Chromatography Resins Market Analysis and Research Report between 2022 and 2032

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Global Chromatography Resins Market 2022 Industry Key Players, Trends, Sales, Supply, Demand, Analysis & Forecast to 2031

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Chromatography Resins Market 2022

The global chromatography resins market is worth US$ 2 Bn as of now and bound to reach US$ 3.4 Bn by the year 2032 at a CAGR of 5.5% between 2022 and 2032.

Chromatography implies a separation process that is based on substrates’ color. Resins are inevitable when it comes to purification and separation of desired substrates like proteins from mixture. Analysing water sample in numerous verticals is amongst the basic industrial applications regarding chromatography wherein resins do play a vital role.

Biotechnology and pharmaceutical verticals do make use of chromatography resins for several applications inclusive of manufacturing high purity drugs,Chromatography Resins Market Analysis and Research Report between 2022 and 2032 Articles monitoring and analysing trace contaminants, detecting molecular matter like fats, proteins, vitamins, and likewise.

Also, there is a shift in trend from traditional separation techniques like filtration and distillation to chromatography. It needs to be noted that chromatography resin vertical happens to have an oligopolistic nature.

At the same time, the fact that chromatography resins are costly can’t be ignored. This factor is likely to restrain the chromatography resins market.

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Key Takeaways from the Chromatography Resins Market

  • Natural resin holds the largest market share and the scenario is expected to remain unchanged even in the forecast period.
  • Coming to end-use, pharmaceuticals & biotechnology rule the chromatography resin market. They, in fact hold more than 80% of the market share.
  • North America holds more than 30% of the market share due to the US being a major consumer of these resins.
  • Ion exchange technique leads the chromatography resins market and the status quo is expected to remain unchanged even in the forecast period.

“With growing demand for chromatography technique from chemical, pharmaceutical, food & beverage, and the other verticals, the chromatography resins market is bound to go great guns in the near future” says an analyst from Persistence Market Research

Market Competition

Persistence Market Research has not missed on mentioning about the key developments on this count.

  • Purolite Ltd., in November 2019, announced about starting with production of Praesto agarose-based chromatography resins at the commercial level.
  • Danaher Life Sciences, in October 2019, agreed upon selling three of the life sciences tool businesses for US$ 750 Mn cash to Sartorius Stedium Biotech.
  • Danaher, in February 2019, did announce the plan to acquire GE Life Sciences’ biopharm business for nearly US$ 21.4 Bn.
  • Bio-Rad Laboratories, Inc., in April 2020, announces acquiring Celsee, Inc. to extend the former’s reach into rapidly expanding arena of precision medicine as well as single-cell analysis.

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What does the Report Cover?

  • Persistence Market Research offers a unique perspective and actionable insights on the chromatography resins market in its latest study, presenting historical demand assessment of 2016 – 2021 and projections for 2022 – 2032.
  • The research study is based on type (natural, synthetic, and inorganic), by technique (ion exchange, affinity, hydrophobic interaction, size exclusion, and others), and end-use (pharmaceuticals & biotechnology and foods & beverages).
  • For additional insights on how growth of the chromatography resins market will unfold over the next decade, write to the analyst at media@persistencemarketresearch.com

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