(EMAILWIRE.COM, September 04, 2018 ) The increasing demand for monoclonal antibodies and increasing R&D expenditure in biopharmaceuticals are driving the growth of the market.

In this report, the market has been categorized based on product & service, sample type, end user, and region. The HIC products market includes resins, columns, buffers, and other HIC products. In 2018, HIC resins are expected to dominate the products market. This segment is also estimated to grow at the highest CAGR during the forecast period owing to the increasing demand for HIC resins for the purification of hydrophobic protein molecules.

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On the basis of sample type, the global hydrophobic interaction chromatography market is divided into monoclonal antibodies, vaccines, and other samples. In 2018, the monoclonal antibodies segment is expected to account for the largest share of the global hydrophobic interaction chromatography market. This large share of this segment is attributed to increasing application of mAbs in autoimmune disorders, CVD, infectious diseases, and cancer.

In 2018, 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 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.