Chromatography is basically a process to separate mixtures of colored compounds into the individual components. Resins are known as one of the important components used in chromatographic techniques. It mainly helps in isolation or extraction of the desired component from mixtures of compounds. Resins are widely used in gel filtration, affinity, hydrophobic interaction, ion-exchange, size exclusion, and mixed-mode chromatographic techniques. Resins are basically incorporated into chromatography devices to conduct a variety of industrial/research needs, including diagnostic test development, food & drug processing, purification, and separation of biomolecules. In chromatography based purification, proper choice of appropriate resin is an important step as resins are crucial for ensuring effective & accurate separation of individual components. The chromatography resins market is significantly growing under the influence of emerging biopharmaceuticals, biotechnology, and food & beverage industries.
MARKET DYNAMICS
The chromatography resins market has witnessed significant growth owing to factors such as wider application in industries such as pharma & biotechnology, food & beverage, water & environmental analysis, and others. Growth in the market can be attributed to the mounting demand for products from the pharmaceutical sector, for drug discovery, with the development of novel resins, which have better productivity in comparison to conventional resins. Furthermore, increasing demand for resins mainly for protein purification, drug assessment, monoclonal antibody production, and food processing have again triggered the growth of this market. In addition to that, huge investment in research & development by life science companies, extensive academic & industry collaborations, and the latest innovation in purification technology has further driven the global chromatography resins market. However, the presence of other advanced analytical techniques, including protein crystallization, electrophoresis, and charged ultrafiltration membranes, may further hamper the growth of the chromatography reagents market globally. Nevertheless, with the steady growth in the medical science and biotechnology sector, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The Global Chromatography Resins Market Analysis to 2028? is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chromatography resins market with detailed market segmentation by type, application, technique, and geography. The global chromatography resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading chromatography resins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global chromatography resins market is segmented on the basis of type, application, and technique. On the basis of type, the chromatography resins market is segmented into natural, synthetic, and inorganic media. The chromatography resins market on the basis of the application is classified into pharma & biotechnology, food & beverage, water & environmental analysis, and others. On the basis of technique, global chromatography resins market is bifurcated into ion exchange, affinity, hydrophobic interaction, size exclusion, and multimodal.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global chromatography resins market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The chromatography resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the chromatography resins market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chromatography resins market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global chromatography resins market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chromatography resins market are anticipated to lucrative growth opportunities in the future with the rising demand for chromatography resins in the global market. Below mentioned is the list of few companies engaged in the chromatography resins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chromatography resins market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Avantor Performance Materials, Inc.
- Bio-Rad Laboratories, Inc.
- General Electric Company (GE Healthcare)
- Merck KGaA
- Mitsubishi Chemical Corporation
- Pall Corporation (Danaher Corporation)
- Purolite Corporation
- Repligen Corporation
- Thermo Fisher Scientific Inc.
- Tosoh Corporation