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Market Research Forecasts Chiral Technology Market at $7.2 Billion by 2016(May 29, 2012)
ROCKVILLE, MD -- (Marketwire) -- 05/29/12 -- MarketResearch.com has announced the addition of the new report "Global Markets for Chiral Technology," to their collection of Biotechnology market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Chiral-Technology-6948511/
The global chiral technology market was worth nearly $5.3 billion in 2011. This market is expected to increase at a CAGR of 6.5% from 2011 to 2016 and will approach $7.2 billion by the end of the forecast period.
Chiral synthesis products accounted for the majority of the chiral technology market in 2010, with an 80.0% share (i.e., $3.9 billion in revenue). This particular market segment is expected to increase to $4.2 billion by 2011 and $5.7 billion by 2016, a five year CAGR of 6.4%.
The chiral analysis market was valued at $785.7 million in 2010 and grew to $839.4 million in 2011. This market is further projected to reach nearly $1.1 billion by 2016, a CAGR of 5.8% over the five year period.
For more information, visit http://www.marketresearch.com/BCC-Research-v374/Global-Chiral-Technology-6948511/
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