The global Chromatography Resins market size is expected to be worth around US$ 3.4 billion by 2027, according to a new report by Vision Research Reports.
The global Chromatography Resins market size was valued at US$ 1.8 billion in 2019 and is anticipated to grow at a CAGR of 7.7% during forecast period 2020 to 2027.
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Growth Factors
Growth in the market can be attributed to the mounting demand for the product from pharmaceutical sector, for drug discovery, with the development of novel resins, which have better productivity in comparison to conventional resins. Chromatography technique played a critical role in saving millions of lives around the world since the outbreak of the deadly Ebola virus in 2015, which claimed over 10,000 lives in West Africa. Chromatography proved to be extremely useful in determining more effective antibodies in neutralizing the Ebola virus.
The growth in the market can be attributed to increasing demand for therapeutic antibodies for the treatment of patients. In addition, expanding end-use applications due to continuous innovation are expected to propel market growth in the near future.
Report Highlights
Key Players
Market Segmentation
Chromatography Resins Product Outlook
Chromatography Resins Technique Outlook
Chromatography Resins End-use Outlook
Chromatography Resins Regional Outlook
The study objectives of this report are:
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