DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Chromatography Resin Market by Type (Natural, Synthetic, Inorganic media), Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion,Multi-Modal), Application (Pharmaceutical, Biotechnology, Food & Beverage) Global Forecast to 2021" report to their offering.
Increasing demand for therapeutic antibodies and increasing R&D in biopharmaceuticals across the globe to drive the market for chromatography resin
The global market for chromatography resin is projected to grow from USD 1.72 billion in 2016 to USD 2.46 billion by 2021, at a CAGR of 7.41% from 2016 to 2021. Factors such as growing demand for therapeutic antibodies, rising R&D in biopharmaceuticals, and increasing use of chromatography as a separation technique in the food & beverage industry are expected to drive the market.
The ion exchange segment is expected to account for the largest share in the chromatography resins market, in terms of volume. The high share can be attributed to the increasing demand for this technique in the pharmaceutical industry owing to increasing need for efficient separation methods.
North America accounted for the largest market share in 2015
- Increasing Demand for Therapeutic Antibodies
- Increasing R&D in Biopharmaceuticals
- Increasing Use of Chromatography as A Separation Technique in Food & Beverage Industry
- High Cost of Affinity Resin
- Lack of Adequate Skilled Professionals
- Increasing Number of Cmos and Cros in Pharmaceutical Industry
- Increasing Demand for Biosimilars
- Growing Demand for Disposable Pre-Packed Columns
- Increasing Use of Liquid Chromatography-Mass Spectrometry in Analytics and Research
- Avantor Performance Materials, Inc.
- Bio-Rad Laboratories, Inc.
- GE Healthcare
- Merck KGaA
- Mitsubishi Chemical Corporation
- Pall Corporation
- Purolite Corporation
- Repligen Corporation
- Thermo Fisher Scientific Inc.
- Tosoh Corporation
For more information about this report visit http://www.researchandmarkets.com/research/rwl4d3/chromatography