Global Chromatography Resin Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation & Forecast 2024

Industry : Chemical and MaterialPublished Date : May 14th, 2018
Tutorials Get 15% Discount on First Report

The global chromatography resin market stood at USD 1,710.6 million in 2017 and is likely to generate a demand of USD 2,750.5 million by 2024, while propelling at a CAGR of 6.6% over the next seven years. Growing awareness among the consumers regarding food quality and safety along with the mounting healthcare expenditure across the globe is a major factor contributing towards market growth. The years used for the assessment are as follows;

  • Historical year   : 2014, 2015 and 2016
  • Base year          : 2017
  • Forecast period : 2018 – 2024

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the chromatography resin market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the global chromatography resin market
  • Finalizing the overall size and share for the global chromatography resin market.

OBJECTIVES: 

  • To classify global chromatography resin market into segments on the basis of type, technique and end-use, to analyze their growth prospects individually
  • To analyze market trends, opportunities, drivers and restraints associated with chromatography resins
  • Profiling key companies operating in the global chromatography resin market
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for chromatography resin market is as follows:

By Type

  • Natural
  • Synthetic
  • Inorganic Media

By Technique

  • Ion Exchange Resins
  • Affinity Resins
  • Size Exclusion Resin
  • Hydrophobic Interaction
  • Others

By End-Use

  • Food & Beverage
  • Pharmaceutical
  • Biotechnology
  • Cosmetics
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Central & South America (CSA)
  • Middle East & Africa (MEA)

Chromatography Resin: Transforming the healthcare and food industries

The global chromatography resin market is expected to expand to USD 2,750.5 million by 2024, at a CAGR of 6.6% from 2018 to 2024. Significant growth in the food & beverage, biotechnology as well as biopharmaceutical sector has propelled market demand over the forecast period. There has been increasing use of resins for protein purification, food processing, drug assessment and monoclonal antibody production, which has in turn fuelled the market growth from 2018 to 2024.

Chromatography may be defined as the process of separating mixtures of coloured compounds into individual components. Presently, the detection methods are based on the chemical and physical properties of the molecules being separated. These include, but are not limited to colour, size, charge, UV absorbance, and hydrophobicity. Additionally, in modern chromatography, the stationary phase comes in form of media that is either pre-packed in a chromatography column or is added by the user so as to separate the apparatus.

Resins being highly important components of chromatography techniques are used in the separation of bio molecules. Chromatography accounts for an easy technique that offers high accuracy and therefore used across a diverse range of applications. It can be carried out on a small scale for analytical purposes as well as on a medium or large scale for preparation and other industrial purposes.

In addition, chromatography has gradually gained significance in healthcare segments such as nutraceuticals and gene testing. Its use in the food sector in order to minimize food adulteration has fostered market growth in light of growing food safety concerns among consumers. Also, the rising investment in the research and development activities across the globe is projected to boost market demand over the coming years.

Moreover, there has been a major rise in the number of CMO (Contract Manufacturing Organization) and CRO (Contract Research Organization) is anticipated to positively influence the market growth over the next seven years. Additionally, the increasing pharmaceutical spending in emerging economies such as India and China has led to the development of pharmaceutical sector and in turn promoted market growth.

Furthermore, the market players must conform to various stringent regulations imposed by food regulatory authorities in varied regions so as to operate in the industry. However, high raw material and transportation costs associated with chromatography resins along with the lack of adequate skilled professionals who can live up to the industry requirements may pose a challenge to the industry growth.

TABLE OF CONTENTS

CHAPTER 1. Market Scope and Methodology

1.1. Research methodology

1.2. Research scope & assumptions

1.3. List of data sources

CHAPTER 2. Executive Summary

2.1. Chromatography Resin Market – Market snapshot

CHAPTER 3. Industry Analysis

3.1. Market definition

3.2. Market segmentation

3.3. Key findings of the global chromatography resin market

3.4. Value chain analysis

3.5. Technology Outlook

3.6. Market opportunities & trends

3.7. Market dynamics

3.7.1. Market driver analysis

  3.7.1.1. High end research and development in biopharmaceuticals

  3.7.1.2. Use of chromatography in food & beverage industry

  3.7.1.3. Growing demand owing to advances in drug development

3.7.2. Market restraint analysis

  3.7.2.1. High associated costs

  3.7.2.2. Lack of skilled professionals

3.7.3. Industry Analysis-Porters five forces of Analysis

CHAPTER 4. Competitive Outlook

4.1. Competitive Analysis

4.2. Competitive Factors

4.3. Strategies Adopted

CHAPTER 5. Global Chromatography Resin Market Size and Forecast (2014 – 2024)

5.1. Global Chromatography Resin Market, By Type (Thousand Liters) (USD Million)

5.1.1. Natural

5.1.2. Synthetic

5.1.3. Inorganic Media

5.2. Global Chromatography Resin Market, By Technique (Thousand Liters) (USD Million)

5.2.1. Ion Exchange Resins

5.2.2. Affinity Resins

5.2.3. Size Exclusion Resin

5.2.4. Hydrophobic Interaction

5.2.5. Others

5.3. Global Chromatography Resin Market, By End-Use (Thousand Liters) (USD Million)

5.3.1. Food & Beverage

5.3.2. Pharmaceutical

5.3.3. Biotechnology

5.3.4. Cosmetics

5.3.5. Others

CHAPTER 6. Global Chromatography Resin Market Size and Forecast, By Region (2014 – 2024)

6.1. North America Chromatography Resin Market (Thousand Liters) (USD Million)

6.1.1. North America Chromatography Resin Market, By Type

6.1.2. North America Chromatography Resin Market, By Technique

6.1.3. North America Chromatography Resin Market, By End-use

6.1.4. North America Chromatography Resin Market, By Country

   6.1.4.1. U.S.

   6.1.4.2. Rest of North America

6.2. Europe Chromatography Resin Market (Thousand Liters) (USD Million)

6.2.1. Europe Chromatography Resin Market, By Type

6.2.2. Europe Chromatography Resin Market, By Technique

6.2.3. Europe Chromatography Resin Market, By End-use

6.2.4. Europe Chromatography Resin Market, By Country

   6.2.4.1. Germany

   6.2.4.2. U.K

   6.2.4.3. France

   6.2.4.4. Rest of Europe

6.3. Asia-Pacific Chromatography Resin Market (Thousand Liters) (USD Million)

6.3.1. Asia-Pacific Chromatography Resin Market, By Type

6.3.2. Asia-Pacific Chromatography Resin Market, By Technique

6.3.3. Asia-Pacific Chromatography Resin Market, By End-use

6.3.3. Asia-Pacific Chromatography Resin Market, By Country

   6.3.3.1. China

   6.3.3.2. Japan

   6.3.3.3. India

   6.3.3.4. South Korea

   6.3.3.5. Rest of Asia-Pacific

6.4. Central & South America (CSA) Chromatography Resin Market (Thousand Liters) (USD Million)

6.4.1. Central & South America (CSA) Chromatography Resin Market, By Type

6.4.2. Central & South America (CSA) Chromatography Resin Market, By Technique

6.4.3. Central & South America (CSA) Chromatography Resin Market, By End-use

6.5. Middle East & Africa (MEA) Chromatography Resin Market (Thousand Liters) (USD Million)

6.5.1. Middle East & Africa (MEA) Chromatography Resin Market, Type

6.5.2. Middle East & Africa (MEA) Chromatography Resin Market, By Technique

6.5.3. Middle East & Africa (MEA) Chromatography Resin Market, By End-use

CHAPTER 7. Key Players and Strategic Developments

7.1. W.R. Grace & Co.

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. General Electric

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. Thermo Fisher Scientific Inc.

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. Merck KGaA

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Bio-Rad Laboratories, Inc.

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Tosoh Bioscience LLC

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Pall Corporation

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Danaher Corporation

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Avantor Performance Materials LLC

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. Mitsubishi Chemical Corporation

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments

7.11. Purolite

7.11.1. Business Overview

7.11.2. Product and Service Offering

7.11.3. Financial Overview

7.11.4. Strategic Developments

Global Chromatography Resin Market Outlook, Trend and Opportunity Analysis, Competitive Insights, Actionable Segmentation and Forecast 2024