Chromatography Market
Chromatography is a process of separation of samples into components based on their physical or chemical properties. It is used in various industries, such as pharmaceuticals, chemicals, food, and beverages. Chromatography is a widely used analytical technique that is used to separate and quantify components in a mixture.
The growth of the market is driven by factors such as technological advancements, increasing demand for high-quality products, growing pharmaceutical and biopharmaceutical industries, and increasing government funding for research and development. The market is further driven by the rise in applications of chromatography in various industries and the increasing demand for low-cost and efficient analytical techniques.
Chiral Separation
Chiral separation is an important application of chromatography. It is used to separate chiral compounds, which are compounds that exist in two forms (enantiomers). Chiral separation is widely used in pharmaceutical and biotechnology industries as it is used to separate and purify enantiomeric drugs.
The global chiral separation market is expected to reach USD 2.9 Billion by 2026, registering a CAGR of 8.2% during the forecast period. The growth of the market is driven by factors such as increasing demand for high-quality products, rising demand for enantiomeric pharmaceuticals, and increasing government funding for research and development.
The major players in the global chiral separation market are Thermo Fisher Scientific, Agilent Technologies, Merck KGaA, Waters Corporation, Shimadzu Corporation, and PerkinElmer, Inc. These companies are focused on providing innovative products, such as chiral stationary phases and columns, to meet the increasing demand for high-purity products.
The rising demand for chiral separation techniques in the pharmaceutical and biopharmaceutical industry is driving the growth of the market. Chiral separation is used for the purification of enantiomeric drugs, which are used to treat various diseases, such as cancer, diabetes, and cardiovascular diseases. Chiral separation is also used in the food and beverage industry for the separation of natural and artificial flavors, colors, and additives.
The increasing demand for high-quality products is driving the growth of the market. The demand for high-purity chiral compounds is increasing due to the rising demand for high-quality products in the pharmaceutical, biopharmaceutical, and food and beverage industries. This is leading to the growth of the global chiral separation market.
In conclusion, the global chromatography and chiral separation market is expected to witness significant growth during the forecast period owing to the increasing demand for high-quality products and technological advancements. The rising demand for enantiomeric drugs and increasing government funding for research and development is expected to further drive the growth of the market.
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Global chiral chemicals market is expected to reach USD 119.72 billion by 2024.
Chiral chemicals are obtained by separating the isomers of racemic compounds using chromatography as a principal method.
The chirality plays an important role in fragrance and flavor chemistry.
The chiral chemicals market is estimated to grow at a significant CAGR over the forecast period as the scope and its applications are rising enormously across the globe.
The factors that are playing a major role in the growth of chiral chemicals market are rising demand for enhanced healthcare facilities, a government initiative for the development of the pharmaceutical sector in emerging countries, rising demand from agrochemical industries.
However, strict government policy and environmental issues on using chiral pesticides may restrain overall market growth in the years to come.
