Blog - FAQ Questions of Certified Reference Materials Market


Certified Reference Materials (CRMs) Market Expected to reach a high CAGR during the forecast period 2022-2029: DataM Intelligence

Frequently Asked Questions

Q1) What is the CAGR & Market Value of the Global Certified Reference Materials Market during the forecasting period 2020-2027?

Ans) The global certified reference market valued US$ 1,182.38 million in 2019 and is estimated to reach US$ 1,934.85 million by 2027, growing at a CAGR of 6.8% during the forecast period


Q2) Which is the base year calculated in the Global Certified Reference Materials Market?

Ans) The base year considered in the Global Certified Reference Materials Market is 2019.


Q3) What are the major factors driving the Certified Reference Materials Market?

  • Increasing use of pesticides for crop protection and its growing side effects on the population
  • Improving analytical chemistry applications, including in forensic science, clinical analysis, environmental analysis, and materials analysis


Q4) What is the major restraint for the Certified Reference Materials Market?

  • Lack of financial resources restrict the comprehensive use of available CRMs

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Q5) What segments are covered in the CRMs Report?

Ans) CRMs report covers segments like Type, Application, End-user and Region.


Q6) Largest application segment  of CRMs market?

Ans) Environmental analysis holds the topmost position as the largest application segment of the Certified Reference Materials market. The segment had build revenue of 6.2% in 2019


Q7)  Which region occupies the highest market share in 2019?

Ans) North America occupied the highest market share of about 38.2% in 2019.


Q8) Which region is fastest growing during the forecast period 2020-2027.

Ans) Asia-Pacific is growing at the CAGR of 10.2% during the forecast period (2020-2027).


Q9) Key player involved in CRMs report ?

Ans) The key players operating in the global certified reference materials market are Merck KGaA, Agilent Technologies, Inc., European Commission's Joint Research Centre (JRC), Starna Scientific Limited, LGC Science Group Holdings Limited, ATCC, Paragon Scientific Ltd., Hellma and Phenomenex Inc.


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