Globally the market for small molecule API is increasing rapidly. The major factors that drive the growth of small molecule API are rise in demand for the small molecule drugs, entry of big CMO’s into the business, Development in the infrastructure in the pharmaceutical industry, rising access to the medication in the people from developing and underdeveloped countries and others. Globally the market for small molecule API is expected to grow at the rate of about 7.0% from 2016 to 2027.
