Chromatography Resin Market - Expected to Reach $2.8 Billion by 2025
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The global chromatography resin market is expected to reach USD 2.86 billion by 2025. Growing number of CRO (Contract Research Organization) and CMO (Contract Manufacturing Organization), and use of chromatography in food quality and safety testing is further propelling the market growth.
The growing pharmaceutical sector in the Asia Pacific region especially in
China and India, owing to abundance of high skill workforce and increase in disposable income are some of the factors positively influencing the market. In addition, the guidelines issued by food regulatory authorities for safety and quality of food and beverages products is expected to have a positive impact on the industry.
The growth in demand from Food and Beverages (F&B) sector is due to increase in awareness among public towards the quality and safety of the food products is encouraging the food manufacturers to do strict food checks of their product, which in turn giving boost to use of chromatography resin in F&B sector.
The ion exchange resin and size exclusion resin segment are expected to collectively account for 60% of the global market share in 2025. The demand for these products is attributed to increase in drug discovery process by pharmaceutical companies which require chromatography technique to separate complex mixtures and purification of materials. In addition, use of chromatography in water treatment is projected to boost the demand for the chromatography resin products over the forecast period.
North America was leading the market due to presence of most of the global pharmaceutical companies in the region. Huge healthcare expenditure coupled with growing regulation by food safety authorities such as Food and Drug Administration (FDA) is leading the expansion of the market in this region.
Further key findings from the report suggest
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Chromatography Resin Market Variables, Trends & Scope
Chapter 4 Chromatography Resin: Type Estimates & Trend Analysis
Chapter 5 Chromatography Resin: Technique Estimates & Trend Analysis
Chapter 6 Chromatography Resin: End use Estimates & Trend Analysis
Chapter 7 Chromatography Resin: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/hhg5lr/chromatography
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