CHROMATOGRAPHIC SILICA RESIN MARKET ANALYSIS

Chromatographic Silica Resin Market, By End Use (Pharmaceutical & Biotechnology, Food & Chemical), By Application (Analytical Chromatography, Process Chromatography, Preparative Chromatography, Gravity Chromatography), By Purity (Pure Silica (up to 97%), Ultrapure Silica (up to 99%)), By Mesh Size (30-60, 60-100, 100-200, Above 200), and By Region (North America, Asia Pacific, Europe, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

Published In : Jan 2020
Code : CMI3341
Pages :120
Formats :
Excel and PDF
Industry : Specialty and Fine Chemicals

Chromatographic Silica Resin MarketSize and Trends

Chromatographic Silica Resin Market 2017–2027

The global chromatographic silica resin market is estimated to account for US$ 120.1 million in terms of revenue by the end of 2027, growing at a CAGR of 4.1% during the forecast period (2019-2027)

Market Trends/Key Takeaways

Increasing number of acquisitions by companies in to increase their product portfolio. This is associated with the emerging application in the biopharmaceutical industry such as advanced lipid/ protein sample tests and analysis, research on prostate cancer carcinogens, etc. is expected to foster the market growth over the forecast period. For instance, In order to gain a competitive edge in the field of laboratory reagents and chemicals, in June 2015, Thermo Fischer Scientific acquired U.K. based chemicals and reagents company Alfa Aesar to leverage its product portfolio and research expertise specifically targeting the biopharmaceutical industry.

An increasing number of partnerships among major players is expected to propel the market growth of chromatography silica resin over the forecast period. For instance, in March 2019, Sartorius Stedim Biotech (SSB), a leading supplier for the biopharmaceutical industry, and Novasep based in Pompey, France, have entered into a collaboration agreement in the area of chromatography and single-use bioprocessing. Hence, the rising number of partnerships among key players for chromatography is expected to foster market growth.