Worldwide "Flow
Chemistry Market" 2025 Industry
research report covers the industry overview with Marketplace Size, Share,
Development, futuristic cost, earnings, demand and distribution data. Its vast
repository offers an analytical summary of the marketplace that can help to the
new and existing player to take a significant decision.
In this report, we
thoroughly examine and analyse the Global market for Flow Chemistry so that
market participants can improve their business strategy and ensure long-term
success. This report provides players with useful information and suggests
result-based ideas to give them a competitive advantage in the global Flow
Chemistry industry. It will show how other players compete in the global Flow
Chemistry Market and explain the strategies you use to differentiate yourself
from other participants.
Download Free Sample
Report Now @ https://www.millioninsights.com/industry-reports/flow-chemistry-market/request-sample
Industry Insights
The global Flow Chemistry
Market size is estimated to reach USD 2.39 billion by 2025, exhibiting a 9.9%
CAGR during the forecast period. Rising penetration of this technology in
pharmaceutical products is likely to drive demand over the forecast period. The
technology demand is driven by growing demand for environmental friendly
processes in comparison with batch manufacturing processes.
The technology provides
favorable properties such as controlled environment, reduced reaction steps,
low maintenance and less space occupancy. The ability of the technology to
bring down production costs is expected to fuel the market growth over the
forecast period. Extensive research and significant advancements such as 3D
printing, microwave irradiation, photochemistry, and gas-based processes
coupled with usage of flow chemistry is likely to further augment penetration
in industry applications.
The lack of regulations
over usage of continuous reactors in the market is expected to aid the adoption
of flow chemistry technology. High R&D cost and high capital associated
with technology is likely to act as a restraint over the forecast period.
Reactor Insights
CSTR reactors accounted
over 40% of the market share in 2015. Early adoption and low cost of product is
expected to play key role in driving the market demand over the forecast
period. These reactors are fully automated in order to control the important
reactor parameters such as pressure, torque, turbidity, pH level, gas flow,
motor speed, and temperature.
Microreactors are likely to
witness fastest growth from 2016 to 2025 with CAGR of 20%. Easy handling of
unstable and hazardous materials coupled with high level of control during
exothermic reactions is likely to fuel the demand for this technology over the
forecast period.
Application Insights
Chemical application
accounted over 30% of revenue share in 2015. Increasing usage of flow chemistry
due to rising focus towards safety and environmental regulations, and cost
effectiveness is likely to propel the market growth of this application over
the forecast period.
Pharmaceuticals is expected
to witness a growth due to increasing old age population and rising health
awareness, which will lead to maximum usage of flow chemistry in this sector.
Regional Insights
North America dominated the
market by accounting over 30% of revenue share in 2015. Technology advancements
and established chemical industry in the region is expected to drive the demand
in this region. Rising petrochemical investment is also expected to have a
positive impact on market growth.
Asia Pacific was the second
largest regional market in 2015. Rising demand for generic drugs is likely to
boost the pharmaceutical industry, which will propel the demand for flow
chemistry. China is the largest producer of pharmaceuticals in this region is
expected to provide large opportunities over the forecast period.
Extensive R & D in the
pharmaceutical industry in countries such as France, Switzerland, UK, and
Germany are likely to propel the demand. Rising petrochemical application in
Middle East is likely to drive the market growth of flow chemistry sector.
Competitive Insights
Key players are PDC
Machines Inc., Little Thing Factory, Lonza, Cambridge Reactor Design, Uniqsis,
Parr Instrument Company, Corning Incorporated, Future Chemistry Holding BV,
Saida FDS Inc., Vapourtec Ltd., Biotage Syrris Ltd., Milestone Srl, CEM
Corporation, and AM Technology.
New product development is
the strategy adopted by market players. Flow chemistry products are distributed
by suppliers. The key suppliers include Sigma Aldrich, Amar Equipment, and John
Morris Scientific. Some of the important consumers are Akzo Nobel Chemicals,
Air Products & Chemicals, Novartis, BASF, and DSM.
Know
More Insights @ https://newsonmarketblog.wordpress.com
No comments:
Post a Comment