Chromatography Resin Industry: Trends, Business Strategies and Opportunities 2025
The global Chromatography Resin Market size is expected to
reach USD 2.8 billion by 2025, expanding at a CAGR of 6.8% over the forecast
period, as per a new report by Grand View Research Inc. Rising replacement of
conventional separation techniques, such as filtration and distillation, with
chromatography is projected to drive the growth.
China, is expected to continue its dominance
over the forecast period, as it is the largest consumer of chromatography resin
in Asia Pacific. India has witnessed a massive acceleration in economic growth
in recent years owing to various financial initiatives and reforms such as Make
in India, encouraging domestic manufacturing. This factor is anticipated to
bode well for the regional product demand in the forthcoming years.
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Chromatography Resin |
Purolite Corp., a leading player in the
chromatography resin market, is focusing on developing new and enhanced resins,
which can further be used for continuous production. With a view to expand its
operations in Asia Pacific and to leverage the cost of operating in an emerging
economy, the company has set up a manufacturing facility in China and is
focusing on establishing its dominance in the country.
There have been developments in
chromatography tools, in terms of capacity and flow velocity that have led to
higher productivity. However, the market players have not been able to achieve
a continuous robust production. These tools are anticipated to undergo further
development and to achieve even higher productivity.
To
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Further key findings from the report suggest:
·
North America is
expected to remain a key region likely to drive the growth of chromatography
resin market. U.S. has been enjoying robust growth due to the strong government
spending in the research and development activities
·
The economic
performance of Asia Pacific is projected to witness improvement as major
economies, such as China and India are likely to ramp up investments in
chemical and pharmaceutical sectors
·
Demand for
natural resin is growing in several industries on account of its low cost and
high functionality, and is anticipated to continue its dominance in the
forthcoming years, propelling the market growth
·
Key market
players engage in mergers and acquisitions as one of the major growth
strategies. For instance, in March 2016, Thermo Fisher acquired Affymetrix to
expand its genetic analysis, bioscience, and diagnostic equipment product
portfolio
Grand View Research has segmented the global
chromatography resin market on the basis of type, technique, end use, and
regions:
Chromatography Resin Type Outlook (Volume,
Thousand Liters; Revenue, USD Million, 2014 - 2025)
·
Natural Polymer
·
Synthetic Polymer
·
Inorganic Media
Chromatography Resin Technique Outlook
(Volume, Thousand Liters; Revenue, USD Million, 2014 - 2025)
·
Size Exclusion
·
Ion Exchange
·
Affinity
·
Hydrophobic
Interaction
Chromatography Resin End Use Outlook (Volume,
Thousand Liters; Revenue, USD Million, 2014 - 2025)
·
Pharmaceutical
& Biotechnology
·
Food &
Beverages
About Grand
View Research:
Grand View Research is an India & U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. Grand
View Research database is used by the world's renowned academic institutions
and Fortune 500 compnies to understand the global and regional business
environment. Our database features thousands of statistics and in-depth
analysis on 46 industries in 25 major countries worldwide.
Contact:
Grand View Research, Inc.
201 Spear Street 1100,
San Francisco, CA 94105
United States
Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com 

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