Chiral chemicals are molecules that are non-superimposable on their mirror image. Chiral molecules are those molecules that cannot be superimposed on their mirror image. These molecules have a unique three-dimensional structure which cannot be replicated by their mirror image. This is due to the presence of one or more asymmetric carbon atoms within the molecule. These asymmetric carbon atoms are called chiral centers and are responsible for the chiral nature of these molecules.
Chiral molecules are important in many areas of chemistry, particularly in the pharmaceutical and agrochemical industries. The molecules found in living organisms are all chiral, and so the ability to produce chiral molecules is essential for the production of many drugs, pesticides and other compounds. Many drugs are provided in two forms, one of which is the enantiomer of the other. The drugs in their two forms are often referred to as ‘left-handed’ and ‘right-handed’ molecules, as if they were gloves.
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Key Trends
Chiral chemicals technology is a rapidly growing field that has seen significant advances in recent years. Chiral chemicals are molecules that have the same chemical composition but different structures, making them optically active and providing them with unique properties. These chemicals are used in a variety of industries, including pharmaceuticals, agrochemicals, food, and cosmetics.
The key trends in chiral chemicals technology are the development of new synthesis strategies, the use of green chemistry principles, and the increased use of computational methods.
The development of new synthesis strategies is a major trend in chiral chemicals technology. Many of the synthesis strategies used for chiral chemicals are based on traditional organic chemistry techniques, such as asymmetric catalysis and resolution. However, the development of new strategies, such as biocatalysis and organocatalysis, has revolutionized the synthesis of chiral chemicals. These new strategies are more efficient and cost-effective than traditional methods, and they can be used to synthesize complex molecules with chiral centers.
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Key Drivers
Chiral chemicals are compounds that contain one or more chiral centers, meaning a carbon atom that is bonded to four different chemical groups. Chiral chemicals are used in a wide range of applications, including pharmaceuticals, agrochemicals, flavors and fragrances, and specialty chemicals. The global chiral chemicals market is expected to grow at a compound annual growth rate (CAGR) of 4.2% from 2020 to 2027, to reach a value of USD 15.7 billion by 2027.
The key drivers of the growth of the chiral chemicals market are the increasing demand for chiral drugs and the rising demand for agrochemicals. The increasing demand for chiral drugs is mainly driven by the growing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases. The introduction of new chiral drugs and the increasing adoption of generic drugs are also driving the growth of the chiral drugs market.
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Market Segments
The Chiral Chemicals Market is segmented into type, application, end-user, and region. By type, the market is divided into chiral intermediates, chiral catalysts, chiral ligands, chiral solvents, and chiral drugs. Based on application, the market is bifurcated into pharmaceuticals, agrochemicals, flavors and fragrances, fine chemicals, and others. Whereas for end-user, the market is segmented into pharmaceuticals, chemicals, food and beverages, and cosmetics. Region-Wise, the market is segmented by North America, Europe, Asia-Pacific, and the rest of the world.
Key Players
The Chiral Chemicals Market report includes players such as Johnson Matthey Plc (UK), BASF SE (Germany), Daicel Corporation (Japan), Solvias AG (Switzerland), Chiral Technologies, Inc. (US), W. R. Grace & Co. (US), Strem Chemicals, Inc. (US), Sigma-Aldrich Corporation (US), Chiracon GmbH (Germany), and Chiral Quest (China), among others.
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