Market revenue in 2023 | USD 593.9 million |
Market revenue in 2030 | USD 836.9 million |
Growth rate | 5% (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 53.98% in 2023. Horizon Databook has segmented the Europe chromatography resin market based on natural, synthetic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is home to major global chromatography resin manufacturers such as Merck KGaA. The European Union’s initiatives such as the Innovative Medicines Initiative (IMI), which aims to speed up the development of better and safe medicines, have given a major boost to the chromatography resin market in the region.
The rising use of monoclonal antibodies for therapeutic purposes is also expected to further propel the market in Europe. European Food Safety Authority (EFSA) regulations are encouraging food producers to thoroughly check the food for quality and safety, driving demand for chromatography resins.
The synthetic resin market in the region is projected to generate significant demand in the coming years owing to initiatives undertaken by governments in the pharmaceutical sector. Furthermore, growth in the F&B sector is majorly fueled by regulations implemented by the European Food Safety Authority (EFSA).
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe chromatography resin market , including forecasts for subscribers. This continent databook contains high-level insights into Europe chromatography resin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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