Global Fluorinating Reagents Market is expected to grow at a CAGR of 8.2% during the forecast period 2019-2026.
30% of fluorinating reagents are consumed in all agrochemicals and 20% of all pharmaceuticals contain fluorine, The market is expected to grow at a CAGR of 8.2% during the forecast period 2019-2026. The growing importance of fluorinating compounds in medicinal chemistry, biology, and organic synthesisoffers a major impetus to the discovery of new and mid fluorinating agents that can operate safely and efficiently. Many electrophilic fluorinating agents have been used in synthesis in various end-use industries including pharmaceuticals and agricultural compounds; however, most of these agents are highly aggressive, unstable and require special equipment and care for safe handling. Fluorinating agentsare toxic and corrosive in nature andare well known to have a transformative effect on many drugs and medicines, helping to make them more powerful, selective and metabolically stable. Currently, almostone-fifth of pharmaceutical industryproducts contain fluorine, including around a