Global Chromatography Resin Market Size, Share, and COVID-19 Impact Analysis, By Type (Natural, Synthetic, Inorganic), By Technology (Ion exchange, Affinity, Hydrophobic interaction, Size exclusion & Others), By Application (Pharmaceutical, Academics & Research, Food & Beverage, Water & Environmental Analysis & Others), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) Analysis and Forecast 2022-2030

Key Market Insights

Chromatography Resin Market was valued at USD 2.57 Billion in 2021 and is projected to grow at a CAGR of 8.1% from 2022 to 2030. Chromatography resins are media that are utilized with a stationary phase to capture and polish mAbs, antibody fragments, vaccinations, and other biomolecules.

Chromatography columns are necessary for the process of disentangling the target molecule from extraneous constituents. The resins used in chromatography columns are what the mobile phase flows through. The selective and efficient resins used in affinity chromatography are frequently utilized to purify antibodies. Additionally, these are used in bioprocessing applications including the purification of recombinant monoclonal antibodies.

COVID-19 ANALYSIS

The impact of COVID-19 has a positive effect on the market since global carbon emissions have decreased. The COVID-19 pandemic has continued to alter the development of numerous businesses, but its immediate effects remain varied. Due to the growing usage of chromatography techniques in the approval of various pharmaceuticals, the market for chromatography resin has experienced considerable growth in 2020.

A growing number of research projects have been carried out to examine the effects of COVID-19 on human bodies as the outbreak has caused a catastrophe around the world. Additionally, the development of technology and the growing significance of chromatography in research and development for pharmaceuticals, forensic labs, and laboratories.

Shifting Trend Towards Advanced Technologies Rather than Conventional Separation Techniques Fueling the Market Growth

The rising need for therapeutic antibodies for the treatment of patients is likely to aid the market growth. Chromatography is increasingly being used to replace traditional separation methods like distillation and filtering, which is spurring innovation for the product's use in many new markets.

Increasing Healthcare Expenditure Fueling the Market Growth

The demand for chromatography resins will increase due to the rising need for monoclonal antibody production and the growth of the bio-pharmaceutical industry throughout industrialized nations. The major financing for genomics research and the separation of chiral chemicals are expected to accelerate the expansion.

Surging Demand from Different Applications Making Positive Impact on Chromatography Resins

The demand for chromatography resins in drug discovery applications has been driven by the expanding pharmaceutical and biopharmaceutical R&D activities over the past decade. Due to the anticipated regulatory environment, biosimilar are also now high in demand in developing regions. The need for chromatography, a key element of R&D operations in the pharmaceutical industry, is predicted to expand with an increase in R&D funding, aiding the market growth.

Limited Skilled Professionals Hampering the Market Growth

Lack of qualified personnel to use chromatographic equipment and carry out the procedures in the pharmaceutical business. Expertise with required experience and knowledge of various chromatography procedures to use chromatography equipment is in demand. The global market for chromatography resins may have growth challenges due to a lack of competent workforce to handle.

Segmentation Insight

Based on the type, the market is categorized into natural, synthetic, inorganic. Based on technology, the market is categorized into ion exchange, affinity, hydrophobic interaction, size exclusion & others. Based on application, the market is categorized into pharmaceutical, academics & research, food & beverage, water & environmental analysis & others. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, South America, Middle East and Africa.

Regional Insights

North America region is dominating the chromatography resin market share owing to the modern chromatographic techniques are being employed for food analytics and other diagnostic applications. The presence of major pharmaceutical organization’s research facilities in this region.

The expansion of the biotechnology and pharmaceutical industries in North America has led to an increase in the chromatography sector as it contributes to the development of new therapeutic medications, which raises life expectancy. Another motivating aspect is the growing emphasis that governments in North America are placing on maintaining the well-being of their electorates.

However, Asia Pacific region is anticipated to grow over the next few years of global chromatography resin market owing to growing government support for local manufacturing is anticipated to increase regional output levels and decrease reliance on imports, creating attractive prospects for both international and local enterprises.

The demand is high in developed nations like Japan and South Korea as they are one of the biggest suppliers of resins in the region. However, developing nations provide significant development potential and are anticipated to drive regional markets during the projection period.

LIST OF KEY COMPANIES PROFILED:

• Avantor, Inc.
• Bio-Rad Laboratories, Inc.
• Bio-Works Technologies AB
• Cytiva
• DuPont
• Cytiva
• DuPont
• Merck KGaA
• Mitsubishi Chemical Corporation
• Pall Corporation
• PerkinElmer Inc.
• Purolite
• Repligen Corporation
• Sartorius AG
• Thermo Fisher Scientific
• Tosoh Bioscience GmbH
• Others

Key Developments:

July 2022- Bio-Rad Laboratories launched EconoFit Low-pressure prepacked chromatography column packs to support resin screening experiments in the development of protein purification workflows.

September 2021- Avantor acquired Masterflex to expand the single use offering for bio production which will strengthens the company’s offering including cell and gene therapy, mAbs, and mRNA, and supports both therapy and vaccine manufacturing including COVID-19.

February 2021- Repligen and Navigo Proteins witnessed to complete development and started the commercial launch of the NGL COVID-19 Spike Protein Affinity Resin.

April 2020- Sartorius acquired selected life science businesses of Danaher Corporation that will support customers with more comprehensively in the development of biotech medicines and vaccines.

March 2020- Avantor launched a new protein a chromatography resin, PROchievA, which provides supply chain flexibility and improves downstream purification performance for monoclonal antibodies production.

SEGMENTATION:

By Type

• Natural
• Synthetic
• Inorganic

By Technology

• Ion exchange
• Affinity
• Hydrophobic interaction
• Size exclusion
• Others

By Application

• Pharmaceutical
• Academics & Research
• Food & Beverage
• Water & Environmental Analysis
• Others

By Region

• North America
  • S.
  • Mexico
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• The Middle East and Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa