openPR Logo
Press release

Chromatography Resin Market to Grow at a CAGR of 8.9% through 2027

09-14-2017 12:27 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Chromatography Resin Market to Grow at a CAGR of 8.9% through 2027

Surging demand for chromatography technology from various research & development, and diagnostics industries will drive growth of the global chromatography resins market. Future Market Insights (FMI), in its report, projects the market to register an impressive 8.9% CAGR during the forecast period 2017 to 2027. In 2016, the market was evaluated at revenue worth US$ 719 Mn; by 2027-end it is estimated to reach nearly US$ 2,000 Mn. The global chromatography resins market is anticipated to witness an incremental opportunity of over US$ 1,000 Mn between 2017 and 2027.

Increasing Enhancements in Automation of Sample Handling Processes to Drive Market Growth in North America

Research laboratories and biopharmaceutical companies in North America are increasingly focusing on enhancements in automation of sample handling processes. This is expected to drive demand for high throughput advanced chromatography columns and media, thereby fostering the market growth in this region. In addition, soaring advancements in chromatography technologies for separation & purification of complex bio-substances and bio-molecules will further boost demand for high-end, advanced chromatography resins in North America. However, stringent rules & regulations imposed by the U.S. FDA on new product launches is likely to hinder growth of the market in North America.

Chromatography Resin Market Report Overview @ https://www.futuremarketinsights.com/reports/chromatography-resin-market

Cost-effective purification technology is being highly implemented in Western Europe for separation of enantiomers, isomers and several active pharmaceutical ingredients. This further promotes purity and offers higher productivity to biopharmaceutical industries, which in turn will drive growth of the global chromatography resins market in this region. In addition, increasing availability and demand for branded resin products, which are more costly, are other factors expected to fuel growth of the market in Western Europe. In contrast, continuous evaluations and improvements in novel alternatives to chromatography resins are estimated to impede the market growth in this region.

North America will Remain the Largest Market for Chromatography Resins

North America will remain the largest market for chromatography resins, with sales expected to reach nearly US$ 600 Mn by 2027-end, followed by Western Europe and Asia Pacific Excluding Japan (APEJ). In addition, APEJ is estimated to register fastest expansion at 9.4% CAGR through 2027. Although Middle East & Africa (MEA) accounts for lowest share of the market, this region is expected to be the second-fastest growing market for chromatography resins by 2027-end.

By product type, synthetic chromatography resins are expected to remain preferred in the market, with sales expanding at 9.1% CAGR through 2027. Revenue generated from sales of native chromatography resins in the market will remain low during the forecast period.

Request to view Table of Content@ https://www.futuremarketinsights.com/reports/chromatography-resin-market/toc

Affinity Chromatography Continues to be the Most-used Technology in the Market

Affinity chromatography will continue to be the most used technology in the global chromatography resins market. Revenue amassed from sales of affinity chromatography technology is expected to reach US$ 679.6 Mn by 2027-end. Hydrophobic interaction chromatography technology and affinity chromatography technology are expected to exhibit parallel expansion at 9.3% CAGR through 2027.

Biopharmaceutical companies will remain the largest end-users of chromatography resins across the globe, followed by academic institutes. Sales of chromatography resins to biopharmaceutical companies is projected to register 9.2% CAGR, to reach nearly US$ 800 Mn in revenue by 2027-end.

Key market players identified in FMI’s report include Agilent Technologies, Bio-Rad Laboratories, Inc., GE Healthcare, Waters Corporation, Expedeon Ltd., Thermo Fisher Scientific Inc., Pall Corporation, Merck KGaA, PerkinElmer, Inc., Kaneka Corporation, Shimadzu Corporation, Knauer GmbH, Tosoh Bioscience, Avantor Performance Materials Inc., Mitsubishi Chemical Corporation, W.R. Grace & Co., JSR Micro Inc., Life Technology Corporation.

A Sample Report is Available Upon Request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1349

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Chromatography Resin Market to Grow at a CAGR of 8.9% through 2027 here

News-ID: 716955 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and