Chromatography resins are utilized to separate and purify proteins and other biological products. Chromatography resin is frequently utilised in biotechnology and pharmaceutical companies, as well as other industries like as food and the environment. Synthetic, natural, and inorganic media are commonly used to make resins. Affinity, ion exchange, hydrophobic interactions, and size exclusion are the most common types of separation utilised in chromatography.
MARKET SCOPE
The "Global Chromatography Resin Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the chromatography resin market with detailed market segmentation by type, technique and end user. The report provides key statistics on the market status of the leading chromatography resin market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type the market is segmenetd as, synthetic polymer, natural polymer, and inorganic media.
- Based on technique the market is segmented as, affinity chromatography, ion exchange chromatography, size exclusion chromatography, hydrophobic interaction chromatography, multi-modal chromatography, and others.
- Based on end user the market is segmented as, pharmaceutical and biotechnology companies, academic and research institutes, contract research organizations.
MARKET DYNAMICS
Drivers:
- Developments in therapeutic sector as well as rising demand for therapeutic antibodies
- Rising investment on R&D activities by pharmaceutical and biopharmaceutical companies.
- Growing applications of chromatography resins in food and beverages industry is also expected to spur the market growth.
- Rising public-private investments in pharmaceutical and life sciences research.
Restraints:
- However, dearth of skilled professions is likely to restrain market growth during forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The chromatography resin market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the chromatography resin market in these regions.
IMPACT OF COVID-19 ON CHROMATOGRAPHY RESIN MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the chromatography resin market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from chromatography resin market are anticipated to lucrative growth opportunities in the future with the rising demand for chromatography resin in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the chromatography resin market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- General Electric
- Thermo Fisher Scientific Inc.
- Pall Corporation
- Bio-Rad Laboratories, Inc.
- Merck KGaA
- Tosoh Bioscience LLC
- Purolite
- Repligen Corporation
- CYTIVA (DANAHER CORPORATION)
- Mitsubishi Chemical Corporation