Chromatography Resin Market Sales Growth Rate | Revenue Drivers & Global Trend | Scope Analysis

Felton, Calif., USA, Jan. 06, 2021 — /EPR Network/ —

The global Chromatography Resin Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global Chromatography Resin Market is estimated to reach USD 2.86 billion by 2025, with a CAGR of 6.5% over the forecast period. Chromatography is a code of techniques used to purify as well as separate bimolecular substances such as proteins. Resin is the stationary matrices in the columns used in aforementioned techniques. Chromatography resins are particularly used in multi-modal, ion-exchange, size exclusion, affinity, and hydrophobic interaction techniques.

Key Players:

• Merck KGaA
• Bio-Rad Laboratories
• Thermo Fisher Scientific
• GE Healthcare Life Sciences
• Chromatography Resinrolite Corporation
• R. Grace and Company
• Mitsubishi Chemical Corp.
• Tosoh Corporation.
• Danaher Corporation.

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Growth Drivers:

The key drivers for the chromatography resins could be the heavy demand for monoclonal antibodies owing to a heighten number of critical diseases concluding in types of therapeutics. Food analytics could be other major drivers for the market, due to its usage in nutritional and nutraceuticals chemistry. It deals with a major issue in food industry by determining the adulteration and additives in the food. Pharmaceuticals and biotechnology are the major end-users for chromatography resins and are estimated to continue with higher numbers.

The industrial applications, such as environmental analysis and water treatment rely on these techniques. Various opportunities for the chromatography resins market could be in the academic usage of drug recovery and genetic engineering. However, government law and regulations integrated with aforementioned applications could be a major restraint for the market in the near future.

Type Outlook:

• Natural
• Synthetic
• Inorganic Media

Technique Outlook:

• Ion Exchange
• Affinity
• Hydrophobic Interaction
• Size Exclusion

End-use industry Outlook:

• Pharmaceutical & Biotechnology
• Food & Beverage

Regional Outlook:

In the past few years, leading manufacturer are adopting strategy of advancement and introduction of new product with higher productivity. Therefore, manufacturers are now investing heavily into R & D activities. North America is estimated to hold a huge revenue share in the industry. The U.S. has witnessed the largest number of demand particularly in biopharmaceutical sector due to its heavy investment and improvement in the R & D. In this region, the growing opportunities for chromatography resins are primarily into Bio and pharmaceutical sector. However, the Asia Pacific domestic market is estimated to witness significant growth over the forecast period owing to its maximum growth in context with consumption.

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