According to Stratview Research’s latest report, titled “Chromatography Resin Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2022-2028”, the Chromatography Resin Market is segmented by Type (Natural Polymer, Synthetic Polymer, and Inorganic Media), by Technique Type (Ion Exchange Chromatography, Affinity Chromatography, Hydrophobic Interaction Chromatography, Size Exclusion Chromatography, Multi-Modal Chromatography, and Others), by Application Type (Pharmaceutical & Biotechnology, Food & Beverage, Water & Environmental Analysis, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Chromatography Resin Market.
According to analysts, the Chromatography Resin market is estimated at USD 2.68 billion in 2022 and is likely to grow at a CAGR of 8.03% during 2022-2028 to reach USD 4.26 billion in 2028.
The increasing demand for chromatography resins in pharmaceutical & biotechnology, food & beverage, and water & environmental analysis is driving the market globally.
What is chromatography resin?
Chromatography resins are resins that are used for the separation or purification purpose of proteins or any other bio-molecular particles in pharmaceutical, environmental analysis, food manufacturing, and biotechnology. These resins are categorized into three types, viz., synthetic, natural, and inorganic media. Natural and synthetic resins are favored over inorganic media.
Chromatography resins are used in techniques, such as affinity, mixed-mode, ion exchange, hydrophobic interaction, and size exclusion. These resins immensely support isolating the desired components from any mixture of compounds. They are also used in the separation of molecules and in diagnostic test development.
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s Chromatography Resin Market realities and future market possibilities for the forecast period of 2021 to 2026. The report segments and analyses the market in the most detailed manner in order to provide a panoramic view of the market. The vital data provided in the report can play a vital role in assisting market participants and investors in identifying low-hanging fruits available in the market as well as developing growth strategies to accelerate their growth process.
Based on the technique type, the market is segmented as ion exchange chromatography, affinity chromatography, hydrophobic interaction chromatography, size exclusion chromatography, multi-modal chromatography, and others. The ion exchange chromatography segment is estimated to register the highest growth in the coming five years. The growth is attributed to its extensive use in the pharmaceutical industry.
Based on the application type, the market is segmented as pharmaceutical & biotechnology, food & beverage, water & environmental analysis, and others. The pharmaceutical & biotechnology segment is expected to depict the highest growth during the forecast period. The growth is attributed to the increasing use of chromatography to manufacture drugs, such as monoclonal antibodies and other recombinant proteins.
In terms of regions, Asia-Pacific is expected to register the highest growth in the coming five years for chromatography resins. China, India, and South Korea are the growth engines of the region. The market is sustained by the development of generic drugs in the region. North America and Europe are also expected to offer considerable growth opportunities during the forecast period.
The list of Key Players in the report are –
The market for Chromatography Resin is gradually consolidating with major companies that are performing mergers & acquisitions to quickly gain the leading position and to tap the growing opportunities in this briskly expanding market. Some of the major key players in the Chromatography Resin Market are listed below.
- GE Healthcare
- Tosoh Corporation
- Bio-Rad Laboratories, Inc.
- Merck KGaA
- Pall Corporation
- Avantor Performance Materials, Inc.
- Mitsubishi Chemical Corporation
- Purolite Corporation
- Repligen Corporation
- Thermo Fisher Scientific Inc.
Report Features –
This market report includes the following features –
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints.
- Market trend and forecast analysis.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, M&As etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
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About Stratview Research –
Stratview Research is a leading market research firm that offers wide range of services like syndicated market reports, consulting, sourcing intelligence, and customer research, etc. Stratview Research’s offerings include comprehensive market intelligence in the form of research reports, and consulting services. Our team which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 500 companies.