Pharmaceuticals Fine Chemicals Market is segmented into active ingredients, pivotal or critical intermediates and basic intermediates. Active ingredients are mainly accountable for the initial activity of the finished formulation. Pivotal or critical intermediates are fine chemicals that are normally utilized in the production of one or two pharmaceutical actives. Basic intermediates are extensively simple chemicals, which are essentially utilized as building blocks for pharmaceuticals and other types of performance chemicals. In this way, pharmaceutical fine chemicals are utilized in a wide range of applications in the pharmaceutical industry.

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Fine chemicals are complex and pure chemical substances. Fine chemicals are manufactured in limited quantities in multipurpose plants by multistep batch chemical or biotechnological processes. Fine chemicals are made to high detail. Pharmaceutical is one of the significant end-user industries of fine chemicals. In terms of demand, the pharmaceutical fine chemicals segment represent more than 67% share of the global fine chemicals market. In this way, the pharmaceutical fine chemicals segment is the most essential segment of fine chemicals market.

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Geographically, Europe and Asia-Pacific are the largest producers of pharmaceuticals fine chemicals. During the forecast period, the Asia-Pacific pharmaceuticals fine chemicals market is expected to grow at the fastest rate, owing to large consumption base, and growth of pharmaceutical industry.

China, Japan, and India are expected to dominate the pharmaceutical fine chemicals market in Asia-Pacific. The Asia-Pacific market of drugs is expected to witness the highest growth globally, during the forecast period. This is mainly due to aging population, increasing number of surgeries, and improving healthcare infrastructure. According to the UN publication, World Population Ageing 2013, in Asia approximately 468.5 million people belonged to the age group 60 years and above, out of which approximately 57.5 million people aged 80 years and above.

Some of the major competitors in the global pharmaceuticals fine chemicals market include The Dow Chemical Company, Akzo Nobel N.V., Lonza Group Ltd., Royal DSM N.V., Eastman Chemical Company, Clariant AG, Boehringer Ingelheim GmbH, Albemarle Corporation, Sumitomo Chemical Co. Ltd., The Merck Group, and Lanxess Aktiengesellschaft.

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