Chromatography Resins Market to Garner Brimming Revenues by 2027
Surging demand for chromatography resins in the drug development process is one of the significant factors influencing the market growth.
VANCOUVER, BC, CANADA, March 17, 2022 /EINPresswire.com/ -- The global chromatography resins market is projected to be worth USD 3,269.9 Million by 2027, according to a current analysis by Emergen Research. The chromatography resin market observes high demand attributed to its rising application in the drug development process as biotherapeutic development advances have produced a wide range of complex molecules, posing complex purification challenges. Affinity or liquid chromatographic technology has garnered immense significance as a preferred method of separation in pharmaceutical, biotechnology, biochemistry, and environmental science. The technology is primarily a more precise and efficient method for protein purification.
Chromatography resins Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2017-2027. The report studies the historical data of the chromatography resins market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the chromatography resins industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the chromatography resins market.
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Prominent Players Analyzed in the Report:
Thermo Fisher Scientific Inc., WR Grace & Co., Danaher Corporation, Merck KGaA, GE Healthcare, Bio-Rad Laboratories Inc., Purolite Corporation, Tosoh Corporation, Mitsubishi Chemical Corporation, and Kaneka Corporation, among others.
Some Key Highlights from the Report
In October 2019, Danaher entered into an agreement with Sartorius Stedim Biotech to divest its three life sciences tools businesses for worth about USD 750.0 million. As per the agreement, Sartorius would acquire chromatography hardware & resins, label-free biomolecular characterization, and microcarriers & particle validation standards businesses of Danaher.
Synthetic resins are projected to grow at the fastest rate of 8.2% in the forecast period, owing to its growing demand in the pharmaceutical, biotechnology, and food & beverage industry. These resins find extensive usage in ion-exchange chromatography.
Multimodal technology involves deploying two or more separation modes and usually combines hydrophobic interactions and ion-exchange methods to realize sensitivity and selectivity. Automated multi is emerging as a promising technology in improving reproduction and reproducibility and allows complex purification to be done in a shorter time.
The market in the Asia Pacific region is projected to grow at the fastest rate of 8.6% in the forecast period attributed to a growing emphasis on developing generic drugs and the growth of the food & beverage industry.
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Furthermore, the report divides the Chromatography Resins market into key segments and sub-segments to offer an analysis of the product type and application spectrum of the industry. It also offers predictions about the segments expected to show significant growth during the projected timeline.
Emergen Research has segmented the global chromatography resins market on the basis of type, technology, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Natural
Synthetic
Inorganic Media
Technology Outlook (Revenue, USD Billion; 2017-2027)
Ion Exchange
Hydrophobic Interaction
Affinity
Size Exclusion
Multimodal
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Pharmaceutical
Biotechnology
Drug Discovery
Drug Production
Food & Beverage
Water & Environmental Agencies
Others
The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2017-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Overview of the Chromatography Resins Market Report:
Introduction, Product Scope, Market Overview, and Opportunities
Analysis of the Manufacturers with sales, revenue, and price analysis
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
In-depth analysis of the risks, restraints, and limitations in the Chromatography Resins industry
The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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