Market Overview:
The global chiral material 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 materials in pharmaceuticals, agrochemicals, and fragrances applications. Additionally, the growing awareness about the benefits of using chiral materials is also contributing to the growth of this market. The traditional separation method segment is expected to dominate the global chiral material 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:
A chiral material is a molecule that has a handedness, meaning it exists in two different forms that are mirror images of each other. The two versions of the molecule are called enantiomers. Chiral molecules are important because they can form the basis for drugs and other products that have specific effects on the body.
Traditional Separation Method:
Traditional Separation Method (TRM) is a separation process used to obtain enantiomers and diastereomers. It is also applicable to other chiral compounds such as macrocyclic carbonates, ketones, aldehydes, etc. The method uses basic separation principles such as different phases of liquid substances and high-temperature supercritical fluid CO2 as the working medium for the separation process.
Asymmetric Preparation Method:
Asymmetric preparation method is used for the synthesis of chiral materials. It involves an enantioselective process that produces optical material with different enantiomericities. The most common application of Asymmetric Preparation Method (AMPM) includes the synthesis of pharmaceutical drugs and agrochemical products such as pesticides, herbicides, and fertilizers.
Application Insights:
The pharmaceuticals segment dominated the global chiral material market in 2017. The growth of this application is attributed to the extensive use of enantiomerically pure products for drug discovery and development. In addition, growing R&D investments by major players such as Pfizer, Novartis, and sanofi-aventis are expected to drive demand over the forecast period.
In terms of revenue, agrochemicals emerged as the second largest segment in 2017 owing to extensive usage of enantiomerically pure products for developing new agrochemicals with enhanced properties. Furthermore, increasing research activities pertaining to crop improvement through biotechnology are further anticipated to augment demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to increasing R&D activities and presence of major pharmaceutical companies. In addition, growing number of FDA-approved products for commercialization is also one of the key factors responsible for regional growth.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising awareness regarding potential applications of chiral molecules and their separation methods among researchers from developing economies such as India and China. Furthermore, increasing investments by leading manufacturers in this region are likely to boost demand further during the projected time frame. ‰â€˜The Asia Pacific Chiral Material Market By Application (Pharmaceuticals, Agrochemicals) And Region 2016 - 2030' was first published by Global Insight Ltd.
Growth Factors:
- Increasing demand for chiral material in the pharmaceutical and biotechnology industries for the manufacture of drugs and other products.
- Growing demand from cosmetics industry for chiral material in the production of skin care products.
- Rising use of chiral materials in food and beverage industry to improve taste, flavor, and texture of food products.
- Increasing application of chiral materials in agriculture sector to increase crop yield and quality thereof
Scope Of The Report
Report Attributes
Report Details
Report Title
Chiral Material Market Research Report
By Type
Traditional Separation Method, Asymmetric Preparation Method
By Application
Pharmaceuticals, Agrochemicals, Fragrances
By Companies
Solvias AG, Strem Chemicals Inc., Chiral Technologies, Inc, Johnson Matthey plc, BASF SE, United Company RUSAL Plc, Rhodia Inc., W. R. Grace & Co, PerkinElmer Inc., DowDuPont
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Chiral Material Market Report Segments:
The global Chiral Material market is segmented on the basis of:
Types
Traditional Separation Method, Asymmetric Preparation 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, 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:
- Solvias AG
- Strem Chemicals Inc.
- Chiral Technologies, Inc
- Johnson Matthey plc
- BASF SE
- United Company RUSAL Plc
- Rhodia Inc.
- W. R. Grace & Co
- PerkinElmer Inc.
- DowDuPont
Highlights of The Chiral Material 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
- By Application:
- Pharmaceuticals
- Agrochemicals
- 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 Material 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 material is a substance that has the ability to rotate its molecular structure. This property allows chiral molecules to interact with each other in unique ways, which can lead to new products or drugs.
Some of the key players operating in the chiral material market are Solvias AG, Strem Chemicals Inc., Chiral Technologies, Inc, Johnson Matthey plc, BASF SE, United Company RUSAL Plc, Rhodia Inc., W. R. Grace & Co, PerkinElmer Inc., DowDuPont.
The chiral material market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chiral Material 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 Material Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Chiral Material 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 Material 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 Material Market Size & Forecast, 2018-2028
4.5.1 Chiral Material Market Size and Y-o-Y Growth
4.5.2 Chiral Material Market Absolute $ Opportunity
Chapter 5 Global Chiral Material 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 Chiral Material Market Size Forecast by Type
5.2.1 Traditional Separation Method
5.2.2 Asymmetric Preparation Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chiral Material 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 Chiral Material Market Size Forecast by Applications
6.2.1 Pharmaceuticals
6.2.2 Agrochemicals
6.2.3 Fragrances
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chiral Material 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 Material 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 Chiral Material Analysis and Forecast
9.1 Introduction
9.2 North America Chiral Material 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 Chiral Material Market Size Forecast by Type
9.6.1 Traditional Separation Method
9.6.2 Asymmetric Preparation 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 Chiral Material Market Size Forecast by Applications
9.10.1 Pharmaceuticals
9.10.2 Agrochemicals
9.10.3 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 Chiral Material Analysis and Forecast
10.1 Introduction
10.2 Europe Chiral Material 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 Chiral Material Market Size Forecast by Type
10.6.1 Traditional Separation Method
10.6.2 Asymmetric Preparation 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 Chiral Material Market Size Forecast by Applications
10.10.1 Pharmaceuticals
10.10.2 Agrochemicals
10.10.3 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 Chiral Material Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chiral Material 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 Chiral Material Market Size Forecast by Type
11.6.1 Traditional Separation Method
11.6.2 Asymmetric Preparation 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 Chiral Material Market Size Forecast by Applications
11.10.1 Pharmaceuticals
11.10.2 Agrochemicals
11.10.3 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 Chiral Material Analysis and Forecast
12.1 Introduction
12.2 Latin America Chiral Material 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 Chiral Material Market Size Forecast by Type
12.6.1 Traditional Separation Method
12.6.2 Asymmetric Preparation 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 Chiral Material Market Size Forecast by Applications
12.10.1 Pharmaceuticals
12.10.2 Agrochemicals
12.10.3 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) Chiral Material Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chiral Material 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) Chiral Material Market Size Forecast by Type
13.6.1 Traditional Separation Method
13.6.2 Asymmetric Preparation 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) Chiral Material Market Size Forecast by Applications
13.10.1 Pharmaceuticals
13.10.2 Agrochemicals
13.10.3 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 Material Market: Competitive Dashboard
14.2 Global Chiral Material Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Solvias AG
14.3.2 Strem Chemicals Inc.
14.3.3 Chiral Technologies, Inc
14.3.4 Johnson Matthey plc
14.3.5 BASF SE
14.3.6 United Company RUSAL Plc
14.3.7 Rhodia Inc.
14.3.8 W. R. Grace & Co
14.3.9 PerkinElmer Inc.
14.3.10 DowDuPont
