Chiral Chemicals Market is predicted to reach USD 158.97 billion at a CAGR of 11.25% during the forecast period

Pune, India, August 2023, MRFR Press Release/Market Research Future has published a Cooked Research Report on the Global Chiral Chemicals Market.

Market Research Future (MRFR) has published a cooked research report on the “Chiral Chemicals Market” that contains information from 2023 to 2032. The Global Chiral Chemicals Market is estimated to register a CAGR of 11.25% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Global Chiral Chemicals Market— BASF, Solvias AG, Stern Chemicals Inc., Johnson Matthey Plc, W. R. Grace & Co.-Conn., Chiral Quest (Suzhou) Co.Ltd., Tyche Industries Limited, Nanjing Legend Pharmaceutical, The Dow Chemical Company and Flamma S.p.A.

Market Highlights

The Global Chiral Chemicals Market is accounted to register a CAGR of 11.25% during the forecast period and is estimated to reach USD 158.97 Billion by 2032.

The Global Chiral Chemicals Market refers to the worldwide market for chiral chemicals, which are molecules that possess chirality or asymmetry. Chirality is a property of certain chemical compounds where they exist in two non-superimposable mirror-image forms, known as enantiomers. These enantiomers have the same chemical formula and physical properties but differ in their spatial arrangement of atoms.

Factors influencing the growth of the Global Chiral Chemicals Market include increasing research and development activities in pharmaceuticals, the rise in the number of drug patent expirations, and the growing need for optically pure compounds in various industries.

Segment Analysis

The Global Chiral Chemicals Market has been segmented based on technology and application.

On the basis of technology, the market is segmented into traditional separation method, asymmetric preparation method and biological separation method. The traditional separation method segment dominated the market, accounting for 51% of market revenue in 2022. Traditional separation involves manually separating isomer and racemate settlement following diastereomerization.

Based on application, the market has been segmented into pharmaceutical, agrochemical and flavors and fragrances. The pharmaceutical category generated the highest market revenue of about 62% in 2022. The market for chiral compounds in this application area is expected to be propelled by the desire for enantiomerically pure substances in formulations for medicine in the pharmaceutical sector.

Regional Analysis

The Global Chiral Chemicals Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Chiral Chemicals Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Chiral Chemicals Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Global Chiral Chemicals Market comprises of Middle East, Africa, and Latin America.

In North America, countries like United States and Canada were prominent players in the global chiral chemicals market. The region's strong presence was primarily due to its well-established pharmaceutical and agrochemical industries, along with significant research and development activities in chiral technologies.

In European Countries like Germany, Switzerland, France, and the United Kingdom were major contributors to the European chiral chemicals market. The region had a robust pharmaceutical sector and was known for its advancements in chiral synthesis and separation technologies.

China, Japan, India, and South Korea were key players in the Asia-Pacific chiral chemicals market. The region's market growth was driven by the expanding pharmaceutical and agrochemical industries, coupled with increasing investments in research and development.

Other regions, such as Latin America, the Middle East, and Africa, also had a presence in the global chiral chemicals market. While their market shares were relatively smaller compared to the aforementioned regions, they were witnessing gradual growth due to increasing industrialization and investment in pharmaceutical and agrochemical sectors.

Key Findings of the Study

• The Global Chiral Chemicals Market is expected to reach USD 158.97 Billion by 2032, at a CAGR of 11.25% during the forecast period.


• North America was prominent players in the global chiral chemicals market. The region's strong presence was primarily due to its well-established pharmaceutical and agrochemical industries, along with significant research and development activities in chiral technologies.


• Based on technology, the market is segmented into traditional separation method holding the largest market in 2022.


• BASF, Solvias AG, Stern Chemicals Inc., Johnson Matthey Plc, W. R. Grace & Co.-Conn., Chiral Quest (Suzhou) Co.Ltd., Tyche Industries Limited, Nanjing Legend Pharmaceutical, The Dow Chemical Company and Flamma S.p.A.

Read More Related Article -Chiral Chemicals Market