Press release
Flow Chemistry Market Quadruples by 2023; with a ~ 9.68 % of Whooping CAGR | AM Technology, CEM Corporation, Syrris Ltd, Ehrfeld Mikrotechnik, Milestone S.r.l, Chemtrix B.V…
Flow Chemistry Market - Competitive Insights:The leading players in the market are AM Technology, CEM Corporation, Syrris Ltd, Ehrfeld Mikrotechnik, Milestone S.r.l, Chemtrix B.V, Biotage and FutureChemistry Holding BV. The competitive atmosphere in the market is driven by development in innovation for the usage of flow chemistry. The organizations have been putting intensely in R and D and creating instruments that upgrade the generation technique as well as enhance the yield of the product.
Flow Chemistry Market - Industry Outlook and Trend Analysis:
The Flow Chemistry Market was worth USD 0.87 billion in 2014 and is expected to reach approximately USD 2.01 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 9.68% during the forecast period. Expanding infiltration of technology in the pharmaceuticals segment is anticipated to be the real driving component over the gauge time frame. It is considered as green technology because of its environment-friendly nature and outstanding properties compared to the batch production processes. High safety level offered by the technology while performing gas-based responses is foreseen to increase the demand over the estimate time frame. Furthermore, invaluable properties including reduced reaction steps, low maintenance, and controlled environment are expected to boost the market development.
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Flow Chemistry Market - Reactor Outlook and Trend Analysis:
CSTR reactors ruled the worldwide market with an income share of 44.0% in 2015. Compatibility of these reactors amid different reaction stages including fluid stage, gas-fluid stage, and strong fluid stage has prompted the high reception rate over the previous years. In addition, simple construction of these reactors is anticipated to impel its demand over the gauge time frame. Microreactors are anticipated to witness the speediest development over the figure time frame by virtue of quickly developing use in the pharmaceutical and fine chemicals industry.
The Flow Chemistry Market is segmented as follows-
Flow Chemistry Market - By Reactor:
Chemicals
Academia & Research
Petrochemicals
Pharmaceuticals
Others
Flow Chemistry Market - By Application:
Plug Flow Reactor
Microreactor
CSTR
Microwave System
Others
Flow Chemistry Market - Application Outlook and Trend Analysis:
Chemicals represented the biggest share of the overall industry of 37.1% in the worldwide market in 2015. Developing application in fine chemicals and specialty chemicals because of expanding focus towards environmental regulations, safety, and cost-effectiveness is foreseen to drive the request over the figure time frame. Expanding focus on scaling up the generation procedure is anticipated to drive the request from chemical industry. It permits a lessening in the quantity of steps and reaction rate which is probably going to positively affect the market development.
Flow Chemistry Market - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Flow Chemistry Market - Regional Outlook and Trend Analysis:
North America was the biggest market, representing an income offer of 36.8%, in terms of income, in 2015. The presence of booming chemical manufacturing infrastructure combined with technological progressions is anticipated to increase the interest for flow technology in the locale. Moreover, expanding interest in petrochemical producing is anticipated to drive the request over the gauge time frame. Europe is one of the quickest developing regions and represented an income offer of 22.1% in 2016. The area has seen a quick increment in the interest for stream reactors from chemicals industry in the course of recent years.
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Table of Contents:
1.Introduction
1.1.Report Description
1.2.Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2.Executive Summary
2.1.Key Highlights
3.Market Overview
3.1.Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2.Market Dynamics
3.2.1. Drivers
3.2.1.1. Low Operating Cost as Compared to Batch Processes
3.2.1.2. Green and Sustainable Technology
3.2.2. Restraints
3.2.2.1. High R&D and Reactor Cost
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4.Market Analysis by Regions
4.1.North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2014-2023)
4.1.2. Canada Market States and Outlook (2014-2023)
4.1.3. Mexico Market States and Outlook (2014-2023)
4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2014-2023)
4.2.2. France Market States and Outlook (2014-2023)
4.2.3. UK Market States and Outlook (2014-2023)
4.2.4. Russia Market States and Outlook (2014-2023)
4.2.5. Italy Market States and Outlook (2014-2023)
4.2.6. Rest of Europe Market States and Outlook (2014-2023)
4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2014-2023)
4.3.2. Japan Market States and Outlook (2014-2023)
4.3.3. Korea Market States and Outlook (2014-2023)
4.3.4. India Market States and Outlook (2014-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2014-2023)
4.4.South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2014-2023)
4.4.2. Argentina Market States and Outlook (2014-2023)
4.4.3. Columbia Market States and Outlook (2014-2023)
4.4.4. Rest of South America Market States and Outlook (2014-2023)
4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2014-2023)
4.5.2. UAE Market States and Outlook (2014-2023)
4.5.3. Egypt Market States and Outlook (2014-2023)
4.5.4. Nigeria Market States and Outlook (2014-2023)
4.5.5. South Africa Market States and Outlook (2014-2023)
4.5.6. Rest of MEA Market States and Outlook (2014-2023)
5.Flow Chemistry Market, By Application
5.1.Introduction
5.2.Global Flow Chemistry Sales, Revenue and Market Share by Application (2014-2018)
5.2.1. Global Flow Chemistry Sales and Sales Share by Application (2014-2018)
5.2.2. Global Flow Chemistry Revenue and Revenue Share by Application (2014-2018)
5.3.Pharmaceuticals
5.3.1. Global Pharmaceuticals Sales and Growth Rate (2014-2018)
5.4.Chemicals
5.4.1. Global Chemicals Sales and Growth Rate (2014-2018)
5.5.Academia & Research
5.5.1. Global Academia & Research Sales and Growth Rate (2014-2018)
5.6.Petrochemicals
5.6.1. Global Petrochemicals Sales and Growth Rate (2014-2018)
5.7.Other Applications
5.7.1. Global Other Applications Sales and Growth Rate (2014-2018)
6.Flow Chemistry Market, By Reactor
....
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….Continued
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