Global Chromatography Resin Market Expected to Generate a Value of USD 3 Billion by End of the Forecast Period, 2019-2024 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Chromatography Resin Market by Type (Natural, Synthetic, Inorganic Media), Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Multimodal), Application (Pharma & Biotechnology, Food & Beverage), Region – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

The global chromatography resin market size is projected to grow from USD 2.1 billion in 2019 to USD 3.0 billion by 2024, at a CAGR of 7.2%.

Growing demand for therapeutic antibodies and increasing biopharmaceutical R&D activities are expected to drive the chromatography resin market

The market is largely driven by the increasing demand for therapeutic antibodies. Chromatography is an essential step in the purification of monoclonal antibodies (mAbs). Over the past decade, there has been a tremendous increase in demand for monoclonal antibodies in oncology and several other therapeutic treatments of Alzheimer’s, and autoimmune and inflammatory disorders. The demand for therapeutic treatments has been growing due to the increasing number of patients. As a result, almost all the major pharmaceutical companies have undertaken R&D of therapeutic antibodies. These factors are further expected to drive the demand in the chromatography resin market.

Synthetic polymer is expected to be the fastest-growing segment, by type of the chromatography resin market, in terms of value, between 2019 and 2024

The synthetic polymer segment is expected to witness the highest growth in terms of value, during the forecast period. The demand for synthetic polymer is expected to be driven by its use in ion-exchange chromatography. Polystyrene divinyl benzene is the most commonly used synthetic polymer, which is being increasingly used in IEX applications because of its better performance characteristics in comparison to natural polymer. The growth of the synthetic polymer segment is projected to be driven by the increasing use in analytical or laboratory-scale applications.

The ion exchange technique segment is projected to account for the largest share of the overall chromatography resin market, in terms of value, between 2019 and 2024

The ion exchange technique segment is the largest technique segment due to rising demand for low-cost consumables offering high-separation efficiency and its ability to offer relatively high accuracy, precision, selectivity, and speed. In most of the biopharmaceutical purification processes, ion exchange chromatography has become an essential step. It is used in combination with other techniques, wherein the use of protein A resins is not a commercially-preferred option. This has led to high demand for ion exchange chromatography resins.

Increasing R&D activities in the pharmaceutical & biotechnology industry, by key player, to drive the demand for chromatogrpahy resin in North America

The North American chromatography resin market is projected to witness considerable growth during the forecast period. Chromatography is used as a major technique in biopharmaceutical research, especially for monoclonal antibodies. The government initiatives, such as healthcare bill, in the US decreases the pressure of regulations related to generic drugs and biosimilars in the country. This, in turn, could accelerate the consumption of chromatography resin. Owing to a rise in the number of critical diseases in the region, the market is poised for higher consumption of resins in the near future. In addition, the adoption of separation technology in a number of areas, such as drug manufacturing and food processing, drives the market for resins in the region.

The report provides insights on the following pointers:

• Market Penetration: Comprehensive information on chromatography resin offered by top players in the global market
• Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the chromatography resin market
• Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for chromatography resin across regions
• Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global chromatography resin market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the chromatography resin market

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Currency

1.4 Unit Considered

1.5 Limitations

1.6 Stakeholders

2 Research Methodology

2.1 Base Number Calculation

2.2 Forecast Number Calculation

2.3 Market Engineering Process

2.4 Assumptions

2.5 Secondary Data

2.6 Primary Data

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in theChromatography Resin Market

4.2 Chromatography Resin Market, By Region

4.3 Chromatography Resin Market in North America,By Technique and Country, 2018

4.4 Chromatography Resin Market, By Type

4.5 Chromatography Resin Market, By Country

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.3 Porters Five Forces Analysis

5.4 Macroeconomic Indicators

6 Chromatography Resin Market, By Type

6.1 Introduction

6.2 Natural Polymer

6.3 Synthetic Polymer

6.4 Inorganic Media

7 Chromatography Resin Market, By Technique

7.1 Introduction

7.2 Ion Exchange (IEX) Chromatography

7.3 Affinity Chromatography

7.4 Hydrophobic Interaction Chromatography (HIC)

7.5 Size Exclusion Chromatography (SEC)

7.6 Multimodal Chromatography

7.7 Others

8 Chromatography Resin Market, By Application

8.2 Pharmaceutical & Biotechnology

8.3 Food & Beverage

8.4 Water & Environmental Analysis

8.5 Others

9 Chromatography Resin Market, By Region

9.1 Introduction

9.2 North America

9.3 Europe

9.4 APAC

9.5 Middle East & Africa

9.6 South America

10 Competitive Landscape

10.1 Overview

10.2 Competitive Leadership Mapping, 2018

10.3 Strength of Product Portfolio

10.4 Business Strategy Excellence

10.5 Competitive Leadership Mapping(Small and Medium-Sized Enterprises)

10.6 Strength of Product Portfolio

10.7 Business Strategy Excellence

10.8 Market Share Analysis

10.9 Competitive Scenario

11 Company Profiles

11.1 Bio-Rad Laboratories, Inc.

11.2 General Electric Company (GE Healthcare)

11.3 Merck KGaA

11.4 Pall Corporation (Danaher Corporation)

11.5 Tosoh Corporation

11.6 Avantor Performance Materials, Inc.

11.7 Mitsubishi Chemical Corporation

11.8 Purolite Corporation

11.9 Repligen Corporation

11.10 Thermo Fisher Scientific Inc.

11.11 Agilent Technologies

11.12 Kaneka Corporation

11.13 Novasep

11.14 Sepragen Corporation

11.15 Sterogene Bioseparations Inc.

11.16 Finex Oy

11.17 Chemra GmbH

11.18 Sunresin New Materials Co. Ltd.

11.19 Biotoolomics Limited

11.20 Cube Biotech

11.21 Other Players

11.21.1 Jsr Life Sciences

11.21.2 Ningbo Zhengguang Resin Co., Ltd.

11.21.3 Concise Separations

11.21.4 Genscript Biotech Corporation

11.21.5 Eichrom Technologies Inc.

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