Chromatography Resins Market Size Probable to Spread Approximately USD 3.07 billion by 2030

 Chromatography Resins Market Industry Overview

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

Growth in the market can be attributed to the mounting demand for the product from pharmaceutical sector, for drug discovery, with the development of novel resins, which have better productivity in comparison to conventional resins. Chromatography technique played a critical role in saving millions of lives around the world since the outbreak of the deadly Ebola virus in 2015, which claimed over 10,000 lives in West Africa. Chromatography proved to be extremely useful in determining more effective antibodies in neutralizing the Ebola virus.

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

Chromatography is also extensively used in other end-use segments such as water and environmental agencies, and food and beverage. It is used in a large range of applications; it is mainly used to separate a complex mixture and can separate compounds based on their molecular weight, size, ionic mobility, boiling point, and polarity. Chromatography is widely used in biotechnology and in food and beverage industries for testing chromatography resin purposes.

The European Medical Agency’s (EMA) initiative to maintain drug and food safety is estimated to drive the market for chromatography resins. Furthermore, low-cost product manufacturers based in the Asia Pacific, especially China and India, are expected to grab a sizable market share. The industry is expected to register growth opportunities in the emerging markets of China and India, where pharmaceutical companies are preferring chromatography techniques over other separation techniques.

In the midst of COVID-19 pandemic, chromatography resin manufacturers such as Avantor, TriAltus Biosciences, and Purolite have taken initiatives and are heavily engaged in R&D activities for product development. For instance, TriAltus Biosciences has developed protein purification technology (novel CL7/Im7 system) to aid the providence cancer institute in COVID-19 vaccine development. Researchers are able to isolate and purify spike protein with higher yields using such technology.

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

  • Disposable Gloves Market: The global disposable gloves market size was valued at USD 12.31 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2022 to 2030.
  • Glutathione Resin Market: The global glutathione resin market size was valued at USD 407.60 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2021 to 2028.

Chromatography Resins Market Segmentation

Grand View Research has segmented the global chromatography resins market on the basis of product, technique, end use, and region:

  • Chromatography Resins Product Outlook (Volume, Thousand Liters; Revenue, USD Million, 2016 - 2027)
    • Natural
      • Agarose
      • Dextran
      • Others
    • Synthetic
      • Silica
      • Polystyrene
      • Others
    • Chromatography Resins Technique Outlook (Volume, Thousand Liters; Revenue, USD Million, 2016 - 2027)
      • Ion exchange
      • Affinity
      • Hydrophobic interaction
      • Size exclusion
      • Others
    • Chromatography Resins End-use Outlook (Volume, Thousand Liters; Revenue, USD Million, 2016 - 2027)
      • Pharmaceutical
        • Drug Discovery
        • Drug Production
      • Water and Environmental Agencies
      • Food & Beverage
      • Others
    • Chromatography Resins Market Regional Outlook (Volume, Thousand Liters; Revenue, USD Million, 2016 - 2027)
      • 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.
  • GE Healthcare Lifesciences
  • Thermo Fisher Scientific, Inc.
  • Purolite
  • R. Grace & Co.-Conn.
  • Mitsubishi Chemical Corporation
  • Tosoh Corporation
  • Danaher

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

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

 

Comments

Post a Comment

Popular posts from this blog

Global Potash Market: Trends, Growth & Forecast 2023-2032

T he global  potash market  size is expected to reach USD 93.50 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032, according to a new study by Grand View Research, Inc. This is attributed to the increasing demand for food and efficient usage of agricultural land. As consumers seek healthier options, there has been a surge in demand for high-value crops like fruits, vegetables, and specialty crops, boosting the demand for potash. Furthermore, the adoption of precision agriculture techniques has become increasingly prevalent in recent years. Precision agriculture involves using advanced technologies and data-driven approaches, such as soil testing and targeted nutrient management, to make informed decisions about fertilizer application.   Farmers are embracing precise and site-specific methods for applying fertilizers, based on field variability and crop requirements. This trend makes way for optimized resource utilization, improved crop performance, and enhanced...
Read more

Smart Ticketing Market Report: Emerging Technologies & Market Opportunities

  The global smart ticketing market size is expected to reach USD 31.65 billion by 2030, growing at a CAGR of 15.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. With the widespread adoption of smartphones, mobile ticketing channels have gained traction, allowing users to purchase, store, and validate tickets directly on their mobile devices, eliminating the need for physical cards or paper tickets. The convenience and ease of use offered by mobile ticketing have contributed to the growth of the market. Smart ticketing systems generate vast amounts of data on passenger journeys, travel patterns, and ticket usage.   Operators leverage this data to gain valuable insights, optimize operations, and improve the overall passenger experience. Data analytics techniques, such as predictive modeling and real-time monitoring, are being applied to enhance efficiency, manage capacity, and offer personalized services, which bode well for smart ticketing...
Read more

Boosting Crop Yields: India Foliar Fertilizer Market Trends & Forecasts

  The  India foliar fertilizer market  size is expected to reach USD 4.9 billion by 2030, expanding at a CAGR of 11.3% during the forecast period, as per a new report by Grand View Research, Inc. The industry growth is majorly driven by surged demand for food due to increasing population coupled with supportive government initiatives and decreasing arable land in the country.   There has been a significant increase in the global prices of fertilizers and foliar fertilizers. As such, farmers falling into small- and marginal-income categories cannot afford to buy fertilizers resulting in reduced agricultural yields. This has led the Government of India to take initiatives to provide fertilizer subsidies to farmers in the country to make them affordable at subsidized prices. For instance, the Government of India announced a subsidy scheme related to fertilizers worth USD 27 billion in 2022 to ensure that fertilizers are affordable for every farmer in the country. Thus, ...
Read more