Dublin, April 24, 2025 (GLOBE NEWSWIRE) -- The "Chiral Chemicals - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Chiral Chemicals was valued at US$73.9 Billion in 2024 and is projected to reach US$106.0 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The report includes the most recent global tariff developments and how they impact the Chiral Chemicals market.
What Innovations Are Transforming the Chiral Chemicals Market?
Advancements in asymmetric catalysis - where catalysts are used to favor the formation of one enantiomer over the other - have further improved the ability to produce high-purity chiral compounds on an industrial scale. This technology is being increasingly adopted in the synthesis of complex molecules, offering higher yields and reducing the need for extensive purification processes.
Furthermore, innovations in chiral chromatography are transforming how enantiomers are separated and purified. This technique has become more efficient and scalable, allowing manufacturers to produce large volumes of enantiomerically pure chemicals with fewer steps and less waste. The development of advanced ligands and catalysts is also opening new doors for asymmetric synthesis, allowing chemists to tackle more complex chiral molecules with greater precision.
These innovations are not only improving the efficiency and sustainability of chiral chemical production but also expanding their use in industries such as agrochemicals, where precise molecular targeting is becoming more critical in the development of pesticides and herbicides.
What Factors Are Driving Growth in the Chiral Chemicals Market?
The growth in the chiral chemicals market is driven by several factors, most notably the increasing demand for enantiomerically pure compounds in pharmaceuticals, agrochemicals, and fine chemicals.
One of the primary drivers is the expanding pharmaceutical sector, where chiral chemicals are essential for the production of active pharmaceutical ingredients (APIs). With a growing focus on precision medicine, drug manufacturers are increasingly turning to chiral chemicals to ensure the safety, efficacy, and regulatory compliance of their products. This trend is further reinforced by the rising number of patent expirations for racemic drugs, prompting manufacturers to develop single-enantiomer versions that offer improved therapeutic profiles and reduced side effects.
Advances in asymmetric synthesis and biocatalysis are also key growth drivers, as these technologies enable more efficient and cost-effective production of chiral compounds. The agrochemical industry is another area of significant demand, with farmers and producers increasingly seeking chiral pesticides and herbicides that offer targeted action with minimal environmental impact.
Additionally, the growing focus on sustainable and green chemistry practices is pushing manufacturers to adopt biocatalysis and other environmentally friendly methods for chiral chemical production.
Lastly, the increasing complexity of global supply chains is driving demand for high-purity chiral chemicals, as industries ranging from pharmaceuticals to flavors and fragrances seek to ensure product quality and consistency. These factors are collectively contributing to robust growth in the chiral chemicals market, with continued innovation expected to further expand its applications across various industries.
Report Scope
The report analyzes the Chiral Chemicals market, presented in terms of units. The analysis covers the key segments outlined below.
Segments:
- Method (Traditional Separation Method, Asymmetric Preparation Method, Biological Separation Method, Other Methods)
- Application (Pharmaceuticals Application, Agrochemicals Application, Other Applications)
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Traditional Separation Method segment, which is expected to reach US$50.8 Billion by 2030 with a CAGR of a 5.8%. The Asymmetric Preparation Method segment is also set to grow at 6.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $19.9 Billion in 2024, and China, forecasted to grow at an impressive 9.9% CAGR to reach $22.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 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 players such as BASF SE, Bayer AG, Chiracon GmbH, Chiral Technologies, Inc., Codexis, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 46 companies featured in this Chiral Chemicals market report include:
- BASF
- Bayer
- Chiracon GmbH
- Chiral Technologies, Inc.
- Codexis, Inc.
- Dow, Inc.
- DuPont de Nemours, Inc.
- Johnson Matthey PLC
- PerkinElmer, Inc.
- Solvias AG
- Strem Chemicals, Inc.
- W. R. Grace & Co.
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Key Attributes:
Report Attribute | Details |
No. of Pages | 196 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $73.9 Billion |
Forecasted Market Value (USD) by 2030 | $106 Billion |
Compound Annual Growth Rate | 6.2% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Global Economic Update
- Chiral Chemicals - 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
- Rising Demand for Enantiomerically Pure Pharmaceuticals Propels Growth in the Chiral Chemicals Market
- Expanding Use of Chiral Chemicals in Agrochemicals Strengthens Business Case for Precision Targeting Solutions
- Here's How Biocatalysis Innovation Drives Adoption of Eco-Friendly Chiral Chemical Synthesis Methods
- Advancements in Asymmetric Synthesis Technology Throw Spotlight on Cost-Effective Chiral Production Processes
- Growing Focus on Personalized Medicine Spurs Demand for Enantiomerically Pure Chiral Active Ingredients
- Rising Use of Chiral Chemicals in Food & Flavor Industries Expands Market for Specialty Applications
- Increasing Adoption of Chiral Catalysts Strengthens Growth in Specialty Chemical Manufacturing
- Expansion of Chiral Chemicals in Fragrance and Cosmetics Sectors Generates New Market Opportunities
- Consumer Preference for Environmentally Friendly Products Drives Adoption of Sustainable Chiral Chemicals
For more information about this report visit https://www.researchandmarkets.com/r/jnioof
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