North America dominates the Active Ingredients Market, with US accounting for 65.20% of sales for new medications launched between 2013-2018, with $55.75 billion spent on pharmaceutical R&D in 2018 (IQVIA, 2019). Asia Pacific is the fastest growing regions and expected the show growth in forecast period. Europe has high demand for active ingredients due to the flourishing pharmaceutical and personal care industries.
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The Active Ingredients Market is driven by skincare products. Factors such as environmental, health and self-care interests, and celebrity endorsements along with social media platforms are significantly influencing the market.
Active Ingredients Market Segmentation
By End-Use
Pharmaceuticals
Herbal Medicine
Agrochemicals
Personal Care & Cosmetics
Others
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Active Ingredients Market Key Players:
AkzoNobel N.V.
BASF SE
Clariant
Evonik Industries AG
Lonza
Sumitomo Corporation
DuPont
Eastman Chemical Company
FMC Corporation
United Phosphorous Limited
Mylan N.V.
Stellar Market Research is leading Electronics research firm, has also published the following reports:
Europe LiDAR Market size was valued at USD 304.02 Bn. in 2023 and the total Europe LiDAR revenue is expected to grow at a CAGR of 13.89% from 2024 to 2030, reaching nearly USD 755.89 Bn. by 2030.
Asia Pacific LiDAR Market size was valued at USD 873.6 Mn. in 2023 and the total Asia Pacific LiDAR revenue is expected to grow at a CAGR of 13.15% from 2024 to 2030, reaching nearly USD 2074.41 Mn. by 2030.
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