(MENAFN- America News Hour) In a recently published report, Global Prepacked Chromatography Columns Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Prepacked Chromatography Columns Market products.
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It is also anticipated to grow on account of the growing demand for chemicals from the end users, backed by the increasing consumption of chemicals across different industries and the rising need for advanced chemicals. In India, the production of major chemicals and petrochemicals during the period 2020-2021 was close to 12000 thousand MT. Additionally, between the period 2015-16 and 2019-20, the production of the chemicals and petrochemicals in the nation grew at a CAGR of close to 6%.
Global Prepacked Chromatography Columns Market is valued approximately USD 1.6 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 8.40% over the forecast period 2019-2026. Chromatography can be a system applied for the decontamination of specific chemical compounds from mixtures of compounds. Prepacked columns help to manage the laborious and time-consuming method of packing chromatography columns. Approval of prepackaged action columns is growing rapidly. Growing demand for purification of antibodies, virus titer reduction validation and recombinant vaccines and proteins are key driving forces of the market growth. In the pharmaceutical industry, the strictness on certifying quality of the drugs the pharmaceutical firms target at high quality of the drug. Chromatography is one of the downstream practices utilized for decontamination of the drug compound. Consequently, the need for prepacked chromatography columns is assumed to boost. Apart from this, process development and cost-effective purification of biological drugs is anticipated to create significant growth opportunity in the market over the forecast period. However, technical limitation of the column size impedes the growth of the market over the forecast period of 2019-2026.
The regional analysis of global Prepacked Chromatography Columns market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to growing demand for purification of antibodies, recombinant proteins and vaccines, and virus titer reduction validation. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as presence of upcoming developments in monoclonal antibodies, research activities in biological and medicine science would create lucrative growth prospects for the Prepacked Chromatography Columns market across Asia-Pacific region.
Major market player included in this report are:
Agilent Technologies
Atoll GmbH
Bio-Rad Laboratories, Inc.
Emd Millipore/ Merck Millipore (A Division of Merck KggA)
Ge Healthcare
Pall Corporation
Phenomenex, Inc.
Shimadzu Corporation
Thermo Fisher Scientific Inc.
Waters Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
1-100 ML
100-1000 ML
>1l
By End User:
Academic
Hospitals
Cosmetics
Environmental Biotechnology
Food & Beverages
Nutraceuticals
Pharmaceuticals
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Prepacked Chromatography Columns Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
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