Europe Chromatography Resin Market

Europe Chromatography Resin Market Size (2024 to 2029)

The size of the Europe Chromatography Resin Market is forecasted to value USD 0.97 billion by 2029 from USD 0.69 billion in 2024, registering a CAGR of 7.2% from 2024 to 2029.

The pharmaceutical industry holds the largest market share for the chromatographic resins market, so the worldwide fluctuations in the pharmaceutical industry directly affect the demand for chromatographic resins.

In this industry, chromatographic resins have a wide variety of applications that includes chemical separation of biomolecules, drug delivery, protein purification and diagnostics, etc. With the growing number of diseases, such as AIDS, cancer research, and the discovery of new viruses and bacteria, industries have called for the development of new molecular entities and increased their spending on drug R&D. With the increase of serious diseases around the world, monoclonal antibody therapy is rapidly gaining in importance, which directly uses the use of chromatographic resins. These will help drive the market for forecasted period.

Food items like sugar, sugar alcohols, high fructose corn syrup, sweeteners, food additives and nutritional products are the main requirements that need to meet the strict purity challenges. To comply with these strict regulations, food manufacturers use chromatography resin techniques.

Strong demand for affinity chromatography resin due to its increasing applications in pharmaceutical companies is expected to drive growth in the near future. In addition, the intensive use by the biotechnology industry of monoclonal antibodies for therapeutic purposes is expected to continue to give opportunities for market growth.

The demand for ion exchange chromatography resins is expected to increase as it is a cost effective option and complies with stringent food processing regulations. Factors such as high cost compared with other separation techniques due to the high cost of raw materials and transportation is expected to be a challenge for the chromatographic resins market.

In addition, the need for highly skilled professionals to operate these processes is expected to challenge the development of the market in the near future.

This research report on the Europe Chromatography Resin Market has been segmented and sub-segmented into the following categories.

Europe Chromatography Resin Market Analysis By Type

• Natural Polymer
• Inorganic Media
• Synthetic Polymer

Europe Chromatography Resin Market Analysis By Technique

• Affinity
• Hydrophobic Interaction
• Ion Exchange
• Size Exclusion
• Multi-Modal

Europe Chromatography Resin Market Analysis By Application

• Pharmaceutical & Biotechnology
• Food & Beverages
• Water & Environmental Analysis
• Others

Europe Chromatography Resin Market Analysis By Country

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

REGIONAL ANALYSIS

Geographically, the Europe Chromatography Resin Market was the second largest market share due to increased healthcare spending. In 2023, Germany had the highest market share, accounting for around 25% of the European market. The German chromatography resin market is strongly driven by the pharmaceutical industry. In Europe, the German pharmaceutical industry is the largest and the fourth in the world. Domestic demand decreased in the country, however, exports of pharmaceutical products increased significantly. The demand for chromatographic resins from the pharmaceutical industry will be moderate, due to a decrease in domestic demand. However, exports are likely to contribute to the demand for these chromatography resins in the region.

Germany Chromatography Resin Market, being a country with important industries in the region, requires a water and environmental analysis to know the impact of industrial pollution. This analysis helps provide clean water for various purposes and a healthy environment for living. These practices and analyzes are expected to increase as the nation moves towards a cleaner, greener and healthier life. Analysis requires chromatographic resins for study. This is expected to increase the chromatographic resins market.

The UK chromatography resin market is one of the fastest-growing regional markets globally and is expected to register a healthy growth rate during the forecast period. BioToolomics Ltd, a UK-based biotech company, launched a novel and highly efficient disposable chromatography column technology, and this provides 40% to 100% in separation efficiency.

The France chromatography resin market is predicted to showcase a notable growth rate during the forecast period due to the increasing demand for drug discovery to fight against diseases such as Zika and Ebola viruses, which helps accumulate the chromatography resin market growth in Europe.

Therefore, all factors in turn are expected to drive the demand for chromatographic resins in the region during the forecast period.

KEY MARKET PLAYERS

Bio-Rad Laboratories Inc., GE Healthcare, Tosoh Corporation, Merck KGaA, Pall Corporation, Avantor Performance Materials Inc., Mitsubishi Chemical Corporation, Purolite Corporation, Repligen Corporation, and Thermo Fisher Scientific Inc. are a few of the promising companies in the European chromatography resins market.