Published on November 3, 2014

The increasing demand for monoclonal antibodies is driving the chromatography resin market; these resins are used in pharmaceutical companies, food production, and water and environmental analysis. Recent research report said that the revenue from sales of resins in food production industry is expected to record highest CAGR in the next five years.

Industry source said that demand for resins sector is growing in end user industry owing to this demand for related chemicals and is also revealing good market growth. Resins market is growing with a good rate of knots and some market players said that with the escalation of end user industries resin sector’s demand will enhance in near term. Due to high demand of this sector related chemicals utilization also will heighten the market.

Some market analyst said that presently resins sector is budding with a good haste due to elevated demand from end user industry segments Market players said that with increasing number of regulations to promote energy efficient structures and machineries; demand for resins for insulation applications is expected to drive the market growth in near term.