Industries > Chemicals > Mixed Mode Chromatography Resin Market Report 2020-2030
Mixed Mode Chromatography Resin Market Report 2020-2030
A Global Mixed Mode Chromatography Resin Market Estimate and Forecast – Industry Insights for Consumption, Demand, Production, Price Trend, Competitive Intelligence and Opportunity Analysis Along the Value Chain
The global mixed mode chromatography market was valued at $81.2 million in 2018. The growth of the market is due to the increasing expenditure on healthcare along with extensive utilization of mixed mode resin used in treatment for therapeutic drug treatment. Moreover, improved understanding pertaining to interactions of multimode along with introduction of innovative mixed mode stationary phases is further fuelling the growth of global mixed mode chromatography resin market.
There are several advantages offered by mixed mode chromatography resins such as exclusive selectivity and salt-tolerant adsorption and also comprises of multimodal functionality ligands that combines hydrogen bonds, ionic interactions and hydrophobic interactions together. Mixed mode chromatography enables cleaning up complex sample matrices for the purposes detecting sensitive trace amounts of analyte and sensitive discernment. Furthermore, technological upgradations in biopharmaceutical and pharmaceutical domain refinement of impurities, counterions, drugs, proteins and peptides thereby creating ample opportunities for global mixed mode chromatography resin market to grow at significant rate.
Increasing demand pertaining to the advancement in development of drugs is the key factor driving the growth of global mixed mode chromatography resin market. The major manufacturers in pharmaceutical domain are undertaking technological advancements to tackle acute infections such as Ebola, Zika and H1N1. Mixed mode chromatography resin facilitates various enterprises to create and manufacture biological pharmacy apparatus in order to enhance social welfare of people. The enterprises are rapidly outsourcing several biopharmaceutical drugs along with various developmental activities. However, high cost associated with the set-up of this technique is hampering the growth of global mixed mode chromatography resin market.
Additionally, these resins are rapidly being adopted by pharmaceutical environmental science, chemical and biochemistry in order to enable efficient analysis of mixes available in advanced blends and cleaning purposes. Extensive number of contract research organizations and contract manufacturing organizations is other factor driving the growth of global mixed mode chromatography resin market at rapid pace. Furthermore, increasing expenditure incurred on healthcare globally and rapid utilization of chromatography resins for therapeutic drug manufacturing is thus pertaining to the growth of mixed mode chromatography resin market at rapid pace.
Mixed mode chromatography resin market forecast 2020 – 2030 estimates the historical market size in terms of consumption as well as revenue generated by the industry players across the globe. It offers the opportunity analysis along the value chain for the mixed mode chromatography resin manufacturers. Also, the report offers the vendor analysis along with price trend which provides an edge to the stakeholders especially manufacturers to create a better understanding of the market. Pharmaceutical and biotechnology industry players benefit from the product benchmarking and matrix helping them to take right decision in choosing the right product with optimum prices suited for their end use applications.
The reports provide the analysis based on technique and end use segment. On the basis of technique, the global mixed mode chromatography resin market is categorised into ion exchange-hydroxyapatite, hydrophobic, and others. Among the three segments, hydrophobic resin is anticipated to contribute largest revenue throughout the estimated period in the market. Hydrophobic resins comprise of water-resistant properties and are extensively being used in protecting coatings and primers from corrosions along with protecting sealants.
On the basis of end use, the global mixed mode chromatography resin market is categorised into pharmaceutical and biotechnology. Mixed mode chromatography resin market is witnessing rampant acceptance and growth in pharmaceutical domain owing to excessive demand for therapeutic antibodies that leads to treatment of patients. Shifting trend of traditional distillation and filtration techniques with chromatography resins is thus bolstering the growth of global mixed mode chromatography resin market at rapid pace.
Mixed mode chromatography market in North America is anticipated to contribute largest market revenue by 2030 owing to stringent government policies implemented in research and development activities. Increasing utilization of mixed mode chromatography resin in pharmaceutical domain is thereby uplifting the manufacturing process of drugs in the region and is thus uplifting the demand for global mixed mode chromatography resin market at rapid pace.
Mixed mode chromatography market in Asia-Pacific is anticipated to generate highest CAGR during the forecast period owing to increasing initiatives undertaken by government authorities in India and China to uplift the demand of pharmaceutical and biotechnology domain. Increasing disposable income of population in developing economies, availability of skilled and cheap labour along with increasing expenditure in healthcare is fuelling biotechnology domain in this region that is further propelling the growth of mixed mode chromatography resin market.
The report also offers the insights for the European, Latin American, and Middle East and African Market. A detail analysis of historic and forecast consumption data, revenue in the market and competitive analysis for major competitors in each region is also provided.
The eminent key players in the global mixed mode chromatography resin market are investing in launching new technologies to strengthen their market presence and thereby improving supply chain capability.
Some of the players having prominent presence in the global mixed mode chromatography resin market include Pall Corporation, GE Healthcare, Bio-Rad Laboratories, Inc., Merck KGaA, Avantor Performance Materials Inc., Puro-lite Corporation, Danaher Corporation, and Tosoh Corporation.
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CCR Ref number: KD4R6
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