Chromatography Resins Market to reach USD 2.80 Billion by 2025
Chromatography Resin market is valued at USD 1.77 Billion in 2018and expected to reach USD 2.80 Billion by 2025 with the CAGR of 6.8% over the forecast period.
Increasing demand of chromatography resins for protein purification, monoclonal antibody production, drug assessment and food processing have augmented the growth of this market.
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Chromatography resins are used in purification and separation of proteins and other bio-molecules in biotechnology, pharmaceutical, food manufacturing, and environmental analysis. Resins are usually incorporated into chromatography devices to cover a variety of industrial or research needs such as diagnostic test development, food & drug processing and purification, and separation of biomolecules. Chromatography resins are used in affinity, mixed-mode, ion-exchange, hydrophobic interaction and size exclusion techniques. The main advantage of this technique is to combine complementary chromatography methods within a single medium, which can save purification steps and precious sample material. While also potentially providing faster time to results, especially for product impurities that are typically very similar to the target molecule. In chromatography based purification, choice of appropriate resin is an important step since resins are crucial for ensuring effective and accurate separation of individual components. For example, Ion exchange chromatography (IEX) separates proteins with differences in surface charge to give high-resolution separation with high sample loading capacity.
Some of the top key players in the chromatography resins market are,
Bio-Rad Laboratories, GE Healthcare, Tosoh Corporation, Merck KgaA, Pall Corporation, Avantor Performance Materials, Mitsubishi Chemical Corporation, Purolite Corporation, Repligen Corporation, Thermo Fisher Scientific
Global Chromatography Resin market report is segmented on the basis of Type, application and regional& country level. Based upon type Chromatography Resin market is classified into Natural Polymer, Synthetic Polymer and Inorganic Media. Based upon Application Chromatography Resin market is classified into Pharmaceutical & Biotechnology, Food & Beverage, Water & Environmental Analysis and Others.
The regions covered in this Global Chromatography Resin market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Chromatography Resin is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Increasing demand of chromatography resins for protein purification, monoclonal antibody production, drug assessment and food processing have augmented the growth of this market.
There is an ever-increasing requirement for protein production in industrial and academic settings for a range of applications. These include exploratory research, drug discovery initiatives, biopharmaceutical production, target validation, and high-throughput screening. According to BioMed Research International, Some 200 recombinant proteins-based biopharmaceuticals have gained approval so far for human therapeutic and diagnostic use and in excess of 350 are currently in late-stage clinical trials. For example, E. coli is also used for the manufacturing of proteins at large scale, including the assembly of over 30% of protein based drugs. Food and beverage is another dominant end use segment on account of high consumption of chromatography resin in quality control processes. Rising awareness among the public about the quality and safety of food products is encouraging food manufacturers to thoroughly comply with guidelines provided by various food regulatory authorities. However, the presence of other advanced analytical techniques like electrophoresis, protein crystallization, and charged ultra-filtration membranes may hamper the expansion of the chromatography resins market globally. The rise in quality and safety testing of food products, coupled with technological advancement, is expected to create an opportunity for the growth of this market.
Global Chromatography Resin Market Segmentation –
By Type - Natural Polymer, Synthetic Polymer, Inorganic Media
By applications- Pharmaceutical & Biotechnology, Food & Beverage, Water & Environmental Analysis, Others
North America is dominating the Chromatography Resin Market
North America is expected to dominate the growth Chromatography Resin Market, due to increasing demand for therapeutic antibodies for the treatment of patients. The increasing antibody production is in response to a rising number of critical diseases across the world. According to American heart association, 116.4 million, or 46% of US adults are estimated to have hypertension. These are findings related to the new 2017 Hypertension Clinical Practice Procedures. Europe is the second-largest market for chromatography resins, due to huge investment in research and development by life science companies, extensive academic and industry collaborations and innovation in purification technology. Asia-Pacific is expected to be a fastest growing chromatography resins market during the forecast period.
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