Press release
Pharmaceutical Chemicals Market to Reach $178.87 Billion by 2029, Fueled by Growing Generics and Chronic Disease Prevalence
Pharmaceutical Chemicals Market
The report provides an in-depth analysis of the global pharmaceutical chemicals market, covering market dynamics, segmentation, regional landscape, and competitive scenario. It aims to offer a comprehensive overview to industry stakeholders.
Robust research methodologies, including PORTER and PESTEL analysis, have been employed to understand the market's micro-economic factors and their potential impact.
Market Values:
The Global Pharmaceutical Chemicals Market size was valued at US$ 117.40 Billion in 2022, and the total revenue is expected to grow at a CAGR of 6.2% from 2023 to 2029, reaching nearly US$ 178.87 Billion.
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Market Drivers
Rapid growth in demand for generics and biopharmaceuticals
Increasing medical expenditure and launch of new treatments
Growing prevalence of chronic diseases driven by unhealthy lifestyles
Market Restraints
Volatile nature of healthcare industry in terms of pricing, product launches, and competition
Key Segments
By Application: Cardiovascular segment was the largest in 2021, followed by diabetes and neurology
Oncology segment expected to drive demand due to ongoing R&D for improved cancer treatments
Regional Insights
North America dominated the market in 2021, led by stringent regulations and preference for preventive healthcare
Asia-Pacific region projected to witness fastest growth, driven by population growth, rising incomes, and increasing healthcare spending
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What is Pharmaceutical Chemicals Market Segmentation:
by Type
• Proprietary
• Non-proprietary
• Others
by Application
• Cardiovascular
• Infectious Diseases
• Diabetes
• Respiratory Disease
• Metabolic System
• Others
In terms of application, the cardiovascular market had the biggest share in 2021. Pharmaceutical chemicals find application in the manufacturing of drugs and therapies aimed at treating heart and blood vessel problems. These days, diabetes is one of the most common diseases in the world. Patients with diabetes are often required to follow a special diet in order to manage their disease. This diet sometimes includes expensive products and drugs. These characteristics suggest that during the course of the projection period, the diabetic medicine sector will likely increase at a quick pace.
Neurological disorders are highly prevalent due to various factors including genetic disorders, environmental exposure, infections, malnutrition, and brain injury. Pharmaceutical companies have developed drugs that target the body's nerve abnormalities and work to restore normal brain activity. Novel pharmacological approaches, such as glutamate modulators, have emerged as promising treatments for neurodegenerative diseases. The pharmaceutical chemicals business has benefited from these trends, and it is anticipated that they will do so going forward.
by Industry Vertical
• Chemical & Petrochemical
• Healthcare
• Others
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Who are Pharmaceutical Chemicals Market Key Players:
• Lonza
• Porton Fine Chemicals
• Dishman
• Lanxess
• Johnson Matthey
• Vertellus Holdings
• Jubilant Life Sciences
• Hikal
• Abbott
• Kenko Corporation
• W.R. Grace &Co
• Albemarle Corporation
• BASF SE
• Clariant AG
• Royal DSM N.V.
• Eastman Chemical Corporation
• Dow Chemical Company
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Table of content for the Pharmaceutical Chemicals Market includes:
Global Pharmaceutical Chemicals Market: Research Methodology
Global Pharmaceutical Chemicals Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Pharmaceutical Chemicals Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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