Market Overview:
The global chiral chemicals market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for chiral chemicals in pharmaceuticals, agrochemicals, and flavors/fragrances industries. In addition, the growing awareness about the benefits of using chiral chemicals is also contributing to the growth of this market. The traditional separation method segment is expected to dominate the global chiral chemicals market during the forecast period. This segment accounted for more than two-thirds of the total share in 2017 and is projected to maintain its dominance during 2018-2030 owing to its low cost and easy availability.
Product Definition:
Chiral chemicals are molecules that have a handedness, meaning they can exist in two different forms that are mirror images of each other. Chiral molecules are important because they can often interact with other chiral molecules in unique ways, leading to different biological effects than those seen with non-chiral molecules. Many drugs and pharmaceuticals are chiral, as well as many natural products.
Traditional Separation Method:
Traditional Separation Method is a separation process in which chiral compounds are extracted from a mixture of enantiomers or diastereomers by fractionation using crystallization, chromatography, and/or micelles. The method has been used for centuries and is one of the oldest separation methods known to man. However, it has certain disadvantages such as low yield and high cost which have led to the development of alternative methods such as resolution through synthesis or resolution through chiral pooling.
Asymmetric Preparation Method:
Asymmetric preparation method is used to prepare chiral chemicals in which the enantiomers or diastereomers have a different molecular formula and chemical structure. The process involves synthesis of pure materials in racemic mixtures, followed by separation into optical isomeric forms. Optical activity can be attributed to the difference in bond angles between enantiomers; this property allows separation of these compounds using conventional techniques such as fractionation or crystallization.
Application Insights:
The pharmaceuticals segment dominated the global chiral chemicals market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing demand for active pharmaceutical ingredients (API) which are used in various medicines. Moreover, growing health consciousness among people across the globe has increased the scope of supplements and natural health products, thereby driving demand for chiral compounds used as additives in these products.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is mainly attributed to China and India. In 2016, these countries accounted for approximately 50% of global population and 25% of global GDP respectively. Thus, it can be concluded that a large consumer base with high economic development provides an opportunity for chiral chemicals in Asia Pacific market space.
The pharmaceutical industry in Europe has witnessed significant growth owing to increasing R&D activities by various companies coupled with rising healthcare expenditure by governments across European countries such as Germany, U.K.
Growth Factors:
- Increasing demand for chiral chemicals in the pharmaceutical and agrochemical industries due to their unique properties and applications.
- Growing research and development activities in the field of chiral chemistry, which is expected to lead to the discovery of new chiral molecules with better therapeutic potential.
- Rising awareness about the benefits of using chiral chemicals in various industrial applications, which is likely to boost demand over the next few years.
- Technological advancements that have led to improved production processes for chiral chemicals, making them more affordable and accessible to a wider audience.
Scope Of The Report
Report Attributes
Report Details
Report Title
Chiral Chemicals Market Research Report
By Type
Traditional Separation Method, Asymmetric Preparation Method, Biological Separation Method
By Application
Pharmaceuticals, Agrochemicals, Flavors/Fragrances
By Companies
BASF, Johnson Matthey, Solvias, Strem Chemicals, Bayer, Codexis, Chiral Technologies, Rhodia, W. R. Grace, PerkinElmer, BASF, Chiracon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Chiral Chemicals Market Report Segments:
The global Chiral Chemicals market is segmented on the basis of:
Types
Traditional Separation Method, Asymmetric Preparation Method, Biological Separation Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceuticals, Agrochemicals, Flavors/Fragrances
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Johnson Matthey
- Solvias
- Strem Chemicals
- Bayer
- Codexis
- Chiral Technologies
- Rhodia
- W. R. Grace
- PerkinElmer
- BASF
- Chiracon
Highlights of The Chiral Chemicals Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Traditional Separation Method
- Asymmetric Preparation Method
- Biological Separation Method
- By Application:
- Pharmaceuticals
- Agrochemicals
- Flavors/Fragrances
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chiral Chemicals Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chiral chemicals are those that have a mirror image of their molecular structure. This means that the atoms in one chiral molecule are arranged in a way that is not the same as the atoms in another chiral molecule.
Some of the major companies in the chiral chemicals market are BASF, Johnson Matthey, Solvias, Strem Chemicals, Bayer, Codexis, Chiral Technologies, Rhodia, W. R. Grace, PerkinElmer, BASF, Chiracon.
The chiral chemicals market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chiral Chemicals Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Chiral Chemicals Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chiral Chemicals Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Chiral Chemicals Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Chiral Chemicals Market Size & Forecast, 2020-2028
4.5.1 Chiral Chemicals Market Size and Y-o-Y Growth
4.5.2 Chiral Chemicals Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Traditional Separation Method
5.2.2 Asymmetric Preparation Method
5.2.3 Biological Separation Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Agrochemicals
6.2.3 Flavors/Fragrances
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chiral Chemicals Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chiral Chemicals Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Traditional Separation Method
9.6.2 Asymmetric Preparation Method
9.6.3 Biological Separation Method
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Agrochemicals
9.10.3 Flavors/Fragrances
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Traditional Separation Method
10.6.2 Asymmetric Preparation Method
10.6.3 Biological Separation Method
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Agrochemicals
10.10.3 Flavors/Fragrances
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Traditional Separation Method
11.6.2 Asymmetric Preparation Method
11.6.3 Biological Separation Method
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Agrochemicals
11.10.3 Flavors/Fragrances
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Traditional Separation Method
12.6.2 Asymmetric Preparation Method
12.6.3 Biological Separation Method
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Agrochemicals
12.10.3 Flavors/Fragrances
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Traditional Separation Method
13.6.2 Asymmetric Preparation Method
13.6.3 Biological Separation Method
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Agrochemicals
13.10.3 Flavors/Fragrances
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chiral Chemicals Market: Competitive Dashboard
14.2 Global Chiral Chemicals Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Johnson Matthey
14.3.3 Solvias
14.3.4 Strem Chemicals
14.3.5 Bayer
14.3.6 Codexis
14.3.7 Chiral Technologies
14.3.8 Rhodia
14.3.9 W. R. Grace
14.3.10 PerkinElmer
14.3.11 BASF
14.3.12 Chiracon
