Chromatography Resins Market to Garner $4.1 Million, Globally, By 2030 at 7.1% CAGR, Says Allied Market Research

News provided by

Feb 16, 2022, 08:20 ET

PORTLAND, Ore., Feb. 16, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Chromatography Resins Market by Type (Hydrophobic Interaction Resin, Multimodal or Mixed-Mode Resin, Size Exclusion Resin, Affinity Resin, Ion-Exchange Resin, and Others) and Application (Antibody Purification, Biomolecule Separation & Purification, Vaccination, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030." According to the report, the global chromatography resins industry generated $2.1 billion in 2020, and is expected to reach $4.1 billion by 2030, witnessing a CAGR of 7.1% from 2021 to 2030.

Drivers, Restraints, and Opportunities

Surge in adoption in the biomolecule separation & purification industry and development of affinity and ion-exchange chromatographic resins drive the growth of the global chromatography resins market. However, high cost of production hinders the market growth. On the other hand, vaccine production and purification create new opportunities in the coming years.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/13005

Covid-19 Scenario

The chromatography resins market has been impacted positively during the Covid-19 pandemic, as these resins have been utilized in biomolecule separation & purifications, vaccination, and protein separation applications.
Protein A-derived chromatography resins are deployed for overcoming the purification challenges that occurred during the development of coronavirus vaccines. For instance, Repligen and Navigo teams developed affinity resins for downstream processing (DSP) for their ability to raise the purification speed and yield high-quality Covid-19 vaccines.
Affinity chromatographic resins can bind and isolate the target protein vaccine effectively from insipid and compound liquid mixtures. Moreover, different types of Covid-19 vaccines such as m-RNA based that are under development by BioNTech, Curevac, and Moderna have been deploying affinity resins during vaccine production processes.
The affinity resins segment to continue its lead position

during the forecast period

Based on type, the affinity resins segment held the highest share in 2020, accounting for more than half of the total share, and is projected to continue its lead position during the forecast period. This is due to its binding capacity, minimal ligand leakage, and selectivity for a wide series of antibody fragments in protein purification applications. Moreover, these resins lower down the process time and amount of resin usage during antibody fragment purification applications. However, the ion-exchange resins segment is expected to manifest the highest CAGR of 7.5% from 2021 to 2030, due to its application in high-resolution protein separation for its maximum sample loading capacity and its role in enhancing process advancement flexibility and industrial throughput.

Get Detailed COVID-19 Impact Analysis on the Chromatography Resins Market @ https://www.alliedmarketresearch.com/request-for-customization/13005?reqfor=covid

The antibody purification segment to continue its leadership status during the forecast period

Based on application, the antibody purification segment contributed to the largest share in 2020, accounting for more than one-third of the total share of the global chromatography resins market, and is expected to continue its leadership status during the forecast period. Moreover, this segment is expected to register the fastest CAGR of 7.4% from 2021 to 2030. This is attributed to advantages such as enhanced capacity, ability to address purification process demand, maximum-titer feedstocks, and requirement of mild elution conditions. The report also analyzes the segments including biomolecule separation & purification, vaccination, and others.

North America to maintain its dominant share by 2030

Based on region, North America accounted for the highest share in 2020, contributing to more than one-third of the total market share, and is estimated to maintain its dominant share by 2030. Moreover, this region is expected to portray the highest CAGR of 7.6% during the forecast period. This is due to presence of large number of manufacturers and suppliers across U.S., adoption in several industries for gaining analytical data and purity of product based on the product applications, and rise in number of biotechnology and pharmaceutical companies. The research also analyzes regions including Asia-Pacific, Europe, and LAMEA.

Leading Market Players

Cytiva Lifesciences
Sartorius AG
Bio-Rad Laboratories Inc.
Tosoh Bioscience
Generon
Repligen Corporation
Bio-Works
JNC Corporation
LAF-Biotechnology
Anatrace Products LLC.

Interested in Procuring This Report? Visit Here:
https://www.alliedmarketresearch.com/chromatography-resins-market/purchase-options

Avenue Basic Plan | Library Access | 1 Year Subscription |

Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.

Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenueTrial

Get more information: https://www.alliedmarketresearch.com/library-access

Epoxy Resin Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Coatings Resins Market: Global Opportunity Analysis and Industry Forecast, 2018-2025

Unsaturated Polyester Resins Market: Global Opportunity Analysis and Industry Forecast, 2021–2030

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter