The chiral compounds consist of a carbon atom at the middle that is attached to four unalike substitutes. The left-hand and the right-hand configurations are also known as the enantiomers. Furthermore, the chiral molecule stereocenter is not solely a carbon atom; but it would also consist of the trivalent sulfur compounds and tetravalent phosphorus. The enantiomers mainly possess similar physical properties but the only difference which exists in the rotational direction. Commercially, the enantiomers and its separation are difficult. The enantiomers are generally separated by various processing methods including asymmetric, traditional, and biological method.
The driving factors preferring the global chiral chemicals market and its growth are growing demand for the chiral chemicals in the life science and other pharmaceutical application along with mounting agrochemicals industries in the various developing market. Furthermore, the growing product penetration in various agrochemical industries is also projected to drive the growth of the Global Chiral Chemicals Market. Besides, investments and expansions in chiral chemicals market coupled with the various research & development work by the key industry players are anticipated to offer ample opportunities across the entire value chain.
The global chiral chemicals market is classified on the basis of its application, technology, and regional demand. On the basis of its application, the global chiral chemicals market is divided into flavors, agrochemical, pharmaceutical, fragrances, and others. Based on its technology, the global market is segmented into asymmetric preparation method, traditional separation method, and biological separation method.
Geographically, the global chiral chemicals market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
The major players in the global chiral chemicals market include companies like BASF SE (Germany), Strem Chemicals, Inc (U.S.), Solvias AG (Switzerland), Johnson Matthey Plc (U.K.), Chiral Quest (Suzhou) Co.,Ltd (China), W. R. Grace & Co.-Conn (U.S.), Tyche Industries Limited (India), The Dow Chemical Company (U.S.), Nanjing Legend Pharmaceutical (China), Flamma S.p.An (Italy), among others.