The report “Chromatography Resin Market by type (Natural, Synthetic, Inorganic Media), Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Mixed Mode), Application (Pharmaceutical & Biotechnology, FnB), Region – Global Forecasts to 2028“, size is projected to reach USD 4.1 billion by 2028 from USD 2.8 billion in 2023, at a CAGR of 8.2%. The rising demand for therapeutic antibodies is the main driver behind the growth in the industry. Major pharmaceutical companies are actively engaged in the research and development of therapeutic antibodies. One crucial step in purifying monoclonal antibodies involves the removal of anionic impurities like nucleic acids and endotoxins using anion exchange chromatography. Therefore, the crucial role of chromatography techniques in the advancement of monoclonal antibodies is anticipated to propel the chromatography resin market.
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• 259 Market data Tables
• 59 Figures
• 284 Pages and in-depth TOC on “Chromatography Resin Market – Global Forecast to 2028”
Some of the prominent key players are:
· Avantor Performance Materials, Inc. (US)
· Bio-Rad Laboratories Inc. (US)
· Danaher Corporation (US)
· Merck KGaA (Germany)
· Tosoh Corporation (Japan)
· Bio-Works Technologies AB (Sweden)
· Mitsubishi Chemical Corporation (Japan)
Opportunity: Rising demand for chromatography in drug development and omics research
Chromatography is an exceptionally adaptable separation technique that offers extensive availability. During the initial stages of drug discovery, it is crucial to separate numerous closely related compounds that have been synthesized. The identification and assessment of their purity are of utmost importance. Chromatography methods are widely utilized for these purposes. Chromatography instruments find extensive applications in separating, purifying, and analyzing raw materials, Active Pharmaceutical Ingredients (APIs), and excipients. As a result, the growing need for high-quality medications and the implementation of stringent government regulations have led to an increased demand for chromatography resins in several countries.