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    Chromatography Resin Market

    ID: MRFR/CnM/5581-CR
    110 Pages
    Anshula Mandaokar
    October 2022

    Chromatography Resin Market Research Report Information By Type (Natural Resin, Synthetic Resin, Inorganic Media) Technique (Ion-exchange chromatography, Affinity chromatography, Hydrophobic interaction chromatography, Size exclusion chromatography, Multi-modal chromatography, Others) Forecast 2032

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    Chromatography Resin Market Research Report—Global Forecast till 2032 Infographic
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    Chromatography Resin Market Summary

    As per Market Research Future Analysis, the global chromatography resin market was valued at USD 14,594.77 Million in 2023 and is projected to grow to USD 26,607.04 Million by 2032, with a CAGR of 6.90% from 2024 to 2032. Chromatography resins are essential for isolating components in pharmaceuticals and biotechnology, particularly in the development of vaccines and treatments. The COVID-19 pandemic positively impacted the market due to increased demand for analytical methods in vaccine development. However, high costs associated with affinity resins, particularly Protein A, pose challenges. Opportunities exist in the growing demand for biosimilars, which offer cost-effective alternatives to branded biologics. Trends indicate a shift towards green chromatography to reduce environmental impact.

    Key Market Trends & Highlights

    The chromatography resin market is witnessing significant trends and dynamics.

    • COVID-19 has increased demand for chromatography techniques, enhancing market growth.
    • The market is driven by the pharmaceutical and biotechnology sectors, with HPLC being a key analytical method.
    • High costs of affinity resins, particularly Protein A, account for over 60% of downstream expenses in mAb therapies.
    • Growing demand for biosimilars is expected to provide cost-effective alternatives to existing biologics.

    Market Size & Forecast

    2023 Market Size USD 14,594.77 Million
    2032 Market Size USD 26,607.04 Million
    CAGR (2024-2032) 6.90%

    Major Players

    Key players include Tosoh Corporation, Thermo Fisher Scientific Inc, Repligen Corporation, Avantor Performance Materials Inc, Merck KGaA, Bio-Rad Laboratories Inc, Pall Corporation, Mitsubishi Chemical Corporation, GE Healthcare, R. Grace & Co, and Purolite Corporation.

    Chromatography Resin Market Drivers

    Market Growth Projections

    The Global Global Chromatography Resin Market Industry is poised for substantial growth, with projections indicating a market size of 15.6 USD Billion in 2024 and an anticipated increase to 32.5 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 6.9% from 2025 to 2035. The expansion is driven by various factors, including the rising demand for biopharmaceuticals, technological advancements, and increased focus on quality control. As industries continue to innovate and adapt to changing market dynamics, the chromatography resin market is likely to experience robust growth, reflecting its critical role in diverse applications.

    Growing Environmental Concerns

    Environmental sustainability is becoming an essential consideration in the Global Global Chromatography Resin Market Industry. As industries face increasing pressure to adopt eco-friendly practices, the demand for sustainable chromatography solutions rises. Manufacturers are developing resins that minimize environmental impact, such as those derived from renewable resources or designed for easier disposal. This shift towards greener alternatives not only aligns with global sustainability goals but also attracts environmentally conscious consumers. As a result, the market is likely to evolve, with a growing segment dedicated to sustainable chromatography resins, reflecting the industry's commitment to addressing environmental challenges.

    Increasing Focus on Quality Control

    Quality control remains a pivotal driver in the Global Global Chromatography Resin Market Industry, particularly in sectors such as pharmaceuticals and food safety. Regulatory agencies impose stringent guidelines that necessitate the use of high-quality chromatography resins to ensure product safety and efficacy. The demand for reliable and reproducible results in analytical testing propels the adoption of advanced chromatography techniques. Consequently, manufacturers are investing in high-performance resins that meet regulatory standards. This focus on quality not only enhances consumer trust but also contributes to the overall growth of the market, as companies strive to maintain compliance with evolving regulations.

    Rising Demand for Biopharmaceuticals

    The Global Global Chromatography Resin Market Industry experiences a notable surge in demand driven by the biopharmaceutical sector. As the industry expands, the need for effective purification and separation techniques becomes paramount. Chromatography resins play a crucial role in the production of monoclonal antibodies and other biologics. In 2024, the market is projected to reach 15.6 USD Billion, reflecting the increasing reliance on these resins for high-purity applications. This trend is expected to continue, with the market potentially reaching 32.5 USD Billion by 2035, indicating a robust growth trajectory fueled by advancements in biopharmaceutical manufacturing processes.

    Technological Advancements in Chromatography

    Technological innovations significantly influence the Global Global Chromatography Resin Market Industry, enhancing the efficiency and effectiveness of chromatography processes. The introduction of novel resin materials and improved separation techniques allows for better resolution and faster analysis times. For instance, advancements in high-performance liquid chromatography (HPLC) and affinity chromatography are reshaping the landscape. These innovations not only improve productivity but also reduce operational costs for laboratories and manufacturing facilities. As a result, the market is likely to witness a compound annual growth rate (CAGR) of 6.9% from 2025 to 2035, reflecting the ongoing integration of cutting-edge technologies in chromatography.

    Expansion of Research and Development Activities

    The Global Global Chromatography Resin Market Industry benefits from the expansion of research and development (R&D) activities across various sectors. Increased funding for scientific research, particularly in life sciences and environmental studies, drives the demand for chromatography resins. Academic institutions and research organizations are increasingly utilizing these resins for analytical purposes, leading to a rise in their consumption. This trend is likely to bolster the market, as R&D initiatives continue to explore new applications and methodologies. The growing emphasis on innovation in research is expected to sustain the market's growth trajectory, aligning with the projected figures for the coming years.

    Key Companies in the Chromatography Resin Market market include

    Industry Developments

    • Q2 2024: Cytiva opens new chromatography resin manufacturing facility in Uppsala, Sweden Cytiva inaugurated a new state-of-the-art facility in Uppsala to expand its production capacity for chromatography resins, aiming to meet growing global demand from the biopharmaceutical sector.
    • Q2 2024: Bio-Rad Laboratories launches new mixed-mode chromatography resin for bioprocessing Bio-Rad announced the commercial launch of a novel mixed-mode chromatography resin designed to improve purification efficiency for monoclonal antibodies and other biologics.
    • Q3 2024: Thermo Fisher Scientific expands chromatography resin portfolio with new affinity resin Thermo Fisher introduced a new affinity chromatography resin targeting the purification of next-generation biologics, enhancing its offering for pharmaceutical manufacturers.
    • Q3 2024: Purolite announces partnership with major Asian biopharma for custom resin supply Purolite entered a multi-year supply agreement with a leading Asian biopharmaceutical company to provide custom chromatography resins for large-scale therapeutic protein production.
    • Q4 2024: Repligen acquires chromatography resin technology from private biotech firm Repligen completed the acquisition of proprietary chromatography resin technology, strengthening its position in the downstream bioprocessing market.
    • Q1 2025: Merck KGaA opens new chromatography resin R&D center in Darmstadt, Germany Merck inaugurated a dedicated research and development center focused on advancing chromatography resin technologies for pharmaceutical and biotech applications.
    • Q1 2025: Tosoh Corporation launches high-capacity ion exchange resin for vaccine purification Tosoh introduced a new ion exchange chromatography resin specifically engineered for high-throughput vaccine purification processes.
    • Q2 2025: Agilent Technologies announces strategic partnership with European CDMO for resin supply Agilent entered a strategic partnership to supply chromatography resins to a major European contract development and manufacturing organization (CDMO) supporting biologics production.
    • Q2 2025: Bio-Rad Laboratories appoints new VP of Chromatography Business Unit Bio-Rad named a new Vice President to lead its Chromatography Business Unit, signaling a renewed focus on innovation and global expansion in resin technologies.
    • Q3 2025: Thermo Fisher Scientific secures multi-year contract to supply chromatography resins to top-10 pharma company Thermo Fisher signed a multi-year supply agreement with a leading global pharmaceutical company for chromatography resins used in large-scale biologics manufacturing.
    • Q3 2025: Cytiva launches sustainable chromatography resin line with reduced environmental footprint Cytiva introduced a new line of chromatography resins manufactured using sustainable processes and materials, targeting environmentally conscious bioprocessing customers.
    • Q4 2025: Repligen announces $100 million investment in US chromatography resin manufacturing expansion Repligen revealed plans to invest $100 million to expand its US-based chromatography resin manufacturing capacity, aiming to address supply chain resilience and rising demand.

    Future Outlook

    Chromatography Resin Market Future Outlook

    The Global Chromatography Resin Market is projected to grow at a 6.9% CAGR from 2024 to 2035, driven by advancements in biopharmaceuticals, increasing demand for purification processes, and technological innovations.

    New opportunities lie in:

    • Develop eco-friendly chromatography resins to meet sustainability goals.
    • Invest in automation technologies for enhanced production efficiency.
    • Expand product lines to cater to emerging markets in Asia-Pacific.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving industry needs and technological advancements.

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD  14594.77 Million
    Market Size 2024 USD 15601.81 Million
    Market Size 2032 USD 26607.04 Million
    Compound Annual Growth Rate (CAGR) 6.90% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Application, End-Use Industry
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Tosoh Corporation (Japan), Thermo Fisher Scientific Inc (US), Repligen Corporation (US), Avantor Performance Materials Inc (US), Merck KGaA (Germany), Bio-Rad Laboratories Inc (US), Pall Corporation (US), Mitsubishi Chemical Corporation (Japan), GE Healthcare (US), R.Grace & Co (US) and Purolite Corporation (US).
    Key Market Opportunities Use of chromatography techniques in pharmaceuticals & biotechnology industry
    Key Market Dynamics Increasing demand for biosimilars

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    What growth rate global chromatography resin Market would register in the future?

    The global chromatography resin market would register a growth of 6.90%.

    Which industry will play a crucial role in taking the chromatography resin market ahead?

    Pharmaceutical and biotechnology industry, will play a crucial role in taking the Chromatography resin market ahead.

    What is the key restraining factor for the global chromatography resin market?

    High cost of affinity resins, is the key restraining factor for the global chromatography resin  market.

    Which region holds the largest share in the global chromatography resin market?

    North America holds the largest share in the global chromatography resin market, followed by Europe and the Asia Pacific, respectively.

    What are the important market drivers for the increase in the Chromatography Resin Market Revenue across the globe?

    The rising demands for chromatography tests, increasing research and development projects in the pharmaceutical sector, and rise in drug approvals are the important market drivers for the increase in the global Chromatography Resin Market Revenue.

    Chromatography Resin Market Research Report—Global Forecast till 2032 Infographic
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