FLOW CHEMISTRY MARKET ANALYSIS

Flow Chemistry Market, By Product Type (Micro reactor Systems, Continuous Stirred Tank Reactor (CSTR), Plug Flow Reactor (PFR), Others), By End-User (Pharmaceuticals, Microreactors Systems, Continuous Stirred Tank Reactor (CSTR), Plug Flow Reactor (PFR), Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jul 2023
Code : CMI4063
Pages :142
Formats :
Excel and PDF
Industry : Bulk Chemicals

Flow Chemistry MarketSize and Trends

The global flow chemicals market was estimated to account for US$ 3341.3 Mn in terms of value by the end of 2030.

Market Trends/Key Takeaways

The growing popularity of micro reactors on account of rapid adoption across fine chemicals and pharmaceutical applications is expected to foster market growth. These reactors are compact and require less space and low capital investment. Moreover, they offer safe processing conditions for highly toxic reactions. This factor is stimulating the market growth of the flow chemistry over the foreseeable period.

Increasing use of flow chemistry for academic and educational purposes is a major trend in the market. Moreover, increasing utilization of the flow of chemistry technology in the polymer industry is another major trend in the market. All these factors are expected to support the market growth of flow chemistry in the near future.