FMI Forecasts USD 1.4B Valuation for Chromatography Resin Market in 2024
The chromatography resin market has become a pivotal segment within the broader biopharmaceutical and chemical industries. Chromatography resins are essential components used in separation processes to purify proteins, antibodies, nucleic acids, and other biomolecules. Their significance has grown alongside the expansion of biotechnology, particularly in drug development, diagnostics, and research applications. Chromatography resins facilitate highly specific and efficient purification, which is critical for producing high-quality biopharmaceutical products. In the latest report by Future Market Insights, the lead research consultant estimates the global chromatography resin market value to reach USD 1.4 billion in 2024. As the demand for biologics and biosimilars continues to increase worldwide, the chromatography resin market has witnessed steady growth. These resins come in various forms such as ion-exchange, affinity, hydrophobic interaction, and size exclusion, each design...