Chromatography Resin Industry Overview

The global chromatography resin market size was estimated at USD 2.47 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2030.

The growth in this market is attributable to growing demand for chromatography techniques from pharmaceutical, chemical, food beverage, and other industries. High investments in RD in the industry have propelled the development of several products, which have resulted in improved productivity compared to conventional products. Chromatography resin is among one of the examples of evolving industry dynamics. It has gained a considerable market share in recent years across several end-use industries owing to its high accuracy and ease of use.

Gather more insights about the market drivers, restrains and growth of the Chromatography Resin Market

The U.S. is expected to remain a major consumer in the industry as most of the pharmaceutical companies are based in the U.S. This region has seen a strong growth due to focused government spending on research and development. The rise in disposable income has also directly translated into increased spending on essential and preventive healthcare services, thereby boosting product consumption.

Increasing demand for therapeutic antibodies for treating patients is also a major driver that is triggering the industry growth. The shifting trend toward replacing conventional separation techniques, such as distillation and filtration using chromatography is also driving innovation for product use in numerous new segments.

Browse through Grand View Research's Specialty Polymers Industry Research Reports.

• The global petrochemicals market size was valued at USD 619.28 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030.
• The global monoclonal antibodies market size was valued at USD 210.06 billion in 2022 and is projected to exhibit a compound annual growth rate (CAGR) of 11.04% from 2023 to 2030.

Chromatography Resin Market Segmentation

Grand View Research has segmented the global chromatography resin market report based on type, technique, end-use, and region:

Chromatography Resin Type Outlook (Revenue, USD Million; Volume, Thousand Liters, 2018 - 2030)

• Natural
• Synthetic
• Inorganic

Chromatography Resin Technique Outlook (Revenue, USD Million; Volume, Thousand Liters, 2018 - 2030)

• Ion Exchange
• Affinity
• Hydrophobic Interaction
• Size Exclusion
• Mixed Mode
• Others

Chromatography Resin End?use Outlook (Revenue, USD Million; Volume, Thousand Liters, 2018 - 2030)

• Pharmaceutical Biotechnique
• Food Beverage
• Water Environmental Analysis
• Other End-Uses

Chromatography Resin Regional Outlook (Revenue, USD Million; Volume, Thousand Liters, 2018 - 2030)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Austria
  • Switzerland
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • New Zealand
• Central South America
  • Brazil
  • Argentina
• Middle East Africa
  • South Africa
  • Saudi Arabia
  • UAE

Key Companies profiled:

• Merck KGaA
• Bio - Rad Laboratories, Inc.
• WIPRO GE HEALTHCARE PVT LTD
• Purolite
• GRACE
• Mitsubishi Chemical Holdings Corporation.
• Danaher

Key Chromatography Resin Company Insights

Key companies are adopting several organic and inorganic growth strategies, such as capacity expansion, mergers acquisitions, and joint ventures, to maintain and expand their market share.

• In April 2023, Mitsubishi Chemical starts implementation of commercial polycarbonate (PC) resin recycling. By 2030, Mitsubishi Chemical will have an annual processing capacity of 10,000 tons of PC resin recycling material to commercialize the chemical recycling of PC resin.
• In June 2022, Bio-Rad Laboratories, Inc. launched CHT prepacked Foresight Pro Columns, designed to support downstream process-scale chromatography applications across different stages of biological drug development and production.

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