PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1795415
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1795415
The global chromatography resin market size is projected to reach USD 4.94 billion by 2030 from USD 3.02 billion in 2024, at a CAGR of 8.6% between 2025 to 2030.
Scope of the Report | |
---|---|
Years Considered for the Study | 2020-2030 |
Base Year | 2024 |
Forecast Period | 2025-2030 |
Units Considered | Value (USD Million/Billion) and Volume (Liter) |
Segments | Type, Technique, Application, and Region |
Regions covered | Asia Pacific, Europe, North America, Middle East & Africa, and South America |
Chromatography resins are utilized in sensitive processes like cleaning drugs, food additives, environmental, and industrial chemicals. They are used to give separation and isolation of valuable components of a complex mixture to guarantee product purity, safety, and compliance. These resins enhance the efficiency of the separation processes, as well as reduce the processing time, and minimize the use of harsh chemicals involved in the separation processes.
Chromatography resins are designed in such a way that they can be reused, exerted to different pressures and certain pH levels, and still remain effective. Besides, more industries are turning to use these resins as interest and demand in safer and high-quality biologics increases, and the enforcement of purity and contaminants involved with pharmaceuticals, food, and environmental testing. Advances in resin chemistry and functional ligands are increasing the selectivity and stability of resins, and this is increasing market penetration. With the growing separation and purification requirements being experienced in different fields, chromatography resins are of much importance in the attainment of high-performance results. Chromatography resins are now being demanded more because of the fast industrialization and increasing food processing and online retail activities across the globe.
"Natural polymers type segment is projected to register the second-highest CAGR of chromatography resins market, in terms of value, during the forecast period."
During the forecast period, natural polymers are estimated to have the highest CAGR in terms of value, in the chromatography resin market due to their biocompatibility, high porosity, and the prevalence of their use in bioseparation processes. Agarose, cellulose, and dextran are ideal materials used in purification of delicate biomolecules such as proteins, enzymes, and antibodies, particularly in the biopharmaceutical industry. These polymers present a high hydrophilicity and low nonspecific binding, producing separation with greater purity and yield. With the increasing need to have monoclonal antibodies, gene therapies, and other biologics, there is a massive increase in the application of natural polymer-based resins. Moreover, they have a renewable nature and eco-friendly reputation, which could also help increase the rate of industry interest in being more sustainable and implementing green approaches to manufacturing. Continued technology development in the areas of natural polymer modification and crosslinking are also increasing their mechanical strength and applicability, and further opening them up to wider industry applicability, and further increasing their market expansion.
"Pharmaceutical & biotechnology segment is projected to register the highest CAGR in the chromatography market, in terms of value, in 2030."
The pharmaceuticals and biotechnology application segment is estimated to register the highest CAGR in the chromatography resin market in the forecast period because of the all-inclusive increase in the demand for biologics, monoclonal antibodies, vaccines, and gene therapies. Chromatographic resins play an important role in the purification of those complex biomolecules in downstream processing, where purity and product integrity are paramount when it comes to chromatography resins. The booming number of cases of chronic illnesses, the growing cost of healthcare services, and the increase in personalized medicine have expedited the use of advanced drug development and production processes, of which chromatography plays a pivotal role. The increase in the pipeline of biosimilars and the quality and consistency in drug manufacturing emphasized by regulatory authorities are also driving the demand. Due to the rise in R&D and development activities worldwide by biotechnology firms and pharmaceutical companies, more biomanufacturing capacities are being established in various parts of the world, especially in emerging markets. These factors, along with ongoing innovation in resin chemistry and purification technologies, are likely to support strong growth in this application sector.
"Europe is projected to register the third-highest CAGR during the forecast period in the chromatography resin market, in terms of value."
Europe is expected to record the third-highest CAGR in the chromatography resin market during the forecast period, due to its mature but continuously developing pharmaceutical and biotechnology industry. Some of the worldwide biopharma corporations, contract research organizations (CROs), and research universities extensively apply chromatography procedures to develop drugs, manage quality, and conduct clinical research. Government funding of innovation and research & development is encouraging growth in the chromatography resin market, and because of this, there is an increasing level of investment taking place in biologics and also in biosimilars. Also, on the one hand, high regulatory requirements imposed by the European Medicines Agency (EMA) promote the necessity of a high-performance purification process, and chromatography resins cannot be avoided. Despite a rather moderate rate of growth in comparison with the one observed in emerging markets in Asia Pacific, the constant improvement of life sciences, environmental and food safety testing, etc., still maintains the consistent demand. The high rates of quality, safety, and environmental friendliness make Europe a major contributor to the growth of the worldwide chromatography resin market.
The key players profiled in the report include Bio-Rad Laboratories, Inc. (US), Merck KgaA (Germany), Danaher Corporation (US), Tosoh Corporation (Japan), Sartorius Stedim Biotech S.A. (France), Bio-Works Technologies AB (Sweden), Avantor, Inc. (US), Purolite (US), Repligen Corporation (US), Mitsubishi Chemical Group Corporation (Japan), and Thermo Fisher Scientific Inc. (US), among others.
Research Coverage
This report segments the market for chromatography resin based on type, technique, application, and region, and provides estimations in terms of value (USD million) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, and key strategies associated with the market for chromatography resin.
Reasons to Buy this Report
This research report is focused on various levels of analysis - industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view of the competitive landscape, emerging and high-growth segments of the chromatography resin market; high-growth regions; and market drivers, restraints, and opportunities.