Assessment of the Chromatography Resin Industry, 2023-2028 Featuring Profiles of Key Players Including Bio-Rad Labs, Merck, Danaher, Tosoh, Sartorius Stedim Biotech – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Chromatography Resin Market by type (Natural, Synthetic, Inorganic Media), Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Mixed Mode), Application (Pharmaceutical & Biotechnology, FnB), Region – Global Forecasts to 2028” report has been added to ResearchAndMarkets.com’s offering.

The global chromatography resin market is poised for substantial growth, projected to reach USD 4.1 billion by 2028, marking a notable increase from its 2023 value of USD 2.8 billion, with an impressive CAGR of 8.2%. This comprehensive report meticulously dissects the chromatography resin market, delving into its categorization by type, technique, application, and region, offering size predictions across diverse geographic areas.

The analysis extends to key industry contenders, providing profound insights into their corporate landscapes, product portfolios, services, and pivotal market strategies, spotlighting major players such as Bio-Rad Laboratories Inc., Merck KGaA, Danaher Corporation, Tosoh Corporation, Bio-Works Technologies AB, Avantor Performance Materials, Inc., and Mitsubishi Chemical Corporation, among others.

Chromatography has emerged as a prominent analytical technique for assessing the quality of processed food products and diverse beverages. According to the World Health Organization, the issue of food contamination has gained significant global attention, with the consumption of contaminated food contributing to over 200 different diseases annually. To ensure precise analysis of food products, methods such as liquid chromatography/mass spectrometry/mass spectrometry (LC/MS/MS) and gas chromatography/mass spectrometry (GC/MS) are gaining widespread recognition. This increasing recognition of accurate analytical methods is a key driver behind the growth of the chromatography resin market.

Synthetic resins are estimated to be the fastest growing chromatography resin type of chromatography resin market during the forecast period

Various types of synthetic or manmade polymers, including polyacrylamide, polymethacrylate, and polystyrene, serve as essential media in diverse chromatography applications. Additionally, synthetic copolymers like polystyrene divinylbenzene and methacrylate copolymers are commonly employed as base matrices in chromatography. These resins possess favorable attributes such as high mechanical stability and resistance to a wide pH range, making them well-suited for laboratory and analytical-scale experiments. These compelling characteristics contribute to the growing demand and market expansion for synthetic resins in chromatography applications. In fact, recent market data indicates a significant rise in the adoption of synthetic resins due to their advantageous properties, further bolstering their prominence in the field of chromatography.

Mixed mode is projected to be the fastest growing chromatography technique, in terms of value

Mixed-mode chromatography is an advanced chromatographic technique that incorporates multiple types of interactions between ligands and molecules within an analyte. Its widespread application is observed in the purification of mammalian antibodies and recombinant proteins, making it highly valuable in the biopharmaceutical industry. This technique has garnered significant attention due to its ability to achieve enhanced purification compared to single interaction-based chromatography methods. With mixed-mode chromatography, ligands with different functionalities are combined, allowing for simultaneous interactions such as hydrophobic interactions, ion exchange, and affinity interactions. These multiple interaction modes enable a more comprehensive and precise purification process, leading to higher purity and yield of the target molecules.

Pharmaceutical & Biotechnology is estimated to be the largest application in chromatography resin market, in terms of value, in 2022

The industry’s increasing focus on research and development, particularly within biotechnology companies, is anticipated to drive the demand for chromatography, consequently boosting the market for chromatography resin. The growing expenditure on R&D activities is expected to lead to expanded utilization of chromatography techniques, as they contribute to accurate analysis, quality control, and regulatory compliance in the pharmaceutical sector.

Europe is projected to be the second-largest chromatography resin market, in terms of value, in 2022

In terms of value, Europe emerged as the second-largest market for chromatography resin in 2022. Germany holds a prominent position as the key market for chromatography resins within Europe. Additionally, countries like Austria and Switzerland also exhibit considerable market significance in the region. The presence of numerous pharmaceutical manufacturers and research organizations in these countries has a notable influence on the growth of the chromatography resin market in Europe. The demand for chromatography resins is driven by the requirements of these industries, as they rely on advanced separation and purification techniques for their analytical and manufacturing processes.

Premium Insights

• Growing Demand from Pharmaceutical & Biotechnology Segment to Drive the Market
• North America to be the Largest Market for Chromatography Resin
• US Accounted for the Largest Share of the Chromatography Resin Market in North America
• Ion Exchange to be the Most Widely Adopted Technique During the Forecast Period
• Ion Exchange Led the Global Chromatography Resin Market
• Chromatography Resin Market in India to Register the Highest CAGR Between 2023 and 2028

Market Dynamics

• Drivers
  • Growing Pharmaceutical and Biopharmaceutical R&D Activities
  • Increasing Demand for Therapeutic Antibodies
  • Increasing Demand for Biosimilars
  • Rising Concern for Food Safety
  • Increasing Use of Liquid Chromatography-Mass Spectrometry (LC-MS) in Analytics and Research
• Restraints
  • Lack of Adequate Skilled Professionals
• Opportunities
  • Rise of Contract Manufacturing Organizations (CMOs) and Contract Research Organizations (CROs) in Pharmaceutical Industry
  • Growing Demand for Disposable Pre-Packed Columns
  • Growing Demand for Chromatography in Drug Development and Omics Research
  • Growing Use of Chromatography in Proteomics
• Challenges
  • Presence of Alternative Technologies to Chromatography

Companies Profiled

• Major Players
  • Bio-Rad Laboratories, Inc.
  • Merck KGaA
  • Danaher Corporation
  • Tosoh Corporation
  • Sartorius Stedim Biotech SA
  • Bio-Works Technologies AB
  • Avantor, Inc.
  • Mitsubishi Chemical Corporation
  • Purolite
  • Repligen Corporation
  • Thermo Fisher Scientific Inc.
• Other Key Market Players
  • Novasep
  • Sepragen Corporation
  • Sterogene Bioseparations, Inc.
  • Finex OY
  • Chemra GmbH
  • Sunresin New Materials Co. Ltd.
  • Biotoolomics Limited
  • Cube Biotech GmbH
  • JSR Life Sciences, LLC
  • Ningbo Zhengguang Resin Co. Ltd.
  • Concise Separations
  • Genscript Biotech Corporation
  • Eichrom Technologies, LLC
  • Agilent Technologies, Inc.
  • Kaneka Corporation

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Chromatography Resin Market, by Type

8 Chromatography Resin Market, by Technique

9 Chromatography Resin Market, by Application

10 Chromatography Resin Market, by Region

11 Competitive Landscape

12 Company Profiles

13 Adjacent & Related Markets

14 Appendix

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