Surging demand for chromatography resins in the drug development process is one of the significant factors influencing the market growth.
VANCOUVER, BC, CANADA, September 21, 2021 /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.
The research study includes the latest updates about the COVID-19 impact on the Chromatography Resins sector. The coronavirus outbreak has drastically impacted the global economic landscape. The report thus entails a complete dissection of the current scenario of this ever-evolving business sector and estimates the after effects of the pandemic on the industry.
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The competitive landscape and company profiles included in the report underscore the major players participating in the global Chromatography Resins market and strategic initiatives undertaken by them for business expansion. The company profiles include information assessed by employing analytical tools like SWOT analysis of established and emerging players. A detailed supply chain and value chain analysis have also been entailed in the report, with a broad analysis of the market’s vendor landscape.
Leading Players Profiled in the Report Are:
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.
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.
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)
Technology Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Food & Beverage
Water & Environmental Agencies
The report offers a comprehensive analysis of the current growth opportunities for various regions of the Chromatography Resins market, calculating their revenue share over the forecast timeline. Furthermore, the report analyzes the year-on-year growth rate of these regions over the forecast duration. The leading geographic regions encompassed in the report include:
Middle East & Africa
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Key questions addressed:
What are the estimated CAGR for the global Chromatography Resins market and each segment in the global market?
Which market segments and sub-segments have been covered in this report? Which of these segments is foreseen to exhibit the highest growth rate over the projected period? What are the most prominent industry aspects likely to impact the market values and shares of the regions viz., North America, Europe, Asia Pacific, Latin America, and Middle East &Asia? What do the SWOT analysis and Porter’s five forces entailed in the report signify with respect to the future position of the market?
Which are the leading companies operating in the global Chromatography Resins market? What are their strengths and weaknesses?
What are the most common market expansion strategies applied by the key market competitors to reinforce their market positions?
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Chromatography Resins Market Segmentation & Impact Analysis
4.1. Chromatography Resins Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Surging demand in drug development process
18.104.22.168. Growing demand for green chromatography
22.214.171.124. Growing usage of separation methods in the food & beverage industry
126.96.36.199. Increased investment in R&D
4.2.3. Market restraints analysis
188.8.131.52. Lack of skilled personnel
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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