North America NMR Solvents Market was valued at USD 0.12 Billion in 2022 and is projected to reach USD 0.16 Billion by 2030, growing at a CAGR of 3.8% from 2024 to 2030.
North America has established itself as a pivotal hub for Nuclear Magnetic Resonance (NMR) spectroscopy, a technique indispensable for the structural elucidation and analysis of chemical compounds. The region's robust pharmaceutical and biotechnology sectors are the primary drivers of the NMR solvents market, with a projected market size of USD 980.60 million in 2024 and an anticipated compound annual growth rate (CAGR) of 14.2% from 2024 to 2031. citeturn0search1 In the pharmaceutical industry, NMR spectroscopy is crucial for drug discovery and development, enabling detailed characterization of molecular structures and interactions. This capability is essential for the development of new therapeutics and the optimization of existing compounds. The biotechnology sector leverages NMR spectroscopy for protein structure determination, aiding in the design of biologics and vaccines. The precision and non-destructive nature of NMR make it an invaluable tool in these applications. Beyond life sciences, NMR spectroscopy is integral to materials science, facilitating the analysis of polymers, nanomaterials, and advanced electronic materials. This versatility underscores the broad applicability of NMR solvents across various industries. The demand for high-purity deuterated solvents is particularly pronounced, as they provide a "silent" background in NMR experiments, allowing for clear and precise analysis of target molecules. The deuterated NMR solvents market was valued at approximately USD 200 million in 2023 and is projected to reach around USD 350 million by 2030, reflecting a significant growth trajectory. citeturn0search4 Advancements in NMR instrumentation, including higher field strengths and enhanced sensitivity, have further propelled the need for high-quality solvents. The integration of NMR techniques with other analytical methods has also opened new avenues for market growth, particularly in emerging fields such as metabolomics and food analysis. In summary, the North American NMR solvents market is experiencing robust growth, driven by the expanding applications of NMR spectroscopy across various industries. The increasing demand for advanced analytical techniques and the development of innovative solvents are expected to sustain this growth trajectory.
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Cambridge Isotope Laboratories
MilliporeSigma
Fisher Scientific
Center of Molecular Research
FUJIFILM Wako Pure Chemical
TCI
SustGreen Tech
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the North America NMR Solvents Market
NMR
Scientific Research
Based on Types the Market is categorized into Below types that held the largest NMR Solvents market share In 2023.
D2 DMSO
D2 Chloroform
D2 Ethanol
D2 Acetone
D2 Dichloromethane
Others
North America (United States, North America and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the North America NMR Solvents Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. North America NMR Solvents Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America NMR Solvents Market, By Type
6. North America NMR Solvents Market, By Application
7. North America NMR Solvents Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America NMR Solvents Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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