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Market Size – USD 1,854.1 Million in 2019, Market Growth - CAGR of 7.3%, Market Trends –Growing demand for green chromatography

VANCOUVER, BC, CANADA, April 1, 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.

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.

The report is updated with the impact of the COVID-19 pandemic on the chromatography resins market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the chromatography resins market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the chromatography resins market.

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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.

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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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 2020-2027. 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

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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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