The global chromatography resins market is projected to be worth USD 3,269.9 Million by 2027, according to a current analysis by Emergen Research. The chromatography resin market observes high demand attributed to its rising application in the drug development process as biotherapeutic development advances have produced a wide range of complex molecules, posing complex purification challenges.
Affinity or liquid chromatographic technology has garnered immense significance as a preferred method of separation in pharmaceutical, biotechnology, biochemistry, and environmental science. The technology is primarily a more precise and efficient method for protein purification. Foods & beverages and associated raw materials require chemical testing for an extensive range of constituents and the determination of contaminants encompassing antibiotics, pesticides, heavy metals, and pollutants.
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Some Key Highlights from the Report
In October 2019, Danaher entered into an agreement with Sartorius Stedim Biotech to divest its three life sciences tools businesses for worth about USD 750.0 million. As per the agreement, Sartorius would acquire chromatography hardware & resins, label-free biomolecular characterization, and microcarriers & particle validation standards businesses of Danaher.
Synthetic resins are projected to grow at the fastest rate of 8.2% in the forecast period, owing to its growing demand in the pharmaceutical, biotechnology, and food & beverage industry. These resins find extensive usage in ion-exchange chromatography.
Multimodal technology involves deploying two or more separation modes and usually combines hydrophobic interactions and ion-exchange methods to realize sensitivity and selectivity. Automated multi is emerging as a promising technology in improving reproduction and reproducibility and allows complex purification to be done in a shorter time.
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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
Key Players Profiled in the Report are:
Thermo Fisher Scientific Inc., WR Grace & Co., Danaher Corporation, Merck KGaA, GE Healthcare, Bio-Rad Laboratories Inc., Purolite Corporation, Tosoh Corporation, Mitsubishi Chemical Corporation, and Kaneka Corporation, among others.
Furthermore, the report provides a comprehensive overview of the Chromatography Resins market along with product portfolio and market performance. The report offers key insights into market share, supply chain analysis, demand and supply ratio, import/export details, and product and consumption patterns. To gain a better understanding, the report is further segmented into sections such as product types offered by the market, application spectrum, companies, and key geographical regions where the market has established its presence.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Chromatography Resins market expected to boost the growth of the industry in the coming years.
Emergen Research has segmented the global chromatography resins market on the basis of type, technology, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Natural
Synthetic
Inorganic Media
Technology Outlook (Revenue, USD Billion; 2017-2027)
Ion Exchange
Hydrophobic Interaction
Affinity
Size Exclusion
Multimodal
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Pharmaceutical
Biotechnology
Drug Discovery
Drug Production
Food & Beverage
Water & Environmental Agencies
Others
Key Questions Answered in the Report:
What is the growth rate of the Chromatography Resins market? What is the anticipated market valuation of Chromatography Resins industry by 2027?
What are the key growth driving and restraining factors of the Chromatography Resins market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Chromatography Resins industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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