The protein A resin market size is largely dominated by large multinational manufactures who are competing on the basis of product development strategies, such as increased functionality & customisation, and quality-based parameters, such as purity & others, in the protein A resin market. The consolidated nature of the protein A resin market increases the price and the profitability of the business. Players face limited competition and have focused on distribution efficiencies and quality to reap the gains of high price and to avoid hurting the total market by engaging in price competition.
However, the limited competition in the global protein A resin market size has hampered the volume growth of the protein A resin market. Large players also benefit from their specialised supply chain and large marketing platform over the protein A resin products manufactured by smaller regional companies, and this has increased the revenue opportunities for global manufacturers in protein A resin market. Companies operating in protein A resin, such as General Electric Company, GenScript, Novasep, Thermo Fisher Scientific Inc. and Merck Millipore, hold a major revenue share in the global protein A resin market.
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