Dublin, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The "Chiral Technology - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Chiral Technology is estimated at US$8.2 Billion in 2023 and is projected to reach US$10.7 Billion by 2030, growing at a CAGR of 3.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the chiral technology market is driven by several factors, including the increasing demand for enantiomerically pure pharmaceuticals, stringent regulatory requirements, and advancements in chiral synthesis and analysis technologies. The pharmaceutical industry's continued focus on developing more selective and potent drugs enhances the need for effective chiral technologies that can deliver high purity enantiomers. Regulatory bodies in major markets like the United States and European Union have imposed rigorous standards for the enantiomeric purity of new chiral drugs, pushing companies to adopt advanced chiral technologies to comply with these regulations.
Additionally, the rise in biotechnological applications requiring chiral substances fuels further development in this sector. Economic factors, such as the expansion of pharmaceutical and biotech industries in emerging economies, also contribute significantly to the market growth. These industries' reliance on chiral compounds ensures ongoing investments in research and development, driving continuous innovation and expansion in the chiral technology field.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Chiral Technology Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Chiral Technology Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Intermediates segment, which is expected to reach US$8.2 Billion by 2030 with a CAGR of a 3.5%. The Analytical segment is also set to grow at 4.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $2.2 Billion in 2023, and China, forecasted to grow at an impressive 3.6% CAGR to reach $1.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Agilent Technologies, Inc., Albemarle Corporation, BASF SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 183 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $8.2 Billion |
| Forecasted Market Value (USD) by 2030 | $10.7 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Chiral Technology - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Increasing Importance of Chiral Drugs in Pharmaceuticals Drives Market Growth
- Advances in Chiral Separation Techniques Propel Technological Innovations
- Expansion of Biologics and Biosimilars Markets Bolsters Use of Chiral Technologies
- Environmental Concerns Drive Development of Greener Chiral Technologies
- Market Opportunities Stemming from Untapped Therapeutic Potential of Chiral Molecules
- Evolving Role of Chiral Chemistry in Agrochemicals
- Demand for Purity in Pharmaceutical Ingredients Strengthens Business Case for Chiral Methods
- Custom Synthesis and Contract Research Boost Chiral Technology Services
FOCUS ON SELECT PLAYERS(Total 22 Featured)
- Agilent Technologies, Inc.
- Albemarle Corporation
- BASF SE
- Cambrex Corporation
- Chiral Quest (Suzhou) Co. Ltd.
- Chiral Technologies Inc.
- Daicel Corporation
- Johnson Matthey Fine Chemicals
- Phenomenex Inc.
- Regis Technologies Inc.
- Shimadzu Corporation
- Sigma Aldrich Corp.
- Solvias AG
- Thermo Fischer Scientific Inc.
- YMC America Inc.
For more information about this report visit https://www.researchandmarkets.com/r/l992ha
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