The global mixed mode chromatography resin market size is expected to reach USD 130.3 million by 2025, according
to a new report by Grand View Research, Inc., exhibiting a 7.1% CAGR during the
forecast period. Growing number of contract manufacturing organizations (CMOs)
and contract research organizations (CROs), along with increasing use of
chromatography resin in separation of monoclonal antibodies, is anticipated to
propel the market.
The Ion exchange -
Hydrophobic resin segment is expected to dominate the global market till 2025.
Demand for this technique is attributed to growth in drug discovery by pharmaceutical
companies. These companies use chromatography techniques to separate complex
mixtures and purification of materials. Increasing number of epidemic diseases
such as Zika and Ebola is expected to further boost the mixed mode
chromatography resin market.
Asia Pacific, especially
China and India, is expected to generate significant demand for mixed mode
chromatography resin owing to growing pharmaceutical sector, coupled with
abundance of high skilled workforce and increase in disposable income.
Presence of global
pharmaceutical and biotechnology companies, along with their research and
development facilities, has enabled North America to be a key market for mixed
mode chromatography resin. Massive healthcare expenditure is also driving the
expansion of the market in this region.
Access Research Report
of Mixed Mode Chromatography Resin Market @ https://www.grandviewresearch.com/industry-analysis/mixed-mode-chromatography-resin-market
Further key findings from the report suggest
· The market is projected to exhibit a CAGR
of 7.1% from 2018 to 2025 on account of budding pharmaceutical and
biotechnology sector
· Ion exchange - Hydrophobic Resin will
witness the fastest growth in terms of revenue at a CAGR of 7.6% from 2018 to
2025
· Asia Pacific is expected to grow at a
significant pace and was valued at USD 22.4 million in 2017 on account of
increasing number of pharmaceutical companies and rising expenditure in
healthcare
· Key players in the market include Merck
KGaA, Purolite Corp, Danaher Corp, W.R Grace, GE Healthcare Lifesciences, and
Bio-Rad Labs
· In November 2015, Sigma-Aldrich was
acquired by Merck KGaA, allowing the company to foray into the chromatography
market.
Grand View Research has
segmented the global mixed mode chromatography resin market on the basis of
technique, end use, and region:
Mixed Mode Chromatography Resin Technique Outlook
(Volume, Thousand Liters; Revenue, USD Million, 2014 - 2025)
·
Ion exchange - Hydrophobic
·
Hydroxyapatite
·
Others
Mixed Mode Chromatography Resin End-use Outlook (Volume,
Thousand Liters; Revenue, USD Million, 2014 - 2025)
·
Pharmaceutical & Biotechnology
Mixed Mode Chromatography Resin Regional Outlook (Volume,
Thousand Liters; Revenue, USD Million, 2014 - 2025)
·
North America
o
U.S.
·
Europe
o
U.K.
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
o
South Korea
About Grand View Research
Grand View Research, Inc. is a
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. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
