Global Chromatography Resin Market Size By End-User Industry (Biopharmaceutical and Pharmaceutical Industry, Food and Beverage Industry, Environmental Research and Testing, Research and Academic Institutes), By Application (Protein Purification, Drug Development and Manufacturing, Environmental Monitoring, Food and Beverage Testing), By Methods (Liquid Chromatography Resins, Gas Chromatography Resins, Resins From Affinity Chromatography, Preparative Chromatography Resins), By Geographic Scope And Forecast

Report ID: 250816|No. of Pages: 202

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Global Chromatography Resin Market Size By End-User Industry (Biopharmaceutical and Pharmaceutical Industry, Food and Beverage Industry, Environmental Research and Testing, Research and Academic Institutes), By Application (Protein Purification, Drug Development and Manufacturing, Environmental Monitoring, Food and Beverage Testing), By Methods (Liquid Chromatography Resins, Gas Chromatography Resins, Resins From Affinity Chromatography, Preparative Chromatography Resins), By Geographic Scope And Forecast

Report ID: 250816|Published Date: Jun 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

Chromatography Resin Market Size And Forecast

Chromatography Resin Market size was valued at USD 3.05 Billion in 2023 and is projected to reach USD 4.53 Billion by 2031, growing at a CAGR of 5.60% from 2024 to 2031.

  • Chromatography resin is an important substance used in chromatography to separate and purify complicated mixtures. It is made up of a solid support matrix which is usually made up of polymers or silica and chemical groups that make it possible to selectively interact with mixture components through ion exchange, hydrophobic interaction, affinity binding or size exclusion.
  • Chromatography resins have a wide range of applications including biochemical and pharmaceutical research as well as biotherapeutic manufacturing. In the pharmaceutical sector they are essential for purifying monoclonal antibodies, vaccines and biologics to ensure high purity and safety. Protein purification, DNA/RNA isolation and metabolomics are all common applications in research labs. They also work in environmental testing, food and beverage quality management and forensic analysis.
  • The future of chromatography resins looks promising as advances in resin chemistry and engineering improve efficiency and selectivity. The increased demand for customized treatment and innovative therapeutic modalities such as gene and cell therapies will drive their adoption. The integration of automation and AI in chromatography systems is expected to improve processes and reduce costs resulting in more sustainable purifying solutions.

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Chromatography Resin Market is estimated to grow at a CAGR of 5.60% & reach US$ 4.53 Bn by the end of 2031

Chromatography Resin Market Dynamics

The key market dynamics that are shaping the global chromatography resin market include:

Key Market Drivers:

  • Growing Biopharmaceutical Industry: The rising need for biopharmaceuticals such as monoclonal antibodies, vaccines and gene treatments are significant drivers of the chromatography resin market. Because these biologics have high purity requirements, chromatography resins are needed for their manufacturing, purification and quality assurance operations.
  • Advancements in Chromatography Techniques: Continuous innovations in chromatography methods and resin technologies improve efficiency, selectivity and capacity propelling market growth. Improvements in resin chemistry as well as the creation of customized resins for specific purposes allow for improved separation and purification fulfilling the changing needs of many industries particularly pharmaceuticals and biotechnology.
  • Expansion of Research and Development: Growing investments in R&D activities across pharmaceuticals, biotechnology and academic institutions drive demand for chromatography resins. The need to discover new medications, analyze molecular interactions and undertake extensive metabolomics and proteomics research encourages the use of sophisticated chromatography techniques and resins.

Key Challenges:

  • High Production Costs: Because of the complex manufacturing procedures and high-quality raw ingredients required, chromatography resins are frequently costly to manufacture. This high cost may limit their accessibility particularly for small and medium-sized businesses or research organizations with limited funding, thus impeding market growth.
  • Technical Limitations and Scalability: Despite breakthroughs, several technological hurdles remain such as restricted capacity, poor performance at large scales and problems with resin stability and durability. These limits can impact the efficiency and effectiveness of purifying procedures particularly in large-scale biopharmaceutical manufacturing where consistent and high-yield production is crucial.
  • Regulatory Compliance and Quality Control: The chromatography resin industry is highly regulated particularly in the pharmaceutical and biopharmaceutical sectors. Ensuring compliance with strict regulatory criteria for safety, purity and efficacy necessitates demanding quality control techniques which can be time-consuming and costly. Navigating these regulatory frameworks can present major obstacles for market players limiting their ability to bring novel resins to market quickly.

Key Trends:

  • Shift Towards Affinity and Mixed-Mode Resins: There is a rising preference for affinity and mixed-mode chromatography resins which provide greater selectivity and efficiency in purification procedures. These resins combine different ways of interacting with each other like ion exchange and hydrophobic interaction which makes it easier to separate biomolecules that are more complicated. This trend is driven by the demand for more robust and diverse purification options in biopharmaceutical manufacturing.
  • Integration of Automation and Digital Technologies: The chromatography resin market is increasingly incorporating automation and digital technologies to improve process optimization, scalability and repeatability. Automated chromatography systems along with advanced data analytics and artificial intelligence are being used to simplify purifying procedures, decrease human error and boost overall productivity. This tendency is especially important in large-scale biopharmaceutical production where constant quality and high throughput are required.
  • Sustainability and Green Chemistry: The chromatography resin market is increasingly emphasizing sustainability with producers concentrating on green chemistry principles and environmentally friendly manufacturing procedures. This includes developing resins that utilize fewer solvents and produce less waste as well as utilizing renewable and biodegradable components. This development is consistent with the industry’s overall shift toward more sustainable practices which is being driven by regulatory demands and rising environmental awareness among consumers and stakeholders.

Global Chromatography Resin Market Regional Analysis

Here is a more detailed regional analysis of the global chromatography resin market:

North America:

  • According to Verified Market Research analyst, North America is expected to dominate the global chromatography resin market.
  • North America dominates the chromatography resin market owing to superior technologies and large R&D activity in the pharmaceutical and biotechnology industries. The region’s major industries and research institutions invest extensively in cutting-edge chromatography techniques that improve purification procedures and meet the strict purity and safety criteria required for biopharmaceutical goods like monoclonal antibodies and vaccines. The established healthcare infrastructure and supportive regulatory environment help to speed up the implementation of these modern technologies.
  • Intensive R&D activities in North America also contribute to its market supremacy. Pharmaceutical and biotech firms as well as academic institutions are constantly developing novel treatments and therapies necessitating the use of precision chromatography methods to separate and analyze complex biological components. This research receives significant support from the government and private investors which drives demand for high-quality chromatography resins. This powerful R&D ecosystem fosters innovation and provides a continual stream of developments cementing North America’s dominance in the global chromatography resin market.

Asia Pacific:

  • The Asia-Pacific region is emerging as the fastest-growing market for chromatography resins due to significant investments in pharmaceutical and biotechnology research and development. Countries such as China, India and South Korea are expanding their R&D capabilities focusing on medicine discovery, development and production. This increase in research activity necessitates the use of sophisticated chromatography resins to separate and purify complex biomolecules, hence driving regional market growth.
  • Adoption of modern medical technologies drives the demand for chromatography resins in Asia-Pacific. The region’s pharmaceutical and biotech sectors are increasingly incorporating cutting-edge technology and approaches to increase therapeutic efficacy and safety. Advanced chromatography techniques which are required for high-quality biopharmaceutical production are becoming more widespread. This tendency is consistent with the region’s commitment to technical advances in the medical industry resulting in strong growth in the chromatography resin market.
  • Government actions are also critical for promoting the biopharmaceutical business in Asia-Pacific. Several governments are enacting laws and programs to help biotech firms, enable international cooperation and strengthen the regulatory framework for drug development. These actions not only increase domestic production but also attract foreign investment fostering a favorable environment for the chromatography resins industry. As a result, Asia-Pacific is poised to become a key hub for chromatographic resin consumption emphasizing its strategic relevance in the global marketplace.

Global Chromatography Resin Market Segmentation Analysis

The Global Chromatography Resin Market is segmented on the basis of End-User Industry, Application, Methods and Geography.

Chromatography Resin Market Segmentation Analysis

Chromatography Resin Market, By End-User Industry

  • Biopharmaceutical and Pharmaceutical Industry
  • Food and Beverage Industry
  • Environmental Research and Testing
  • Research and Academic Institutes

Based on End-User Industry, the market is Biopharmaceutical and Pharmaceutical Industry, Food and Beverage Industry, Environmental Research and Testing and Research and Academic Institutes. The biopharmaceutical and pharmaceutical industries are the leading end users in the chromatography resin market. These industries rely substantially on chromatography resins for protein purification, medication research and quality control procedures. Stringent regulatory regulations and rising demand for biologics promote the extensive use of chromatography resins in this business. Furthermore, ongoing research and development operations strengthen their position in biopharmaceutical and pharmaceutical applications.

Chromatography Resin Market, By Application

  • Protein Purification
  • Drug Development and Manufacturing
  • Environmental Monitoring
  • Food and Beverage Testing

Based on Application, the market is divided into Protein Purification, Drug Development and Manufacturing, Environmental Monitoring and Food and Beverage Testing. Protein purification is the most popular application in the chromatography resin market owing to its importance in biopharmaceutical production and research. The growing need for monoclonal antibodies, vaccines and other biologics necessitates effective purification techniques which are best suited to chromatography resins. Furthermore, advances in protein analysis tools and an increasing emphasis on customized therapy have increased the importance of protein purification applications.

Chromatography Resin Market, By Methods

  • Liquid Chromatography Resins
  • Gas Chromatography Resins
  • Resins From Affinity Chromatography
  • Preparative Chromatography Resins

Based on Methods, the market is segmented into Liquid Chromatography Resins, Gas Chromatography Resins, and Resins from Affinity Chromatography and Preparative Chromatography Resins. Liquid chromatography resins dominate the market because they are widely used in a variety of industries including pharmaceuticals, biotechnology and environmental monitoring. Liquid chromatography is extremely adaptable with great separation efficiency and compatibility with a variety of sample types. Furthermore, advances in liquid chromatography techniques such as high-performance liquid chromatography (HPLC) help to maintain its dominance in the chromatography resin industry.

Chromatography Resin Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Chromatography Resin Market is classified into North America, Europe, Asia Pacific and the Rest of the world. North America dominates the chromatography resin market due to advanced technologies and considerable R&D in pharmaceuticals and biotechnology. Major investments and a favorable regulatory environment contribute to its supremacy. Meanwhile, Asia-Pacific is the fastest-growing market because of major R&D investments, widespread acceptance of new medical technology and supportive government efforts. Countries such as China, India and South Korea are expanding their capabilities establishing Asia-Pacific as a main hub for chromatography resin.

Key Players

The Global Chromatography Resin study report will provide valuable insight with an emphasis on the global market. The major players in the market are GE Healthcare, Phenomenex Inc., YMC Co. Ltd., Daiso Co. Ltd., Purolite Corporation, BIA Separations, Wyatt Technology Corporation, AkzoNobel N.V. and Repligen Corporation.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Chromatography Resin Market Recent Developments

Chromatography Resin Market Key Developments And Mergers

  • In January 2023, Astrea Bioseparations has finalized its acquisition of Delta Precision, which manufactures chromatography columns for biomanufacturing processes.
  • In October 2021, Tosoh Bioscience LLC, a subsidiary of Tosoh Corporation, acquired Semba Biosciences, a leading innovator in multi-column chromatography (MCC) technology for purifying biologics. This strategic move has allowed Tosoh Bioscience to strengthen and expand its chromatography resin business.

Report Scope

Report AttributesDetails
STUDY PERIOD

2020-2031

BASE YEAR

2023

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

GE Healthcare, Phenomenex Inc., YMC Co. Ltd., Daiso Co. Ltd., Purolite Corporation, BIA Separations, Wyatt Technology Corporation, AkzoNobel N.V. and Repligen Corporation

SEGMENTS COVERED

By End-User Industry, By Application, By Methods and By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Chromatography Resin Market was valued at USD 3.05 Billion in 2023 and is projected to reach USD 4.53 Billion by 2031, growing at a CAGR of 5.60% from 2024 to 2031.

Growing Biopharmaceutical Industry, Advancements in Chromatography Techniques, Expansion of Research and Development are the factors driving the growth of the Chromatography Resin Market.

The major players are GE Healthcare, Phenomenex Inc., YMC Co. Ltd., Daiso Co. Ltd., Purolite Corporation, BIA Separations, Wyatt Technology Corporation, AkzoNobel N.V. and Repligen Corporation.

The Global Chromatography Resin Market is Segmented on the basis of End-User Industry, Application, Methods and Geography.

The sample report for the Chromatography Resin Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
• Market Definition
• Market Segmentation
• Research Methodology

2. Executive Summary
• Key Findings
• Market Overview
• Market Highlights

3. Market Overview
• Market Size and Growth Potential
• Market Trends
• Market Drivers
• Market Restraints
• Market Opportunities
• Porter’s Five Forces Analysis

4. Chromatography Resin Market, By End-User Industry
• Biopharmaceutical and Pharmaceutical Industry
• Food and Beverage Industry
• Environmental Research and Testing
• Research and Academic Institutes

5. Chromatography Resin Market, By Application
• Protein Purification
• Drug Development and Manufacturing
• Environmental Monitoring
• Food and Beverage Testing

6. Chromatography Resin Market, By Methods
• Liquid Chromatography Resins
• Gas Chromatography Resins
• Resins from affinity chromatography
• Preparative Chromatography Resins

7. Regional Analysis
• North America
• United States
• Canada
• Mexico
• Europe
• United Kingdom
• Germany
• France
• Italy
• Asia-Pacific
• China
• Japan
• India
• Australia
• Latin America
• Brazil
• Argentina
• Chile
• Middle East and Africa
• South Africa
• Saudi Arabia
• UAE

8. Market Dynamics
• Market Drivers
• Market Restraints
• Market Opportunities
• Impact of COVID-19 on the Market

9. Competitive Landscape
• Key Players
• Market Share Analysis

10. Company Profiles

• GE Healthcare (US)
• Phenomenex Inc. (US)
• YMC Co., Ltd. (Japan)
• Daiso Co., Ltd. (Japan)
• Purolite Corporation (US)
• BIA Separations (Slovenia)
• Wyatt Technology Corporation (US)
• AkzoNobel N.V. (Netherlands)
• Repligen Corporation (US)
• Wyatt Technology Corporation (US)

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

 

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Chromatography Resin Market

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