The chromatography resin market is estimated to grow to USD 3.8 trillion city 2027 from USD 2.6 trillion in 2022, at a CAGR of 8.0%. Chromatography is one of the most used analytical techniques in the quality testing and quality control of processed food products and various beverages. According to the World Health Organization, food contamination is a rising global concern, with more than 200 types of diseases caused by the consumption of unsafe food every year.
Techniques such as liquid chromatography/mass spectrometry/mass spectrometry (LC/MS/MS) and gas chromatography/mass spectrometry (GC/MS) are gaining recognition as highly specific and extremely sensitive techniques for testing food products with high accuracy. This is a key driver supporting the growth of the chromatography resin market.
Synthetic resins are projected to be the fastest-growing chromatography resin type of chromatography resin market during the forecast period
Synthetic or man-made polymers, such as polyacrylamide, polymethacrylate, and polystyrene, are used as media in different chromatography applications. Synthetic copolymers, such as polystyrene divinylbenzene and methacrylate copolymers, are used as base matrices in chromatography. These resins are suitable in laboratories or analytical-scale experiments because of their high mechanical stability and ability to withstand large pH ranges. All these factors drive the market for synthetic resin.
Mixed mode is expected to be the fastest-growing chromatography technique, in terms of value
Mixed-mode chromatography uses more than one type of interaction between ligands and molecules in an analyte. The most popular application of this technique is the purification of mammalian antibodies and recombinant proteins. This technique is gaining importance, as it can achieve a better degree of purification in comparison to other chromatography techniques that use only a single interaction.
Pharmaceutical & Biotechnology is estimated to be the largest application in chromatography resin market, in terms of value, in 2021
Pharmaceutical manufacturers and related testing service providers are among the key end-users of chromatography resins. They use analytical instrumentation during various stages of drug discovery, drug research and development, pharmacokinetics, toxicology, and clinical studies, as well as during the manufacturing of bulk drugs and biological products, drug stability testing, and qualitative and quantitative pharmaceutical analysis. Chromatography is also used to quantify the number of chemicals in drugs and for the analysis of various solvents used in the manufacture of pharmaceutical products. The increased R&D expenditure of biotechnology companies is expected to lead to the increased usage of chromatography, thus bolstering the market for chromatography resin.
Europe is estimated to be the second-largest chromatography resin market, in terms of value, in 2021
Europe was the second-largest market for chromatography resin, in terms of value, in 2021. Germany is the key market for chromatography resins in Europe. The presence of more than 900 pharmaceutical manufacturers and strong R&D in the field of life sciences make Germany one of the most lucrative markets for chromatography resins. The chromatography resin market in the European region is driven by the presence of a number of pharmaceutical manufacturers and research organizations in countries such as the UK and Germany.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Industry Trends
7. Chromatography Resin Market, by Type
8. Chromatography Resin Market, by Technique
9. Chromatography Resin Market, by Application
10. Chromatography Resin Market, by Region
11. Competitive Landscape
12. Company Profiles
13. Adjacent & Related Markets
Agilent Technologies, Inc.
Avantor Performance Materials, Inc.
Bio-Rad Laboratories, Inc.
Bio-Works Technologies Ab
Eichrom Technologies Inc.
Genscript Biotech Corporation
Jsr Life Sciences, LLC
Mitsubishi Chemical Corporation
Ningbo Zhengguang Resin Co. Ltd.
Purolite Private Limited
Sartorius Stedim Biotech SA
Sterogen Bioseparations Inc.
Sunresin New Materials Co. Ltd.
Thermo Fisher Scientific Inc.
For more information about this report visit https://www.researchandmarkets.com/r/4jppno
Laura WoodSenior Manager
For EST Office Hours Call +1-917-300-0470
For US/CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
US Fax: 646-607-1907
Fax (outside US): +353-1-481-1716
View original content:https://www.prnewswire.com/news-releases/chromatography-resin-market-report-2022-growing-demand-from-pharmaceutical–biotechnology-application-to-drive-sector-301687196.html
SOURCE Research and Markets