The North America Chromatography Resins Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 7% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising demand from the pharmaceutical sector.
Chromatography resins provide support to polysaccharide beads that are packed into a column. They are available with different purification efficiency, flow resistance, and binding capacity. These resins isolate the desired components from any mixture of compounds.
They are also used in the separation of molecules and in diagnostic test development. Chromatography resins are used in the purification and separation of proteins and other bio-molecules in biotechnology, pharmaceutical, food manufacturing, and environmental analysis.
Market Trends, Drivers, Restraints, and Opportunities
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Increasing use in water treatment and environmental analysis is expected to boost the chromatography resins market growth.
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Growing demand for chromatography resins in the drug development process is estimated to drive the market growth.
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Rising demand in the food analytics is spurring the development of the market.
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Lack of skilled professionals can hinder the growth of the chromatography resins market.
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Government initiatives to promote the adoption of chromatography resins in North America is likewise expected to create lucrative opportunities during the forecast period.
Scope of Chromatography Resins Market Report
The report on the North America chromatography resins market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Chromatography Resins Market - North America Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Origins (Natural-based [Agarose and Dextran] Synthetic-based [Silica Gel, Aluminium Oxide, Polystyrene, and Others]), Technologies (Ion Exchange Chromatography Resins, Affinity Chromatography Resins, Size Exclusion Chromatography Resins, Hydrophobic Interaction Chromatography Resins, and Others), End-users (Pharmaceuticals [Biotechnology, Drug Discoveries, Drug Productions], Water and Environmental Agencies, Food and Beverages, and Others)
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Geographical Scope
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The US and Canada
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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General Electric; Merck KGaA; Dupont; Thermo Fisher Scientific and Mitsubishi Chemical Corporation.
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Chromatography Resins Market Segment Insights
Synthetic-based segment is expected to grow at a rapid pace
Based on origins, the market is divided into natural-based and synthetic-based. The natural-based segment is further classified as agarose and dextran. The synthetic-based segment is further classified as silica gel, aluminium oxide, polystyrene, and others. The synthetic-based segment is estimated to account for a significant share of the market owing to biotechnological analytical trials, when the resins are exposed to adverse and extreme conditions of pH and pressure, synthetic chromatic resins are more suitable than native chromatography resins.
Ion exchange chromatography resins segment is projected to expand at a considerable CAGR
In terms of technologies, the chromatography resins market is segregated into ion exchange chromatography resins, affinity chromatography resins, size exclusion chromatography resins, hydrophobic interaction chromatography resins, and others. The ion exchange chromatography resins segment is estimated to account for a key share of the market due to its extensive use in the pharmaceutical industry.
Pharmaceuticals segment is projected to expand at a considerable CAGR
On the basis of end-users, the market is classified as pharmaceuticals, water and environmental agencies, food and beverages, and others. The pharmaceuticals segment is further classified as biotechnology, drug discoveries, and drug productions. The biotechnology sub-segment is expected to depict a highest growth rate during the forecast period. The growth is attributed to the increasing use of chromatography to manufacture drugs, such as monoclonal antibodies and other recombinant proteins.
Segments
The North America chromatography resins market has been segmented on the basis of
Origins
- Synthetic-based
- Silica Gel
- Aluminum Oxide
- Polystyrene
- Others
Technologies
- Ion Exchange Chromatography Resins
- Affinity Chromatography Resins
- Size Exclusion Chromatography Resins
- Hydrophobic Interaction Chromatography Resins
- Others
End-users
- Pharmaceuticals
- Biotechnology
- Drug Discoveries
- Drug Productions
- Water and Environmental Agencies
- Food and Beverages
- Others
Geography
Key Players
- General Electric
- Merck
- KGaA
- Dupont
- Thermo Fisher Scientific
- Mitsubishi Chemical Corporation
Competitive Landscape
Key players competing in the North America chromatography resins market are General Electric; Merck KGaA; Dupont; Thermo Fisher Scientific and Mitsubishi Chemical Corporation.
In October 2019, Danaher entered into an agreement with Sartorius Stedim Biotech to divest its three life sciences tools businesses for worth about USD 750.0 million. As per the agreement, Sartorius is estimated to acquire chromatography hardware & resins, label-free biomolecular characterization, and microcarriers & particle validation standards businesses of Danaher.
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