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Chromatography Resin - Global Markets to 2025 featuring Merck, Bio-Rad Labs, Thermo Fisher Scientific, GE Healthcare, Purolite Corp, and many more | ||
By: PR Newswire Association LLC. - 16 Nov 2018 | Back to overview list |
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DUBLIN, Nov. 15, 2018 /PRNewswire/ -- The "Chromatography Resin Market Size, Share & Trends Analysis Report By Type, By Technique (Ion Exchange, Affinity), By End-use (Pharmaceutical & Biotech, F&B), By Region, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering. The global chromatography resin market size is expected to reach USD 2.86 billion by 2025. It is anticipated to expand at a CAGR of 6.5% over the forecast period. Growing number of Contract Research Organizations (CRO) and Contract Manufacturing Organizations (CMO) and use of chromatography in food quality and safety testing is propelling the market. Flourishing pharmaceutical sector in Asia Pacific, especially in China and India, owing to abundance of high-skilled workforce and increasing disposable income are some of the factors positively influencing the market. In addition, guidelines issued by food regulatory authorities for safety and quality of food and beverages are expected to further fuel market expansion. Rising demand from The food and beverages (F&B) sector due to high awareness among public regarding quality and safety of food products is pushing food manufacturers to do strict food checks of their products. This, in turn, is anticipated to boost adoption of chromatography resin in F&B sector. The ion exchange resin and size exclusion resin segments are expected to collectively account for 60% of the global market by 2025. Demand for these products is attributed to rise in drug discovery processes requiring chromatography technique to separate complex mixtures and to purify materials. In addition, use of chromatography in water treatment is projected to boost product demand over the forecast period. North America was leading the market due to presence of several global pharmaceutical giants. Huge healthcare expenditure coupled with stringent food safety regulations set by authorities such as the U.S. Food and Drug Administration (FDA) is expected to propel the regional market. Key Findings
Key Topics Covered Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/chromatography-resin---global-markets-to-2025-featuring-merck-bio-rad-labs-thermo-fisher-scientific-ge-healthcare-purolite-corp-and-many-more-300751361.html SOURCE Research and Markets |
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Copyright 2018 PR Newswire Association LLC. | Back to overview list |