Latin America Chromatography Resin Market Size & Outlook
Latin America chromatography resin market, 2018-2030 (US$M)
Related Markets
Latin America chromatography resin market highlights
- The Latin America chromatography resin market generated a revenue of USD 165.5 million in 2023.
- The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, synthetic was the largest revenue generating type in 2023.
- Synthetic is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 165.5 million |
| Market revenue in 2030 | USD 241.9 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Synthetic |
| 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.8% of the global chromatography resin market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 835.9 million by 2030.
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Chromatography Resin Market Scope
Chromatography Resin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America chromatography resin market outlook
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.
Synthetic was the largest segment with a revenue share of 45.08% in 2023. Horizon Databook has segmented the Latin America chromatography resin market based on natural, synthetic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
Pharmaceutical and biotechnology dominated the market and the governments in the region, especially Brazilian are investing in research and development for the cure of several life-endangering diseases. This is expected to positively impact the demand for chromatography resin across the pharmaceutical industry.
Further, increasing the replacement of natural resin with synthetic resin in the region is likely to fuel demand. The rising prevalence of non-communicable diseases within the country such as diabetes, cancer, cardiovascular diseases, and neurological disorders is increasing the clinical drug trials across the region. This, in turn, is anticipated to positively impact the market growth of chromatography resin over the forecast period.
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Target buyers of Latin America chromatography resin market databook
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Our clientele includes a mix of chromatography resin market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America chromatography resin market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America chromatography resin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America chromatography resin market
Latin America Chromatography Resin Market Outlook Share, 2023 & 2030 (US$M)
Latin America chromatography resin market
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