The Business Research Company’s report on the Chromatography Resins Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the chromatography resins market in recent years?
The rising prevalence of cancer cases across the globe is likely to contribute to the growth of the chromatography resins market. Monoclonal antibodies are targeted cancer therapies used to treat cancer and chromatography resins are media used to capture and polish monoclonal antibodies (mAbs), and other biomolecules. The increasing prevalence of cancer is thus expected to increase the demand for chromatography resins. For instance, in January 2022, according to the American Cancer Society, there were an estimated 1.9 million new cancer diagnoses and 609,360 cancer-related deaths in the United States, resulting in approximately 1,670 daily fatalities. Globally, the four predominant cancer types lung, prostate, colorectal, and breast cancer in women comprise 43% of all newly diagnosed cancer cases. Hence, the rising prevalence of cancer is expected to generate more demand for cancer therapies, increasing the monoclonal antibodies demand and thus driving the market for chromatography resins.
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What is the projected market size of the chromatography resins industry, and how is it expected to grow?
The chromatography resins market size has grown strongly in recent years. It will grow from $2.95 billion in 2024 to $3.21 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to increased biopharmaceutical production, growth in analytical and research applications, pharmaceutical industry growth, increased academic and clinical research, growth of the phramaceutical industry.
The chromatography resins market size is expected to see rapid growth in the next few years. It will grow to $4.86 billion in 2029 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to increasing drug development, precision medicine research, regulatory and quality standards, emerging market growth, growing green chemistry initiatives. Major trends in the forecast period include introduction of separation technologies, technological advancements, customized resin solutions, industrial and biotechnology innovations, and advanced chromatography techniques.
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Who are the key players driving competition in 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.
What key trends are expected to drive the chlorine trifluoride market during the forecast period?
Major companies operating in the chromatography resins market are developing technologically advanced solutions, such as protein A chromatography resins, to offer high specificity and efficiency in purifying antibodies. Protein A chromatography resin is a specialized resin used in affinity chromatography to purify antibodies by binding to the Fc region of immunoglobulins, particularly IgG, due to its high affinity for Protein A. For instance, in June 2024, Ecolab Inc., a US-based chemical company, launched DurA Cycle, a protein A chromatography resin for large-scale purification processes. DurA Cycle is tailored for large-scale commercial production of monoclonal antibodies, where controlling the cost of goods is essential for biologic drug developers. This innovative resin allows biologic manufacturers to enhance production efficiencies, lower their costs, and expedite the introduction of new treatments to the clinic.
Which key geographies are driving the growth of the chromatography resins market?
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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What are the key segments driving growth in the chromatography resins market?
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
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What defines the structure and scope of the chromatography resins market?
The chromatography resins market are used to capture and polish monoclonal antibodies (mAbs), antibody fragments, vaccines, and other biomolecules using a stationary phase. The mobile phase drives the sample and the chromatography resins in the stationary phase allowing its purification.
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