Press release
Global Pharmaceutical Chemicals Market is projected to reach S$268.83 bn during 2017-2025
The solvents, reagents/catalysts, KSMs/intermediates and building blocks for APIs/advanced intermediates are the key pharmaceutical chemicals used in manufacturing of drugs. The building blocks for APIs/advanced intermediates segment is expected to drive the global pharmaceutical chemicals market during the forecast period. This is due to demand for various APIs for different therapeutic applications as it is of most importance in drug manufacturing. An increase in trend is seen in the outsourcing of building blocks for APIs and advanced intermediates manufactured by pharmaceutical companies.
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Global pharmaceutical chemicals market can be classified into OTC, generic, super generic and proprietary drugs. The proprietary drug segment is expected to drive the global pharmaceutical chemicals market during the forecast period followed by generic and OTC segment. But generic drug segment is anticipated to be the fastest growing among all the drug types due to patent cliffs all over the world during the forecast period. The proprietary drug segment is having a largest share in 2016 followed by generic drugs. Proprietary drugs not only allow companies to use the existing distribution system and marketing techniques, but also offer consumers the trust of the brand name against the rising fear of counterfeits. Patent expiration of branded drugs is a key influencer of the growth and prime reason for generating high revenue for the generic drugs segment.
Global Pharmaceutical Chemicals Market: Regional Analysis
North America held the largest share of the global pharmaceutical chemicals market in 2016. Growth of the region is primarily ascribed to the increase in the demand from consumer base in the region. Europe also held a large share of the global pharmaceutical chemicals market in 2016 and is expected to further grow during the forecast period. Asia Pacific is expected to be the fastest growing due to increase in drug manufacturing and consumer base. The global market share of North America, Europe and Asia Pacific is expected to increase at a high CAGR during the forecast period, while the global market share of Latin America and Middle East and Africa is expected to increase, but at a slow pace during the forecast period.
Global Pharmaceutical Chemicals Market: Key Research Aspects
This report analyzes and forecasts the market for pharmaceutical chemicals at the global and regional level. The market has been forecast based on volume (Tons) and revenue (US$ Mn) from 2017 to 2025, considering 2016 as the base year. The study includes drivers and restraints of the global pharmaceutical chemicals market. It also covers impact of these drivers and restraints on demand for pharmaceutical chemicals during the forecast period. The report also highlights opportunities in the pharmaceutical chemicals market at the global and regional level.
The report includes detailed value chain analysis, which provides a comprehensive view of the global pharmaceutical chemicals market. Porter’s Five Forces model for the pharmaceutical chemicals market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
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Global Pharmaceutical Chemicals Market: Competitive Landscape
The report comprises profiles of major companies operating in the global pharmaceutical chemicals market. Key players operating in the global pharmaceutical chemicals market include, BASF SE, Dishman Group, Johnson Matthey, Lonza Group, Lanxess, Vertellus Holdings LLC, Jubilant Life Sciences Ltd and Porton Fine Chemicals. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
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