Chiral Chemical Market Report: Trends, Forecast and Competitive Analysis to 2030

Chiral Chemical Trends and Forecast

The future of the global chiral chemical market looks promising with opportunities in the pharmaceutical, agrochemical, and flavor/fragrance markets. The global chiral chemical market is expected to reach an estimated $123 billion by 2030 with a CAGR of 8.7% from 2024 to 2030. The major drivers for this market are rising demand for pharmaceutical drugs, growing demand for agrochemicals, and increasing awareness towards naturally derived fragrances.

A more than 150-page report is developed to help in your business decisions.

Chiral Chemical by Segment

The study includes a forecast for the global chiral chemical by technology, application, and region.

Chiral Chemical Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Traditional Separation Method
• Asymmetric Preparation Method
• Biological Separation Method
• Others

Chiral Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Pharmaceuticals
• Agrochemicals
• Flavors/Fragrances
• Others

Chiral Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Chiral Chemical Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies chiral chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the chiral chemical companies profiled in this report include-

• BASF
• Chiracon
• Chiral Technologies
• Codexis
• Johnson Matthey
• PerkinElmer
• Solvias
• Strem Chemicals
• Toray Industries
• W.R. Grace

Chiral Chemical Market Insights

Lucintel forecasts that traditional separation method is expected to witness the highest growth over the forecast period as it includes manual isomer separation and racemate resolution after diastereomerization.

Within this market, pharmaceutical will remain the largest segment due to the rising need for pharmaceutical formulations to contain enantiomerically pure products.

North America will remain the largest region over the forecast period due to growing desire for fragrances made from natural sources and existence of major players.

Features of the Global Chiral Chemical Market

Market Size Estimates: Chiral chemical market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Chiral chemical market size by technology, application, and region in terms of value ($B).

Regional Analysis: Chiral chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, applications, and regions for the chiral chemical market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the chiral chemical market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the chiral chemical market size?

Answer: The global chiral chemical market is expected to reach an estimated $123 billion by 2030.

Q2. What is the growth forecast for chiral chemical market?

Answer: The global chiral chemical market is expected to grow with a CAGR of 8.7% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the chiral chemical market?

Answer: The major drivers for this market are rising demand for pharmaceutical drugs, growing demand for agrochemicals, and increasing awareness towards naturally derived fragrances.

Q4. What are the major segments for chiral chemical market?

Answer: The future of the chiral chemical market looks promising with opportunities in the pharmaceutical, agrochemical, and flavor/fragrance markets.

Q5. Who are the key chiral chemical market companies?

Answer: Some of the key chiral chemical companies are as follows.

• BASF
• Chiracon
• Chiral Technologies
• Codexis
• Johnson Matthey
• PerkinElmer
• Solvias
• Strem Chemicals
• Toray Industries
• W.R. Grace

Q6. Which chiral chemical market segment will be the largest in future?

Answer: Lucintel forecasts that traditional separation method is expected to witness the highest growth over the forecast period as it includes manual isomer separation and racemate resolution after diastereomerization.

Q7. In chiral chemical market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to growing desire for fragrances made from natural sources and existence of major players.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the chiral chemical market by technology (traditional separation method, asymmetric preparation method, biological separation method, and others), application (pharmaceuticals, agrochemicals, flavors/fragrances, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?