Chromatography Resin Market Overview
The global chromatography resin market is anticipated to reach USD 2.4 billion by 2021 and growing at a CAGR of 8.51% during the forecasting period, 2021-2028.
The Chromatography Resin market witnessed an additional growth in 2020, owing to the increasing use of chromatography techniques in the approval of various drugs. Currently, an increasing number of research activities are being performed to test the impact of COVID-19 on human bodies, as the outbreak has led to a crisis around the world. In addition, technological advancement and the increasing importance of chromatography in laboratories, forensic labs, and pharmaceutical R&D will enhance market growth during the forecast period.
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Factors such as increasing demand for therapeutic antibodies, public-private investment in pharmaceutical & life science research, and rising concern for food safety will drive the chromatography resin market. North America is the key market for chromatography resin, globally, followed by Europe and Asia-Pacific, in terms of volume and value.
Key Findings
The global chromatography resin market is segmented into Type, Technique, Application, and Geography.
Type segment is segmented into Natural, Synthetic, and Inorganic Media.
Technique segment is segmented into Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Multimodal.
Application is segmented into Pharma & Biotechnology, and Food & Beverage.
Geographically, the global chromatography resin market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions.
Chromatography Resin Market Regional Analysis
Europe region has come up as the prominent region for the leading share in the overall global market during the forecast period 2021-2028.
Chromatography Resin Market Competitive Landscape
Key players
- GE Healthcare
- Merch KGaA
- Thermo Fisher Scientific Inc.
- Cytiva
- Tosoh Corporation
- Sartorius Stedim Biotech S.A.
- Bio-Works Technologies AB
- Avantor Performance Materials Inc.
- Mitsubishi Chemical Corporation
- Purolite Corporation
- Repligen Corporation
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Chromatography Resin Market Recent Developments
The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:
- In 2016, the patent of AbbVie’s Humira (Adalimumab), indicated in the treatment of autoimmune diseases and moderate-to-severely active rheumatoid arthritis, expired in the US. It expired in Europe in 2018. This is expected to create significant opportunities for lower-priced Adalimumab biosimilars in the US and Europe.
Reasons to Acquire in the Chromatography Resin Market
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
- Gain authentic and granular data access for the chromatography resin market so as to understand the trends and the factors involved in changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Frequently Asked Questions
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