Flow chemistry involves the running of reactions 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 enables safer, cleaner, more efficient, and cheaper chemical processes. Flow chemistry enhances reaction time and safety and also offers multi-step synthesis.
The global flow chemistry market was estimated to account for US$ 3341.3 Mn in terms of value by the end of 2023.
Market Dynamics
- The expansion of the chemical industry as a result of increased chemical production and consumption around the world is expected to boost flow chemistry market growth. Global chemicals turnover was estimated at €3,347 billion in 2018, according to Cefic Facts & Figures 2020, and sales increased by 2.5% from €3,266 billion in 2017 to €3,347 billion in 2018. Thus, expansion in the chemical industry is fueling flow chemistry market growth.
- Growth in the food and beverage industry, which is heavily reliant on flow chemistry for bulk chemical manufacture, is likely to open up new market prospects. Furthermore, strong expansion in the construction industry is driving demand for soaps, detergents, and paints and coatings, which is expected to drive flow chemistry market growth. Furthermore, rapid growth in the Indian pharmaceutical industry is again expected to fuel the market growth of flow chemistry.
Key features of the study:
- This report provides in-depth analysis of the global flow chemistry market and provides market size (US$ 1736 Million) and compound annual growth rate (CAGR 8.5%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- This study also provides impact analysis of Coronavirus (Covid-19) pandemic on global flow chemistry s market.
- It profiles key players in the global flow chemistry market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study AM Technology, Chemtrix BV, Future Chemistry Holdings B.V., Koninklijke DSM N.V., Lonza Group Ltd., Milestone S.r.l, Syrris Ltd., Thales Nano Inc., Uniqsis Ltd., and Vapourtec Ltd.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
- The global flow chemistry s market report caters to various stakeholders in this industry including investors, suppliers, global flow chemistry s market manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global flow chemistry market.
Detailed Segmentation:
- Global Flow Chemistry Market, By Product Type::
- Micro reactor 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
- Global Flow Chemistry Market, By Region:
- North America
- Europe
- U.K
- Canada
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Company Profiles
- AM Technology
- Chemtrix BV
- Future Chemistry Holdings BV
- Konninklijke DSM N.V.
- Lonza Group Ltd.
- Milestone S.r.l
- Syrris Ltd.
- Thales Nano Inc.
- Uniqsis Ltd.
- Vapourtec Ltd
