Chromatographic Silica Resins Market to grow at 3.5% CAGR during the period 2017-2025 to reach 40,037.5 metric tons by 2025

Global consumption of chromatography silica resins was pegged at 29,423 metric tons in 2016. Persistence Market Research, in its new report, projects global consumption to grow at 3.5% CAGR during the period 2017-2025 to reach 40,037.5 metric tons by 2025.

The global chromatography silica resins market is highly fragmented, with top 10 players accounting for 35% revenue share. Tier I companies in chromatography silica resins market are W.R. Grace and Company, Osaka Soda Co. Limited, Merck KGaA, AGC Group, and Alfa Aesar.

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chromatographic silica resin market

chromatographic silica resin market

The chemicals and materials vertical would be witnessing an eco-friendly transformation in the upcoming period. Plastic waste recycling would be one amongst these green initiatives. This would also be an era of materials informatics, i.e. machine learning would be employed to the materials' development, which would, apart from improving on the cost of R&D, also provide better agility.

Synthetic biology would be another trend ruling the roost, as it would facilitate more flexible distribution of the chemicals and also help in exploration of novel markets, that too, at lower costs. Persistence Market Research is into tabling of these details of the chemicals and materials vertical through its team of riveting analysts and consultants.

Persistence Market Research has segmented the global market on the basis of,

Mesh Size
Purity
Application
End Use
Region

By mesh size, the segmentation includes:

30-60
60-100
100-200
Above 200
Currently, the demand for above 200 mesh size is predominant; the segment accounted for nearly 63% revenue share in 2016.

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On the basis of purity, the key segments include,

Pure silica
Ultrapure silica
Demand for ultrapure silica is higher than pure silica currently. Ultrapure silica currently accounts for over 60% revenue share of the market, and the status quo is anticipated to remain unchanged during the forecast period. According to Persistence Market Research, growing demand from biopharmaceuticals, coupled with increased use of HPLC will drive demand in the future. In terms of volume, 18,018.6 metric tons of ultrapure silica was consumed in 2016, whereas consumption of pure silica was estimated to be 11,404 metric tons.

Key application segments of chromatography silica resins include,

Analytical chromatography
Process Chromatography
Preparative Chromatography
Gravity Chromatography
Process chromatography and preparative chromatography remain the dominant application segments currently. These two segments collectively accounted for a revenue share of 78% in 2016. 11,685 metric tons of chromatography silica resins were used in process chromatography in 2016, whereas demand from preparative chromatography was estimated at 11,215 metric tons.

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This release was published on openPR.