Ion Exchange Chromatography Resin Market Demands Industry trends manufacturers analysis report 2017-2022

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Ion exchange chromatography resin market is expected to display an overpowering growth at a rising CAGR in forthcoming period due to intensive R and D efforts. Chromatography is a process to separate mixtures of colored compounds into individual components and resins are an important component of the process. The growth in Ion Exchange Chromatography Resin Market is accentuated by growing instances of critical diseases world-wide, rising technological prowess and significance of resins in drug approvals.
It is the rising pharmaceutical and medical markets that are natural growth markets for Ion exchange chromatography resin market. The pharmaceutical and biotechnology segment accounted for the largest market share in 2015 owing to increasing number of monoclonal antibodies in therapeutic area such as oncology, TB and autoimmune disease. Rising number of CMO’s and CRO’s related to pharmaceutical industries is proving growth in chromatography resins sales market.
A thorough shortage of skilled personnel and high cost of chromatography systems are limiting growth of ion-exchange chromatography resins sales market in developing countries. Ion exchange purification method is used with other techniques in biopharmaceutical purification process and is commercially viable option in contrast to protein as resins. That being the reason for growth of Ion exchange chromatography resin market and ion exchange resins in the past.
US is a key market leader in US Ion exchange chromatography resin market followed by Canada. Here too strong growth in monoclonal antibodies therapeutics market are the market drivers for Chromatography Resins market. The segmentation of Ion exchange chromatography resin market by type includes natural polymer, synthetic polymer and inorganic media. By technique, segmentation includes ion exchange, affinity, hydrophobic interaction, size exclusion, multi modal and others.
The key industrial players in the Ion exchange chromatography resin market include :
·         Bio-Rad Laboratories
·         GE Healthcare
·         Merck KgA
·         Thermo Fisher Scientific Inc.
·         Tosoh Corporation
By application, ion exchange chromatography includes pharmaceutical and Biotechnology, Food and beverage, water and environmental analysis and others. By geographical region, segmentation includes North America, Europe, Asia pacific, MEA and Latin America. North America is the fastest growing market in regions followed by Canada. Strong growth in monoclonal antibody therapeutics market of the region drives demand for chromatography resins. The uses of modern chromatography techniques extend to food analytics and other purposes in US and Canada.

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