Wed, 25 Nov 2020

New entrants are required to invest in research and development activities and leverage contract manufacturing to attain technology related to agarose resins.

ROCKVILLE, MD / ACCESSWIRE / November 16, 2020 / The agarose resin market is likely to record an impressive CAGR of 10% over the assessment period, 2020-2030. The growth can be primarily attributed to extensive use in the downstream procedure of DNA and protein separation. Further, use of agarose resin to improve the property of DNA or protein in the chromatographic separation procedure is likely to provide substantial opportunities to market players.

'As a result of rampant growth of protein and biotherapeutic drug production, East Asia is poised to surpass developed region such as North America and Europe by the end of the forecast period.' says the Fact.MR report.

Request a report sample to gain comprehensive market insights at

https://www.factmr.com/connectus/sample?flag=S&rep_id=5239

Agarose Resin Market- Key Takeaways

  • North America is anticipated to remain the largest market, however, East Asia will foresee a rapid growth throughout the forecast period.
  • Biopharma companies will offer long-term thrust to the expansion of the market, throughout 2020-2030.
  • Antibody purification is anticipated to account for three-fifth of the overall market share.
  • 2%, 4%, and 6% will be gaining traction in the global market in terms of concentration of agarose.

Agarose Resin Market - Driving Factors

  • Increasing demand for protein-based drugs across the globe will complement the market growth in the coming years.
  • A rise in research activities in the fields of biopharmaceuticals and virology has prompted a rise in demand for agarose resin.
  • Extensive use in the biotherapeutics sector along with vaccine purification boosts demand.

Agarose Resin Market - Constraints

  • Growing awareness about alternate methods to purify vaccines will impact the growth of the global market.
  • A price hike due to rapid rise in demand for agarose resin amid COVID-19 might challenge the market growth.

Anticipated Market Impact by COVID-19 Outbreak

The COVID-19 pandemic is poised to offer a positive growth trajectory to the agarose resin market in short-term projected period. Rapid vaccine trials across nations will generate the requirement for vaccine purification, which will led to downstream raw material, i.e. agarose resin.

Explore the global Agarose Resin market with 102 figures, 90 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/report/5239/agarose-resin-market

Competition Landscape

The global market for agarose resin is consolidated, with most of players located in North America, for instance, Purolite and Cytiva Life Sciences, together account for around 4/5th of the overall market share. Major market players operating in the global market include GE Healthcare, Cytiva, Purolite, Bio-Work Technologies, Bio Rad Laboratories, and Cube Biotech.

More on the Report

The Fact.MR's market research report provides in-depth insights into the agarose resin market. The market is scrutinized based on concentration (2% to 4%, 4% to 6%, 6% to 8%, and more than 8%), application (protein purification, antibody purification, immunoprecipitation, and others), and end use (biopharma companies, clinical research laboratories, and academic & research institutes), across five major regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA)).

Explore Wide-ranging Coverage of Fact.MR's Chemical & Materials Landscape

Polycarbonate Resins Market: Find insights on the polycarbonate resins market with analysis of segments, statistics, influencers, market players, and business strategies adopted over a 10-year forecast period.

Methyl Silicone Resins Market: Fact.MR's report on the methyl silicone resins market offers insights on the market during 2019-2029, including restraints, revenue sources, market leaders, and market strategies.

Unsaturated Polyester Resin Market: Read an analysis of the unsaturated polyester resin market with insights on growth factors, opportunities, restraints, regional market forecast, regulatory policies, and strengths of market leaders.

About Fact.MR

Fact.MR is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. Fact.MR is headquartered in Dublin, and has offices in Dubai. Fact.MR's latest market research reports industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Contact:

Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
PR- https://www.factmr.com/media-release/1704/global-agarose-resin-market

SOURCE: Fact.MR



View source version on accesswire.com:
https://www.accesswire.com/616852/Agarose-Resin-Market-Players-Eyeing-Lucrative-Opportunities-in-Antibody-Purification-Opines-FactMR

More Oklahoma City News

Access More

Sign up for Oklahoma City News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!