Protein A Resins Market will Expand by 2.3x through 2031; Natural Protein A Resins will Account for Over 3/5th of Sales: FMI

Researches conducted on monoclonal antibodies and development of biosimilar drugs will drive the demand for protein A resins. Need for advanced and accurate biosimilars to reduce the risk of cancer across the globe is encouraging research on monoclonal antibodies. Researches conducted on monoclonal antibodies and development of biosimilar drugs will drive the demand for protein A resins. Need for advanced and accurate biosimilars to reduce the risk of cancer across the globe is encouraging...

Researches conducted on monoclonal antibodies and development of biosimilar drugs will drive the demand for protein A resins. Need for advanced and accurate biosimilars to reduce the risk of cancer across the globe is encouraging research on monoclonal antibodies.

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As per FMI, demand for protein A resins is increasing in contract manufacturing organizations (CMO). Favorable research initiatives and funding in CMOs for the manufacturing of monoclonal antibodies will provide impetus to the growth in the market.

The outbreak of COVID-19 accelerated the sales of protein A resins as development of monoclonal antibodies for the treatment of virus increased. Apart from this, demand for natural protein A resins in the purification of monoclonal antibodies burgeoned during the FQ-20.

As natural protein A resins help in minimizing ligand leaching and provide stability to traditional protein A resins, key players are increasing the adoption to for advanced research purposes. On the back of this, demand for natural protein A resins is expected to surge in biopharmaceutical manufacturing companies over the forecast period.

As per FMI, sales of protein A resins for antibody purification will account for maximum share during the forecast period. Rising cases of cancer and other chronic diseases have increased the need for developing monoclonal antibodies for therapeutic uses.

Hence, biopharmaceutical manufacturing companies are actively seeking strategic partnerships and mergers with other key players to launch new products, therapeutic drugs, and gain competitive edge in the industry.

"Steered by increasing demand for biosimilar and monoclonal antibodies for therapeutic use, biopharmaceutical manufacturing companies are increasing investments in research and development activities to push biologics production. This is expected to create lucrative growth opportunities for market players," says an FMI analyst.

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Competitive Landscape

Key players are collaborating with end users and other regional players to strengthen their global presence. Some of the market players are focusing on product launches to capitalize on growing demand for monoclonal antibodies from biopharmaceutical companies. For instance:

Leading players operating in protein A resins market profiled by FMI include:

More Insights on FMI's Protein A Resins Market

The latest market study on the protein A resins market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to offer a better perspective of the global protein A resins market, its growth trajectory, trends, and opportunities, the market is segmented on the basis of:

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Key Questions Covered in Protein A Resins Market Report 

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