TechNavio recognizes the following companies as the key players in the Global Chiral Technology Market: BASF SE, Daicel Corp., and Royal DSM N.V.
Commenting on the report, an analyst from TechNavio’s team said: “Many global pharmaceutical companies are nowadays facing several challenges such as patent expirations and pricing pressures. As a result, these companies are on the lookout for cost containment measures. For instance, drug manufacturing in Asian countries is less expensive than it is in western countries. Further, the growing prominence of Asia as an end-user market and its growth in terms of manufacturing as well as human resource capabilities is expected to contribute to the growth of the market during the forecast period.”
According to the report, governmental regulations that support the use of chiral technology constitute a major driver in this market. Healthcare authorities in many countries have introduced guidelines and policies that provide incentives for investments made in developing single enantiomer drugs.
Further, the report states that one of the main challenges in this market is the complexity of chiral chemistry. The complexity of chiral chemistry is higher in the case of molecules containing multiple chiral centers. As a result, the selection of an appropriate technique for the synthesis and resolution of such molecules becomes challenging.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Bachem Holding AG, Cambrex Corp., Codexis Inc, Johnson Matthey plc, Novasep Inc., Phenomenex Inc., Regis Technologies Inc., Solvias AG, and Strem Chemicals Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-chiral-technology-market-2013-2017
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report -Global Chiral Technology Market 2013-2017
