Ion Chromatography Market Size, Share & Growth Report | 2031

Report Description

Ion Chromatography Market Outlook 2031

The global ion chromatography market size was valued at USD 2.10 Billion in 2022 and is projected to reach USD 4.38 Billion by 2031, expanding at a CAGR of 8.5% during the forecast period, 2023–2031. 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 in circumstances that are one unit away from a protein's ionic strength.

Get Free Sample Report

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 purchases, 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.

Ion Chromatography Market Dynamics

Major Drivers 

Rising number of governmental and non-profit organizations working on purity testing, particularly in the food & beverage industry is expected to contribute to the expansion of the ion chromatography market. 

Increasing demand for water purification and other purity research from various environmental and health organizations is expected to drive market expansion. Growing use of ion-exchange methods in industries such as food & beverage and water treatment is anticipated to fuel the market growth.

Existing Restraints 

The shortage of qualified experts capable of operating ion chromatography equipment can impede and limit market expansion throughout the projected period. High cost of chromatography devices as well as a scarcity of trained individuals to operate them are hampering the growth of the ion chromatography market. 

Get Free Sample Report

Emerging Opportunities

Ion chromatography is rapidly being utilized in many sectors to verify content, quality, or safety, which in turn, is estimated to create significant opportunities for market expansion.

Scope of Ion Chromatography Market Report

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.

Ion Chromatography Market Segment Insights

Application Segment Analysis

Based on application, 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 the presence of stringent regulations to ensure food safety.

Get Free Sample Report

Technology Segment Analysis

On the basis of technology, the market is segregated into ion-exclusion chromatography, ion-exchange chromatography, and 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 been 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.

Regional Outlook

In terms of region, 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.

Get Free Sample Report