SAN FRANCISCO, July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Bulk Paclitaxel – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
What’s New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geography – Strong/Active/Niche/Trivial
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Edition: 17; Released: January 2022
Executive Pool: 1333
Companies: 33 – Players covered include Fresenius Kabi AG; Guilin Huiang Biochemistry Pharmaceutical Co., Ltd.; Hainan Yeshanyuan Pharmaceutical Co., Ltd.; Novasep Holding SAS; Phyton Biotech; Poly Medicure Ltd.; Samyang Biopharmaceuticals Corporation; ScinoPharm Taiwan Ltd.; Teva API, Inc.; Yunnan Hande Bio-tech Co., Ltd./Hande Bio-Source, Inc. (HBS) and Others.
Coverage: All major geography and key segments
Segments: Product (Semi-Synthetic Paclitaxel API, Natural Paclitaxel API); Application (Ovarian Cancer, Breast Cancer, Cervical Cancer, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Bulk Paclitaxel Market to Reach $185.4 Million by 2026
Amid the COVID-19 crisis, the global market for Bulk Paclitaxel estimated at US$98.2 Millionis projected to reach a revised size of US$185.4 Million by 2026, growing at a CAGR of 10.9% over the analysis period. Natural Paclitaxel API, one of the segments analyzed in the report, is projected to record a 10.3% CAGR and reach US$68.8 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Semi-Synthetic Paclitaxel API segment is readjusted to a revised 11.2% CAGR for the next 7-year period.
The US Market is Estimated at $29.6 Million in 2021, While China is Forecast to Reach $38.3 Million by 2026
The Bulk Paclitaxel market in the US is estimated at US$29.6 Million in the year 2021. Chinathe world`s second largest economy, is forecast to reach a projected market size of US$38.3 Million by the year 2026 trailing a CAGR of 14.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 9.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.6% CAGR.
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.