Chemical Licensing Market Size & Analysis – Forecasts To 2025

Chemical Licensing Market Insights

The chemical licensing market is projected to grow at a high CAGR over the coming years as it is one of the easiest and least expensive ways to procure technological advanced solutions and relevant information. The need for efficient and accelerated production techniques is expected to augment demand for chemical licenses in the various applications sectors.

Chemical Licensing Market: Product Insights

On the basis of product the chemical licensing market is segmented into technology licensing, intellectual property licensing, and chemical processing licensing. Technology licenses include new technologies introduced in the market and commercialization of improved technologies. Intellectual property licenses include patents, sharing technical know how etc. Chemical processing technology includes licensing of complex or advanced manufacturing techniques, commissioning, designs, and provides startup guidance and training.

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Chemical Licensing Market: Application Insights

On the basis of application, the chemical licensing market is segmented into biological processes, pharmaceutical, materials, energy & power, environmental, chemistry, food & beverages, and others. Increasing investment in research and development in coatings, polymers, processes, specialty chemicals, composites, medicines and drugs is projected to a positively influence demand for chemical licenses over the coming years.High funding by government and private institutions in research & development of chemical processes and speciality chemicals is expected to foster market demand for chemical licenses. New product development is very critical for a company’s success and sustainability, acquiring chemical licenses will therefore benefit companies.

Chemical Licensing Market: Regional Insights

The demand for chemical licenses in the Asia Pacific market is projected to grow at a high CAGR on account of growing number of small and medium enterprises engaged in various production activities. Industrialization and expanding manufacturing capabilities in the Asia Pacific is expected augment growth in developing Asia Pacific countries.

The North America region occupied a large share in 2016 and is projected to witness a high demand for chemical licenses due to its faster technological acceptance and adoption rate. The need for efficient manufacturing process and equipments is projected to foster demand in the European and Central & South American region.

Chemical Licensing Market: Vendor Landscape

The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.

Chemical Licensing Market: End-Use Landscape

The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic and inorganic growth strategies among others. Some of the companies who are likely to use chemical licensing include Ashland, ADAMA Agricultural Solutions, and Asahi Glass among others.

Chemical Licensing: Market Share & Competitor Analysis

Some of the prominent companies engaged in chemical licensing market include E. I. du Pont de Nemours and Company, Johnson Matthey, Mitsui Chemicals, ExxonMobil Chemical, Chevron Phillips Chemical, Eastman Chemical Company, NOVA Chemicals Corporation, Shell Global, and LyondellBasell among others.

In June 2017, Swedish Chemicals Agency (Kemi) amended rules with regards to licenses for private handling of hazardous chemical products and commercial transfer in Sweden. In April 2017, Mitsubishi Chemical Corporation entered into licensing of the company-owned patents for polyester polyol and polyurethane with other companies or organizations.

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This release was published on openPR.