Breaking Down the Laboratory Chemicals Market by Application and Product

The laboratory chemicals market was estimated at USD 27 billion in 2023 and is likely to grow at a CAGR of 4.43% during 2024-2030 to reach USD 36.67 billion in 2030.

Laboratory chemicals are the substances used for performing experimental procedures or to develop drugs or other chemicals. It must maintain its purity to be used in chemical analysis, chemical reactions, or physical testing.