TechNavio recognizes the following companies as the key players in the Global Chiral Technology Market: BASF SE, Royal DSM N.V., Sigma-Aldrich Corp. and Daicel Corp.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”The Global Chiral Technology market is witnessing an increase in mergers and acquisitions. Vendors are adopting the mergers and acquisitions strategy to increase their global presence and expand their product portfolio, as well as to achieve economies of scale. Vendors can focus better on product innovations and increase their profit margins by collaborating with each other. For instance, on August 8, 2012, Royal DSM announced that it had entered into an agreement to acquire Tortuga Companhia Zootecnica Agraria, a Brazilian company involved in the manufacturing of nutritional supplements for animals. The increase in such acquisitions boosts the growth of the Global Chiral Technology market.”
According to the report, the presence of favorable government regulations promoting the use of chiral technology is one of the major drivers of the market. Healthcare authorities across the globe have introduced guidelines and policies to provide incentives and thus encourage investments for the development of single-enantiomer drugs.
Further, the report states that one of the major challenges in the market is the snail-paced commercialization of chiral technology-based drugs and chemicals. This factor has adversely affected the adoption of chiral technology.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Albemarle Corp., Cambrex Corp., Chiral Quest Inc., CapsoVision Inc., Chiral Technologies Worldwide, Regis Technologies Inc. and Shasun Pharmaceuticals Ltd.
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/content/global-chiral-technology-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/healthcare
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Research Report “ Global Chiral Technology Market 2012-2016
