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How Much Will The Chromatography Resins Market Be Worth By 2029?

The market for chromatography resins has experienced substantial growth in the past few years. The market size is projected to expand from $2.95 billion in 2024 to $3.15 billion in 2025, representing a compound annual growth rate (CAGR) of 6.8%. The reasons for this historical growth pattern include a rise in biopharmaceutical production, increased analytical and research applications, expansion in the pharmaceutical industry, a surge in academic and clinical research, and an overall growth in the pharmaceutical sector.

Expectations hold that the chromatography resins market will experience swift expansion in the coming years. Projections predict a market valuation of $4.72 billion by 2029 due to a compound annual growth rate (CAGR) of 10.6%. The impending growth can be credited to factors such as advancements in drug development, fields of precision medicine research, compliance with regulatory and quality standards, rising market growth, and the promotion of green chemistry initiatives. Future trends that are expected to make a considerable impact include the emergence of separation technologies, technological progress, tailor-made resin solutions, advancements in industrial and biotech innovations, and state-of-the-art chromatography methods.

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Which Factors Are Steering Growth In The Chromatography Resins Market?

The global surge in instances of cancer is anticipated to fuel the expansion of the chromatography resins market. Monoclonal antibodies, which are specialized cancer treatments, together with chromatography resins, crucial in the capture and purification of these antibodies and other biomolecules, are used in the fight against cancer. Therefore, as cancer rates rise, it is projected that the need for chromatography resins will increase correspondingly. For example, as of January 2022, the American Cancer Society estimated 1.9 million new cancer diagnoses and 609,360 cancer-related deaths in the United States, equating to nearly 1,670 deaths every day. Around the world, lung, prostate, colorectal, and female breast cancer account for 43% of all newly diagnosed cases of cancer. Therefore, the escalating incidence of cancer is expected to give rise to a greater demand for cancer treatments, which will in turn boost the demand for monoclonal antibodies and consequently spur the growth of the chromatography resins market.

What Are The Primary Segmentation Parameters In The Chromatography Resins Market?

The chromatography resinsmarket covered in this report is segmented –

1) By Product Type: Native, Synthetic

2) By Technology Type: Affinity Chromatography, Anion Exchange Chromatography, Cation Exchange Chromatography, Size Exclusion, Hydrophobic Interaction

3) By Application: Pharmaceutical And Biotechnology, Food And Beverage, Water And Environmental Analysis, Other Applications

Subsegments:

1) By Native: Natural Protein Resins, Natural Polysaccharide Resins

2) By Synthetic: Polymer-based Resins, Bead-based Resins, Monolithic Resins

Which Emerging Trends Are Reshaping The Chromatography Resins Market Landscape?

Leading entities in the chromatography resins market are innovating and introducing advanced technological solutions like protein A chromatography resins to enhance the specificity and efficiency of antibody purification. Protein A chromatography resin, a specialized resin, is utilized in affinity chromatography to purify antibodies, as this resin has high affinity for Protein A and binds with the Fc region of immunoglobulins, notably IgG. An example of this is Ecolab Inc., an American chemical entity that unveiled DurA Cycle in June 2024, a protein A chromatography resin designed for large-scale purification endeavors. This tailor-made DurA Cycle is meant for mass commercial production of monoclonal antibodies, a sector where it is crucial to monitor the cost of goods for biologic drug developers. This ingenious resin empowers biologic makers to amplify their production efficiencies, diminish expenses, and accelerate the launch of new treatments to the healthcare sector.

Which Companies Hold A Competitive Edge In The 47 Market?

Major companies operating in the chromatography resins market include Merck KGaA, Bio-Rad Laboratories Inc., GE Healthcare Life Sciences, Thermo Fisher Scientific Inc., Purolite Corporation, W. R. Grace and Company, Mitsubishi Chemical Corporation, Tosoh Corporation, Danaher Corporation, Repligen Corporation, Pall Corporation a Danaher operating company under the Cytiva brand, Cytiva a Danaher operating company, Bio-Works Technologies AB, Agilent Technologies Inc., Avantor Inc., Waters Corporation, Nouryon Holding B.V., ChromaTan Corporation, BIA Separations GmbH, KANEKA Corporation, Sepax Technologies Inc., YMC Co Ltd., Phenomenex Inc.

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Which Region Holds The Greatest Opportunity For Chromatography Resins Market Expansion?

North America was the largest region in the chromatography resins market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the chromatography resins market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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