MicroMarket Monitor
Chiral separation columns market has been pegged at $68.1 million in the year 2013 growing at 5.2% annually and is projected to reach $87.8 million by the end of the year 2018.
(PRWEB) May 21, 2014
As per the new report, Chiral Separation Columns Market has been pegged at $68.1 Million in the year 2013 growing at 5.2% annually and is projected to reach $87.8 Million by the end of the year 2018. In Chiral Column Chromatography, the stationary phase contains a single enantiomer of a chiral compound which possesses different kinds of activities. Owing to this, in recent years, optically active compounds have generated a wide interest in many fields such as pharmaceutical, natural products, and agrochemicals. Due to increasing environmental concerns, there is a moving trend towards green chemistry resulting in the rising demand of chiral separation columns.
Browse through detailed TOC on the “Chiral Separation Columns Market”: http://www.micromarketmonitor.com/market-report/chiral-separation-columns-reports-4597675215.html.
North America accounts for the largest share of the chiral separation columns market. This market is expected to grow at a CAGR of 5.4% from 2013 to 2018. The high share and growth of the North American chiral separation column market is due to the increased funding in medical research by the U.S. government, increased conferences, symposia, and seminars on chromatography in North America. The demand for optical active compounds and patent applications such as the application for methadone chiral isolate patent in the U.S. are fueling the growth of this market.
Browse through detailed TOC on the “North America Chiral Separation Columns Market”: http://www.micromarketmonitor.com/market/north-america-chiral-separation-columns-6853964207.html.
The European market for chiral separation columns is anticipated to grow at a CAGR of 4.9% from 2013 to 2018. Enantiomers exhibiting different kinds of chemical, pharmacological, and toxicological activities, and the demand for optical active compounds have helped drive the chiral separation columns market in Europe. The gradual shift towards green chemistry propelling the use of chiral chromatography is also driving the growth of this technology. However, the high cost of HPLC-Chiral compounds is limiting the growth of this market.
Browse through detailed TOC on the “European Chiral Separation Columns Market”: http://www.micromarketmonitor.com/market/europe-chiral-separation-columns-1394060253.html.
Asia is the third-largest contributor in the chiral separation columns market, and is predicted to grow at a CAGR of 5.6% from 2013 to 2018. This market is growing due to the significant contribution of Asian countries such as India, China, Singapore, Malaysia, Vietnam, Korea, and Japan. The high growth of this market is attributed to factors such as a rise in chromatography research activities in India, and infrastructure developments in countries like Vietnam. The major end-users for the Asian chiral separation columns market include academics, the food and beverage industry, and the pharmaceutical industry.
Browse through detailed TOC on the “Asia Chiral Separation Columns Market”: http://www.micromarketmonitor.com/market/asia-chiral-separation-columns-1035742400.html.
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