Argentina Protein A Resin Market Outlook

the argentina protein a resin market is predicted to witness an upsurge in demand during the forecast period of 2018 to 2032. protein a resin is a well-recognized chromatographic material used extensively in the biopharmaceutical industry for purifying recombinant monoclonal antibodies (mabs). increased production of mab and rising prevalence of chronic diseases such as cancer and other autoimmune diseases are majorly driving the argentina protein a resin market. high research and development expenditure in pharmaceuticals and biotech sectors are expected to propel the demand for protein a resin in argentina. moreover, the growing need for customized and scaleable bioprocessing solutions is expected to fuel the demand for this resin over the forecast period. however, stringent government regulations regarding environmental safety are expected to restrain the market growth over the next few years. in terms of application, the argentina protein a resin market is segregated into research and development, diagnostics, and biopharmaceuticals. among them, the biopharmaceuticals segment is estimated to hold a major share of the market. this growth is attributed to increased biopharmaceutical production, encourages use of economical resin for purification and concentration of mabs, and growing demand for mabs. based on product type, the argentina protein a resin market is divided into natural protein a and synthetic protein a. the natural protein a segment is anticipated to dominate the market owing to its wide variety of applications in biopharmaceuticals, diagnostics, and research and development. major players operating in the argentina protein a resin market include thermo fisher scientific, merck kgaa, chromadex inc., bio-rad laboratories inc., wuxi apptec, aggaros bioscience, amano enzyme inc., millennium pharmaceuticals inc., and others. these players are expected to focus on launching innovative products to meet the growing demand for protein a resin during the forecast period.