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Flow Chemistry Market Revenue Analysis, Company Revenue Share, Global Forecast Till 2028

08-18-2021 02:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Reports and Data

Flow Chemistry Market Revenue Analysis, Company Revenue Share,

The global Flow Chemistry market research report published by Reports and Data is a comprehensive assessment of the Flow Chemistry industry with regards to key companies in the market, market size, share, revenue, demand, drivers, restraints, regional bifurcation, segments and sub-segments of the market. The study evaluates the market from various dimensions to deliver an end-product that is accurate, reliable, informative, and elaborate and includes detailed market segmentation, regional analysis, and competitive landscape of the Flow Chemistry market.
Flow chemistry has evolved significantly in recent years, from a simple laboratory technique to a multistep, complex method. One of the most popular applications of continuous flow technology is in the chemical industry. The molecular toolbox is being extended by new avenues of reaction chemistry. Machine intelligence and sustainable manufacturing are examples of next-generation engineering ideas that have become a reality, allowing for unprecedented interdisciplinary collaboration. Emerging trends and technological advances have produced growth opportunities for the flow chemistry market in academia and research. Traditional chemistry laboratories and scientific discovery infrastructure are said to be being revolutionised by flow chemistry. The groundwork for future industries such as continuous-flow biologics, biopharmaceuticals, and the introduction of the nanomaterials revolution is being laid now.

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The key obstacles to be overcome are the need for very quick reaction conditions, possible fouling risks, highly active stable catalysts, clogging, and chemical leaks. Challenges such as catalyst deactivation, frequent reactor repacking/reactivation, and on-stream reliability in catalytic reactors will limit the growth of the flow chemistry market. For example, if reaction tubing clogs, heterogeneous mixtures may be a little more difficult to process.

Key Participants of this market –
Am Technology, CEM Corporation, Milestone Srl, Biotage AB, Syrris Ltd., Vapourtec Ltd., ThalesNano Inc., Hel Group, Uniqsis Ltd., Chemtrix BV, Ehrfeld Mikrotechnik BTS, Future Chemistry Holding BV, Corning Incorporated, Cambridge Reactor Design Ltd., PDC Machines Inc., and Parr Instrument Company.

Some Key Highlights From The Report:
• Phlow Corp., headquartered in the United States, and the United States Pharmacopeia (USP) announced a strategic alliance in February 2021 aimed at increasing the supply of essential medicines for US patients. The collaboration will make it easier for Phlow to use flow chemistry and other continuous advanced manufacturing processes to produce the critical ingredients that allow end-to-end drug manufacturing in the United States.
• Plug flow reactors are well-suited to rapid reactions and large-scale processes, and their use in pharmaceutical and chemical manufacturing is expected to grow.
• Microreactors are expected to rise at the fastest rate during the forecast period, owing to their widespread use in pharmaceuticals and fine chemicals.
• The pharmaceutical industry is expected to see the fastest growth in the use of flow chemistry for conducting reactions, continuous separations, and continuous crystallisation.
• During the forecast period, petrochemicals segment is projected to register a substantial revenue CAGR, owing to rising demand for high yield with low energy and material usage and high-cost savings.
• Due to high demand from many major end-use industries such as chemicals and petrochemicals, Europe is one of the fastest growing markets among other regional markets, and accounted for a revenue share of 22.6% in 2020.
• North America accounted for largest market share in 2020, attributed to large number of chemical manufacturers in countries in the region, and rapid technological advancements.

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Segments Covered in the Report:
For the purpose of this report, Reports and Data has segmented the global flow chemistry market report on the basis of reactor, application, and region

Reactor Outlook (Revenue, USD Million, 2018 - 2028)
• CSTR
• Plug Flow Reactor
• Microreactor
• Microwave System
• Others

Application Outlook (Revenue, USD Million, 2018 - 2028)
• Pharmaceuticals
• Chemicals
• Academia & Research
• Petrochemicals
• Others

Regional Outlook (Revenue, USD Million, 2018–2028)
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia Pacific
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
o Rest of MEA

To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/flow-chemistry-market

Thank you for reading our report. For customization of the report, contact Reports and Data for an Analyst Brief. Our Report offer actionable insights into industry to help customers and investors understand the market dynamics and formulate strategic investment plans.

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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