North America is expected to account for the largest share of the global hydrophobic interaction chromatography market. The availability of government and public funding for protein-based research projects, increased adoption of automated purification instruments, high demand for protein biologics, and increasing R&D efforts by pharmaceutical and biotechnology companies are some of the major factors driving the growth of the HIC market in North America.
The increasing demand for monoclonal antibodies and increasing R&D expenditure in biopharmaceuticals are driving the growth of the hydrophobic interaction chromatography market.
In the past decade, there has been a significant increase in the demand for mAbs not only in oncology but several other therapeutic areas such as Alzheimer’s, autoimmune diseases, and inflammatory disorders. These therapeutic areas have also gained prominence in recent years, as a result of which, almost all major pharmaceutical companies have undertaken R&D on therapeutic antibodies.
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The key players in the global hydrophobic interaction chromatography market include GE Healthcare (US), Bio-Rad Laboratories (US), Sartorius (Germany), Thermo Fisher Scientific (US), and Tosoh Corporation (Japan). These players focus on both organic and inorganic growth strategies, such as product launches, collaborations, and acquisition to maintain and enhance their market share in the hydrophobic interaction chromatography market.
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Moreover, the study showcases back-to-back parameters like application, improvement, product growth, and diverse structures & key processes. The report highlights the in-depth analysis of various critical parameters such as profit & loss statistics, product value, production capability, production process, and many more.
The Hydrophobic Interaction Chromatography Market report delivers a perfect solution, which incorporates current market intelligence, future projections for the growth, technology inputs, and future market trends.
The report focuses on key strategic developments, analytical tools, and market feature. The report exhibits a top to the bottom estimate of the Hydrophobic Interaction Chromatography Market which includes key patterns, key players, market drivers, challenges, arrangement patterns, openings, esteem chain, professional outlines, and future guide.
Tosoh Corporation is a key player operating in the hydrophobic interaction chromatography market. The company offers key HIC resin products, which helps it to create a strong position in this market. Tosoh is continuously investing in R&D activities and product innovation to address customer requirements. For instance, in 2016, the company launched the TOYOPEARL Sulfate-650F resin product to meet consumer demand. The company also has a strong geographic network in the Asia Pacific region, making Tosoh an important player in this high-growth market.
Merck is a prominent player operating in the market. The company has a strong geographic presence across the Americas, Europe, Japan, Asia Pacific, and the Middle East and Africa (MEA). It offers a wide range of products for hydrophobic interaction chromatography applications. Over the past three years, Merck focused on organic strategies to maintain its position in this market, such as service launches. For instance, in 2017, it launched services for the development of antibody-drug conjugates.