Hydrophobic Interaction Chromatography Resins Market Analysis

The global hydrophobic interaction chromatography resins market is anticipated to register a significant CAGR over a forecast period. The increasing research and development activities in the pharmaceutical and biotechnology industry is the major factor boost the demand of the hydrophobic interaction chromatography and drives the market. The growing demand of monoclonal therapeutic antibodies and biosimilars also increases the demand for the chromatography resins and drives the market. The efficient use of hydrophobic interaction chromatography resins in separation techniques in the food industry as well as water and environmental analysis also propels the demand for hydrophobic interaction chromatography resins and drives the market over the forecast period.

However, the lack of skilled labor force to handle and operate hydrophobic interaction chromatography resins may hamper the growth of the global hydrophobic interaction chromatography resins market. The increasing use of alternative ion-exchange and affinity chromatography resins may affect the demand of hydrophobic interaction chromatography and restrain the growth of the global hydrophobic interaction chromatography resins market.

On the basis of regional presence, the global hydrophobic interaction chromatography resins market is segmented into five key regions: North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. Currently, North America is contributing the leading shares to the global hydrophobic interaction chromatography resins market in terms of value and anticipated to register a significant CAGR over a forecast period. The Europe is also contributing the moderate shares to the market due to the increasing research and development activities in pharmaceutical and biotechnology. APAC is the most lucrative market for the hydrophobic interaction chromatography resins and expected to show a robust growth to the global hydrophobic interaction chromatography resins market. MEA is at a nascent stage to the global hydrophobic interaction chromatography resins market and anticipated to register a decent growth to the market over a forecast period. Overall, the global hydrophobic interaction chromatography resins market is expected to show significant growth over a forecast period.

Key Players

Some of the major market players in hydrophobic interaction chromatography resins market globally include Tosoh Corporation, Pall Corporation, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., General Electric Company, Avantor Performance Materials, Inc., Merck KGaA, Mitsubishi Chemical Corporation, Purolite Corporation and Repligen Corporation.

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