&D Spending in Target Industries

    3. 4.3 Market Restraints

      1. 4.3.1 Reluctance to Replace Conventional Gas Supply Methods

      2. 4.3.2 Lack of Skilled Personnel

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value - USD Million)

    1. 5.1 By Type

      1. 5.1.1 Nitrogen Gas Generators

      2. 5.1.2 Hydrogen Gas Generators

      3. 5.1.3 Zero Air Generators

      4. 5.1.4 TOC Gas Generators

      5. 5.1.5 Other Gas Generators

    2. 5.2 By End User

      1. 5.2.1 Food and Beverage Companies

      2. 5.2.2 Chemical and Petrochemical Companies

      3. 5.2.3 Pharmaceutical and Biotechnological Companies

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Claind S.r.l.

      2. 6.1.2 ErreDue spa

      3. 6.1.3 F-Dgsi

      4. 6.1.4 Labtech S.R.L.

      5. 6.1.5 LNI Swissgas

      6. 6.1.6 Nel ASA

      7. 6.1.7 Parker-Hannifin Corporation

      8. 6.1.8 Peak Scientific Instruments, Ltd.

      9. 6.1.9 Linde Plc (Praxair Technology Inc.)

      10. 6.1.10 Valco InstrumenValco Instruments Company, Inc (VICI DBS SRL)

      11. 6.1.11 On Site Gas Systems Inc

      12. 6.1.12 Isolcell S.p.A

      13. 6.1.13 Oxymat A/S

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

Laboratory Gas Generators Industry Segmentation

As per the scope of the report, a laboratory gas generator is a system that delivers a continuous supply of purified gas directly to a system. These generators are used in numerous industries, such as petrochemicals, pharma and biotech, and food and beverages. The Laboratory Gas Generators Market is segmented by type (nitrogen gas generators, hydrogen gas generators, zero air generators, TOC gas generators, and other gas generator types), end-user (food and beverage companies, chemical and petrochemical companies, pharmaceutical and biotechnological companies) and geography (North America, Europe, Asia-Pacific, Middle East, and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value in ( USD million) for the above segments.

 

By Type
Nitrogen Gas Generators
Hydrogen Gas Generators
Zero Air Generators
TOC Gas Generators
Other Gas Generators
By End User
Food and Beverage Companies
Chemical and Petrochemical Companies
Pharmaceutical and Biotechnological Companies
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America

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Laboratory Gas Generators Market Research FAQs

The Laboratory Gas Generators Market size is expected to reach USD 473.05 million in 2023 and grow at a CAGR of 6.59% to reach USD 650.86 million by 2028.

In 2023, the Laboratory Gas Generators Market size is expected to reach USD 473.05 million.

Parker-Hannifin Corporation, Peak Scientific Instruments, Ltd., Claind s.r.l, Linde Plc (Praxair Technology Inc.) and Valco Instruments Company, Inc (VICI DBS SRL) are the major companies operating in the Laboratory Gas Generators Market.

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2023-2027).

In 2023, the North America accounts for the largest market share in the Laboratory Gas Generators Market.

Laboratory Gas Generators Industry Report

Statistics for the 2023 Laboratory Gas Generators market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Laboratory Gas Generators analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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