Market revenue in 2023 | USD 105.0 million |
Market revenue in 2030 | USD 145.2 million |
Growth rate | 4.7% (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 48.19% in 2023. Horizon Databook has segmented the Middle East & Africa chromatography resin market based on natural, synthetic, inorganic covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing expenditure in Epidemiology and preventive healthcare is likely to boost the chromatography resin market in the region over the forecast period. Increasing demand for chromatography techniques in countries such as the UAE, Saudi Arabia, and South Africa is the major factor responsible for the rising consumption of chromatography resin.
Consistent technological improvement in the chromatography sector is leading to an increasing preference for a synthetic resin over natural resin. This is the main reason for the rapid growth expected for a synthetic resin over the forecast period.
Regulatory authorities such as the West Africa Drug Regulatory Authority Network (WADRAN) and Saudi Food & Drug Authority (SFDA) introduced strict quality guidelines for food testing, which triggered the chromatography resin demand in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa chromatography resin market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa chromatography resin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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