Future of Chromatography Resins Market: Size, Share & Forecasts to 2029

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What Is the Projected Market Size Valuation of the Chromatography Resins Market by 2025?
In recent years, the market size of chromatography resins has experienced significant growth. Starting from a value of $2.95 billion in 2024, it is predicted to increase to $3.15 billion in 2025 with a compound annual growth rate (CAGR) of 6.8%. This marked growth during the past period can be linked to factors such as the expansion of biopharmaceutical production, progression in analytical and research applications, development of the pharmaceutical sector, and an upsurge in academic and clinical research.

What Is the Estimated Market Growth Value for the Chromatography Resins Industry in 2029?
In the upcoming years, the market size of chromatography resins is projected to experience a swift expansion. By 2029, it is anticipated to reach the mark of $4.72 billion, with a compound annual growth rate (CAGR) of 10.6%. The surge seen in the forecast period can be tied to factors such as the acceleration in drug development, precision medicine studies, emerging market expansion, escalating green chemistry endeavours, and adherence to regulatory and quality standards. The prediction period will also witness notable trends like the unveiling of fresh separation technologies, advancement in technology, tailor-made resin solutions, strides in industrial and biotechnology innovations, and the refinement of chromatography techniques.

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What Are the Growth Drivers and Opportunities in the Chromatography Resins Market?
The growth of the chromatography resins market is projected to be fueled by the escalating incidence of cancer worldwide. Chromatography resins play a crucial role in the production of monoclonal antibodies, which are specialized cancer treatments. They are the medium for capturing and enhancing monoclonal antibodies and various other biomolecules. Consequently, the amplifying cancer trend is predicted to elevate the need for chromatography resins. For instance, the American Cancer Society reported in January 2022 that the US saw an approximated 1.9 million fresh cancer diagnoses and about 609,360 cancer-associated deaths, equating to around 1,670 fatalities each day. On a global scale, the four leading forms of cancer-lung, prostate, colorectal, and breast cancer in women-account for 43% of all the newly detected cancer cases. Hence, as the incidence of cancer continues to rise, it is anticipated to fuel a greater requirement for cancer treatments, thereby boosting the demand for monoclonal antibodies and consequently driving the chromatography resins market.

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What Are the Primary Segments Covered in the Global Chromatography Resins Market Report?
The chromatography resins market covered in this report is segmented -

1) By Product Type: Native, Synthetic
2) By Technology Type: Affinity Chromatography, Anion Exchange Chromatography, Cation Exchange Chromatography, Size Exclusion, Hydrophobic Interaction
3) By Application: Pharmaceutical And Biotechnology, Food And Beverage, Water And Environmental Analysis, Other Applications

Subsegments:
1) By Native: Natural Protein Resins, Natural Polysaccharide Resins
2) By Synthetic: Polymer-based Resins, Bead-based Resins, Monolithic Resins

What Are the Top Growth Trends in the Chromatography Resins Market?
Leading firms in the chromatography resins market are innovating new technological solutions like protein A chromatography resins, which offer superior specificity and efficiency in antibody purification. Specialized for use in affinity chromatography, protein A chromatography resin purifies antibodies by attaching to the Fc portion of immunoglobulins, especially IgG, due to its great attraction to Protein A. For example, in June 2024, the American chemical company Ecolab Inc. introduced DurA Cycle, a protein A chromatography resin designed specifically for large-scale purification methods. DurA Cycle is ideal for large-scale commercial production of monoclonal antibodies where cost regulation is crucial for biologic drug creators. This ground-breaking resin enables biologic producers to increase their production efficiencies, decrease their expenses, and accelerate the launch of new therapies in clinics.

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Which Companies Are Shaping the Future of the Chromatography Resins Market?
Major companies operating in the chromatography resins market include 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, Repligen Corporation, Pall Corporation a Danaher operating company under the Cytiva brand, Cytiva a Danaher operating company, Bio-Works Technologies AB, 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.

Which Region Holds the Largest Market Share in the Chromatography Resins Industry?
North America was the largest region in the chromatography resins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the chromatography resins market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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This release was published on openPR.