North America Chromatography Resin Market Research Report- Segmented By Type, Technique, Application & Country (The United States, Canada & Rest of North America) - Industry Analysis on Size, Share, Trends, Growth, Forecast (2024 to 2029)

Updated On: January, 2024
ID: 5281
Pages: 145

North America Chromatography Resin Market Size (2023 to 2028):

The North America Chromatography Resin Market size is forecasted to grow to USD 1.15 billion by 2028 from USD 0.83 billion in 2023. This market is estimated to showcase a CAGR of 6.76% from 2023 to 2028.

Continuous research activities for upgrading drugs and biologics and the existence of much pharmaceutical and biotechnology, food, and beverage companies are enhancing the market growth in the region over the estimated period. In addition, the requirement for therapeutic antibodies is increasing because the number of patients will likely fuel the market's growth. Increasing separation usage in the food industry and growing pharmaceutical and biotechnology activities are important factors responsible for the growth in the market. Also, escalating conventional separation techniques like distillation and filtration with chromatography is booted to have rapid growth in the market.

The scarcity of experienced professionals is one factor restraining the chromatography resin market in the North America region. In addition, the existence of strict regulations associated with the manufacture and utilization of products is to impede the market. Alternative analytical techniques like electrophoresis, protein crystallization, and charged ultra-filtration membranes may restrict the market.

This research report on the North America Chromatography Resin Market has been segmented and sub-segmented into the following categories:

By Type:

  • Natural Polymer

  • Inorganic media

  • synthetic Polymer

By Technique:

  • Affinity

  • Hydrophobic Interaction

  • Ion Exchange

  • Size Exclusion

  • Multi-Modal

By Application:

  • Pharmaceutical & Biotechnology

  • Food & Beverage

  • Water & Environmental Analysis

  • Others

By Country:

  • The United States

  • Canada

  • Rest of North America

Regional Analysis:

North America had the largest share due to colossal healthcare expenditure and growing regulation by the Drug Administration (FDA). As a result, North America is leading the market with the largest share in the region globally. Furthermore, demand for the chromatography resin market is expected to mount owing to surging monoclonal antibody production fueling the region's market growth.

The US is about to rule the market in North America due to the growing number of severe diseases in the region and the high consumption of resins in the future. Rising antibody protection is in response to the ever-increasing number of critical diseases in the region. According to the American heart association, an estimated 116.4 million or 46% of US adults are predicted to have hypertension. Growing healthcare expenditure in the country is to escalate the market. Augmenting demand for the products in chromatography tests in drug approvals and utilizing liquid chromatography-mass spectrometry in research is projected to produce profitable growth opportunities in the region's market.

Canada is witnessed to have rapid growth in the region due to the market in chromatography resin has gained familiarity because of high accuracy and ease of use in the current years, and the growing adoption of separation technology in a complete number of applications like drug manufacturing and food processing is driving the chromatography resin market in North America region.

Promising Companies dominating the North America Chromatography Resin Market Profiled in the Report are 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.

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