Asia Pacific Mrna Synthesis Raw Materials Market Size & Outlook
Asia Pacific mrna synthesis raw materials market, 2018-2030 (US$M)
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Asia Pacific mrna synthesis raw materials market highlights
- The Asia Pacific mrna synthesis raw materials market generated a revenue of USD 713.9 million in 2023.
- The market is expected to grow at a CAGR of 1.6% from 2024 to 2030.
- In terms of segment, capping agents was the largest revenue generating type in 2023.
- Capping Agents is the most lucrative type 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 713.9 million |
| Market revenue in 2030 | USD 799.6 million |
| Growth rate | 1.6% (CAGR from 2023 to 2030) |
| Largest segment | Capping agents |
| Fastest growing segment | Capping Agents |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capping Agents, Nucleotides, Plasmid DNA, Enzymes |
| Key market players worldwide | Roche Holding AG, Merck KGaA, Thermo Fisher Scientific Inc, Maravai LifeSciences Holdings Inc Ordinary Shares - Class A, New England Biolabs, Creative-Biolabs, Jena Bioscience, YEASEN Biotechnology, BOC Sciences, Hongene Biotechnology |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.9% of the global mrna synthesis raw materials market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,209.9 million by 2030.
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MRNA Synthesis Raw Materials Market Scope
MRNA Synthesis Raw Materials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific mrna synthesis raw materials 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 mrna synthesis raw materials market will help companies and investors design strategic landscapes.
Capping agents was the largest segment with a revenue share of 39.11% in 2023. Horizon Databook has segmented the Asia Pacific mrna synthesis raw materials market based on capping agents, nucleotides, plasmid dna, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
The market for the mRNA synthesis raw materials in Japan is moderately competitive with the presence of some major companies offering the raw materials to the mRNA synthesis providers, including FUJIMOTO CHEMICALS CO., LTD.; Natias Co., Ltd.; AMBiS Corp.; AnGes, Inc.; and Meridian Bioscience.
Several Japanese government, academic, and research institutes are having a demand of these raw materials for mRNA-based vaccines. Hence, major players in the market are adopting several strategies including mergers & acquisitions, partnerships & collaborations to stay competitive in the market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific mrna synthesis raw materials market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific mrna synthesis raw materials market size, by country, 2018-2030 (US$M)
Asia Pacific MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)
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