Market Overview:
The Chiral compounds are comprised of carbon atom at center attached to four different substitutes. The right hand and left-hand configurations are called as enantiomers. Moreover, the stereo center of the chiral molecule may not be an only carbon atom; it may also consist of tetravalent phosphorus and trivalent sulfur compounds. Enantiomers possess same physical properties, but the difference exists in the direction of rotation. Commercially, the separation of enantiomers is difficult and usually separated by different processing methods such as a traditional, asymmetric, and biological method.
The Global Chiral Chemicals Market is projected to expand at a CAGR of 13.67% to be USD 96,894.20 million till 2023. The protuberant factors favoring the growth of the global chiral chemicals market are increasing demand for chiral chemicals in pharmaceutical application along with growing agrochemicals industries in emerging market. Additionally, increasing product penetration among agrochemical industry is also expected to drive the market growth. Moreover, expansions and investments in chiral chemicals coupled with research & developments by major key players are expected to provide opportunities across the value chain. Furthermore, an advent of bio-catalytic synthesis of the chiral chemical also expected to open new avenues to market players. However, stringent government regulations and environmental issues concerned with the chiral pesticides are likely to hamper the growth of the market over the forecast period.

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Major Key Players:
The Major Players operating in the Chiral Chemicals Market are:
• Agilent Technologies, Inc. (U.S.),
• BASF SE (Germany),
• The Dow Chemical Company (U.S.),
• Chiral Technologies, Inc. (U.S.),
• Bachem Holding AG (Switzerland),
• Daicel Corporation (Japan),
• Anhui Biochem United Pharmaceutical Co., Ltd. (China),
• Digital Specialty Chemicals (Canada),
• Chiral Quest (Suzhou) Co., Ltd. (China),
• Albemarle Corporation (U.S.)

Market Segmentation:
The Global Chiral Chemicals Market is categorized on the basis of Technology, Applications, and Region:
On The Basis Of Technology:
• Biological,
• Asymmetric,
• Traditional
On The Basis Of Applications:
• Pharmaceuticals,
• Agrochemicals,
• Flavors & Fragrances
On The Basis Of Region:
• Asia Pacific,
• Europe,
• Latin America,
• North America,
• Middle East & Africa.

Regional Analysis:
Geographically, Chiral Chemicals Market is segmented across Five Regions in the world namely:
• Asia Pacific,
• North America,
• Europe,
• Latin America,
• Middle East & Africa.
North America is estimated to be the largest chiral chemicals market followed by Asia Pacific and Europe due to strong existence of innovation and technology. In Europe, Germany, Russia, and Spain are predicted to register a strong growth on account of tremendous demand for chiral chemicals in cosmetic industry. In Asia Pacific, countries such as China, India, and South Korea are the fastest growing market for chiral chemicals, and is estimated to grow with the same pace over the forecast period. Improving living standards along with the flourishing growth of agrochemicals industry is predicted to contribute to the regional market growth. In North America, U.S and Mexico are among the major contributors in the regional market growth due to presence of major chiral chemicals manufacturers is anticipated to be an added advantage to the market growth. In Latin America, Mexico is expected to register strong growth due to robust governance and policy making.

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