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Chromatography Resin Market Size, Share Global Analysis Report, 2020–2026
Chromatography Resin Market By Type (Natural polymer, Synthetic polymer, and Inorganic media), By Technique (Ion Exchange and Affinity) and By End User (Pharmaceutical & Biotech and Food and beverage.): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global Chromatography Resin Market size was worth around USD 2 billion in 2019 and is predicted to grow around USD 3.5 billion by 2026 with a compound annual growth rate (CAGR) of roughly 7% between 2020 and 2026. The report analyzes the global Chromatography Resin Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Chromatography Resin Market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Chromatography Resin industry. The report analyzes and declares the historical and current trends analysis of the Chromatography Resin industry and subsequently recommends the projected trends anticipated to be observed in the Chromatography Resin market during the upcoming years.
The Chromatography Resin market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Chromatography Resin market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Billion) from FY 2016 – 2026.
Key Insights from Primary Research
- As per our primary respondents, the chromatography Resin market is set to grow annually at a rate of around 7%.
- It was established through primary research that the Chromatography Resin market was valued at around USD 2 billion in 2019.
- After secondary research, we performed face to face interviews to validate our data. The insights interviewee’s declared that Affinity is the most used technique for the global Chromatography Resin market.
- On the basis of the type, Synthetic polymer dominated the global Chromatography Resin market in 2019. It accounted for around a 43% share of the total market in 2019.
- The Pharmaceutical & Biotech segment, on the basis of End-User segmentation, was the leading revenue-generating category accounting for around 63% share, in 2019.
Key Recommendations from Analysts
- Based on the exhaustive secondary research done by our team, the Affinity technique is anticipated to become the most demanding technique in the upcoming years, owing to its wide range of usage in proteomics, genomics, and metabolomics.
- As per our analysts, North America recorded the highest market share of more than 39% by 2026, and the market is expected to bolster in this region, resulting in creating lucrative opportunities for new players.
- Growing at a CAGR around 7%, the Chromatography Resin market provides numerous opportunities for all of the involved stakeholders across the entire value chain.
- Our analysts have identified Affinityand Pharmaceutical & Biotechcategories as the leading investment pockets for the Chromatography Resin market in terms of technique and end-user segmentation respectively.
- Our analysts recommend the emerging players to focus on Pharmaceutical & Biotechowing to the substantial growth of the Pharmaceutical industry, especially in APAC and Middle-eastern regions and increased adaptation of Polymers.
Market Attractiveness – By Type
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Chromatography Resin industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Chromatography Resin industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Chromatography Resin market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Chromatography Resin industry. The Chromatography Resin market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Chromatography Resin sector. Key strategic developments in the Chromatography Resin market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Chromatography Resin market are appropriately highlighted in the report.
The global market for chromatography resin is estimated to be USD 2 billion by 2019 and is projected to post a 7% CAGR over the forecast period. The ideal biomolecular purification process is the chromatography of the resin. Improved chromatography deployment for different chiral compounds is expected to have a favorable market impact in the pharmaceutical industry. Chiral compounds are extremely powerful bioactive pharmaceutical drugs. Chromatographic resin requires a consistent purification method to achieve a pure and highly recovered active pharmaceutical intermediate. The key driver of the global market for chromatographic resins is the increasing use of chromatographic resins to produce large quantities of pure products and to trace pollutants to purify compounds. The main driver for chromatography resins is a huge demand for monoclonal antibodies. Due to the increasing number of critical diseases, there is a huge demand for monoclonal organs, resulting in the rapid relevance of these types of therapy. Food analysis is also one of the main drivers of the market for chromatographic resins.
The Chromatography Resin market research report delivers an acutevaluationand taxonomy of the Chromatography Resin industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projectedfor FY 2020 to FY 2026. The regional segmentation of the Chromatography Resin industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Chromatography Resin industry is provided for the leading economies of the world.
The Chromatography Resin market is segmented based on type, technique, and end-user. On the basis of type segmentation, the market is classified into Natural polymer, Synthetic polymer, and Inorganic media. In terms of technique segmentation, the market is bifurcated into Ion Exchange and Affinity. On the basis of end-user, the market is bifurcated into Pharmaceutical & Biotech and Food and beverage.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 2 Billion |
Projected Market Size in 2026 |
USD 3.5 Billion |
CAGR Growth Rate |
7% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Merck KGaA, GE Healthcare Lifesciences, Purolite Corp, Danaher Corp, Tosoh Corp, Purolite Corp, W.R Grace, Mitsubishi Chemical Thermo Fisher, Inc., and others. |
Key Segment |
By Type, Technique, End User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the Chromatography Resin market, but not restricted to include
- Merck KGaA
- GE Healthcare Lifesciences
- Purolite Corp
- Danaher Corp
- Tosoh Corp
- Purolite Corp
- W.R Grace
- Mitsubishi Chemical Thermo Fisher Inc.
The taxonomy of the Chromatography Resin Market by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Natural polymer
- Synthetic polymer
- Inorganic media
By Technique Segmentation Analysis
- Ion Exchange
- Affinity
By End User Segmentation Analysis
- Pharmaceutical & Biotech
- Food and beverages.
Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Merck KGaA
- GE Healthcare Lifesciences
- Purolite Corp
- Danaher Corp
- Tosoh Corp
- Purolite Corp
- W.R Grace
- Mitsubishi Chemical Thermo Fisher Inc.
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