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.
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.
 |
U.S. flow
chemistry market revenue, by reactor, 2014 - 2025 (USD Million)
|
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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