Global Pharmaceutical Chemicals Market is segmented by Product (Basic building blocks, advanced intermediates and active ingredients), by Application (Cardiovascular, Neurology, Oncology, Infectious diseases, Metabolic System, Diabetes, Respiratory diseases, Gastrointestinal diseases, Musculoskeletal diseases and Other) is foreseen to reach US$ 147.3 Bn by 2026 at a CAGR of 7.29 %.
Pharmaceutical chemicals demand has increased on account of the increasing generic population across the globe.
Increasing demand for preventive healthcare is expected to be a major factor driving market growth. Obesity and an unhealthy lifestyle are some other most important factors which lead to the occurrence of various diseases such as cardiovascular, neurological, oncological, infectious diseases, metabolic system, diabetes, respiratory, gastrointestinal, and musculoskeletal disorders thereby accelerating the market.
Cardiovascular is anticipated to the fastest growing application segment during the forecast at a CAGR of 8 %.
According to the World Health Organization (WHO), cardiovascular diseases are observed to be the primary cause of fatalities. An escalating generic population has been continuously adding to the demand for generic as well as proprietary drugs as the people aged over 60 invariably suffer from numerous chronic diseases, particularly cardiovascular, respiratory, diabetes, and vitamin deficiency.
This report includes a study of marketing and development strategies, along with the Form portfolios of leading companies. It includes the profiles of leading manufacturers such as Angelini Acraf S.p.A, Albermarle Corporation, Chemada Fine Chemicals, W.R. Grace & Co., and Kenko Corporation, Abbott, Akzo Nobel N.V, Albemarle Corporation, AstraZeneca, BASF SE, Boehringer Ingelheim GmbH, Clariant AG, Eastman Chemical Company, Evonik Industries, GlaxoSmithKlein, Lonza Group Ltd, Merck and co., Roche, Royal DSM N.V and The Dow Chemical Company.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global pharmaceutical chemicals market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making the informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global pharmaceutical chemicals market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market of our clients and at the same time explain global pharmaceutical chemicals market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Pharmaceutical Chemicals Market”.
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