Global “Flow Chemistry” Market Report gives complete framework data on market definition, research methodology, current scenario, dynamics, major conclusions, market Segmentation by technology, product types, application and geography. Flow Chemistry market report also covers a study on the competitive landscape which describes mergers and acquisition. And also provides analysis on agreements, collaborations, and partnerships between leading key players in Flow Chemistry market growth.
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- In Flow Chemistry, two or more reagents are continuously pumped into a flow-reactor, where they mix and subsequently react under thermal control. Flow Chemistry has some major advantages. Mixing can be achieved within seconds and reaction temperature can raised above the solvent's boiling point, resulting in faster reactions. Flow Chemistry enables excellent reaction selectivity. The rapid diffusion mixing avoids the issues found in batch reactors. The high surface area to volume ratio (1000x greater than a batch reactor) enables almost instantaneous heating or cooling and therefore ultimate temperature control, resulting in cleaner products.
- The Flow Chemistry market is driven by rising demand in sustainable equipments, energy savings devices as well by safe and flexible processes. The continuous demand for flow devices caters to wide range of applications in the chemicals and pharmaceuticals industries. The major devices discussed in the report are Continuous Stirred Tank Reactors (CSTR), Plug Flow Reactors (PFR), Micro reactor systems (MRT), Microwave systems and others. Out of all devices, MRT systems market is estimated to grow by 7.95% till 2022.
- The global flow chemistry market size is primarily driven by various advantages offered by process over batch reactors. It offers minimized maintenance & capital costs, low operating costs & energy usage, low installations cost, high scalability along with continuous processing, efficient & swift mixing of reactants, high mass & heat transfer and improved reaction control. All these above-mentioned process traits result in superior purified products and reaction yields along with diminished energy usage. This will subsequently boost flow chemistry market growth.
- Safety concerns and fume emissions are the major factors considered in the chemical manufacturing companies, as these fumes are highly toxic and hazardous for workers and the environment. For instance, majority of the chemical manufacturing processes releases carbon dioxide, which is a notable contributor for pollution. Increasing flow chemistry technologies and equipment applications in laboratories for chemical organic synthesis will positively influence the global flow chemistry market size over the projected timeframe.
- Rising focus towards sustainable manufacturing process in the chemical and pharmaceutical industry will fuel business growth. The process involves minimum heat exchange as compared with conventional batch processes, which ultimately offers effective and precise results and therefore improves the productivity. This makes the process widely accepted across end-user industries including pharmaceutical. Furthermore, batch reactors are not suitable for wide variety of chemical reactions owing to massive heat evolved during the process. Flow chemistry offers safer chemical reactions, considering both environmental and human/worker safety concerns. Furthermore, it also offers a harmless method for heating huge volumes of combustible chemicals and materials. This is forecast to positively stimulate the global flow chemistry market size by 2022.
- The flow chemistry market share offers various competitive advantage over conventional batch processes. However, concerns regarding technology scale up for commercialization is the biggest challenge faced by the industry including pharmaceutical and chemical, as the initial technology was developed precisely for the laboratory purposes. Scaling up for commercialization will extensively require new investments for labs and adaptable equipment. This trend is likely to hamper the global flow chemistry market size by 2022. For instance, microreactor systems are not capable to contend with huge manufacturing units owing to its multipart structure. However, emerging industry applications across bio-diesel manufacturing process owing to its high effectiveness, minimum raw material consumption and low carbon emissions will positively impact the business growth by 2022.
- Microreactor system flow chemistry is anticipated to observe highest gains more than 15% CAGR over the estimated timeframe. These systems have superior mass and heat transfer characteristics, which allows it to effectively control the heat evolved during the chemical reaction. These are also extensively used at small scale such as academic and industrial research. However, the industry is witnessing technological advancements, which makes these systems desirable across large scale applications as they require less energy. This will boost business growth over the projected timeframe.
- The global flow chemistry market size for pharmaceutical is the fastest growing segment by 2022, as it helps to offers high yield along with low operational cost and will positively impact the industry growth over the estimated period. It also offers high safety measures as compared to batch reactors. In additional pharmaceutical industry share contributors including Chemtrix BV are widely accepting flow chemistry for medicines and drug manufacturing. This trend will boost the overall industry growth by 2022.
- North America, led by the U.S. flow chemistry market size is forecast to witness gains more than 13% CAGR over the projected timeframe. Robust pharmaceutical industry in the region is the major factor contributing the overall regional industry growth. Furthermore, substantial petrochemical and natural gas feedstock in the U.S. will boost regional growth.
- Asia Pacific, led by China and India, dominated the global flow chemistry market size in 2015. Prevalence of strong chemical manufacturers in China and India will boost industry growth. Furthermore, drifting manufacturer focus in setting up manufacturing facilities in Asia Pacific on account of low initial investment and favoring government regulations will drive regional industry by 2024.
- Over the next five years, () projects that Flow Chemistry will register a 12.6% CAGR in terms of revenue, reach USD 150 million by 2023, from USD 75 million in 2017.
Flow Chemistry Market report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
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Major key players are given in the report are:
- Uniqsis Ltd
- YMC Engineering
In this Flow Chemistry market forecast Report development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions and other regions can be added as follows: - Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
According to this research, over the next 5 years the Flow Chemistry market size will record a highest CAGR in terms of revenue till 2023. In particular, this report presents the global Flow Chemistry market share (sales and revenue) of key companies in Flow Chemistry business.
Flow Chemistry Market Segmentation Analysis:
Segmentation by product type:
- Continuous Stirred Tank Reactors (CSTR)
- Plug Flow Reactors (PFR)
- Micro reactor systems (MRT)
Segmentation by application:
- Chemical industry
- Academic & Research
Key Reasons to Purchase this Flow Chemistry Report:
- To know how the increasing growth rate of Flow Chemistry is expected affect market scenario
- Flow Chemistry report analyses various perspectives of the market with the help of Porter’s five forces analysis
- Product Type and end user that are expected to dominate the market
- Global Regions that are estimated to witness the fastest growth during the forecast period
- Report Identifies the latest developments, market shares, and strategies employed by the major market players.
Flow Chemistry Research objectives:
To study and analyse the global Flow Chemistry consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2023.
To understand the structure of Flow Chemistry market by identifying its various sub segments.
Focuses on the key global Flow Chemistry manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyse the Flow Chemistry market trends with respect to individual growth, future prospects, and their contribution to the industry.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Flow Chemistry submarkets, with respect to key regions (along with their respective key countries).
To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyse their growth strategies.
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Table of Contents
2018-2023 Global Flow Chemistry Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Flow Chemistry Consumption 2013-2023
2.1.2 Flow Chemistry Consumption CAGR by Region
2.2 Flow Chemistry Segment by Type
2.2.1 Continuous Stirred Tank Reactors (CSTR)
2.2.2 Plug Flow Reactors (PFR)
2.2.3 Micro reactor systems (MRT)
2.3 Flow Chemistry Consumption by Type
2.3.1 Global Flow Chemistry Consumption Market Share by Type (2013-2018)
2.3.2 Global Flow Chemistry Revenue and Market Share by Type (2013-2018)
2.3.3 Global Flow Chemistry Sale Price by Type (2013-2018)
2.4 Flow Chemistry Segment by Application
2.4.1 Chemical industry
2.4.3 Academic & Research
2.5 Flow Chemistry Consumption by Application
2.5.1 Global Flow Chemistry Consumption Market Share by Application (2013-2018)
2.5.2 Global Flow Chemistry Value and Market Share by Application (2013-2018)
2.5.3 Global Flow Chemistry Sale Price by Application (2013-2018)
3 Global Flow Chemistry by Players
3.1 Global Flow Chemistry Sales Market Share by Players
3.1.1 Global Flow Chemistry Sales by Players (2016-2018)
3.1.2 Global Flow Chemistry Sales Market Share by Players (2016-2018)
3.2 Global Flow Chemistry Revenue Market Share by Players
3.2.1 Global Flow Chemistry Revenue by Players (2016-2018)
3.2.2 Global Flow Chemistry Revenue Market Share by Players (2016-2018)
3.3 Global Flow Chemistry Sale Price by Players
3.4 Global Flow Chemistry Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Flow Chemistry Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Flow Chemistry Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Flow Chemistry by Regions
4.1 Flow Chemistry by Regions
4.1.1 Global Flow Chemistry Consumption by Regions
4.1.2 Global Flow Chemistry Value by Regions
4.2 Americas Flow Chemistry Consumption Growth
4.3 APAC Flow Chemistry Consumption Growth
4.4 Europe Flow Chemistry Consumption Growth
4.5 Middle East & Africa Flow Chemistry Consumption Growth
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