Flow Chemistry Market To Reach Around US$ 2,890.2 Million By 2027

Global flow chemistry market was valued at 1.390.1 Mn market in 2019 and is forecast to reach a value of US$ 2,890.2 Mn by 2027 at a CAGR of 9.5% between 2015 and 2025.

Flow chemistry involves the running of reaction in a flowing stream rather than in batches. In this process, pumps are used to initiate the movement of fluid into a tube. Flow chemistry enable safer, cleaner, efficient, and cheaper chemical processes. Flow chemistry enhances reaction time and safety and also offer multi-step synthesis.

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Key companies covered as a part of this study AM Technology, Chemtrix BV, FutureChemistry Holdings B.V., Koninklijke DSM N.V., Lonza Group Ltd., Milestone S.r.l, Syrris Ltd., ThalesNano inc., Uniqsis Ltd., and Vapourtec Ltd.

Market Dynamics

Expansion of the chemical industry due to increasing production and consumption of chemicals around the globe is projected to augment the market growth of the flow chemistry. According to the Cefic Facts & Figures 2020, global chemicals turnover was valued at €3,347 billion in 2018 and sales grew by 2.5% from €3,266 billion in 2017 to €3,347 billion in 2018. Thus, growth in the chemical industry is propelling the market growth of flow chemistry.

Market Opportunities

The growing use of flow chemistry in the production of nanoparticles, bio-fuels, and bulk chemicals is projected to provide potential opportunities in the near future. They are widely used in the continuous production of nanostructures, which are used in the bio-chemical sensing, photovoltaics, and displays. Thus, emerging such application of flow chemistry in nanoparticles and bulk chemicals is projected to foster the market growth of the flow chemistry.

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Global Flow Chemistry Market, By Product Type:
Microreactor Systems
Continuous Stirred Tank Reactor (CSTR)
Plug Flow Reactor (PFR)
Others
Global Flow Chemistry Market, By End-User:
Pharmaceutical
Chemical
Academic & industrial research
Petrochemical
Others

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