Global Chromatography Resins Market Trends 2018-2023 and Forecast to 2030

Global Chromatography Resin Market

Dublin, March 19, 2024 (GLOBE NEWSWIRE) — The report Global Chromatography Resin Market Size, Share & Trends Analysis by Product (Natural, Synthetic), Technology (Ion Exchange, Affinity), End Use (Pharma & Biotech, Food & Beverages), Region and Segment Forecasts, 2024-2030″ has been added to ResearchAndMarkets.com supply.

The global chromatography resin market size is expected to reach USD 3.94 billion by 2030 and expand at a CAGR of 6.8% according to the report. The growth is mainly due to the ever-increasing need for drug development activities for the production of biopharmaceuticals and biologics for diagnostics.

In North America, the pharmaceutical industry has been advancing for years and is growing at a faster rate, resulting in a booming demand for ion exchange chromatography resin. Furthermore, high healthcare expenditure and the presence of major pharmaceutical market leaders in the US are the major drivers of the chromatography resins market in the North American region.

Some of the key players operating in the industry are constantly taking initiatives to develop more efficient and innovative products in an effort to strengthen their position in the global market. During the COVID-19 pandemic, chromatographic resin manufacturers, including Purolite, TriAltus Biosciences and Avantor, were primarily engaged in research and development to develop new products. For example, TriAltus Biosciences, a developer of innovative protein purification tools, has developed a new CL7/Im7 system, a protein purification technology. This technology was developed to assist the Cancer Institute in developing a vaccine against COVID-19.

Chromatography Resin Market Report Highlights

• Asia Pacific is expected to witness the fastest growth rate globally with a CAGR of 7.5% in terms of revenue over the forecast period. This is due to government initiatives in Asian countries, especially China and India, to boost the pharmaceutical industry

• Ion exchange technique is expected to show a rapid growth rate of 7.7% CAGR in terms of revenue from 2023 to 2030. This is due to rapid increase in drug discovery activities in developed as well as developing economies. around the world

• The pharmaceutical and biotech end-use segment contributed the highest share, accounting for more than 83% from 2023 to 2030, owing to steady demand from pharmaceutical companies and CROs for drug discovery processes

• Additionally, the food and beverage segment witnessed a growth rate of 7.5% in terms of revenue. This high growth rate is due to increasing application in F&B processes such as aflatoxin detection in food, vitamin separation, amino acid analysis, food component profiling, colorants and residues analysis, sugar content analysis and others

• The natural segment appears to be the largest contributor to the global revenue share at more than 51%. This high share is due to the increasing demand for natural resin derived from natural sources that meets the regulatory support for use in various applications, further adding to the growth of the segment

The story continues

Key attributes

Key topics covered

Chapter 1 Methodology and Scope

Chapter 2 Summary
2.1 Market snapshot
2.2 Segment snapshot
2.3 Snapshot of competitive landscape

Chapter 3 Chromatography Resin Market: Market Variables, Trends and Scope
3.1 Market Pedigree Perspectives
3.2 Industry Value Chain Analysis
3.2.1 Manufacturing/Technology Trends
3.2.2 Sales channel analysis
3.2.3 List of potential end users
3.3 Analysis of price trends, 2018-2030
3.3.1 Factors Affecting Prices
3.4 Regulatory framework, by region
3.5 Market Dynamics
3.5.1 Market Engine Analysis
3.5.2 Analysis of market constraints
3.5.3 Analysis of market challenges
3.5.4 Analysis of market opportunities
3.6 Analysis of the business environment
3.6.1 Porter’s analysis
3.6.2 PESTEL analysis

Chapter 4 Chromatography Resin Market: Vendor Portfolio Analysis
4.1 List of key suppliers of raw materials
4.2 Trends in raw materials
4.3 Portfolio Analysis/Kraljic Matrix
4.4 Engagement Model
4.5 Negotiation Strategies
4.6 Sourcing Best Practices

Chapter 5 Chromatography Resin Market: Type Assessments and Trend Analysis
5.1 Trend Analysis by Type and Market Share, 2023 and 2030
5.1.1 Naturally
5.1.2 Synthetic
5.1.3 Others

Chapter 6 Chromatography Resin Market: Technique Assessments and Trend Analysis
6.1 Technology Trend Analysis and Market Share, 2023 and 2030
6.1.1 Ion exchange
6.1.2 Affinity
6.1.3 Hydrophobic interaction
6.1.4 Size Exclusion
6.1.5 Others

Chapter 7 Chromatography Resin Market: End-Use Estimates and Trend Analysis
7.1 End-Use Trend Analysis and Market Share, 2023 and 2030
7.1.1 Pharmaceutical and biotechnology
7.1.2 Food and Beverage

Chapter 8 Chromatography Resins Market: Regional Estimates and Trend Analysis
8.1 Chromatography Resins Market: Regional Outlook
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 Central and South America
8.6 Middle East and Africa

Chapter 9 Competitive landscape
9.1 Participant review
9.2 Financial Results
9.3 Product Benchmarking
9.4 Recent Development and Impact Analysis by Key Market Players
9.5 Company Categorization
9.6 Company Market Share Analysis, 2023
9.7 Company Heat Map Analysis
9.8 Strategy Mapping
9.9 Company Registration
9.9.1 Merck KGaA
9.9.2 Bio-Rad Laboratories, Inc.
9.9.3 Thermo Fisher Scientific, Inc.
9.9.4 GE Healthcare
9.9.5 Purolite Corporation
9.9.6 WR Grace & Co.
9.9.7 Mitsubishi Chemical Corporation
9.9.8 Tosoh Corporation
9.9.9 Danaher Corporation

For more information on this report, visit https://www.researchandmarkets.com/r/yzkgro

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