Chromatography Resins Market Revenue, Region & Country Share, Trends, Growth Analysis Till 2027
According to a recent report by Emergen Research, the global chromatography resins market is expected to be valued USD 3,269.9 Million by 2027. Because of its expanding use in the drug research process and the fact that biotherapeutic development improvements have given rise to a wide variety of complex compounds that present challenging purification problems, the chromatography resin market is experiencing significant demand. In the fields of pharmaceuticals, biotechnology, biochemistry, and environmental science, affinity or liquid chromatographic technology has become a favoured method of separation. The technology basically consists of a more exact and effective protein purification technique.
The selective and efficient resins used in affinity chromatography are frequently used to purify antibodies. Additionally, these are used in bioprocessing applications including the purification of recombinant monoclonal antibodies. The main market trend is the capture of Fabs, dAbs, and single-chain fragment variable (scFv) antibody fragments utilising affinity resins that contain agarose matrix. Affinity resin is frequently used for protein purification because to characteristics including high binding efficiency, low ligand leakage, and selectivity for a variety of antibody fragments. Protein, polypeptide, and nucleic acid purification uses hydrophobic interaction resins. It can also be used to remove nonpolar substances and external active agents from aqueous solutions by adsorption. The protein purification process using the hydrophobic interaction chromatography technology does not necessitate the extra fusing of affinity tags.
Growing pharmaceutical and biopharmaceutical R&D efforts are a driving factor.
The need for chromatography resins in drug discovery applications has been driven by the expanding pharmaceutical and biopharmaceutical R&D activities over the past ten years. Because of the anticipated regulatory environment, biosimilars are now in high demand in Asia-Pacific and are anticipated to have rapid growth in the US and Japan. With an increase in R&D investment, the demand for chromatography, which is a crucial component of R&D operations in the pharmaceutical industry, is anticipated to rise, driving the market for chromatography resin.
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Some Key Highlights from the Report
With a value of approximately USD 750.0 million, Danaher and Sartorius Stedim Biotech entered into a deal in October 2019 to sell its three life sciences tool businesses. According to the contract, Sartorius would purchase Danaher’s businesses for microcarriers & particle validation standards, label-free biomolecular characterization, and chromatography hardware & resins.
Due to the rising demand for these materials in the pharmaceutical, biotechnology, and food and beverage industries, synthetic resins are anticipated to grow at the quickest pace of 8.2% during the forecast period. There is a lot of use for these resins in ion-exchange chromatography.
In order to achieve sensitivity and selectivity, multimodal technology often combines hydrophobic interactions and ion-exchange approaches by employing two or more separation modes. Automated multi is proven to be a viable method for enhancing reproducibility and reproduction, as well as for expediting complex purification.
The development of generic pharmaceuticals and the expansion of the food and beverage industry are driving the market in the Asia Pacific region to grow at the quickest rate, 8.6%, during the forecast period.
Key participants include 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.
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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)
- Inorganic Media
Technology Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
- Drug Discovery
- Drug Production
Food & Beverage
Water & Environmental Agencies
Regional Outlook (Revenue, USD Billion; 2017-2027)
- Rest of Europe
- South Korea
- Rest of APAC
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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