Preparative and Process Chromatography Market Size, Share, and Analysis, By Product (Process Chromatography, Preparative Chromatography), By Type (Liquid Chromatography, Gas Chromatography, Thin Layer Chromatography, Paper Chromatography, Gel-permeation [Molecular Sieve] Chromatography, Hydrophobic Interaction Chromatography), By End Use (Pharmaceutical, Biotechnology, Nutraceutical, Food, Others) and Regional Forecasts, 2022-2032
Preparative and Process Chromatography Market size was USD 8.24 billion in 2021 and projected to grow from USD 10.0 billion in 2023 to USD 23.6 billion by 2032, exhibiting a CAGR of 10.1% during the forecast period.
Preparative Chromatography technique isolates a large quantity of material for additional experimental or practical uses utilizing liquid or supercritical fluids. It is a common instrument used in the manufacturing of numerous medicines, biomolecules, food additives, and also basic and fine chemicals. It is one of the most widely used and significant purification methods in organic chemistry and also in the laboratories all over the world.
Preparative and Process Chromatography Market is expected to reach USD 23.6 billion, growing at a CAGR of 10.1% during the forecast period owing to the intensifying use of chromatography methods in food industry and nutraceuticals and heavy investments for research and developments. Moreover, monoclonal antibodies are expected to increase in demand and are also today approved for application in the biotechnology and pharmaceutical sectors. This is also anticipated to boost the Preparative and Process Chromatography Market over the forecast period.
Preparative and Process Chromatography Market is classified based on the Type into Liquid Chromatography, Gas Chromatography, Thin Layer Chromatography, Paper Chromatography, Gel-permeation (Molecular Sieve) Chromatography, and Hydrophobic Interaction Chromatography. The Liquid Chromatography category held a sizable market share in 2022 and is expected to continue to dominate during the predicted period due to its widespread application across numerous industries. The liquid chromatography is essential for ensuring product quality, especially during the manufacturing process. Owing to this, the quickly progressing pharmaceutical and speciality chemical industries have shown enormous interest in this field, leading to huge expansion.
Preparative and Process Chromatography Market is classified based on the End Use into Pharmaceutical, Biotechnology, Nutraceutical, Food, and Others. The pharmaceutical category registers a bigger market share due to the extensive use of preparative chromatography in the evaluation of medication safety. Various vaccine techniques, like vaccines based on viral vectors, vaccines based on nucleic acids, and vaccines based on virus-like particles were developed to create an effective vaccination against the novel COVID-19 in less time.
Growing Use in the Biotech and Pharma and Flourishing Biopharmaceutical Industry are Expected to Boost the Market Growth
The increased demand for and acceptance of monoclonal antibodies in the biotechnology and pharmaceutical industries is the primary driver of the growth of the Preparative and Process Chromatography Market. The market is further fuelled by the burgeoning biopharmaceutical sector, the necessity for cutting-edge purification methods, and the requirement for more effective and affordable processes. The global market is anticipated to increase due to technological developments and the creation of novel chromatography products.
Increasing Number of Preparative Methods is Expected to Boost the Market Growth
The use of preparative techniques is today widely accepted for the purification of APIs, with cost-effectiveness, higher output, and purity serving as major motivators. With the help of these procedures, customers can start preclinical and clinical trials with a sufficient volume of material at the appropriate quality. This in turn creates new commercialization opportunities with little product development time, which is having an effect on the growth of the Preparative and Process Chromatography Market.
Expensiveness of Preparative and Process Chromatography Systems May Restrain the Market Growth
The preparative and process chromatography machines are expensive due to technology. This technique is only used in a few number of academic institutions due to cost and budget constraints. This key factor is anticipated to restrain the progress of the global market.
Preparative and Process Chromatography Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. North America led the world market with the largest proportion in the past years, followed by Europe. Increased R&D projects for disease management and the presence of several important rivals have both contributed to the region’s market growth. Asia Pacific is also anticipated to increase at the fastest rate over the projected period. This is backed by the expanding biotechnology and pharmaceutical industries.
A number of nations implemented full or partial lockdowns due to the Covid-19 outbreak. Hence, there was shortage of raw materials in many businesses throughout the world, which caused the Preparative and Process Chromatography Market to slow down. The situation was anticipated to persist for the next two quarters. But with the start of 2021, the market picked up speed.
ATTRIBUTE |
DETAILS |
Study Period |
2018-2032 |
Base Year |
2022 |
Forecast Period |
2022-2032 |
Historical Period |
2019-2021 |
Growth Rate |
CAGR of 10.1% from 2022-2032 |
Unit |
Value (USD Billion) |
Segmentation |
Main Segments List |
Product |
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Type |
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End Use |
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By Region |
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Preparative and Process Chromatography Market size was estimated at USD 8.24 billion in 2021 and is expected to reach USD 23.6 billion in 2032.
Preparative Chromatography technique isolates a large quantity of material for additional experimental or practical uses utilizing liquid or supercritical fluids. It is a common instrument used in the manufacturing of numerous medicines, biomolecules, food additives, and also basic and fine chemicals.
Hydrophobic Interaction Chromatography and Pharmaceutical segments accounted for the largest Preparative and Process Chromatography Market share.
Key players: Thermo Fisher Scientific Inc., Merck KGaA, GE Healthcare, Agilent Technologies, PerkinElmer Inc., Sartorius AG, Shimadzu Corporation, Daicel Corporation, Bio-Rad Laboratories Inc., Waters Corporation, Repligen Corporation, Hamilton Company, Novasep Holding S.A.S, GL Sciences Inc., Gilson Inc., and Other Prominent Players are the key players in the Preparative and Process Chromatography Market.
Growing demand from pharma industry for various research uses and rising funding from private and government companies in the field of process and separation chromatography are the factors driving the Preparative and Process Chromatography Market.
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