Chiral Chemicals Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2023

1
(No Transcript)
2
Chiral Chemicals Market Research Report- Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
REQUEST SAMPLE
VIEW REPORTS
3
Chiral Chemicals Market - 2023
Global Chiral Chemicals Market
Information By Technology (Traditional Separation
Method, Asymmetric Preparation Method, Biological
Separation Method), Application (Pharmaceutical,
Agrochemical, Flavors And Fragrances, Others),
And Region- Forecast To 2023 Synopsis of the
Global chiral chemicals market The chiral
compounds are comprised of carbon atom at center
attached to four different substitutes. The right
hand and left-hand configurations are called as
enantiomers. Moreover, the stereocenter of the
chiral molecule may not be an only carbon atom
it may also consist of tetravalent phosphorus and
trivalent sulfur compounds. Enantiomers possess
same physical properties, but the difference
exists in the direction of rotation.
Commercially, the separation of enantiomers is
difficult and usually separated by different
processing methods such as a traditional,
asymmetric, and biological method. The global
chiral chemicals market is projected to expand at
a CAGR of 13.67 to be USD 96,894.20 million till
2023. The protuberant factors favoring the growth
of the global chiral chemicals market are
increasing demand for chiral chemicals in
pharmaceutical application along with growing
agrochemicals industries in emerging market.
Additionally, increasing product penetration
among agrochemical industry is also expected to
drive the market growth. Moreover, expansions and
investments in chiral chemicals coupled with
research developments by major key players are
expected to provide opportunities across the
value chain. Furthermore, an advent of
bio-catalytic synthesis of the chiral chemical
also expected to open new avenues to market
players. However, stringent government
regulations and environmental issues concerned
with the chiral pesticides are likely to hamper
the growth of the market over the forecast
period.
4
Chiral Chemicals Market - 2023
Regional Analysis The global chiral chemicals
market is spanned across major regions namely
North America, Asia Pacific, Europe, the Middle
East Africa, and Latin America. Among these
regions, North America accounted for the largest
share of the market, as of 2016. Yet in the
coming years, Asia Pacific region is estimated to
grow at the highest CAGR of 17.56 during the
review period. The growth trend in this regional
market is primarily attributed to the rapid
urbanization and swift industrialization of the
developing economies in this region and presence
of a considerable number of significant market
players mingled with increasing research and
development. Asia Pacific region is followed by
North America, which accounted for the largest
market share, as of 2016, is estimated to reach
USD 32,025.3 million by the end of the review
period. The U.S accounted for the largest share
of the regional market. In the coming years, the
country is anticipated to retain its dominance
due to the significant presence of the major
end-use industries such as foods beverages and
pharmaceuticals. Europe is an important region
in the global chiral chemicals market, which held
a considerable market share of 28 in 2016. Among
the major western European markets, Germany is
the substantial contributor to the regional
market. Following Europe, the Middle East
Africa and Latin America are estimated to grow at
a moderate rate during the forecast
period. Segmentation The global chiral
chemicals market is segmented on the basis of
technology, application, and region. On the
basis of technology, the market is categorized
into traditional separation method, asymmetric
preparation method, and biological separation
method. By the application, the market is
divided into pharmaceutical, agrochemical,
flavors, and fragrances, among others. Regionally
, the global chiral chemicals market is segmented
into North America, Asia Pacific, Europe, the
Middle East Africa, and Latin America.
5
Chiral Chemicals Market - 2023
Key Players The prominent players in the global
chiral chemicals market are BASF SE (Germany),
Solvias AG (Switzerland), Strem Chemicals, Inc
(U.S.), Johnson Matthey Plc (U.K.), W. R. Grace
Co.-Conn (U.S.), Chiral Quest (Suzhou) Co.,Ltd
(China), Tyche Industries Limited (India),
Nanjing Legend Pharmaceutical (China), The Dow
Chemical Company (U.S.), and Flamma S.p.An
(Italy), among others. Key Findings The global
chiral chemicals market is projected to reach USD
96,894.20 million by the end of 2023, by
expanding at a CAGR of 13.67. Based on the
region, Asia Pacific is estimated to grow at the
highest CAGR of 17.56. This is attributed to the
growing urbanization and rapid industrialization
in the emerging economies in this region. North
American region accounted for the largest share
due to growing pharmaceutical industries and
rising investment in RD by major market players.
Country-wise, China is the largest market in the
globe. By technology, traditional separation
method accounts for the largest market share of
48 in 2016 with a market value of USD 46,118.1
million. The pharmaceuticals segment accounted
for the largest market share in 2016, while the
agrochemicals application segment is estimated to
grow at the highest CAGR. Geographic
Analysis The global chiral chemicals market is
projected to grow at a CAGR of 13.67 during the
review period 2017-2023. North America accounted
for the largest share due to the growth of major
end users in the region. Pharmaceuticals segment
is likely to dominate the global chiral chemicals
market during the review period.
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
(No Transcript)