Chromatography Resins Industry Procurement Intelligence, Supplier Intelligence, Day One Analysis Report, 2020 – 2027

Procurement Outlook

Chromatography resins are media used to capture and polish mAbs, antibody fragments, vaccines, and other biomolecules using a stationary phase.

Chromatography resins can be categorized into two types:

·        Natural resins: These resins are extracted from plants. They comprise an ambiguous mixture of Carboxylic acids, essential oils, and isoprene-based hydrocarbons.

·         Rosins - It is derived from the pitch of pine trees.

·         Oleoresins - These resins contain the essential oils of plants.

·         Gum resins - They are the natural mixtures of true gum and resins including natural rubber, gamboge, myrrh, and olibanum.

·         Fossil resins - It is extracted from ancient trees that have been chemically altered by long exposure.

·        Synthetic resins: Synthetics resins are produced polymerization involving the formation of chain-linked polymers.

·         Thermoplastic resins: Polycarbonate, nylon, acrylic, etc.

·         Thermosetting resins: Polyester, epoxy, phenolic, vinyl ester, polyurethane, silicone, etc.

 

Read report summary: ChromatographyResins Industry Procurement Intelligence

Demand Outlook

The global chromatography resins market was valued at ~USD2 billion in 2020 and it is expected to grow at a CAGR of 7-8% from 2020 to 2027 due to increasing demand from the pharmaceutical sector, for drug discovery. The pharmaceutical sector is the largest end-user segment with more than 85% revenue share. The pharmaceutical industry extensively uses chromatography resins in inspecting and cleaning compounds to remove contamination. Natural resins are the leading product segment and they accounted for more than 50% of revenue share in the global chromatography resins market. North America is the largest geographic segment in the market with more than 30% revenue share. However, the shifting of production base to APAC by leading pharmaceutical companies is expected to bolster the growth rate of chromatography resins in the region during the forecast period.

Cost Drivers

The cost components of procuring natural resins and synthetic resins are different. Natural resins are typically extracted from trees like pines and firs. Hence, the processing cost plays a huge role in determining the cost of natural resin production. Whereas, synthetic resins are manufactured industrially via the process of polymerization with help of a chemically processed source of Naphtha, a residual part of crude oil. In this case, the cost of raw material is the key cost component of resin production. Synthetic resin production costs largely depend on the availability of raw materials and crude oil prices.

 

Check out the featured AddonServices offered with Chromatography Resins Industry Procurement Intelligence Report:

 

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

 

Our services include (not limited to):

 

·         Market Intelligence involving - market size and forecast, growth factors, and driving trends

·         Price and Cost Intelligence - pricing models adopted for the category, the total cost of ownership

·         Supplier Intelligence - rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

·         Sourcing / Procurement Intelligence - best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

 

Find More information @ https://www.grandviewresearch.com/pipeline

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