Chromatography Resins Market Analysis, Key Players, and Forecasts Till 2030

San Francisco, California , USA, June 15, 2022 — /EPR Network/ —

Chromatography Resins Industry Overview

The global chromatography resin market size was valued at USD 1.90 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 5.4% from 2022 to 2030.

The growth in this market is attributable to the rising demand for the chromatography technique from pharmaceutical, chemical, food & beverage, and other industries. High R&D investments in the industry have propelled the development of several products, resulting in the improved productivity as compared to conventional products. Chromatography resin is one of the notable examples of the evolving industry dynamics. It has gained a considerable market share in recent years across several end-use industries owing to its high accuracy and ease of use.

The U.S. is expected to remain a major consumer in the industry as most of the pharmaceutical companies are based in the U.S. This region has seen strong growth due to focused government spending on research and development. The rise in disposable income has also directly translated into increased spending on essential and preventive healthcare services, thereby boosting product consumption.

Gather more insights about the market drivers, restrains and growth of the Global Chromatography Resins Market

Increasing demand for therapeutic antibodies for treating patients is also a major driver that is triggering industry growth. The shifting trend toward replacing conventional separation techniques, such as distillation and filtration using chromatography is also driving innovation for the use of the product in numerous new segments. The chromatography resin industry is oligopolistic in nature. The major players hold more than 60% share, while regional players have control over the remaining share. The pricing and various other strategic initiatives of the market depend on the top market players.

Browse through Grand View Research’s Specialty Polymers Industry Research Reports.

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Chromatography Resin Market Segmentation

Grand View Research has segmented the global chromatography resin market on the basis of type, technique, end-use, and region:

• Chromatography Resin Type Outlook (Revenue, USD Million; Volume, Thousand Liters, 2018 – 2030)
  • Natural
  • Synthetic
  • Inorganic

• Chromatography Resin Technique Outlook (Revenue, USD Million; Volume, Thousand Liters, 2018 – 2030)
  • Ion exchange
  • Affinity
  • Hydrophobic interaction
  • Size exclusion
  • Others 

• Chromatography Resin End-use Outlook (Revenue, USD Million; Volume, Thousand Liters, 2018 – 2030)
  • Pharmaceutical & Biotechnology
  • Food & Beverage 

• Chromatography Resin Regional Outlook (Revenue, USD Thousand; Volume, Thousand Liters, 2018 – 2030)
  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa (MEA

Market Share Insights

• April 2020: TriAltus Biosciences has developed protein purification technology (novel CL7/Im7 system) to aid the providence cancer institute in COVID-19 vaccine development.

Key Companies profiled:

Some of the prominent players in the chromatography resins market include:

• Merck KGaA
• Bio-Rad Laboratories, Inc.
• Thermo Fisher Scientific
• WIPRO GE HEALTHCARE PVT LTD
• Purolite
• GRACE
• Mitsubishi Chemical Holdings Corporation.
• Danaher

Order a free sample PDF of the Chromatography Resins Market Intelligence Study, published by Grand View Research.