Global Chromatography Resins market overview 2024, Forecast To 2033
26 Jan, 2024
The chromatography resins market has experienced substantial growth, advancing from $2.73 billion in 2023 to $2.97 billion in 2024, with a CAGR of 9.1%. This growth in the historic period is attributed to increased biopharmaceutical production, expanded applications in analytical and research fields, growth in the pharmaceutical industry, increased involvement in academic and clinical research, and the overall growth of the pharmaceutical industry. Looking ahead, the market is expected to see strong growth, reaching $4.32 billion in 2028, with a CAGR of 9.8%. Factors contributing to this growth include increasing drug development, precision medicine research, adherence to regulatory and quality standards, the growth of emerging markets, and the promotion of green chemistry initiatives. Major trends in the forecast period include the introduction of separation technologies, technological advancements, customized resin solutions, innovations in industrial and biotechnology, and advanced chromatography techniques.
Global Chromatography Resins Market Key Driver
The chromatography resins market is poised for growth due to the rising prevalence of cancer cases globally. In 2022, the American Cancer Society reported an estimated 1.9 million new cancer diagnoses in the United States. This increase in cancer cases is expected to drive the chromatography resins market in 2023, with continued growth in 2024 and 2028.
Get A Free Sample Of The Global Chromatography Resins Market ReportGlobal Chromatography Resins Market Segments
The global chromatography resins market covered in this report is segmented –
1) By Product Type: Native, Synthetic
2) By Technology Type: Affinity Chromatography, Anion Exchange Chromatography, Cation Exchange Chromatography, Size Exclusion, Hydrophobic Interaction
3) By Application: Pharmaceutical And Biotechnology, Food And Beverage, Water And Environmental Analysis, Other Applications
By Geography: The regions covered in the Chromatography Resins market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa.
Major Chromatography Resins Industry Players
Merck KGaA, Bio-Rad Laboratories Inc., GE Healthcare Life Sciences, Thermo Fisher Scientific Inc., Purolite Corporation, W. R. Grace and Company, Mitsubishi Chemical Corporation, Tosoh Corporation, Danaher Corporation, Life Technologies Corporation., Repligen Corporation, Pall Corporation a Danaher operating company under the Cytiva brand, Cytiva a Danaher operating company, Bio-Works Technologies AB, E. I. du Pont de Nemours and Company, Agilent Technologies Inc., Avantor Inc., Waters Corporation, Nouryon Holding B.V., ChromaTan Corporation, BIA Separations GmbH, KANEKA Corporation, Sepax Technologies Inc., YMC Co Ltd., Phenomenex Inc., MilliporeSigma, 'Roche Diagnostics International Ltd, Axion BioSystems Inc.
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Chromatography Resins Market Overview
The chromatography resins market are used to capture and polish monoclonal antibodies (mAbs), antibody fragments, vaccines, and other biomolecules using a stationary phase. The mobile phase drives the sample and the chromatography resins in the stationary phase allowing its purification.
Chromatography Resins Global Market Report 2023 provides data on the global chromatography resins market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The chromatography resins market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.