Chiral Chemicals Market Size 2022-2030
Market Research Future (MRFR) has published a report stating that the global chiral chemicals market is marked to expand at remarkably at a CAGR of 13.67% and reach the market valuation of USD 96,894.20 Mn till forecast. chiral chemicals are extensively utilized in pharmaceutical industry for drug development.
Key Players:
The major players profiled by MRFR that are operating in the global chiral chemicals market are ASF SE (Germany), Solvias AG (Switzerland), Strem Chemicals, Inc (the U.S.), Johnson Matthey Plc (the U.K.), W. R. Grace Co.-Conn (the U.S.), Tyche Industries Limited (India), Chiral Quest (Suzhou) Co.,Ltd (China), Nanjing Legend Pharmaceutical (China), The Dow Chemical Company (the U.S.), Flamma S.p.A (Italy), and others.
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Hence, rise in demand for these chemicals in rapidly expanding pharmaceutical industry is majorly favoring the growth of the global chiral chemicals market. Increasing application of chiral chemicals for manufacturing agrochemicals and growing product penetration in agrochemical industry are propelling the growth of the global chiral chemicals market. The players in the global chiral chemicals market are increasing their investment for research and development activities in order to identify new application areas of chiral compounds and develop advanced drugs from these chemicals. This has created multiple growth opportunities for the global chiral chemicals market. The advent of bio-catalytic synthesis of chiral compounds is also contributing to the expansion of the global chiral chemicals market. However, concerns regarding the adverse environmental effects caused by chiral pesticides and stringent regulatory framework regarding the production of these chemicals are likely to act as restraining factors on the expansion of the global chiral chemicals market.
Market Segmentation:
The global chiral chemicals market has been segmented on the basis of technology and application. Based on technology, the chiral chemicals market has been segmented into traditional separation method, asymmetric preparation method, and biological separation method. Based on application, the global chiral chemicals market has been segmented into pharmaceutical, agrochemical, flavors, fragrances, and others. The pharmaceutical segment commands for the major share in the global chiral chemicals market owing to the high demand for chiral chemicals in pharmaceutical industry as a result of increased research and development for introduction of new and advanced drugs and medications in the global market
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Regional Analysis:
Geographically the global chiral chemicals market has been segmented into five major regions such as North America, Latin America, Asia Pacific, Europe and the Middle East and Africa. The Chiral Chemicals Market Size in the North America region commanded for the largest market share in the year 2016 and is forecasted to reach the valuation of USD 32,025.3 Mn by the end of the assessment period. Proliferation of major end-use industries such as pharmaceuticals and food and beverages are contributing to the significant growth of the chiral chemicals market in the North America region. The Asia Pacific region is projecting significant growth in the global chiral chemicals market and is forecasted to expand at a remarkable CAGR of 17.56% during the assessment period. Rapid industrialization and large-scale production of chiral chemicals due to the low cost of raw materials are propelling the growth of the chiral chemicals market in the Asia Pacific region. The Europe region commanded for the considerable market share of 28% in the global chiral chemicals market during the year 2016. Germany is considered to be the substantial contributor to the growth of the chiral chemicals market in the Europe region. The Middle East and Africa and Latin America regions are projecting moderate growth in the global chiral chemicals market during the forecast period.
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Table of Content
1 Report Prologue
1 Scope Of The Report
2.1 Market Definition 12
2.2 Scope Of The Study 12
2.2.1 Research Objectives 12
2.2.2 Assumptions 13
2.2.3 Limitations 13
2.3 Markets Structure 13
1 Research Methodology
3.1 Research Process 14
3.2 Primary Research 15
3.3 Secondary Research 15
3.4 Market Size Estimation 15
1 Market Dynamics
4.1 Introduction 18
4.2 Drivers 19
4.2.1 Rising Demand Of Chiral Chemicals In Pharmaceutical Application 19
4.2.2 Growing Pharmaceutical Industries In Emerging Economies. 20
4.2.3 Increasing Demand Of Chiral Chemical In Agrochemical Industry 21
4.3 Restraint 22
4.3.1 Environmental Issues Related To Use Of Chiral Pesticides 22
4.4 Opportunities 23
4.4.1 Key Players In This Market Are Focusing On R D For Increasing Application Scope For Chiral Chemical. 23
4.4.2 Biocatalytic Synthesis Of Chiral Chemical Provides New Avenues For Market Players. 23
1 Market Factor Analysis
5.1 Supply Chain Analysis 24
5.1.1 Raw Material Suppliers 25
5.1.2 Chiral Chemicals Producers 25
5.1.3 Chiral Chemicals Distributors 25
5.1.4 End User 26
5.2 Porter's 5 Forces Analysis 27
5.2.1 Threat Of New Entrants 27
5.2.2 Threat Of Rivalry 27
5.2.3 Threat Of Substitute 27
5.2.4 Bargaining Power Of Supplier 27
5.2.5 Bargaining Power Of Buyer 28
1 Global Chiral Chemicals Market, By Technology
6.1 Introduction 29
6.2 Traditional Separation Method 31
6.3 Asymmetric Preparation Method 31
6.4 Biological Separation Method 32
1 Global Chiral Chemicals Market, By Application
7.1 Introduction 33
7.2 Pharmaceutical 34
7.3 Agrochemical 35
7.4 Flavors And Fragrances 36
7.5 Others 37
1 Global Chiral Chemicals Market, By Region
8.1 Introduction 38
8.2 North America 40
8.2.1 US 42
8.2.2 Canada 43
8.3 Europe 44
8.3.1 Germany 45
8.3.2 UK 46
8.3.3 France 47
8.3.4 Switzerland 48
8.3.5 Italy 49
8.3.6 Russia 50
8.3.7 Rest Of Europe 51
8.4 Asia Pacific 53
8.4.1 China 54
8.4.2 Japan 55
8.4.3 India 56
8.4.4 Rest Of Asia Pacific 57
8.5 Latin America 59
8.5.1 Brazil 60
8.5.2 Mexico 61
8.5.3 Rest Of Latin America 62
8.6 Middle East Africa 64
8.6.1 Turkey 65
8.6.2 Israel 66
8.6.3 G.C.C 67
8.6.4 North Africa 68
8.6.5 Rest Of Middle East Africa 69
1 Competitive Landscape
9.1 Introduction 71
9.2 Key Development Strategies 72
1 Company Profiles
10.1 BASF SE 73
10.1.1 Company Overview 73
10.1.2 Financials 73
10.1.3 Products 73
10.1.4 Strategy 73
10.1.5 Key Developments 73
10.2 Solvias AG 74
10.2.1 Company Overview 74
10.2.2 Financials 74
10.2.3 Products 74
10.2.4 Strategy 74
10.2.5 Key Developments 74
10.3 Strem Chemicals, Inc. 75
10.3.1 Company Overview 75
10.3.2 Financials 75
10.3.3 Products 75
10.3.4 Strategy 75
10.3.5 Key Developments 75
10.4 Johnson Matthey Plc 76
10.4.1 Company Overview 76
10.4.2 Financials 76
10.4.3 Products 76
10.4.4 Strategy 76
10.4.5 Key Developments 76
10.5 W. R. Grace Co.-Conn. 77
10.5.1 Company Overview 77
10.5.2 Financials 77
10.5.3 Products 77
10.5.4 Strategy 77
10.5.5 Key Developments 77
10.6 Chiral Quest (Suzhou) Co.,Ltd 78
10.6.1 Company Overview 78
10.6.2 Financials 78
10.6.3 Products 78
10.6.4 Strategy 78
10.6.5 Key Developments 78
10.7 Tyche Industries Limited 79
10.7.1 Company Overview 79
10.7.2 Financials 79
10.7.3 Products 79
10.7.4 Strategy 79
10.7.5 Key Developments 79
10.8 Nanjing Legend Pharmaceutical 80
10.8.1 Company Overview 80
10.8.2 Financials 80
10.8.3 Products 80
10.8.4 Strategy 80
10.8.5 Key Developments 80
10.9 The Dow Chemical Company 81
10.9.1 Company Overview 81
10.9.2 Financials 81
10.9.3 Products 81
10.9.4 Strategy 81
10.9.5 Key Developments 81
10.10 Flamma S.P.A. 82
10.10.1 Company Overview 82
10.10.2 Financials 82
10.10.3 Products 82
10.10.4 Strategy 82
10.10.5 Key Developments 82
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