The market for analytical standards is highly competitive. The major players in the market are Sigma-Aldrich, Thermo Fisher Scientific, Merck, and Agilent Technologies. These companies are well-established and have a strong presence in the market. They offer a wide range of analytical standards, which gives them a competitive edge. Other companies in the market include Waters Corporation, GE Healthcare, and PerkinElmer. The global analytical standards market is fragmented, with a large number of regional and local players. The competitive landscape is expected to intensify in the coming years as companies focus on expanding their product portfolios. Detailed analysis of the key companies has been included in the report. This includes company overview, financial overview, business strategies, and recent developments.
An analytical standard is a compound of high purity and known concentration to be used as a calibration standard for a given assay. The areas of trace analysis, petrochemical, environmental, clinical, food and beverage, certified reference materials, GMO standards, cosmetic, forensic & veterinary are covered by the analytical standards that are offered for chromatography (HPLC, GPC, GC), electrophoresis, microscopy, spectroscopy, titration, and physical properties.
As per recent studies published by the global research hub, the Analytical Standards market is set to expand at a CAGR of 7.1% over 2020-2028 and hit revenue worth nearly USD 2,235.27 by 2028.
We will discuss some of the Key players operating in the Analytical Standards Market
Sigma-Aldrich Co., LLC. (a Merck KGaA Company)
Merck KGaA was founded in 1979, and it is headquartered at Darmstadt, Germany. The company operates in life science, healthcare, and performance materials globally. The company provides prescription medicines for growth hormone, treat infertility, type 2 diabetes, deficiencies, thyroid diseases, diagnostics, and prescription drugs for allergen immunotherapy. Under life science segments the company offers its products to clinical and diagnostics, emerging biotech, food and beverage, industrial, pharma and biopharma manufacturing.
Thermo Fisher Scientific, Inc.
Thermo Fisher Scientific was established in 1956 in the U.S. The Company provides analytical and other instruments, laboratory equipment, software, consumables, reagents, instrument systems, chemicals, supplies, and services under the Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, and Unity Lab Services brands worldwide. The company serves pharmaceutical and biotech companies, universities, research institutions, government agencies, hospitals and clinical diagnostic laboratories through its major brands. The company sells its products to the government through various contracts. It has engineering, laboratory and production facilities in the US, the UK, Singapore, the Netherlands, China, Germany, India, South Korea, Italy, Japan, Australia, France, Sweden, Switzerland, Canada, Austria, Mexico, Norway, Lithuania and New Zealand.
Waters Corporation
Waters Corporation is an analytical laboratory instrument and software company. It designs, manufactures, sells, and services high-performance liquid chromatography, ultra-performance liquid chromatography, and mass spectrometry technology systems and support products, as well as thermal analysis, rheometry, and calorimetry instruments. The Company also develops and supplies software-based products.
LGC Limited
LGC operates across a wide range of science services through five divisions – Standards, Genomics, Health Sciences, Science and Technology and Forensics. The company is a global leader in scientific development, excellence, and innovation. the company spread its business in a number of sectors, including pharmaceuticals and biotechnology, food, agricultural biotechnology, sports as well as the government (police forces). Company is the UK National Measurement Institute for Chemical and Bioanalytical measurement, offering accelerated development in program management, research, and testing.
RICCA Chemical Company
Ricca offers a robust variety of chemicals, analytical solutions and standards including recently launched product lines for Karl Fischer testing (HydroSpec®), Ion Chromatography Standards (VeriSpec®) and for the testing, growing and processing of cannabis products (Cannabis Solutions).
Restek Corporation
Restek is a developer and manufacturer of chromatography products. The company provides analysts with the tools they need to monitor the quality of air, water, soil, foods, pharmaceuticals, chemical, and petroleum products.
Agilent Technologies Inc.
Agilent Technologies Inc. Was founded in 1999 and it is headquartered at Santa Clara, CA, U.S. The company offers application-based solutions to diagnostics, life sciences, and applied chemical markets across the globe. The company’s product portfolio includes chromatography, mass spectrometry, cell analysis, certified pre-owned instruments, FISH probes, special stains, companion diagnostics, lab management, lab consulting, and others. The company serves its products worldwide and it employs 13,500 employees.
Spex Certiprep
SPEX CertiPrep manufactures and supplies organic and inorganic certified reference materials, sample preparation equipment, and laboratory products for spectroscopy, chromatography, and other analytical instrumentation. The company offers organic standards, such as GC, GC-MS, LC, and LC-MS standards; and inorganic standards, which comprise AA/ICP-AES, CLP, ICP-MS, IC/ISE, cyanide, organometallic oil, and XRF/fusion standards.
Cayman Chemical Company
Cayman Chemical Company is headquartered in Ann Arbor, Michigan, Cayman Chemical Company supplies scientists worldwide with the resources necessary for advancing human and animal health. We manufacture high-quality biochemical, assay kits, antibodies, and recombinant proteins and offer contract services for custom chemical synthesis/analysis, assay development/screening, and drug discovery.
Accustandard Inc.
Founded in 1986, AccuStandard is a leading manufacturer of Certified Reference Materials (CRMs). The company started in a business incubator co-sponsored by Yale University and The City of New Haven at the former site of Olin Chemical Company in New Haven, Connecticut, USA. AccuStandard offers a comprehensive selection of organic, inorganic and petroleum reference standards for chemical analysis, serving a global market.