The global flow chemistry market is expected to reach a market size of
USD 2.39 billion by 2025, according to a new report by Grand View Research,
Inc. Increasing focus towards cost effectiveness, safety, and environmental
regulations are expected to have a positive impact on the demand over the
forecast period.
U.S. flow chemistry market revenue, by reactor, 2014 - 2025 (USD Million) |
The flow chemistry involves a continuous flow of chemical processes in
order to develop intermediate chemicals that are complex to achieve through the
batch manufacturing process. High control over factors such as reaction time,
temperature, flow, pumped volumes, and pressure allows increased safety levels
in the process.
In depth research report on Flow Chemistry
Market
Further key findings from the report suggest:
·
Petrochemicals
accounted for a significant market share and is expected to witness a CAGR of
over 9%, in terms of revenue on account of highly favorable conditions for the
ethylene and polyethylene manufacturers in North America
·
Pharmaceutical
industry is expected to witness the fastest growth over the forecast period on
account of high flexibility in choice of the solvents as well as temperature
& pressure conditions, thereby resulting in high purity product
·
Continuous
stirred tank reactor segment is expected to grow at a CAGR of over 8% from 2015
to 2025 on account of its high penetration in industrial processing
·
Asia Pacific
is expected to witness a CAGR of over 11% from 2016 to 2025 on account of
rapidly growing investment in pharmaceutical and chemical manufacturing in
China and India
·
The flow
chemistry industry in Central & South America is majorly driven by rapid
urbanization and rising demand for generic drugs
·
In February
2016, Chemtrix appointed Central Scientific Commerce as its distributor in
Japan in order to facilitate direct reactor sales and customer support to the
R&D and production communities in the economy
·
In November
2015, Biotage AB opened a demonstration & application lab in Sweden which
facilitated further research across all the product lines of the company
Grand View Research has segmented the global flow chemistry market on the
basis of application, reactor, and region:
Application Outlook (Revenue, USD Million;
2014 - 2025)
·
Pharmaceuticals
·
Chemicals
·
Academia &
Research
·
Petrochemicals
·
Others
Reactor Outlook (Revenue, USD Million; 2014 -
2025)
·
CSTR
·
Plug Flow
Reactor
·
Microreactor
·
Microwave
System
·
Others
Regional Outlook (Revenue, USD Million; 2014 -
2025)
·
North America
o
U.S.
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
India
o
Japan
·
Central &
South America
o
Brazil
·
Middle East
& Africa
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About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For more
market analysis reports, please visit: http://www.grandviewresearch.com/
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