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Strategic Assessment of the U.S. Chromatography Resin Market: Market Size, Share, and Growth Projections

The U.S. chromatography resin market size was estimated at USD 756.3 million in 2023 and is anticipated to grow at a CAGR of 7.0% from 2024 to 2030. The increasing need for chromatography techniques across various sectors such as healthcare, chemicals, food & beverages is fueling market growth. The industry's substantial investments in research and development have led to the creation of numerous products, resulting in enhanced productivity compared to traditional products.

The natural type dominated the market with a revenue share. The growth is attributed to its widespread application in size exclusion chromatography and paper chromatography across various industries. The growth of the pharmaceutical and biomedical sectors, spurred by increased healthcare spending and rising demand from the food and beverage industry, are primary factors propelling the natural resin market. The synthetic segment also captured a substantial market share. This growth can be attributed to its extensive substitution of natural resin to enhance production levels. The industry is anticipated to transform with the recent advancements in synthetic resin manufacturing, which are predicted to significantly increase the market share of the synthetic resin segment in the forthcoming years.

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The pharmaceutical & biotechnology end-use dominated the market. This growth is due to the extensive use of resin in pharmaceutical procedures for the production of highly pure materials in bulk and for the inspection of these purified substances for impurities. The food and beverage sector also experienced considerable growth. This growth is attributed to the growing public consciousness about food product quality and safety, which is prompting food producers to strictly adhere to the guidelines set by food regulatory bodies.

The Ion exchange technique dominated the market with a revenue share. The growth in Contract Research Organizations (CRO) and Contract Manufacturing Organizations (CMO) is projected to stimulate the chromatography resin market, particularly the demand for ion exchange chromatography resin. The affinity segment also held a considerable market share. The biotechnology industry's demand for chromatography resin is primarily met by affinity resin. The increasing use of monoclonal antibodies in treatments is anticipated to fuel the affinity resin market.

List of major companies in the U.S. Chromatography Resin Market

  • Bio-Rad Laboratories, Inc.
  • GE Healthcare
  • W. R. Grace & Co.
  • Danaher Corporation
  • THERMO FISHER SCIENTIFIC INC.
  • Purolite Corporation
  • PerkinElmer Inc.
  • Agilent Technologies
  • Pall Corporation

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We have segmented the U.S. chromatography resins market based on type, end-use, and technique.

  • Type Outlook
    • Natural
    • Synthetic
    • Inorganic Media
  • End-use Outlook
    • Pharmaceutical & Biotechnology
    • Food & Beverage
    • Others
  • Technique Outlook
    • Ion Exchange
    • Affinity
    • Hydrophobic Interaction
    • Size Exclusion
    • Others

Research Methodology

We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

 

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