Ferrocene Market size was valued at USD 64.73 million in 2024 and is anticipated to exceed USD 136.38 million by the end of 2037, registering over 5.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of ferrocene is evaluated at USD 67.79 million. The market for derivatives of ferrocene has grown due to their high demand as innovative drug formulation candidates and efficient biological agents. Researchers have looked into and studied creating novel medicine formulations that are used to treat long-term conditions like diabetes and cancer. 10.5% of adults (20–79 years old) have diabetes, according to the IDF Diabetes Atlas (2021), and nearly half of them are unaware that they have the disease. According to IDF forecasts, 783 million adults, or 1 in 8 of the population, will have diabetes by 2045—a 46% rise. Anilines, which are derivatives of ferrocene functionalized in a promising way, have demonstrated strong antidiabetic and anticancer properties.
In addition to these, Iijima, who revealed the manufacture of carbon nanotubes, contributed to the advancement of current nanotechnology. Chemistry is finding that LCA is essential for determining how really "green" a process is. Each discrete reaction step's environmental impact is shown in the LCA result, which also identifies locations where feasible improvements and adjustments could lessen possible negative effects on the market. The market for these novel materials is expanding rapidly, and the ferrocene market badly lacks a thorough examination of the material and energy implications of nanoparticles.
Author Credits: Rajrani Baghel
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