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Friday, August 27, 2021

Global Flow Chemistry Market to be driven by increased investment from reactor manufacturers and end use industries in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘ Global Flow Chemistry Market Report and Forecast 2021-2026’, gives an in-depth analysis of the  Global Flow Chemistry market, assessing the market based on its segments like reactor, application and major regions like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

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The key highlights of the report include:

Market Overview (2015-2026)

  • Historical Market Size (2020): USD 46 billion
  • Forecast CAGR (2021-2026): 82%
  • Forecast Market Size (2026): USD 2.55 billion

The Global Flow Chemistry market has seen decent growth in the historical period, due to its advantages over the conventional chemical practices of having low costs, ease of execution of reactions, small equipment size and reduced wastage, among other factors.

Industry Definition and Major Segments

Flow chemistry is the study and development of chemical reactions in which the reagents are combined by pumping fluids, including reagent solutions, through tubes at predetermined speeds. The proportions of the reactants are determined by their concentrations as well as their relative flow rates. Many chemical processes have become more effective, cleaner, safer, cheaper, and faster as a result of this technique. Flow chemistry is commonly used in many end-user industries, including pharmaceuticals, plastics, and petrochemicals.

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Based on reactor, the market is segregated into:

  • CSTR
  • Plug Flow Reactor
  • Microreactor
  • Microwave Systems

Based on application, the industry is split into:

  • Pharmaceuticals
  • Chemicals
  • Academia and Research
  • Petrochemicals

The global market for Flow Chemistry includes:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

Increased investment by reactor manufacturers as well as end-users is expected to drive market growth. Various advantages of flow chemistry reactors over batch reactors are projected to improve industry growth over the forecast period. During the forecast period, the industry’s growth is expected to be boosted by increased demand for cost-effectiveness and safety, as well as strict environmental regulations. Regionally, Asia Pacific’s strengthening chemical sector is one of the major contributors for increasing demand of flow chemistry in the region. The region’s chemical sector is heavily influenced by rising demand for cosmetics, soaps, and detergents as emerging economies such as China, India, and Japan move toward a consumer-led economy backed by a growing middle-class population.

Flow chemistry has a few drawbacks as well. For example, heterogeneous mixtures can be difficult to process due to clogging in reaction tubing. Furthermore, if the chemical reaction is sluggish, the process offers no benefits over batch processing.

Key Market Players

The major players in the market are Biotage AB (STO: BIOT), AM Technology, CEM Corporation, Milestone Srl, Syrris Ltd [Blacktrace Holdings Limited], Vapourtec Ltd., ThalesNano Inc. and few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Contact Person:-Ian Bell, Business Consultant
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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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