Global Chromatography Resins Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Chromatography Resins Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global chromatography resins market has been segmented on the basis of product, technique, end-use, as well as regions and countries.
The are 3 types of chromatography resins, viz., natural, inorganic, and synthetic media. Chromatography resins are used in the purification and separation of proteins and other bio-molecules in food manufacturing, biotechnology, pharmaceutical and environmental analysis.
Chromatography resins allow for the separation and purification of proteins. As such, are widely used in the biotechnology and biopharma sectors, as well as the pharmaceutical industry for drug development. Due to the recent surge in demand for products from these industries, the revenue growth of the global chromatography resins market is expected to receive a significant boost in the coming years.
Various initiatives by respective governing bodies, such as the European Medical Agency’s (EMA) approach to uphold food and drug safety regulations are slated to positively contribute to future market growth. Increasing investments by key industry players TriAltus Biosciences, Purolite, Avantor, etc. towards R&D activities for novel product development are also expected to have a considerable impact on the revenue growth of this global market in the years to come.
Segmentation of the global chromatography resins market is as follows:
In terms of product, the natural resins segment accounted for the majority revenue share of the global chromatography resins market in 2019, owing to its extensive use across a host of different industries. Although, the synthetic resins segment is expected to index the fastest rate of revenue growth over the next 10 years.
On the basis of technique, the ion exchange segment accounted for the highest number of revenue shares of the global chromatography resins market, due to the robust expansion of drug development activities across the globe. Increasing focus on drug development by key industry players are expected to continue to significantly fuel growth of this segment. The affinity segment also accounted for considerable revenue growth in 2019.
With respect to end-use, the pharmaceutical segment accounted for the highest revenue shares of the global chromatography resins market in 2019, due to the high consumption of chromatography resins in pharmaceutical processes. The food & beverage segment is also expected to generate a significant rate of revenue growth in the foreseeable future.
Regional Segmentation and Analysis:
North America accounted for the majority revenue share of the global chromatography resins market in 2019, due to increasing healthcare expenditure, the robust expansion of the pharmaceutical industry, as well as the large presence of key market players in this region.
Segmentation of the Global Chromatography Resins Market:
Segmentation by Product:
Segmentation by Technique:
- Ion exchange
- Hydrophobic interaction
- Size exclusion
Segmentation by End-Use:
- Drug Discovery
- Drug Production
- Water and Environmental Agencies
- Food & Beverage
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Merck KGaA
- Bio-Rad Laboratories Inc.
- GE Healthcare Lifesciences
- Thermo Fisher Scientific Inc.
- W. R. Grace & Co.-Conn.
- Mitsubishi Chemical Corporation
- Tosoh Corporation
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