Flow Chemistry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Flow Chemistry Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • November 2021 •
  • 141 pages •
  • Report ID: 6185727 •
  • Format: PDF
The global flow chemistry market exhibited strong growth during 2015-2020.

Looking forward, the analyst expects the market to grow at a CAGR of around 10% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.

Flow chemistry refers to the process of performing chemical reactions between reactive compounds in a single flowing stream. It is commonly used for hydrogenation, oxidation, halogenation and diazotization reactions. The compounds are pumped together in the vessel and flowed through a temperature-controlled pipe, chamber or microreactor. The steam generated from the reaction is collected to obtain the resultant compound, which is then directed to subsequent flow reactor loops to generate the desired product. In comparison to the traditionally used batch reactors, flow chemistry provides faster, safer and scalable reactions and cleaner products. As a result, it finds extensive applications across various industries, including pharmaceutical, chemical and petrochemical.

Flow Chemistry Market Trends:
Significant growth in the chemical industry across the globe is one of the key factors creating a positive outlook for the market. Flow chemistry is commonly used to produce bulk chemicals as it provides enhanced control over mass and heat transfer rates, laminar flow conditions and high volumetric productivity. Moreover, the widespread adoption of microreactors in the pharmaceutical industry is providing a thrust to the market growth. These reactors are compact and offer safe processing conditions for highly toxic and hazardous reactions. In line with this, flow chemistry is also utilized to synthesize various petrochemicals, including ethane, benzene, ethylene and methane. Additionally, various technological advancements, such as the development of highly automated flow synthesis systems integrated with machine learning (ML) and next-generation sustainable manufacturing solutions, are acting as other growth-inducing factors. These technologies aid in maintaining a continuous flow and preventing any blockages in the process. Other factors, including extensive research and development (R&D) activities, along with the implementation of favorable government policies promoting the use of biofuels, are anticipated to drive the market toward growth.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global flow chemistry market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, reactor and application.

Breakup by Reactor:
Continuous Stirred Tank Reactor
Plug Flow Reactor
Microreactor
Microwave System
Others

Breakup by Application:
Pharmaceuticals
Chemicals
Academia and Research
Petrochemicals
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AM Technology, Chemtrix BV, Corning Incorporated, Ehrfeld Mikrotechnik GmbH, FutureChemistry Holding B.V., HEL Ltd., Lonza Group AG, Milestone Srl (Koch Media GmbH), Parr Instruments Company, Syrris Ltd (Asahi Glassplant Inc.) and ThalesNano Inc. Key Questions Answered in This Report:
How has the global flow chemistry market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global flow chemistry market?
What are the key regional markets?
What is the breakup of the market based on the reactor?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global flow chemistry market and who are the key players?
What is the degree of competition in the industry?