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Piperidine Market Trends

Report ID: GMI8903
Published Date: Apr 2024
Report Format: PDF

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Piperidine Market Trends

The piperidine industry is witnessing notable trends reflecting its diverse applications and expanding demand. The pharmaceutical industry continues to drive growth, with piperidine being a crucial building block for pharmaceutical intermediates and active ingredients. Additionally, the agrochemical sector relies on piperidine for the synthesis of insecticides, herbicides, and fungicides, fostering its importance in crop protection. Innovations in chemical manufacturing processes are optimizing the production of piperidine, enhancing efficiency and sustainability. Furthermore, increasing research and development activities for novel applications further contribute to the dynamic trends shaping the global market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for piperidine was USD 65 million in 2023 and is expected to register over 6.7% CAGR from 2024-2032 owing to its crucial role as a versatile chemical intermediate in the pharmaceutical industry worldwide.

Piperidine industry from the 99% purity segment recorded USD 41.84 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to stringent quality requirements of various industries, particularly pharmaceuticals and agrochemicals.

Piperidine industry from the pharmaceutical segment held 46% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to its indispensable role in drug synthesis, as piperidine serves as a key building block for various pharmaceutical intermediates and active ingredients.

Allchem Lifescience Pvt. Ltd., Avantor Inc., BASF SE, Jubilant Ingrevia Limited, KOEI CHEMICAL CO., LTD., Merck KGaA, Otto chemie pvt ltd, Robinsons Brothers, Simson pharma limited, and Taj Pharmaceuticals Ltd., are some of the major piperidine companies worldwide.