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Grignard Reagents Market

Market Insights on Grignard Reagents covering sales outlook, demand forecast & up-to-date key trends

Grignard Reagents Market By Application Type (Catalyst, Stabilisers), End User (Pharmaceuticals, Agrochemicals, Flavours and Fragrances) & Region - Forecast to 2016 - 2026

The Grignard Reagents market in Europe and NAFTA to spur in the next 10 years

Grignard reagents are a class of organometallic compounds representing a standard formula R-Mg-X, wherein R is an organic group and X is an atom belonging to the halogen group. Grignard chemicals hold a strong negative charge at the carbon atom and therefore are more attracted towards the positively charged molecules and atoms; this makes Grignard reagents highly reactive and useful for various chemical synthesis and catalytic applications.

The Grignard chemistry has vast applications in the pharmaceutical sector as it is used for the manufacture of several important drugs and medicines that are used to cure severe prolonged diseases including cancer. The sales revenue of Grignard reagents in the NAFTA and Europe regions is estimated to reach US$ 2.8 Bn by the end of 2016 and is expected to increase at a CAGR of 4.2% over the forecast period (2016–2026).

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The rampant rise in cancerous diseases will add fodder to the organic growth of the Grignard Reagents market spread across the continents

Development of eco-friendly Grignard reagents is leading to their increased consumption across various end-use industries. Growing use of Grignard chemistry in medicines, coupled with the macroeconomic growth of the pharmaceutical industry, is driving adoption of Grignard reagents in the NAFTA and Europe region. Various important medicines such as Tamoxifen used for the treatment of breast cancer and cough syrups, etc. use Grignard chemicals during their synthesis.

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However, due to the high reactivity of Grignard reagents, utmost care and safety precautions are required during their manufacturing, use and transportation. Owing to their versatility, manufacturers are highly focussed on developing new products and compounds using Grignard chemistry. Market players in the NAFTA and Europe region are found to have been increasing their market shares actively through various mergers and acquisitions.

Soil enriching property of Grignard reagents is opening a new alley of opportunity for the market

On the basis of application, the NAFTA and Europe Grignard Reagents market is segmented into catalyst, stabilisers, and others segment. The catalyst and stabilisers segments collectively accounted for over two-thirds value share in 2015. The others segment is expected to expand at a value CAGR of 3.5% over the forecast period.

Grignard reagents are commonly used to manufacture chemo-catalyst for its application in pharmaceutical and chemical industries. Due to the development of eco-friendly products with soil enriching properties, the market for Grignard reagents is making a leeway in the agrochemical industry.

On the basis of the end user, the NAFTA and Europe Grignard Reagents market is segmented into pharmaceuticals, agrochemicals, flavour & fragrance, packaging, and research segments. In 2015, the pharmaceutical segment accounted for more than half of the total volume shares and is expected to expand at a CAGR of 3.7% over the forecast period.

Agrochemical and flavour & fragrance segments are estimated to account for a collective value share of 27.8% by the end of 2016. The research segment is expected to expand at a value CAGR of 3.8% over the forecast period.

Nikhil Kaitwade
Principal Consultant
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Can the growth of the Grignard Reagents market cross the boundaries of the orthodox markets during the forecast period?

On the basis of geography, the Grignard Reagents market is confined to NAFTA and Europe regions. The Grignard Reagents market in the NAFTA region, expanding at a value CAGR of 4.5%, is expected to reach US$ 2.3 Bn by the end of the forecast period. Pharmaceutical industry growth and increasing research and development activities are expected to drive regional market growth. The Grignard Reagents market in Europe is expected to expand at a value CAGR of 3.9% over the forecast period.

Strong web of distributors and key mergers keeping the global market afloat

Key players dominating the Grignard Reagents market include Albemarle Corporation, FMC Corporation, SABIC, Weylchem GmbH, GFS Chemicals, Rieke Metals Inc, Thermo Fischer Scientific, Boulder Scientific Company, Pentagon chemicals, Ltd and Chemoxy International Ltd.

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Market segmentation

By Application

  • Catalyst
  • Stabilisers
  • Others

By End User

  • Pharmaceuticals
  • Agrochemicals
  • Flavours and Fragrances
  • Packaging
  • Research

By Region

  • NAFTA (US, Canada, and Mexico)
  • Europe (Germany, France, U.K, Spain, Italy, Russia,
  • Rest of Europe )

Frequently Asked Questions

The Grignard reagents market is likely to secure a CAGR of 4.2% through 2032.

The size of Grignard reagents market is estimated to cross US$ 6.56 billion by 2032.

The Grignard reagents market is likely to record a value of US$ 4.35 billion in 2022.

Europe is likely to lead the Grignard reagents market.

Table of Content

1. Executive Summary

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

3. Grignard Reagent Market Analysis Scenario

3.1. Grignard Reagent Historical Sales Analysis, 2010–2015

3.2. Market Volume Analysis

3.3. Pricing Analysis

3.3.1. Pricing Assumptions

3.3.2. Price Projections Per Region

3.4. Market Size (US$ Mn) and Forecast

3.4.1. Market Size and Y-o-Y Growth

3.4.2. Absolute $ Opportunity

3.5. Market Overview

3.5.1. Value Chain

3.5.2. Profitability Margins

3.5.3. List of Active Participants

3.5.3.1. Raw Material

3.5.3.2. Manufacturers

3.5.3.3. Distributors / Retailers

4. Market Dynamics

4.1. Drivers

4.1.1. Supply Side

4.1.2. Demand Side

4.2. Restraints

4.3. Opportunity

5. Grignard Reagent Market Analysis and Forecast, By Application

5.1. Introduction

5.1.1. Basis Point Share (BPS) Analysis By Application

5.1.2. Y-o-Y Growth Projections By Application

5.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Application

5.2.1. Catalyst 

5.2.2. Stabilizers 

5.2.3. Others

5.3. Market Attractiveness Analysis By Application

5.4. Prominent Trends

6. Grignard Reagent Market Analysis and Forecast, By End User

6.1. Introduction

6.1.1. Basis Point Share (BPS) Analysis By End User

6.1.2. Y-o-Y Growth Projections By End User

6.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End User

6.2.1. Pharmaceuticals 

6.2.2. Agrochemicals 

6.2.3. Flavors & Fragrance

6.2.4. Packaging 

6.2.5. Research

6.3. Market Attractiveness Analysis By End User

6.4. Prominent Trends

7. Grignard Reagent Market Analysis and Forecast, By Region

7.1. Introduction

7.1.1. Basis Point Share (BPS) Analysis By Region

7.1.2. Y-o-Y Growth Projections By Region

7.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Region

7.2.1. NAFTA

7.2.2. Europe

7.3. Market Attractiveness Analysis By Region

8. NAFTA Grignard Reagent Market Analysis and Forecast

8.1. Introduction

8.1.1. Basis Point Share (BPS) Analysis By Country

8.1.2. Y-o-Y Growth Projections By Country

8.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country

8.2.1. U.S.

8.2.2. Canada

8.2.3. Mexico

8.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Application

8.3.1. Catalyst 

8.3.2. Stabilizers 

8.3.3. Others

8.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End User

8.4.1. Pharmaceuticals 

8.4.2. Agrochemicals 

8.4.3. Flavors & Fragrance

8.4.4. Packaging 

8.4.5. Research 

8.5. Market Attractiveness Analysis

8.5.1. By Country

8.5.2. By Application

8.5.3. By End User

8.6. Drivers and Restraints: Impact Analysis

9. Europe Grignard Reagent Market Analysis and Forecast

9.1. Introduction

9.1.1. Basis Point Share (BPS) Analysis By Country

9.1.2. Y-o-Y Growth Projections By Country

9.2. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Country

9.2.1. Germany

9.2.2. Italy

9.2.3. France

9.2.4. U.K.

9.2.5. Spain

9.2.6. Russia

9.2.7. Rest of Europe

9.3. Market Size (US$ Mn) and Volume (Tonnes) Forecast By Application

9.3.1. Catalyst 

9.3.2. Stabilizers 

9.3.3. Others

9.4. Market Size (US$ Mn) and Volume (Tonnes) Forecast By End User

9.4.1. Pharmaceuticals 

9.4.2. Agrochemicals 

9.4.3. Flavors & Fragrance

9.4.4. Packaging 

9.4.5. Research 

9.5. Market Attractiveness Analysis

9.5.1. By Country

9.5.2. By Application

9.5.3. By End User

9.6. Drivers and Restraints: Impact Analysis

10. Competition Landscape

10.1. Competition Dashboard

10.2. Company Profiles (Details – Overview, Financials, Strategy, Recent Developments)

10.3. Global Players

10.3.1. Albemarle Corporation 

10.3.2. FMC Corporation

10.3.3. SABIC

10.3.4. Weylchem GmbH

10.3.5. GFS Chemicals

10.3.6. Rieke Metals Inc.

10.3.7. Thermo Fischer Scientific

10.3.8. Boulder Scientific Company

10.3.9. Pentagaon Chemicals Ltd

10.3.10. Chemoxy International Ltd

11. Assumptions and Acronyms Used

12. Research Methodology

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List of Tables

Table 1: Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by Application, 2015–2026

Table 2: Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by End User, 2015–2026

Table 3: Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by Region, 2015–2026

Table 4: NAFTA Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by Country, 2015–2026

Table 5: NAFTA Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by Application, 2015–2026

Table 6: NAFTA Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by End User, 2015–2026

Table 7: Europe Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by Country, 2015–2026

Table 8: Europe Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by Application, 2015–2026

Table 9: Europe Grignard Reagent Market Value (US$ Mn) and Volume (KT) Forecast by End User, 2015–2026

Nikhil Kaitwade
Principal Consultant
LinkedIn
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List of Charts

Figure 1: Grignard Reagent Market Volume (KT) and Value (US$ Mn) Forecast, 2015—2026

Figure 2: Grignard Reagent Market Absolute $ Opportunity (US$ Mn), 2016—2026

Figure 3: Grignard Reagent Market BPS Analysis by Application, 2016–2026

Figure 4: Grignard Reagent Y-o-Y Growth Comparison by Application, 2015–2026 

Figure 5: Catalyst Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 6: Catalyst Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure7: Catalyst Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 8: Grignard Reagent Market Attractiveness Analysis by Application, 2016–2026

Figure 9: Grignard Reagent Market BPS Analysis by End User, 2016–2026

Figure 10: Grignard Reagent Y-o-Y Growth Comparison by End User, 2015–2026 

Figure 11: Grignard Reagent Market, Absolute $ Opportunity (US$ Mn) for Pharmaceutical, 2016–2026

Figure 12: Grignard Reagent Market, Absolute $ Opportunity (US$ Mn) for Agrochemical, 2016–2026

Figure 13: Grignard Reagent Market, Absolute $ Opportunity (US$ Mn) for Flavour & Fragrance, 2016–2026

Figure 14: Grignard Reagent Market, Absolute $ Opportunity (US$ Mn) for Packaging, 2016–2026

Figure 15: Grignard Reagent Market, Absolute $ Opportunity (US$ Mn) for Research, 2016–2026

Figure 16: Grignard Reagent Market Attractiveness Analysis by End User, 2016–2026

Figure 17: Grignard Reagent Market BPS Analysis by Region, 2016–2026

Figure 18: Grignard Reagent Y-o-Y Growth Comparison by Region, 2015–2026 

Figure 19: NAFTA Grignard Reagent Market, Absolute $ Opportunity (US$ Mn, 2016–2026

Figure 20: Europe Grignard Reagent Market, Absolute $ Opportunity (US$ Mn, 2016–2026

Figure 21: Grignard Reagent Market Attractiveness Analysis by Region, 2016–2026

Figure 22: NAFTA Grignard Reagent Market BPS Analysis by Country, 2016–2026

Figure 23: NAFTA Grignard Reagent Y-o-Y Growth Comparison by Country, 2015–2026

Figure 24: U.S. Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 25: Canada Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 26: Mexico Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 27: NAFTA Grignard Reagent Market BPS Analysis by Application, 2016–2026

Figure28: NAFTA Grignard Reagent Y-o-Y Growth Comparison by Application, 2015–2026

Figure 29: NAFTA Grignard Reagent Market BPS Analysis by End User, 2016–2026

Figure 30: NAFTA Grignard Reagent Y-o-Y Growth Comparison by End User, 2015–2026

Figure 31: NAFTA Market Attractiveness Analysis, By Country, 2016 - 2026

Figure 32: NAFTA Market Attractiveness Analysis, By Application, 2016 - 2026

Figure 33: NAFTA Market Attractiveness Analysis, By End User, 2016 - 2026

Figure 34: Europe Grignard Reagent Market BPS Analysis by Country, 2016–2026

Figure 35: Europe Grignard Reagent Y-o-Y Growth Comparison by Country, 2015–2026

Figure 36: Germany Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 37: France Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 38: U.K. Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 39: Spain Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 40: Italy Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 41: Russia Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 42: Rest of Europe Grignard Reagent Market, Absolute $ Opportunity (US$ Mn), 2016–2026

Figure 43: Europe Grignard Reagent Market BPS Analysis by Application, 2016–2026

Figure 44: Europe Grignard Reagent Y-o-Y Growth Comparison by Application, 2015–2026

Figure 45: Europe Grignard Reagent Market BPS Analysis by End User, 2016–2026

Figure 46: Europe Grignard Reagent Y-o-Y Growth Comparison by End User, 2015–2026

Figure 47: Europe Market Attractiveness Analysis, By Country, 2016 - 2026

Figure 48: Europe Market Attractiveness Analysis, By Application, 2016 - 2026

Figure 49: Europe Market Attractiveness Analysis, By End User, 2016 – 2026

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