Chromatography Resin Market by Type (Synthetic Polymer, Natural Polymer, Inorganic Media); Technique (Affinity Chromatography, Ion Exchange Chromatography, Size Exclusion Chromatography, Hydrophobic Interaction Chromatography, Multi-Modal Chromatography, Others); End User (Pharmaceutical and Biotechnological Companies, Academic and Research Institutes, Contract Research Organizations) and Geography: Global Market Size Estimates and Forecast (2022–2030)
The market crossed US$ 1.5 billion mark in 2022 and is expected to hit US$ 3.37 billion by 2030, recording a CAGR of 20.33% during the forecast period.
Chromatography resin market has been significantly growing with the increase in the prevalence of chronic disorders.
The growth in this market is due to the surge in demand for chromatography technique from pharmaceutical, chemical, food & beverage, and other industries. In addition, huge research investments in the industry have propelled the development of several products, resulting in improved productivity compared to traditional products. In 2021, the natural resin segment held the maximum market share, mainly attributed to increased consumption of naturally derived products and wide utilization of size exclusion chromatography and paper chromatography in several industrial applications.
Within the report, the market is segmented into type, technique, end-user, and geography. The market is segmented by type: synthetic polymer, natural polymer, and inorganic media. On the basis of technique, the market is segmented into affinity chromatography, ion exchange chromatography, size exclusion chromatography, hydrophobic interaction chromatography, multi-modal chromatography, and others. Based on end-user, the market is divided into pharmaceutical and biotechnological companies, academic and research institutes, and contract research organizations. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
Synthetic resins will empower growth in the forecast period.
Chromatography resins are used for the separation and purify proteins and other biological products. Chromatography resin is frequently utilized in biotechnology, pharmaceutical companies, and other industries like food and the environment. Synthetic, natural, and inorganic media are commonly used to make resins. Affinity, ion exchange, hydrophobic interactions, and size exclusion are chromatography's most common types of separation.
The demand for synthetic resins is expected to be highest during the forecast period which is mainly driven by their role in ion-exchange chromatography. Polystyrene divinylbenzene is one of most used synthetic resin, in IEX technique owing of its enhanced performance characteristics in comparison to natural polymers.
Rising adoption among food and beverage companies is a major factor in accelerating market growth.
Chromatography resin is widely utilized in food analysis techniques. It is primarily used to determinie the nutritional quality of food, the detection of spoilage or additives in the food. Rapid advancements in science and technology, surge in healthcare costs, rising demand for natural food products, changing lifestyles and dietary preferences, and rising awareness about health & wellness with diets are the majorly boosting the demand for beverages and dairy products as well as natural ingredients such as flavonoids, food colors and flavors, and carotenoids.
Recent strategic developments in AI in drug discovery market
The chromatography resin market has undergone several significant developments, and a few of these have been mentioned below:
- In November 2019, Purolite announced that it has started with the commercial production of its Praesto agrose based chromatography.
- In Ocotber 2019, Danhar Life Science agreed to sell three of its life science tool business to Sartorius Stedim Biotech for US$ 750 million.
Several players drive the chromatography resin market by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Cytiva Lifesciences, Bio-Rad Laboratories Inc., Sartorius AG, Generon, Tosoh Bioscience, Bio-Works, Repligen Corporation, LAF-Biotechnology, JNC Corporation, and Anatrace Products LLC. are among the prominent players operating in the market.
Target audience for the report:
- Drug developing companies
- Contract development and manufacturing organization,
- Drug discovery-related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policymakers
- Venture capitalists, private equity firms, and start-up companies
- Drug distributors and sales firms
- End users of drug discovery
- Research institutes, organizations, and consulting companies
Scope of the report:
In this report, the market has been segmented on the basis of:
- Type:
- Synthetic Polymer
- Natural Polymer
- Inorganic Media
- Technique
- Affinity chromatography
- Ion exchange chromatography
- Size exclusion chromatography
- Hydrophobic interaction chromatography
- Multi-modal chromatography'
- Others
- Application:
- Antibody purification
- Biomolecule separation & purification
- Vaccination
- Others
- Region
- North America
- Europe
- Asia Pacific (APAC)
- South & Central America
- Middle East & Africa
- Companies profiled
- General Electric
- Thermo Fisher Scientific Inc.
- Pall Corporation
- Merck KGaA
- Mitsubishi Chemical Corporation
- Tosoh Bioscience LLC
- Purolite
- CYTIVA (DANAHER CORPORATION)
- Mitsubishi Chemical Corporation
- WIPRO GE HEALTHCARE PVT LTD
- General Electric
- Thermo Fisher Scientific Inc.
- Pall Corporation
- Merck KGaA
- Mitsubishi Chemical Corporation
- Tosoh Bioscience LLC
- Purolite
- CYTIVA (DANAHER CORPORATION)
- Mitsubishi Chemical Corporation