Market Overview

Global Chiral Chemicals Market 2018-2022 | 10% CAGR Projection Over the Next Four Years | Technavio

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The global chiral chemicals market is expected to post a CAGR of close
to 10% during the period 2018-2022, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global chiral chemicals market from 2018 ...

Technavio has published a new market research report on the global chiral chemicals market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing demand
for chiral chemicals from the pharmaceutical sector. In 2017, the
pharmaceutical industry witnessed the highest growth rate for the global
chiral chemicals market. The superior chemical properties of chiral
chemicals, such as varying hardness characteristics due to their
geometrical and superimposable properties, and the rise in demand for
pure enantiomeric drug formulations in the medical and pharmaceutical
industry are expected to drive the market growth further.

This market research report on the global
chiral chemicals market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the strategic initiatives by the
major vendors as one of the key emerging trends in the global chiral
chemicals market:

Global chiral chemicals market: Strategic
initiatives by the major vendors

The global chiral chemicals market is moderately fragmented with the
presence of numerous local as well as international vendors. The threat
of rivalry in this market is high owing to the constant measures and
strategic initiatives taken by the vendors to retain their market
shares. Technological improvements and an increase in R&D activities by
leading vendors are expected to create wide applications areas, in turn,
driving the growth of this market.

"Strategic initiatives such as partnerships, associations, and
capacity expansion to new regions are expected to boost the market
growth. For example, vendors across the globe are getting into
partnerships to leverage the technology to manufacture chiral chemicals.
Additionally, the extensive ongoing R&D activities in the chiral
chemicals market and government support for pharmaceutical manufacturers
across the globe present opportunities for the global market,"
says
a senior analyst at Technavio for research on specialty chemicals.

Global chiral chemicals market: Segmentation
analysis

This market research report segments the global chiral chemicals market
by application (pharmaceuticals, agrochemicals, and flavors and
fragrance) and geographical regions (APAC, EMEA, and the Americas).

The pharmaceuticals segment held the largest market share in 2017,
accounting for nearly 76% of the market. This application segment is
expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 47%.
The market share occupied by this region is anticipated to decrease
during 2018-2022.

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Technavio's sample reports are free of charge and contain multiple
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challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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