Chiral Chemicals Market 2021-2026: Size, Outlook, Growth Rate, Key Players, and Forecast - IMARC Group

According to the latest report by IMARC Group, titled Chiral Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, the global chiral chemicals market grew at a CAGR of around 7% during 2015-2020. Looking forward, IMARC Group expects the global chiral chemicals market to exhibit moderate growth during 2021-2026. Chiral chemicals refer to a special group of compounds that include an asymmetrical carbon atom at the center. These chemicals are usually known as optical isomers or enantiomers and are non-superimposable on their mirror image. Chiral chemicals are widely adopted for manufacturing pharmaceutical items, agrochemicals, fine chemicals, food ingredients, etc.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends:

The rising food consumption needs with the ever-growing population and the declining presence of arable land have led to increasing food security concerns. As a result, chiral chemicals are extensively utilized in the production of pesticides, herbicides, fungicides, pheromones, plant growth regulators, etc., for providing optimum agricultural productivity. Additionally, a considerable growth in the cosmetics sector is also augmenting the demand for chiral chemicals for imparting fragrances in various cosmetic items. Besides this, the growing focus on the development of safer and effective drugs with improved therapeutic value and higher efficacy is also catalyzing the product demand in the pharmaceutical industry. Furthermore, various companies are introducing application-specific products, which are further projected to drive the global market for chiral chemicals in the coming years.

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Key Market Segmentation:                  

Competitive Landscape:                      

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• BASF SE
• Chiracon GmbH
• Chiral Technologies Inc. (Daicel Corporation)
• Codexis Inc.
• Johnson Matthey
• PerkinElmer Inc.
• Solvias AG
• Strem Chemicals
• Toray Industries Inc.
• W.R. Grace & Co.

Breakup by Technology:

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

Breakup by Application:

• Pharmaceuticals
• Agrochemicals
• Flavors and Fragrances
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Key highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.