Protein A Resin Market, By Product Type (Agarose-based Protein, Glass or Silica-based Protein, Organic Polymer-based Protein), Application (Antibody Purification, Immunoprecipitation), End User (Pharmaceutical and Biopharmaceutical Companies, Research Laboratories, Others), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
The global Protein A Resin market size was estimated at USD 1.12 billion in 2023 and is projected to reach USD 1.89 billion in 2030 at a CAGR of 7.8% during the forecast period 2024-2030.
The demand for monoclonal antibodies has surged significantly during the COVID-19 pandemic due to their critical role in diagnosing and treating the virus. This increase has driven manufacturers to accelerate the development and production of monoclonal antibodies to meet the growing patient needs. Protein A resins, essential for the purification of these antibodies, have consequently seen heightened demand. The urgency for COVID-19 vaccines has also contributed to this trend, alongside increased investments in the biopharmaceutical industry aimed at combating the pandemic.
However, the COVID-19 pandemic also disrupted global supply chains, impacting the availability of raw materials and manufacturing components, which negatively affected the protein A resins market. Research and development activities faced delays due to resource reallocation towards COVID-19-related projects, compounding these challenges. Despite these disruptions, the rising prevalence of chronic diseases, such as cancer, has sustained the demand for monoclonal antibodies, bolstering the need for efficient purification processes using protein A resins.
Monoclonal antibodies are pivotal in modern drug development, particularly for oncology, autoimmune, and infectious diseases, necessitating robust purification methods. This has led to increased demand for protein A resins. For instance, a 2023 report by the Society of Biological Engineering Journal highlighted the surge in protein A resin demand due to the biopharmaceutical industry's need for efficient purification methods.
The high costs associated with protein A resins remain a challenge for market growth. However, manufacturers are investing in research and development to innovate and develop advanced protein A chromatography resins or alternatives. Strategies like mergers, acquisitions, collaborations, and product launches are employed to expand regional presence and diversify product offerings. Notable examples include Purolite Life Sciences' launch of next-generation chromatography resins in 2021 and Thermo Fisher Scientific's collaboration with Newomics to develop a novel LC-MS platform.
The pharmaceutical and biopharmaceutical companies are anticipated to dominate the protein A resin market, primarily due to their extensive use of proteins in drug discovery and development. Protein analysis is crucial for target identification, efficacy and toxicity biomarker identification, and understanding drug mechanisms, which is fueling market growth amidst numerous ongoing drug development projects globally. Government funding and technological advancements in analytical instruments further drive this segment's growth. Increasing life science R&D expenditure, drug discovery progress, and the adoption of chromatography are key drivers. For instance, Merck's investment in an advanced research centre in Germany and Otsuka Pharmaceutical's Osaka Research Centre underline the industry's commitment to antibody research, thereby boosting protein A resin demand.
Additionally, strategic agreements and expansions, such as Purolite's extended agreement with Repiligen Corporation and Ecolab Inc.'s new biologics resin manufacturing facility, highlight the industry's response to the growing demand. The competitive and fragmented nature of the protein A resin market sees major players continually introducing innovative products and forming partnerships to maintain a market edge. This dynamic environment, coupled with ongoing R&D, underscores the sector's robust growth trajectory, making protein A resins indispensable in pharmaceutical and biopharmaceutical applications.
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 7.8% during the forecasting period, 2024-2030 |
Historical Data |
2020-2022 |
Forecast Years |
2024-2030 |
Base Year |
2023 |
Units Considered |
Revenue in USD billion and CAGR from 2024 to 2030 |
Report Segmentation |
Product Type, Application, End User. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East, and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, and South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Abcam PLC, Agilent Technologies, Bio-Rad Laboratories, Inc., Danaher Corporation, EMD Millipore, Expedeon Ltd, GE Healthcare, GenScript Biotech Corp., Merck Millipore, Novasep Holdings SAS, PerkinElmer, Inc., Purolite Life Sciences, Repligen Corp., Thermo Fisher Scientific Inc., Tosoh Bioscience, Agarose Bead Technologies, Axplora, Kaneka Corporation, and JSR Life Science. |
Available Customization |
In addition to the market data for the Protein A Resin Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements. |
The Protein A Resin Market is segmented into various segments such as Product Type, Application, End User, and Region:
Based on Product Type
Based on Application
Based on End User
Based on region
The prominent players in the Protein A Resin market are