Chromatography Resins Market - North America Has the Largest Growth Followed by Europe
Persistence Market Research Pvt. Ltd is released new forthcoming report on title "Chromatography Resins Market: Global Industry Analysis and Forecast 2014 - 2020".
New York, NY -- (SBWire) -- 08/28/2015 --Chromatography resins are used in the purification and separation of proteins and other bio-molecules in biotechnology, pharmaceutical, food manufacturing, and environmental analysis.Chromatography resins are of three types: Synthetic, natural and inorganic media. Natural polymers include agarose, cellulose and dextran, among others, while synthetic resins include ion exchange resins. The natural and synthetic typesare the more preferred chromatography resins as compared to inorganic media. Chromatography resins are used in affinity, mixed-mode, ion-exchange,hydrophobic interaction and size exclusion techniques.In terms of revenues,Protein A resins accounted for the highest share of the market.In technology terms, ion-exchange chromatography witnessed the highest consumption in the past few years. On the other hand, affinity chromatography resins held the key share by revenue largely due to the higher selling costs associated with affinity resins
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The main driver for the chromatography resins is huge demand for monoclonal antibodies.There has been a huge demand for monoclonal bodies owing to a growing number of critical diseases resulting in these types of therapeutics to swiftly gain significance. Food analytics is also one of the major drivers for the chromatography resins market. Chromatography resins are used in nutraceuticals and nutritional chemistry. Chromatography resins are used to detect food additives (adulteration) which has been major issue in the food industry. Biotechnology & pharmaceuticals are the leading end-users for chromatography resins and are likely to gain more importance in the near future.Chromatography resins are also used in industrial applications such as water treatment and environmental analysis. Some of the academic uses of chromatography resins are in genetic engineering and drug recovery which can provide various opportunities for the chromatography resins market. In spite of numerous applications, regulations associated with these applications can act as a major restraint for the chromatography resins market in the coming years.
In terms of demand, North America was the leading region for the chromatography resins market. The demand in this region was mainly driven by biotechnology and pharmaceutical applications. The U.S. exhibited a major demand for chromatography resins and this region's increasing health expense trends have been indirectly driving the market for chromatography resins.Europe was the other leading market for chromatography resins in the past few years and is expected to show good growth numbers over the near future. Pharmaceuticals and food analytics were the major applications for the chromatography resins in this region. The major European countries such as Germany, UK, France and Italy were the major consumers of chromatography resins in the past decade. There is currently a huge demand for chromatography resins in Asia Pacific, particularly from China, South Korea and India due to the growing pharmaceutical industry in these countries.Additionally, the emergence of CMOs and CROs is further driving the chromatography resins market in the Asia Pacific region. The Rest of the World is likely to exhibit stable demand for chromatography resins market over the forecast period. South America and The Middle East region are anticipated to be the potential markets for chromatography resins.
Some of the key players in the chromatography resins market are Bio-Rad Laboratories Inc., GE Healthcare Life Sciences, Tosoh Corporation, Merck KGaA, Life Technologies Corporation, Repligen Corporation, and Pall Corporation among others.Lower prices with higher productivity and new innovative products had been the key strategies for the manufacturers to gain the competitive advantage in the market. Life Technologies is expected to unveil 'POROS' chromatography resins in Biopharmaceutical Development & Production Week Conference (BPD) to be held in California. Puro lite International Ltd. announced its plans to develop bio-separation chromatography resins based on the agarose media. The new product line is likely to meet growing demand of the biomolecules market.
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Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
5) The report also provides porters five forces analysis of the market.
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