Global 3-amino-2,2-dimethylpropionamide Market: Overview
3-amino-2,2-dimethylpropionamide is a versatile intermediate
which is largely used in the synthesis of pharmaceuticals. It is a solid,
organic compound with chemical formula C5H12N2O. It is white to
off-white in color. Its boiling point is 271°C and its melting point ranges
between 74°C and 82°C. 3-amino-2,2-dimethylpropionamide has density of 1.004.
It is easily soluble in dimethyl sulfoxide (DMSO), an organosulfur compound
with chemical formula (CH3)2SO, and methanol. It
is an active pharmaceutical ingredient (API). 3-amino-2,2-dimethylpropionamide
functions primarily as a building block of pharmaceuticals. It is mostly used
as a reagent in the manufacture of Aliskiren, a direct renin inhibitor.
3-amino-2,2-dimethylpropionamide is listed in the United Kingdom Occupational
Exposure Limits, the United Kingdom Maximum Exposure Limits, Domestic
Substances List in Canada, Toxic Substances Control Act (TSCA), and the EU
Derivatives.
Global
3-amino-2,2-dimethylpropionamide Market: Drivers
Increasing demand for
Aliskiren in the pharmaceutical sector is fueling the market for
3-amino-2,2-dimethylpropionamide. Moreover, the demand for
3-amino-2,2-dimethylpropionamide is anticipated to increase significantly in
the near future, primarily due to the rising demand for antihypertensive drugs.
Aliskiren has been approved for use in the treatment of chronic kidney disease
(CKD) and hypertension. There is also a possibility of Aliskiren becoming a
reasonable therapeutic choice for numerous clinical conditions such as diabetes,
cerebrovascular disease, cardiorenal syndrome, stable coronary artery disease,
and peripheral arterial disease in the next few years. This is anticipated to
increase the demand for Aliskiren in the near future, thereby driving the
market for 3-amino-2,2-dimethylpropionamide. Furthermore, the pharmaceutical
industry has witnessed rapid growth in the last few years. The trend is
anticipated to continue throughout the forecast period, thereby propelling the
demand for 3-amino-2,2-dimethylpropionamide.
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Global
3-amino-2,2-dimethylpropionamide Market: Key Segments
The global
3-amino-2,2-dimethylpropionamide market can be segmented based on
purity, application, and region. In terms of purity, the global
3-amino-2,2-dimethylpropionamide market can be divided into less than 99% pure
and more than 99% pure. Based on application, the market can be classified into
R&D, reagents for pharmaceutical drugs, and others.
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Based on region, the global 3-amino-2,2-dimethylpropionamide
market can be segmented into North America, Asia Pacific, Latin America,
Europe, and Middle East & Africa. In terms of consumption, North America
dominated the global 3-amino-2,2-dimethylpropionamide market in 2017, closely
followed by Europe and Asia Pacific. The region is anticipated to dominate the
global market throughout the forecast period. This can be primarily ascribed to
growth of the pharmaceutical industry in the region, particularly in the U.S.
The pharmaceutical industry in North America is the largest continental
pharmaceutical industry worldwide. The U.S. alone accounts for over 45% share
of the global pharmaceutical industry. On the other hand, in terms of
production, Asia Pacific dominates the global 3-amino-2,2-dimethylpropionamide
market. The market in Asia Pacific is anticipated to be expand at a rapid pace
in the next few years. The region is likely to offer substantial growth
opportunities to the market in the near future. Furthermore, India, Japan,
Singapore, South Korea, Australia, and countries in Southeast Asia are
anticipated to offer immense growth opportunities to the
3-amino-2,2-dimethylpropionamide market in Asia Pacific during the forecast
period, owing to growth of the pharmaceutical sector in these countries. The
markets in Latin America and Middle East & Africa are also anticipated to
expand at high growth rates in the near future.
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Global
3-amino-2,2-dimethylpropionamide Market: Key Players
Key players operating in the global
3-amino-2,2-dimethylpropionamide market are BASF AG, Yangzhou Princechem Co.,
Ltd., Zhejiang Tianyu Pharmaceutical Co., Ltd., Hangzhou Coben Pharmaceutical
Co., Ltd., Dishman USA, Inc., Clearsynth Canada INC, Jinan Finer Chemical Co.,
Ltd., LUNA Chemicals Co., Ltd., Ark Pharm, Inc., Shanghai Yuanye Bio-Technology
Co., Ltd., BrightGene Bio-medical Technology Co., Ltd., Advanced ChemBlocks
Inc., Nanjing Ange Pharmaceutical Co., Ltd., Toronto Research Chemicals Inc.,
and Matrix Scientific.
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