Market revenue in 2023 | USD 554.0 million |
Market revenue in 2030 | USD 835.9 million |
Growth rate | 6.1% (CAGR from 2023 to 2030) |
Largest segment | Natural |
Fastest growing segment | Synthetic |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Natural, Synthetic, Inorganic |
Key market players worldwide | Merck KGaA, Bio-Rad Laboratories Inc, Wipro Ltd ADR, Mitsubishi Chemical Group Corp, Danaher Corp |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to chromatography resin market will help companies and investors design strategic landscapes.
Natural was the largest segment with a revenue share of 48.48% in 2023. Horizon Databook has segmented the Asia Pacific chromatography resin market based on natural, synthetic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of pharmaceutical companies in emerging markets such as China and India is anticipated to be the major driving force fostering industry growth in the Asia Pacific. The growing presence of major pharmaceutical companies such as Merck KGaA and GE Healthcare is also expected to boost the regional market in Asian countries like China and India.
Growing concern over the quality and safety of food and beverages is likely to increase food regulations all over the world, which will boost the usage of chromatography resin in the F&B sector for food testing and analysis The Asia Pacific market is characterized by the easy availability of land and skilled labor at low cost.
The shift in the global production landscape has favored emerging economies, particularly China and India, which are likely to positively influence market growth over the forecast period. Growing government support for domestic manufacturing is likely to boost regional production levels and reduce the dependence on imports, which is expected to present lucrative opportunities for global manufacturers.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific chromatography resin market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific chromatography resin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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