The chromatography resin market is estimated to grow to USD 3.8 billion by 2027 from USD 2.6 billion in 2022, at a CAGR of 8.0%. Growing pharmaceuticals & biopharmaceutical R&D activities is expected to support the growth of the chromatography resin market. However, lack of adequate skilled professionals is restraining the growth of the market. On the other hand, increasing demand for disposable pre-packed columns has created opportunities for manufacturers.
Bio-Rad Laboratories Inc. (US), Merck KGaA (Germany), Danaher Corporation (US), Tosoh Corporation (Japan), Bio-Works Technologies AB (Sweden), Avantor Performance Materials, Inc. (US), Mitsubishi Chemical Corporation (Japan), among others are the major players in this market.
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Bio-Rad Laboratories, Inc. is a multinational manufacturer and worldwide distributor of life science research and clinical diagnostics products. Bio-Rad operates their business through three reportable segments, namely, life science, clinical diagnostics, and others. Both clinical diagnostics and life science operate worldwide. The company offers chromatography resins through the life science segment. The company has direct distribution channels in over 35 countries outside the US through subsidiaries whose focus is sales, customer service and product distribution. Sales efforts are supplemented by distributors and agents in some locations outside and inside these 35 countries such as North America, South America, Latin America, Europe, and Asia Pacific.
The Danaher Corporation is an US-based globally diversified conglomerate, which designs, manufactures, and markets professional, medical, industrial, and commercial products and services. Danaher Corporation operates their business through three reportable segments, namely, life sciences, diagnostics, and environmental & applied solutions. Danaher is offering chromatography resins through its acquired standalone company named, Cytiva. The company operate in 40 countries and territories covering Europe, Asia, North and Latin America, and the Middle East.
Chromatography Resin Market by Type, Technique (Ion Exchange, Affinity, Hydrophobic Interaction, Size Exclusion, Mixed Mode), Application (Pharmaceutical & Biotechnology, Food & Beverage) and Region - Global Forecasts to 2027
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