Asia Pacific Downstream Processing Market Size & Outlook
Asia Pacific downstream processing market, 2018-2030 (US$M)
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Asia Pacific downstream processing market highlights
- The Asia Pacific downstream processing market generated a revenue of USD 10,224.6 million in 2023.
- The market is expected to grow at a CAGR of 15.7% from 2024 to 2030.
- In terms of segment, chromatography systems was the largest revenue generating product in 2023.
- Dryers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 10,224.6 million |
| Market revenue in 2030 | USD 28,333.2 million |
| Growth rate | 15.7% (CAGR from 2023 to 2030) |
| Largest segment | Chromatography systems |
| Fastest growing segment | Dryers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers |
| Key market players worldwide | Merck KGaA, Sartorius AG, GE HealthCare Technologies Inc Common Stock, Thermo Fisher Scientific Inc, Danaher Corp, Repligen Corp, 3M Co, Boehringer Ingelheim, Corning Inc, Lonza Group Ltd, Dover Corp, Asahi Kasei Corp, Eppendorf |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.4% of the global downstream processing 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 28,333.2 million by 2030.
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Downstream Processing Market Scope
Downstream Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific downstream processing 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 downstream processing market will help companies and investors design strategic landscapes.
Chromatography systems was the largest segment with a revenue share of 41.75% in 2023. Horizon Databook has segmented the Asia Pacific downstream processing market based on chromatography systems, filters, evaporators, centrifuges, dryers covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to be the fastest growing region in the downstream processing market throughout the forecast period owing to continuous reforms in the healthcare and biotechnology industries in the region. In addition, large regional population and untapped potential present in the region have resulted into business shift of global firms in this region.
Moreover, this region offers relatively inexpensive manufacturing & operating unit for conducting research. Furthermore, it is estimated that the number of world’s new bioprocessing facilities are being developed by Asian local and international companies. Primary focus of the Asian entities is development of biosimilar monoclonal antibodies (mAbs) as well as vaccines through bioprocess technology.
Several global companies are making investments in this constantly growing bioprocessing regional market. For instance, in December 2014, Amgen’s USD 160 million manufacturing plant was established in Singapore, which uses bioprocessing technologies in 90% of its operations.
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Target buyers of Asia Pacific downstream processing market databook
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Our clientele includes a mix of downstream processing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific downstream processing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific downstream processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific downstream processing market size, by country, 2018-2030 (US$M)
Asia Pacific Downstream Processing Market Outlook Share, 2023 & 2030 (US$M)
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