China Mrna Synthesis Raw Materials Market Size & Outlook
China mrna synthesis raw materials market, 2018-2030 (US$M)
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China mrna synthesis raw materials market highlights
- The China mrna synthesis raw materials market generated a revenue of USD 160.1 million in 2023 and is expected to reach USD 195.3 million by 2030.
- The China market is expected to grow at a CAGR of 2.9% 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.
Mrna synthesis raw materials market data book summary
| Market revenue in 2023 | USD 160.1 million |
| Market revenue in 2030 | USD 195.3 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Capping agents |
| Fastest growing segment | Capping Agents |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 5.6% of the global mrna synthesis raw materials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan mrna synthesis raw materials market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 195.3 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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China 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 39.16% in 2023. Horizon Databook has segmented the China 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 China mRNA synthesis raw materials market is driven by several initiatives undertaken by the Chinese companies to expand the mRNA synthesis landscape. Companies such as Hongene Biotech Corporation have large sequencing capacities.
Companies operating in this space are collaborating with biotechnology and pharmaceutical diagnostic companies to continuously innovate in this field of science. The growing popularity of the mRNA drugs and vaccines have created opportunities for the raw material manufacturers to innovate and collaborate with these companies.
In China, companies such as Blue Que Bio, Ceno Bio, Aibo Bio, Zhongmei Ruikang, Ruibo Bio, Sri Microbe, Shenxin Bio, Ribo Bio, Zhiyuan Messenger, and Gemma Gene, among others, are developing the technology of mRNA drugs or pipeline layout.
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Our clientele includes a mix of mrna synthesis raw materials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China mrna synthesis raw materials market , including forecasts for subscribers. This country databook contains high-level insights into China mrna synthesis raw materials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China mrna synthesis raw materials market size, by type, 2018-2030 (US$M)
China MRNA Synthesis Raw Materials Market Outlook Share, 2023 & 2030 (US$M)
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