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Chromatography Resin Market Poised for Steady Growth in the Future

06-13-2017 02:31 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Chromatography Resin Market Poised for Steady Growth in

Chromatography is referred to as an essential technology used for the purification of biomolecules in which the components are separated and distributed between two phases named, stationary phase and mobile phase. Chromatography resins used in chromatography process are usually of two types, natural and synthetic. Along with these different inorganic chromatography resins are also widely used in chromatography processes. These chromatography resins are used in various chromatography techniques including affinity, ion exchange, mixed mode techniques, hydrophobic interaction and size exclusion. Among these above-mentioned techniques, ion exchange chromatography is considered to be the largest market for these resins as it represents highest consumption of chromatography resins amongst others. The chromatography resins are also used in various application areas such as pharmaceutical, biotechnology, food production, diagnostics, genetic engineering, drug discovery and water analysis.

Chromatography Resin Market: Drivers and Restraints

The market for global chromatography resins holds immense potential in coming years owing to growing demand for monoclonal antibody therapeutics and rising prevalence of critical diseases across the world. In addition, increasing number of application areas for these resins further expected to propel the growth of this market. While lack of skilled professionals is major barrier in chromatography resins market.

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Chromatography Resin Market: Segmentation

Global chromatography resin marketis classified on the basis of nature, by techniqueand geography.

Based on the Nature, the global chromatography resin marketis segmented into the following:

Natural Polymers

Synthetic Polymers

Inorganic Media

Based on the technique, the global chromatography resin marketis segmented into the following

Ion Exchange

Affinity

Size Exclusion

Hydrophobic Interaction

Multi-modal / Mixed Mode

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Chromatography Resin Market: Overview

Chromatography trusted methodology and is a extensively utilized for sample separation that researchers use during a target-purification workflow. Chromatography resin market is expected to expand at promising CAGR during the forecast period due to active innovations and increased application in forensic sciences.

Chromatography Resin Market: Region-wise Outlook

Depending on geographic region chromatography resin marketis segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa. In the geographical perspective, the North America region is the leading market for global chromatography resins market and followed by Europe and Asia-Pacific. Nonetheless, Asia-Pacific market is expected to grow at a healthy growth rate in coming years owing to certain driving factors such as increase in demand for biotechnology and pharmaceutical products. In addition, establishment of large number of contract manufacturing organizations in this region which subsequently drives the growth of chromatography resins market in this region.

Chromatography Resin Market: Key Players

Some of the key players in chromatography resin market are Tosoh Corporation, Avantor Performance Materials, Inc., Purolite Corporation, Bio-Rad Laboratories, Inc., General Electric Company, Thermo Fisher Scientific Inc., Merck KGAA, Pall Corporation, Mitsubishi Chemical Corporation, Repligen Corporation and others.

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