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

August 8, 2018

LONDON--(BUSINESS WIRE)--Aug 8, 2018--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 .

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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 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:

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.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, 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

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005527/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 08/08/2018 11:28 AM/DISC: 08/08/2018 11:28 AM

http://www.businesswire.com/news/home/20180808005527/en

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