Chromatographic Silica Resins Market sales are projected to be worth more than US$ 80 million by the end of 2025 and more than US$ 110 million by the end of 2031, representing an additional opportunity of more than US$ 30 million between 2022 and 2031. During the projection period, chromatographic silica resin sales are expected to grow at a CAGR of 4.1% globally.
The global chromatography silica resins market is highly fragmented, with top 10 players accounting for 35% revenue share. Tier I companies in chromatography silica resins market are W.R. Grace and Company, Osaka Soda Co. Limited, Merck KGaA, AGC Group, and Alfa Aesar.
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Thin-layer chromatography is utilised in biomedical analysis to use chromatographic silica resin. Growing medical needs, particularly in developing nations like China and India, are anticipated to fuel demand for biopharmaceuticals, which will in turn fuel the rise of the chromatographic silica resin market throughout the course of the assessment period.
This has application in the purification of antibiotics such as rosarimicin, coloradocin and benzanthrins, among others. Silica resin chromatography is also used in the study of medicines such as hypnotics, sedatives, analgesics, local anesthetics and steroids.
The stable growth of pharmaceutical and biotechnology industries is expected to boost the global chromatographic silica resin consumption over the forecast period. As far as the pharmaceutical industry is concerned, silica gel column chromatography is used to segregate and collect different components of a drug.
Key Companies
- W.R. Grace and Company
- Osaka Soda Co. Limited
- Alfa Aesar
- Merck KGaA
- AGC Group
- SiliCycle Inc.
- Sorbead India
- Sepax Technologies Inc.
- Others
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Increasing demand for chromatography from end-use industries as a result of economic growth, especially in emerging markets such as China and India drives the APAC chromatographic silica resin market. In terms of market value, the Europe chromatographic silica resin market is estimated to account for 31.5% share by 2017 end, whereas Latin America will account for 5.7% share.
Table of Content of this Report:
- Chromatographic Silica Resins Market Overview and Analysis [ Market Size | Market Y-o-Y Growth | Market Dynamics]
- Chromatographic Silica Resins Market Overview and Analysis [ Supply Chain | Cost Structure | Pricing Analysis | Raw Material Sourcing Strategy and Analysis | List of Distributors]
- Global Chromatographic Silica Resins Market Analysis and Forecast By Product Type
- Global Chromatographic Silica Resins Market Analysis and Forecast By Application Type
- Global Chromatographic Silica Resins Market Analysis and Forecast By Region [ Europe | North America | APAC | Middle East and Africa]
- Global Chromatographic Silica Resins Market Company Share, Competition Landscape and Company Profiles
- Research Methodology
- Secondary and Primary Sources
- Assumptions and Acronyms
Due to the stable economic growth in emerging economies such as China and India, a good number of opportunities will be created for the chromatographic silica resin market during the assessment period. There is a huge demand for pharmaceutical products in these countries.
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