NEW YORK, July 20, 2021 /PRNewswire/ --
Technavio's latest research report on the chromatography resins market estimates growth of USD 1.22 billion, progressing at a CAGR of almost 9% during 2021-2025. The growth can be mainly attributed to increasing R&D in biopharmaceuticals.
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As the business impact of the COVID-19 spreads, the chromatography resins market is expected to have a NEUTRAL impact.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
The recovery process involves various phases including:
- Addressing Potential Impacts by Facilitating changes in Process Designs
- Focusing on agile execution of proposed and approved changes.
- Conceptualize scenario-based planning to mitigate future crisis situations.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Top 3 Vendor Analysis of Chromatography Resins Market
The company offers chromatography resins under the brand J.T.Baker as J.T.Baker BAKERBOND PROchievA.
Bio-Rad Laboratories Inc.
The company offers various chromatography resins which include Affinity chromatography resins, Multimodal chromatography resin, Size Exclusion chromatography resin, Hydrophobic Interaction chromatography resin, and many more.
The company offers various chromatography resins which include Protein A resins Affinity antibody, Affinity resins Specific groups, Affinity resins Tagged proteins, Hydrophobic interaction resins, and many more under the brand Cytiva.
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Chromatography Resins Market 2021-2025: Segmentation
Chromatography resins market is segmented as below:
- Pharmaceutical And Biotechnology
- Food And Beverages
- Drug Discovery
- Diagnostics And Analytical
- North America
- South America
The chromatography resins market is driven by increasing R&D in biopharmaceuticals. In addition, the rising demand for therapeutic antibodies is expected to trigger the chromatography resins market toward witnessing a CAGR of almost 9% during the forecast period.
Download our extensive report to get Exhaustive Insights: https://www.technavio.com/talk-to-us?report=IRTNTR43302
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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