Chromatography Resin Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

Chromatography Resin Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2029
Global Chromatography Resin Market to grow at a CAGR of over 6.4% from 2019 to
2029.
The main driver for the chromatography resins a huge demand for monoclonal
antibodies. There has been a huge demand for monoclonal bodies owing to a
growing number of critical diseases resulting in these types of therapeutics to swiftly
gain significance. Food analytics is also one of the major drivers for the
chromatography resins market. Chromatography resins are used in nutraceuticals
and nutritional chemistry. Chromatography resins are used to detect food additives
(adulteration) which have been major issues in the food industry. Biotechnology &
pharmaceuticals are the leading end-users for chromatography resins and are likely
to gain more importance in the near future. Chromatography resins are also used in
industrial applications such as water treatment and environmental analysis. Some of
the academic uses of chromatography resins are in genetic engineering and drug
recovery which can provide various opportunities for the chromatography resins
market. In spite of numerous applications, regulations associated with these
applications can act as a major restraint for the chromatography resins market in the
coming years.
Surging demand for the product in chromatography tests in drug approvals is
expected to drive the market growth. Factors such as increasing R&D spending on
pharmaceuticals and growing demand for therapeutic antibodies are anticipated to
favor the market growth. Additionally, the rising use of Chromatography Resins as a
separation technique in the food and beverage industry is further expected to boost
market growth. Growing investments in emerging economies of Asia-Pacific and
growing demand for biosimilars is likely to provide lucrative opportunities to the
market players. Furthermore, the growing importance of green chromatography and
increasing use of liquid chromatography-mass spectrometry in research is
anticipated to provide ample opportunities to the market players.
However, Chromatography Resins are costlier than other separation techniques
which are expected to hamper the market growth. Additionally, the lack of adequate
skilled professionals in developing countries is further anticipated to hinder the
market growth.
The major firms operating in the Global Chromatography Resin Market are Bio-Rad
Laboratories, Inc. (US), Tosoh Corporation (Japan), Pall Corporation (US), Thermo
Fisher Scientific Inc. (US), Mitsubishi Chemical Corporation (Japan), Avantor
Performance Materials, Inc. (US), GE Healthcare (US), Merck KGaA (Germany), W.
R. Grace & Co. (US), Purolite Corporation (US), and Repligen Corporation (US).
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Market Segmentation:
1. By Type
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Natural Polymer
Synthetic Polymer
Inorganic Media
2. By Technique
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Ion Exchange Chromatography
- Cation Exchange Chromatography
- Anion Exchange Chromatography
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Affinity Chromatography
- Bio-Specific Ligand-Based Affinity Chromatography
- Pseudo Bio-Specific Ligand-Based Affinity Chromatography
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Hydrophobic Interaction Chromatography
Size Exclusion Chromatography
Size Exclusion Chromatography
Multimodal Chromatography
Others
3. By Application
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Pharmaceutical & Biotechnology
- Production
- Academics & Research
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Food & Beverage
Water & Environmental Analysis
Others
4. By Region
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North America
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Europe
Asia Pacific
Latin America
Rest of the World
North America was the leading region for the chromatography resins market. The
demand in this region was mainly driven by biotechnology and pharmaceutical
applications. The U.S. exhibited a major demand for chromatography resins and this
region’s increasing health expense trends have been indirectly driving the market for
chromatography resins. Europe was the other leading market for chromatography
resins in the past few years and is expected to show good growth numbers over the
near future. Pharmaceuticals and food analytics were the major applications for the
chromatography resins in this region. The major European countries such as
Germany, UK, France, and Italy were the major consumers of chromatography resins
in the past decade. There is currently a huge demand for chromatography resins in
the Asia Pacific, particularly from China, South Korea, and India due to the growing
pharmaceutical industry in these countries. Additionally, the emergence of CMOS
and CROs is further driving the chromatography resins market in the Asia Pacific
region. The rest of the world is likely to exhibit stable demand for chromatography
resins market over the forecast period. South America and The Middle East region
are anticipated to be the potential markets for chromatography resins.
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Competitive Landscape:
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Tier 1 players- established companies in the market with a major market
share
Tier 2 players
Emerging players which are growing rapidly
New Entrants
FutureWise Takeaways:
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Growth prospects
SWOT analysis
Key trends
Key data points affecting market growth
Objectives of the Study:
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To provide an exhaustive analysis on the global chromatography resin market
by type, by technique, by application, and by region
To cater comprehensive information on factors impacting market growth
(drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North
America, Europe, Asia Pacific, Latin America, and the rest of the world
To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials
and core competencies
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Global Chromatography Resin Market to grow at a CAGR of over 6.4% from 2019 to 2029. The main driver for the chromatography resins a huge demand for monoclonal antibodies. There has been a huge demand for monoclonal bodies owing to a growing number of critical diseases resulting in these types of therapeutics to swiftly gain significance. Food analytics is also one of the major drivers for the chromatography resins market.