The size of the Europe Chromatography Resin Market is forecasted to value USD 0.91 billion by 2026 from USD 0.64 billion in 2021, registering a CAGR of 7.2% from 2021 to 2026.
DRIVERS
The pharmaceutical industry holds the largest market share for the chromatographic resins market, so the worldwide fluctuations in the pharmaceutical industry directly affect the demand for chromatographic resins.
In this industry, chromatographic resins have a wide variety of applications that includes chemical separation of biomolecules, drug delivery, protein purification and diagnostics, etc. With the growing number of diseases, such as AIDS, cancer research, and the discovery of new viruses and bacteria, industries have called for the development of new molecular entities and increased their spending on drug R&D. With the increase of serious diseases around the world, monoclonal antibody therapy is rapidly gaining in importance, which directly uses the use of chromatographic resins. These will help drive the market for forecasted period.
RESTRAINTS
The demand for ion exchange chromatography resins is expected to increase as it is a cost effective option and complies with stringent food processing regulations. Factors such as high cost compared with other separation techniques due to the high cost of raw materials and transportation is expected to be a challenge for the chromatographic resins market.
OPPORTUNITIES
Food items like sugar, sugar alcohols, high fructose corn syrup, sweeteners, food additives and nutritional products are the main requirements that need to meet the strict purity challenges. To comply with these strict regulations, food manufacturers use chromatography resin techniques.
Strong demand for affinity chromatography resin due to its increasing applications in pharmaceutical companies is expected to drive growth in the near future. In addition, the intensive use by the biotechnology industry of monoclonal antibodies for therapeutic purposes is expected to continue to give opportunities for market growth
CHALLENGES
In addition, the need for highly skilled professionals to operate these processes is expected to challenge the development of the market in the near future.
This research report on the Europe Chromatography Resin Market has been segmented and sub-segmented into the following categories:
By Type:
By Technique:
By Application:
By Country:
REGIONAL ANALYSIS
Geographically, the Europe Chromatography Resin Market was the second largest market share due to increased healthcare spending. In 2019, Germany had the highest market share, accounting for around 25% of the European market. The German chromatography resin market is strongly driven by the pharmaceutical industry. In Europe, the German pharmaceutical industry is the largest and the fourth in the world. Domestic demand decreased in the country, however, exports of pharmaceutical products increased significantly. The demand for chromatographic resins from the pharmaceutical industry will be moderate, due to a decrease in domestic demand. However, exports are likely to contribute to the demand for these chromatography resins in the region.
Germany Chromatography Resin Market, being a country with important industries in the region, requires a water and environmental analysis to know the impact of industrial pollution. This analysis helps provide clean water for various purposes and a healthy environment for living. These practices and analyzes are expected to increase as the nation moves towards a cleaner, greener and healthier life. Analysis requires chromatographic resins for study. This is expected to increase the chromatographic resins market.
The UK chromatography resin market is one of the fastest-growing regional markets globally and is expected to register a healthy growth rate during the forecast period. BioToolomics Ltd, a UK-based biotech company, launched a novel and highly efficient disposable chromatography column technology, and this provides 40% to 100% in separation efficiency.
The France chromatography resin market is predicted to showcase a notable growth rate during the forecast period due to the increasing demand for drug discovery to fight against diseases such as Zika and Ebola viruses, which helps accumulate the chromatography resin market growth in Europe.
Therefore, all factors in turn are expected to drive the demand for chromatographic resins in the region during the forecast period.
KEY MARKET PLAYERS:
Bio-Rad Laboratories Inc., GE Healthcare, Tosoh Corporation, Merck KGaA, Pall Corporation, Avantor Performance Materials Inc., Mitsubishi Chemical Corporation, Purolite Corporation, Repligen Corporation, and Thermo Fisher Scientific Inc. are a few of the promising companies in the European chromatography resins market.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemiology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Technique
5.1.1 Introduction
5.1.2 Affinity
5.1.2.1 Bio-Specific Ligand-Based Affinity Chromatography
5.1.2.1.1 Protein A Affinity
5.1.2.1.2 Protein G Affinity
5.1.2.1.3 Protein l Affinity
5.1.2.1.4 Lectin L Affinity
5.1.2.1.5 Others
5.1.2.2 Pseudo Bio-Specific Ligand-Based Affinity Chromatography
5.1.2.2.1 Imac
5.1.2.2.2 Dye Ligands-Based
5.1.2.2.3 Others
5.1.3 Hydrophobic Interaction
5.1.4 Ion Exchange
5.1.4.1 Cation Exchange Chromatography
5.1.4.2 Anion Exchange Chromatography
5.1.5 Multi-modal
5.1.6 Size Exclusion
5.1.7 Others
5.1.7.1 Partition Chromatography
5.1.7.2 Adsorption Chromatography
5.1.8 Y-o-Y Growth Analysis, By Technique
5.1.9 Market Attractiveness Analysis, By Technique
5.1.10 Market Share Analysis, By Technique
5.2 Type
5.2.1 Introduction
5.2.2 Natural Polymer
5.2.3 Inorganic Media
5.2.4 Synthetic Polymer
5.2.5 Y-o-Y Growth Analysis, By Type
5.2.6 Market Attractiveness Analysis, By Type
5.2.7 Market Share Analysis, By Type
5.3 Application
5.3.1 Introduction
5.3.2 Food & Beverage
5.3.3 Pharmaceutical & Biotechnology
5.3.3.1 Production
5.3.3.2 Academics & Research
5.3.4 Water & Environmental Analysis
5.3.5 Disease Risk Assessment
5.3.6 Others
5.3.7 Y-o-Y Growth Analysis, By Application
5.3.8 Market Attractiveness Analysis, By Application
5.3.9 Market Share Analysis, By Application
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Technique
6.1.3.3 By Type
6.1.3.4 By Application
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Technique
6.1.4.3 By Type
6.1.4.4 By Application
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Technique
6.1.5.3 By Type
6.1.5.4 By Application
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
6.7 Rest of Europe
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Thermo Fisher Scientific Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 GE Healthcare
8.3 Avantor Performance Materials, Inc.
8.4 Bio-Rad Laboratories, Inc.
8.5 Mitsubishi Chemical Corporation
8.6 Purolite Corporation
8.7 Merck KGaA
8.8 Pall Corporation
8.9 Repligen Corporation
8.10 Tosoh Corporation
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, Collaborations, and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
