MarketResearch.biz delivers in-depth insights on the global chiral chemicals market in its upcoming report titled, “Global Chiral Chemicals Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global chiral chemicals market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global chiral chemicals market report has been segmented on the basis of technology, application, and region.
Chiral compounds consist of carbon atoms at center and attached to four other substitutes. Chiral molecules occur in two mirror images which are non-superimposable same has left and right hand. The right hand and left hand configurations are called as enantiomers. Chiral agents are used in pharmaceuticals and crop protection agents like fungicides, herbicides, and insecticides.
Increasing government focus towards pharmaceutical manufacturing coupled with increasing investments by the manufacturers in the developing economies is expected to drive the growth of global chiral chemicals market over the forecast period. Increasing penetration of chiral chemicals in agrochemicals is another factor driving the market growth. Moreover, expansions and investments in chiral chemicals along with growing number of research & developments activities by key players in the market are expected to provide opportunities to new entrants in the market over the forecast period.
On the basis of technology, traditional separation method segment is expected to account the major share of the market revenue and is estimated to dominate the market growth over the forecast period. Traditional separation method comprises of methods such as resolution of racemates and separation of isomers after conversion into diastereomers. Chromatographic methods, such as high-pressure liquid chromatography (HPLC), gas chromatography (GC), and thin-layer chromatography (TLC) are increasingly used for separation of enantiomers which is expected to drive the market growth for traditional separation segment.
Pharmaceuticals is expected to be major application segment in the global chiral chemicals market. Growing demand for enantiomerically pure products in pharmaceutical products is estimated to drive the demand for chiral chemicals in pharmaceutical application. Most of the drugs existing today use chiral molecules or compounds.
North America is expected to account the major share of the market and is estimated to maintain its dominance over the forecast period. Presence of a large number of manufacturers in the region is expected to fuel the market growth. Increasing focus of pharmaceutical companies in US and Mexico coupled with growing demand for naturally derived fragrances in the region is anticipated to propel the chiral chemicals market growth over the forecast period in the region.
Market segmentation and key players operating in the global chiral chemicals market:
- Traditional separation method
- Asymmetric preparation method
- Flavors & fragrances
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- The Dow Chemical Company
- BASF SE
- R. Grace & Co.
- Johnson Matthey PLC
- Chiral Technologies
- Chiral Quest (Suzhou) Co., Ltd
- Merck KGaA
- Tyche Industries Limited
- Strem Chemicals, Inc
- Chiracon GmbH
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