Global Chromatography Resins Market to reach USD 3.51 billion by 2027.
Global Chromatography Resins Market is valued approximately at USD 2.05 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2021-2027. Chromatography resins are used in the separation and purification of proteins and other bio-molecules in biotechnology, food manufacturing, pharmaceutical and environmental analysis. Growing production of monoclonal anti bodies due to rising number of critical diseases such as cancer, rising demand in food analytics, and increasing application in pharmaceutical industry for separating chiral compounds are driving the growth of the market positively. For instance, according to National Cancer Institute (United States), there were 18.1 million new cases and 9.5 million cancer-related deaths worldwide, in 2018, which is expected to reach 29.5 million cases per year and 16.4 million cancer related deaths worldwide by 2040. Furthermore, rising use in water treatment and environmental analysis is expected to boost the demand in coming years. However, lack of skilled professionals, and presence of other advance techniques such as electrophoresis may hinder the growth during forecast period.
Among Asia Pacific, North America, Europe, Latin America and Rest of the World, North America is the market leader in terms of both value and volume because of strong therapeutic monoclonal antibody market which is driving the sale of resin positively. Whereas, Europe is the region growing at the highest rate due to presence of various pharmaceutical companies and research organizations in the region.
Major market player included in this report are:
Merck KGaA
Bio-Rad Laboratories, Inc.
GE Healthcare Lifesciences
Thermo Fisher Scientific, Inc.
Purolite
W. R. Grace & Co.-Conn.
Mitsubishi Chemical Corporation
Tosoh Corporation
Danaher Corporation
Tyson Foods
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Natural
Synthetic
By Technique:
Ion exchange
Affinity
Hydrophobic interaction
Size exclusion
Others
By End-use:
Pharmaceutical
Water and Environmental Agencies
Food & Beverage
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Chromatography Resins Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors