LABORATORY GAS GENERATOR MARKET ANALYSIS

Laboratory Gas Generator MarketSize and Trends

Global Laboratory Gas Generator Market Drivers

The companies operating in this market are focused on acquisitions to expand their business, which in turn, is expected to drive growth of the global laboratory gas generator market. For instance, in 2018, Messer Group GmbH acquired majority of Linde AG’s gases business in North America, certain Linde and Praxair business activities in South America with effect from 1 March 2019 in a joint venture called Messer Industries GmbH.

Moreover, in June 2018, Peak Scientific Instruments Ltd had announced about availability of the various innovative products such as “Genius XE 35 and Genius XE 70”, which is a laboratory nitrogen generator. Moreover, new generators are designed by Peak Scientific Instruments Ltd, provides on-demand gas for high performance analytical applications, such as triple-quadrupole LC-MS with variations in flow of analytical grade nitrogen at up to 70 liters per minute, at a purity level of 99.5%.

In addition, Genius XE 35 and Genius XE 70, launched in 2018, which is a laboratory nitrogen generator, represents a major technology advance for Peak Scientific, setting a new benchmark in performance for a laboratory gas generator. Therefore, this innovation by the Peak Scientific Instruments Ltd is expected to fuel demand of laboratory gas generator, which in turn, is expected to boost growth of the global laboratory gas generators market.