San Francisco, 7 January 2019: The Report Chiral Chemicals Market Analysis By Technology (Traditional Separation Method,
Asymmetric Preparation Method [Asymmetric Synthesis Method, Asymmetric
Catalysis Method], Biological Separation Method), By Application
(Pharmaceuticals, Agrochemicals, Flavors/Fragrances) And Segment Forecasts To
2024
 |
| Chiral Chemicals Market |
The global chiral chemicals market is expected to reach USD 119.72 billion by 2024,
according to a new report by Grand View Research, Inc. Rising population
coupled with increasing demand for better healthcare facilities is expected to
have a positive impact on the demand over the forecast period. In addition,
increasing government support towards the development of pharmaceutical
manufacturing in developing economies is likely to augment the demand over the
coming years.
The number of patents related to pesticides
and crop protection chemicals manufactured using chiral chemicals has been
increasing at a rapid pace. Regulatory agencies have become more vigilant on
account of increasing applications of chiral chemicals in agrochemicals. This
has led to increasing government focus towards development of policies for
proper consumption of the product in the agriculture industry. The
Environmental Fate and Effects Division gathers data regarding stereoisomeric
pesticide compounds to determine their toxicity and also prevent the harm
caused by enriched mixtures.
Access Research Report
of Chiral Chemicals Market@ www.grandviewresearch.com/industry-analysis/chiral-chemicals-market
Further key findings from the report suggest:
· Traditional separation technology is
anticipated to witness a CAGR of about 12.0% from 2016 to 2024. Extensive
R&D towards gas chromatography is anticipated to propel the market growth
over the forecast period.
· The asymmetric synthesis method is likely
to witness a CAGR of over 13% from 2016 to 2024 on account of the low cost of
the reagents and auxiliaries used. However, low yield from this process is
anticipated to restrain the market development over the next eight years.
· Flavors and fragrances application is
anticipated to witness considerable growth over the forecast period. Chiral
chemicals possess different fragrances in its diverse optical forms which are
increasingly being utilized by the cosmetics companies.
· Latin America is anticipated to witness
above average growth rate on account of increasing pharmaceutical manufacturing
in Brazil & Argentina. Supportive regulatory policies and infrastructure
development in the region is likely to support the pharmaceutical manufacturing
in the region, thereby propelling the demand for chiral chemicals over the
forecast period.
· The global distributors have established
joint agreements with local manufacturers to facilitate the supply of chiral
chemicals in the respective countries. The emergence of e-commerce as a
distribution channel is also impacting the market as numerous end-use
industries prefer this channel to get samples and product related information.
Basic Chemical Solutions, PRINOVA, and Petrochem Middle East are some of the
key product suppliers.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/agrochemicals-and-fertilizers
Grand View Research has segmented the
global chiral chemicals market on the basis of technology, application, and
region:
Technology Outlook (Revenue, USD Million,
2013 - 2024)
·
Traditional Separation Method
·
Asymmetric Preparation Method
·
Biological Separation Method
·
Other Separation Methods
Application Outlook (Revenue, USD Million,
2013 - 2024)
·
Pharmaceuticals
·
Agrochemicals
·
Flavors/Fragrances
·
Other Applications
Regional Outlook (Revenue, USD Million,
2013 - 2024)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
MEA
Access Press Release of
Chiral Chemicals Market@ www.grandviewresearch.com/press-release/global-chiral-chemicals-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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