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Chromatography Resins Market: Key Trends and Competitor Analysis Report 2024-2033

11-12-2024 08:58 AM CET | Chemicals & Materials

Press release from: The Business research company

Chromatography Resins Market Demand

Chromatography Resins Market Demand

"The Business Research Company recently released a comprehensive report on the Global Chromatography Resins Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=6526&type=smp

According to The Business Research Company's, The chromatography resins market size has grown strongly in recent years. It will grow from $2.73 billion in 2023 to $2.97 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increased biopharmaceutical production, growth in analytical and research applications, pharmaceutical industry growth, increased academic and clinical research, growth of the phramaceutical industry
.

The chromatography resins market size is expected to see strong growth in the next few years. It will grow to $4.32 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to increasing drug development, precision medicine research, regulatory and quality standards, emerging market growth, growing green chemistry initiatives. Major trends in the forecast period include introduction of separation technologies, technological advancements, customized resin solutions, industrial and biotechnology innovations, and advanced chromatography techniques.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/chromatography-resins-global-market-report

Market Drivers and Trends:

The rising prevalence of cancer cases across the globe is likely to contribute to the growth of the chromatography resins market. Monoclonal antibodies are targeted cancer therapies used to treat cancer and chromatography resins are media used to capture and polish monoclonal antibodies (mAbs), and other biomolecules. The increasing prevalence of cancer is thus expected to increase the demand for chromatography resins. For instance, in January 2022, according to the American Cancer Society, there were an estimated 1.9 million new cancer diagnoses and 609,360 cancer-related deaths in the United States, resulting in approximately 1,670 daily fatalities. Globally, the four predominant cancer types lung, prostate, colorectal, and breast cancer in women comprise 43% of all newly diagnosed cancer cases. Hence, the rising prevalence of cancer is expected to generate more demand for cancer therapies, increasing the monoclonal antibodies demand and thus driving the market for chromatography resins.

Technological advancements are shaping the chromatography resins market. For instance, in 2021, Purolite, a UK manufacturer of resin-based chromatography separation, purification, and extraction technologies launched the first protein A alkaline stable resin, designed to address the purification of pH-sensitive antibodies or other Fc-containing proteins. The company has deployed jetting technology that produces uniform size agarose beads with a very narrow particle size distribution. Results have indicated a 70% increase in yield when compared to conventional protein A resins along with an improved host cell protein clearance, which reduces the burden on future downstream steps.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Major Key Players of the Market:

Merck KGaA, Bio-Rad Laboratories Inc., GE Healthcare Life Sciences, Thermo Fisher Scientific Inc., Purolite Corporation, W. R. Grace and Company, Mitsubishi Chemical Corporation, Tosoh Corporation, Danaher Corporation, Life Technologies Corporation., Repligen Corporation, Pall Corporation a Danaher operating company under the Cytiva brand, Cytiva a Danaher operating company, Bio-Works Technologies AB, E. I. du Pont de Nemours and Company, Agilent Technologies Inc., Avantor Inc., Waters Corporation, Nouryon Holding B.V., ChromaTan Corporation, BIA Separations GmbH, KANEKA Corporation, Sepax Technologies Inc., YMC Co Ltd., Phenomenex Inc., MilliporeSigma, ""Roche Diagnostics International Ltd, Axion BioSystems Inc.

Chromatography Resins Market 2024 Key Insights:

• The chromatography resins market size is expected to see strong growth in the next few years. It will grow to $4.32 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%.
• Rising Cancer Prevalence Driving Demand For Chromatography Resins In Monoclonal Antibody Production
• Revolutionizing Chromatography Resins Market With Cutting-Edge Innovations
• North America was the largest region in the chromatography resins market in 2023

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The Business Research Company
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Email: info@tbrc.info

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide."

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