세계의 다운스트림 가공 시장 : 산업 규모, 점유율, 동향, 기회, 예측, 제품별, 기술별, 용도별, 지역별, 경쟁별(2019-2029년)

Global Downstream Processing Market was valued at USD 31.23 Billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 6.52% through 2029. The Global Downstream Processing Market refers to the industry that involves the purification and separation of biopharmaceutical products and other bio-based products after they have been produced through fermentation or cell culture processes. This critical stage in biopharmaceutical and biotechnology production is focused on refining the desired products, removing impurities, and preparing them for distribution and use. The downstream processing market has experienced significant growth due to the increasing demand for biopharmaceuticals, such as vaccines, monoclonal antibodies, and other therapeutic proteins, which are produced through advanced biotechnological methods. These products often require complex purification and separation techniques to ensure high purity and potency.

Key Market Drivers

Rising Demand for Biopharmaceuticals

The landscape of healthcare is undergoing a remarkable transformation, with biopharmaceuticals taking center stage as a new era of personalized and precision medicine dawns. Biopharmaceuticals, including vaccines, monoclonal antibodies, and recombinant proteins, have demonstrated unprecedented potential in treating complex diseases with greater specificity and efficacy. As the demand for these advanced therapies surges, so does the significance of downstream processing - the crucial phase responsible for refining and purifying biopharmaceutical products. The burgeoning demand for biopharmaceuticals is a result of their unique ability to target specific disease mechanisms while minimizing adverse effects on healthy cells. These intricate molecules are manufactured using living cells and complex biological processes, making downstream processing an indispensable step to ensure the safety, purity, and potency of the final product. Biopharmaceuticals must undergo rigorous purification to eliminate impurities, contaminants, and unwanted by-products generated during the production process. Downstream processing is pivotal in this endeavor, ensuring that the end product meets strict regulatory standards for safety and efficacy. As the demand for safer and more effective therapies intensifies, the role of downstream processing becomes increasingly crucial. The complexity of biopharmaceuticals presents a unique set of challenges in their production, requiring sophisticated purification methods. Monoclonal antibodies, for example, consist of large protein structures with multiple glycosylation patterns. Downstream processing technologies, such as chromatography and filtration, are tailored to effectively separate and purify these complex molecules, driving the need for specialized equipment and expertise. The era of personalized medicine is upon us, wherein treatments are tailored to individual patients' genetic makeup and disease profiles. Biopharmaceuticals are at the forefront of this revolution, as they offer the potential to create therapies that are uniquely suited to each patient. Consequently, the demand for downstream processing solutions that can accommodate diverse and customized production processes is on the rise. The demand for biopharmaceuticals is not limited to developed markets; emerging economies are also witnessing a surge in demand for these advanced therapies. Diseases that were once deemed regional are now global concerns, necessitating the need for efficient production and distribution of biopharmaceuticals. Downstream processing technology plays a pivotal role in ensuring that these products are accessible and affordable on a global scale.

Technological Advancements

The realm of biopharmaceuticals and biotechnology is evolving at an unprecedented pace, driven by breakthroughs in science and technology. At the heart of this revolution lies downstream processing, a pivotal phase that refines and purifies biopharmaceutical products to meet the rigorous standards of safety, efficacy, and quality. Technological advancements have enabled the implementation of high-throughput screening techniques in downstream processing. These methods allow for the rapid evaluation of various purification strategies, resulting in the identification of optimal conditions for product recovery and purification. Through automation and advanced analytics, biopharmaceutical companies can streamline their processes, reduce production timelines, and enhance overall efficiency. Traditional stainless-steel equipment has been replaced by single-use systems, which offer greater flexibility and cost-efficiency. These disposable systems eliminate the need for extensive cleaning and validation processes between batches, resulting in shorter turnaround times and reduced cross-contamination risks. Single-use technologies are contributing to the scalability of downstream processing operations and making it easier for companies to adapt to changing production demands. The adoption of continuous processing in downstream operations is revolutionizing the industry by minimizing downtime, reducing resource consumption, and increasing productivity. Continuous chromatography, for instance, allows for the continuous separation of biomolecules, eliminating the need for multiple batch-based processes. This leads to reduced production costs and faster product development cycles, thereby accelerating time-to-market for biopharmaceuticals. Chromatography, a cornerstone of downstream processing, has evolved significantly with the introduction of novel stationary phases, resins, and ligands. These advancements enable improved separation and purification of complex biomolecules. Multimodal chromatography, affinity chromatography, and high-resolution techniques are now available, allowing for better resolution of impurities and higher product purity.

Expansion of Biopharmaceutical Production Facilities

The biopharmaceutical industry is experiencing a period of unprecedented growth and innovation, driven by the demand for advanced therapies and groundbreaking treatments. Central to this expansion is the rapid growth of biopharmaceutical production facilities. As these facilities multiply in number and scale, the Global Downstream Processing Market is witnessing a remarkable surge in demand. The ever-increasing demand for biopharmaceutical products, including monoclonal antibodies, vaccines, and gene therapies, has prompted companies to expand their production capabilities. With the global population growing and the prevalence of chronic diseases on the rise, biopharmaceuticals offer targeted and effective treatments. The expansion of production facilities allows companies to produce larger quantities of these therapies, in turn driving the need for efficient and scalable downstream processing solutions. Biopharmaceuticals are not limited by geographic boundaries - diseases and health challenges transcend borders. The expansion of production facilities is not only about catering to local demand but also about ensuring global accessibility to life-saving therapies. As facilities expand to reach diverse markets, the downstream processing market experiences increased demand for technologies that can handle larger volumes and maintain product quality on a global scale. The expansion of biopharmaceutical production facilities often accompanies an increased focus on research and development. Companies are investing in developing innovative therapies and diversifying their product portfolios. These new products may have unique properties, making downstream processing more complex and specialized. This prompts the downstream processing market to evolve and provide tailored solutions to handle diverse products and processes.

Key Market Challenges

Cost Pressures

The cost of downstream processing can be substantial due to the need for specialized equipment, skilled labor, and consumables. As the biopharmaceutical industry strives for cost-effective production methods, downstream processing must find ways to balance quality, efficiency, and affordability.

Process Complexity

Biopharmaceutical products are becoming increasingly complex, featuring intricate molecular structures, post-translational modifications, and variations in glycosylation patterns. Adapting downstream processing methods to accommodate these complexities while maintaining product integrity presents a significant challenge.

Scalability Concerns

With growing demand, biopharmaceutical production facilities are scaling up to meet global needs. Ensuring that downstream processing operations can seamlessly scale while maintaining consistent product quality poses a challenge. Maintaining high yields and purity at larger volumes requires careful optimization and validation.

Continuous Processing Adoption

While continuous processing has gained traction in upstream operations, its adoption in downstream processing has been slower. Integrating continuous processing into downstream operations requires process redesign, optimization, and overcoming operational challenges.

Key Market Trends

Advanced Chromatography Techniques

Chromatography remains a cornerstone of downstream processing. Emerging trends in this field include the utilization of multimodal chromatography, which allows for improved separation and purification of complex biomolecules. High-resolution chromatography techniques and mixed-mode resins are also gaining traction, enabling enhanced purification efficiency and higher product yields.

Single-Use Systems Expansion

Single-use systems are becoming increasingly prevalent in downstream processing due to their flexibility, reduced risk of cross-contamination, and streamlined operational processes. As these systems continue to evolve, they are likely to play a pivotal role in the expansion and adaptability of biopharmaceutical production facilities.

Automation and Digitalization

Automation and digitalization are poised to revolutionize downstream processing operations. Real-time monitoring, process control, and data analytics enable improved process understanding, rapid decision-making, and enhanced product quality. Machine learning and artificial intelligence applications can optimize processes further, leading to improved efficiency and cost-effectiveness.

Multi-Modal Approaches

A trend towards combining multiple purification technologies to achieve optimal separation and purification results is emerging. These multi-modal approaches can enhance the resolution of complex mixtures and reduce the need for multiple purification steps, streamlining the overall process.

Segmental Insights

Product Insights

In 2023, the global downstream processing market was dominated by the chromatography systems and is predicted to expand over the coming years. The growth of this segment is expected to be driven by continuous research and development efforts to enhance the efficiency and throughput of chromatography systems. The filters segment is projected to grow at the fastest CAGR between 2024 and 2029. The increasing use of filters for virus inactivation is the primary driver of this downstream processing market. The segment is projected to experience the highest compound annual growth rate (CAGR). Chromatography systems enable the separation, purification, and concentration of target biomolecules, such as proteins, antibodies, enzymes, and nucleic acids, from complex mixtures of cellular debris, media components, and impurities.

Chromatography offers unparalleled selectivity and resolution for separating biomolecules based on their physicochemical properties, such as size, charge, hydrophobicity, and affinity. This allows for precise control over the purification process, ensuring the removal of contaminants and impurities while retaining the target molecule in its native form and activity.

Technique Insights

In 2023, the global downstream processing market was dominated by purification by chromatography segment and is predicted to expand over the coming years. Single use chromatography (SUC) and filtration are considered the gold standard in downstream bioproducts, which is why companies are adopting business development strategies like acquisition, mergers, and agreements to expand their chromatography portfolios. Solid-liquid separation is projected to have the highest CAGR. Solid-liquid separation offers several benefits such as simplicity, cost-effectiveness, and continuous mode manufacturing. Chromatography systems offer high selectivity, resolution, and purification efficiency, enabling the isolation of target molecules with high purity and yield.

Chromatography systems are versatile and adaptable to a wide range of biopharmaceutical processes, including monoclonal antibody production, recombinant protein expression, vaccine manufacturing, and gene therapy. Different chromatography techniques, such as affinity chromatography, ion exchange chromatography, size exclusion chromatography, and hydrophobic interaction chromatography, can be employed at various stages of downstream processing to achieve specific purification goals and meet regulatory requirements. Chromatography systems are characterized by their scalability, throughput, and automation capabilities, making them suitable for both laboratory-scale research and large-scale production. Manufacturers offer a diverse range of chromatography platforms, including packed-bed columns, membrane chromatography, and high-throughput systems, to accommodate different process scales and production volumes.

Regional Insights

The North America region has established itself as the leader in the global Downstream Processing market. North America dominated the downstream processing market with the highest revenue share in 2023 due to government support for bioprocess technology, increasing healthcare spending, and well-developed healthcare infrastructure. The region also witnessed significant collaborations with leading healthcare companies that are investing heavily in the research and development of biopharma products and vaccines. Key players in the downstream processing market are also increasing their presence in the region. North America boasts a highly skilled workforce comprising scientists, engineers, and technicians with expertise in bioprocess engineering, chromatography, filtration, purification, and quality control. These professionals contribute to the development, optimization, and scale-up of downstream processing techniques and technologies, driving continuous improvements in efficiency, productivity, and product quality.

North America benefits from significant investments in biopharmaceutical research, infrastructure, and technology development. The region attracts substantial funding from government agencies, venture capital firms, and private investors to support bioprocess innovation, facility expansion, and technology commercialization. This investment ecosystem fosters a culture of entrepreneurship, collaboration, and innovation, enabling North American companies to pioneer new downstream processing solutions and bring them to market.

Key Market Players

Merck KGaA

Sartorius AG

GE HealthCare Technologies, Inc.

Thermo Fisher Scientific Inc

Danaher Corp.

Repligen Corp.

3M Company

Boehringer Ingelheim International GmbH

Corning Inc.

Lonza Group AG

Report Scope:

In this report, the Global Downstream Processing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Downstream Processing Market, By Product:

Chromatography Systems Filters Evaporators Centrifuges Dryers Others

Downstream Processing Market, By Technique:

Cell Disruption Solid-liquid Separation (Filtration, Centrifugation) Concentration (Evaporation, Membrane filtration) Purification by Chromatography Formulation Others

Downstream Processing Market, By Application:

Antibiotic Production Hormone Production Antibodies Production Enzyme Production Vaccine Production Others

Downstream Processing Market, By Region:

North America
• United States
• Canada
• Mexico
Europe
• France
• Germany
• United Kingdom
• Italy
• Spain
Asia-Pacific
• China
• India
• South Korea
• Japan
• Australia
South America
• Brazil
• Argentina
• Colombia
Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Downstream Processing Market.

Available Customizations:

Global Downstream Processing Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Downstream Processing Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Product (Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, Others)
  • 5.2.2. By Technique (Cell Disruption, Solid-liquid Separation (Filtration, Centrifugation), Concentration (Evaporation, Membrane filtration), Purification by Chromatography, Formulation, Others)
  • 5.2.3. By Application (Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, Vaccine Production, Others)
  • 5.2.4. By Region
  • 5.2.5. By Company (2023)
• 5.3. Market Map

6. North America Downstream Processing Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Product (Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, Others)
  • 6.2.2. By Technique (Cell Disruption, Solid-liquid Separation (Filtration, Centrifugation), Concentration (Evaporation, Membrane filtration), Purification by Chromatography, Formulation, Others)
  • 6.2.3. By Application (Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, Vaccine Production, Others)
  • 6.2.4. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Downstream Processing Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product
      • 6.3.1.2.2. By Technique
      • 6.3.1.2.3. By Application
  • 6.3.2. Canada Downstream Processing Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product
      • 6.3.2.2.2. By Technique
      • 6.3.2.2.3. By Application
  • 6.3.3. Mexico Downstream Processing Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product
      • 6.3.3.2.2. By Technique
      • 6.3.3.2.3. By Application

7. Europe Downstream Processing Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Product (Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, Others)
  • 7.2.2. By Technique (Cell Disruption, Solid-liquid Separation (Filtration, Centrifugation), Concentration (Evaporation, Membrane filtration), Purification by Chromatography, Formulation, Others)
  • 7.2.3. By Application (Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, Vaccine Production, Others)
  • 7.2.4. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. France Downstream Processing Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product
      • 7.3.1.2.2. By Technique
      • 7.3.1.2.3. By Application
  • 7.3.2. Germany Downstream Processing Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product
      • 7.3.2.2.2. By Technique
      • 7.3.2.2.3. By Application
  • 7.3.3. United Kingdom Downstream Processing Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product
      • 7.3.3.2.2. By Technique
      • 7.3.3.2.3. By Application
  • 7.3.4. Italy Downstream Processing Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product
      • 7.3.4.2.2. By Technique
      • 7.3.4.2.3. By Application
  • 7.3.5. Spain Downstream Processing Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product
      • 7.3.5.2.2. By Technique
      • 7.3.5.2.3. By Application

8. Asia-Pacific Downstream Processing Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Product (Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, Others)
  • 8.2.2. By Technique (Cell Disruption, Solid-liquid Separation (Filtration, Centrifugation), Concentration (Evaporation, Membrane filtration), Purification by Chromatography, Formulation)
  • 8.2.3. By Application (Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, Vaccine Production)
  • 8.2.4. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Downstream Processing Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product
      • 8.3.1.2.2. By Technique
      • 8.3.1.2.3. By Application
  • 8.3.2. India Downstream Processing Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product
      • 8.3.2.2.2. By Technique
      • 8.3.2.2.3. By Application
  • 8.3.3. South Korea Downstream Processing Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product
      • 8.3.3.2.2. By Technique
      • 8.3.3.2.3. By Application
  • 8.3.4. Japan Downstream Processing Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product
      • 8.3.4.2.2. By Technique
      • 8.3.4.2.3. By Application
  • 8.3.5. Australia Downstream Processing Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product
      • 8.3.5.2.2. By Technique
      • 8.3.5.2.3. By Application

9. South America Downstream Processing Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Product (Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, Others)
  • 9.2.2. By Technique (Cell Disruption, Solid-liquid Separation (Filtration, Centrifugation), Concentration (Evaporation, Membrane filtration), Purification by Chromatography, Formulation, Others)
  • 9.2.3. By Application (Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, Vaccine Production, Others)
  • 9.2.4. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Downstream Processing Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product
      • 9.3.1.2.2. By Technique
      • 9.3.1.2.3. By Application
  • 9.3.2. Argentina Downstream Processing Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product
      • 9.3.2.2.2. By Technique
      • 9.3.2.2.3. By Application
  • 9.3.3. Colombia Downstream Processing Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Product
      • 9.3.3.2.2. By Technique
      • 9.3.3.2.3. By Application

10. Middle East and Africa Downstream Processing Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Product (Chromatography Systems, Filters, Evaporators, Centrifuges, Dryers, Others)
  • 10.2.2. By Technique (Cell Disruption, Solid-liquid Separation (Filtration, Centrifugation), Concentration (Evaporation, Membrane filtration), Purification by Chromatography, Formulation, Others)
  • 10.2.3. By Application (Antibiotic Production, Hormone Production, Antibodies Production, Enzyme Production, Vaccine Production, Others)
  • 10.2.4. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Downstream Processing Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product
      • 10.3.1.2.2. By Technique
      • 10.3.1.2.3. By Application
  • 10.3.2. Saudi Arabia Downstream Processing Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product
      • 10.3.2.2.2. By Technique
      • 10.3.2.2.3. By Application
  • 10.3.3. UAE Downstream Processing Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product
      • 10.3.3.2.2. By Technique
      • 10.3.3.2.3. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Recent Developments
• 12.2. Product Launches
• 12.3. Mergers & Acquisitions

13. Porter's Five Forces Analysis

• 13.1. Competition in the Industry
• 13.2. Potential of New Entrants
• 13.3. Power of Suppliers
• 13.4. Power of Customers
• 13.5. Threat of Substitute Product

14. Competitive Landscape

• 14.1. Merck KGaA
  • 14.1.1. Business Overview
  • 14.1.2. Company Snapshot
  • 14.1.3. Products & Services
  • 14.1.4. Financials (As Reported)
  • 14.1.5. Recent Developments
  • 14.1.6. Key Personnel Details
  • 14.1.7. SWOT Analysis
• 14.2. Sartorius AG
• 14.3. GE HealthCare Technologies, Inc.
• 14.4. Thermo Fisher Scientific Inc
• 14.5. Danaher Corp.
• 14.6. Repligen Corp.
• 14.7. 3M Company
• 14.8. Boehringer Ingelheim International GmbH
• 14.9. Corning Inc.
• 14.10. Lonza Group AG

15. Strategic Recommendations

16. About Us & Disclaimer