Asia Pacific industry is expected to account for largest revenue share by 2037. The market in Asia Pacific industry is likely to dominate majority revenue share by 2037, owing to growing chemical sector, along with lower cost of raw materials and labor in the region.
The market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of the growing pharmaceutical research in the region, along with the high investment in healthcare sector. Furthermore, the presence of major pharmaceutical companies in the region is bound to surge the demand for amine, and other chemicals to manufacture drugs, which is projected to boost the regional market growth.
Author Credits: Rajrani Baghel
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