June 17, 2024
Prepacked Chromatography Columns Market

The global Prepacked Chromatography Columns Market Growth Accelerated by Advancements in Chromatography Techniques

Prepacked chromatography columns offer numerous advantages such as reproducibility, ease of use, reduced contamination risk and time efficiency, making them ideal for large-scale purification of biologics and small molecules. With growing adoption of chromatography techniques in the pharmaceutical and biotechnology industries, the use of prepacked chromatography columns has increased significantly.

The global Prepacked Chromatography Columns Market is estimated to be valued at US$ 354.36 Mn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Advancements in chromatography techniques have played a key role in driving the growth of the prepacked chromatography columns market over the forecast period. Chromatography techniques like size-exclusion chromatography (SEC), ion-exchange chromatography (IEX), and hydrophobic interaction chromatography (HIC) have witnessed significant technological advancements. Manufacturers are focusing on developing novel prepacked columns compatible with these advanced chromatography techniques. This has further increased the application scope of prepacked chromatography columns in the purification of biomolecules. Growing R&D efforts towards developing high-performance prepacked columns will continue to accelerate the market growth of prepacked chromatography columns during the forecast period.

Segment Analysis
The global prepacked chromatography columns market is dominated by the pharmaceutical & biotechnology segment. This segment accounts for over 35% of the market share owing to the widespread use of prepacked chromatography columns in the downstream processing & purification of biotherapeutics and pharmaceutical products. Prepacked columns offer ease of use, reduced hands-on time, narrow particle size distribution and permeability which makes them ideal for downstream processing applications in pharmaceutical and biotechnology industries.

Key Takeaways

The Global Prepacked Chromatography Columns Market Share is expected to witness high growth over the forecast period of 2024 to 2031. The global Prepacked Chromatography Columns Market is estimated to be valued at US$ 354.36 Mn in 2024 and is expected to exhibit a CAGR of 4.0% over the forecast period 2024 to 2031.

Regional analysis: North America dominated the global market in 2024 with over 30% share owing to strong base of pharmaceutical and biotechnology companies in the region. Asia Pacific is expected to be the fastest growing market during the forecast period supported by expanding pharmaceutical manufacturing capacities and growth of the biologics industry in China, India and other emerging economies.

Key players: Key players operating in the prepacked chromatography columns market are ExxonMobil Corp., Pennzoil, Quaker Chemical Corp., Royal Dutch Shell Co, British Petroleum, Chevron Corp., Total S.A, JX Nippon Oil & Energy Corp., Lukoil, and Philips 66 Company. These players are focusing on new product launches, partnerships and expansions to strengthen their market position. For instance, in 2023, ExxonMobil launched a new range of prepacked columns tailored for bioseparation applications.