The global ion chromatography market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing usage of ion-exchange chromatography for filtration, as well as the growing demand for monoclonal antibodies.
Ion chromatography isolates ions and polar compounds depending on their affinity for the ion exchanger. It is effective on nearly any charged molecule, including tiny nucleotides, big proteins, and amino acids. it must be performed at circumstances that are one unit away from a protein's ionic strength.
In the pharmaceutical business, ion chromatography is the most often utilized analytical technique for characterizing novel drug ingredients and therapeutic products. It is used from technique development through dosage analysis. The method has made sample analysis less unpleasant in recent years. It can be performed continuously with a large number of samples, saving both time and money. The analysis can be performed on either tiny molecules or big molecules such as proteins.
The COVID-19 epidemic has decreased spending on new equipment purchase, caused production breakdowns, and forced the postponement of several items that were in the works. During the post-pandemic period, the demand for this equipment is projected to recover.
The report on the global ion chromatography market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Ion Chromatography Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Applications (Environmental Testing, Pharmaceutical Industry, Food Industry, Chemicals Industry, and Others), Technology (Ion-exclusion Chromatography, Ion-exchange Chromatography, Ion-pair Chromatography |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Agilent Technologies Inc; Bio-Rad Laboratories Inc; GE Healthcare; Metrohm AG; and Mitsubishi Chemical Corporation |
Based on applications, the market is divided into environmental testing, pharmaceutical industry, food industry, chemicals industry, and others. The pharmaceutical industry segment is expected to grow at a rapid pace during the forecast period due to the increasing use of monoclonal antibodies and their variants in the pharmaceutical sector. However, the food industry segment is anticipated to hold a key share of the market in the coming years due to presence of stringent regulations to ensure food safety.
On the basis of technology, the market is segregated into ion-exclusion chromatography, ion-exchange chromatography, ion-pair chromatography. The ion-pair chromatography segment is projected to expand at a considerable CAGR during the forecast period. The ion-pair chromatography section enables fast and precise detection. Moreover, the ability of this technology to separate ionized and non-ionized molecules at the same time has attributed to its extensive use in a variety of end-use applications.
On the other hand, the ion-exclusion chromatography segment is anticipated to account for a major market share during the forecast period. Rising disposable income of consumers and increasing spending on exclusion chromatography are expected to boost the segment growth.
In terms of regions, the global ion chromatography market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period. Large expenditures in the research and development of innovative biopharmaceuticals as well as the presence of significant pharmaceutical companies in countries such as the US and Mexico are driving the regional market growth.
Additionally, the use of ion chromatography for assessing sample quality and impurity levels is a significant driver in the growth of the North American ion chromatography market. However, the market of the Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to increasing expenditures in R&D activities by public and commercial organizations.
The global ion chromatography market has been segmented on the basis of
The key players competing in the global ion chromatography market are Agilent Technologies Inc; Bio-Rad Laboratories Inc; GE Healthcare; Metrohm AG; and Mitsubishi Chemical Corporation.
Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. Moreover, they’re focusing on expanding their production capacities to leverage their market position. Key players are partnering with local manufacturers and investing in R&D activities to enhance the manufacturing process to reduce the operation costs.
The global ion chromatography market has been segmented on the basis of
The key players competing in the global ion chromatography market are Agilent Technologies Inc; Bio-Rad Laboratories Inc; GE Healthcare; Metrohm AG; and Mitsubishi Chemical Corporation.
Companies are engaging in partnerships, acquisitions, and mergers to expand their market share. Moreover, they’re focusing on expanding their production capacities to leverage their market position. Key players are partnering with local manufacturers and investing in R&D activities to enhance the manufacturing process to reduce the operation costs.
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