Flow Chemistry Market Size, Share, Opportunities, And Trends By Reactor Type (CSTR (Continuous Stirred-tank Reactor), Plug Flow Reactor, Microreactor, Microwave Systems, Others), By Purification Method (Chromatography, Crystallization, Distillation, Liquid-Liquid Extraction, Membrane Filtration, Others), By Application (Pharmaceuticals, Chemicals, Academia & Research, Petrochemicals, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Dec 2023
- Report Code : KSI061616303
- Pages : 140
The flow chemistry market is projected to grow considerably during the forecast period
The rising chemical and pharmaceutical sectors, as well as public awareness of sustainable development, are some of the main forces behind industry expansion. In comparison to batch processes, continuous flow technologies offer many benefits when used in this technology for extraction, chromatography, and reactions involving supercritical fluids. Furthermore, high pressure and high temperatures can be safely maintained in a flow reactor when using green solvents like acetone and methanol.
Growing Awareness Towards Sustainable Technology
Over the course of the projected period, a growth in the global market for flow chemistry is anticipated. It is regarded as one of the most effective approaches to address energy and green chemistry problems. In green chemistry, efficient use of time and energy is essential. The temperature settings in a batch reactor provided by Flow Chemistry are restricted to the reagents' atmospheric boiling point. This results in increased temporal and spatial efficiency. Furthermore, fast exothermic reactions—which can be difficult to finish in a batch reactor—can be successfully carried out in Flow Chemistry reactors. These elements foster an atmosphere that is favorable to the rise in the flow chemistry market size.
Increasing use of green solvents
Reactors for flow chemistry are very compatible with a wide range of green solvents. Acetone and methanol are two of them. It is necessary to use these green solvents at high pressure and temperature. Furthermore, compared to the frequently employed batch approach, continuous flow techniques for extraction, chromatography, and reactions involving supercritical fluids can offer several benefits. The Flow Chemistry reactors' capacity to operate with supercritical fluids could help them gain traction in a larger market.
Rising technological advancements
As the flow chemistry market is prone to ongoing development, it is anticipated to grow at a higher CAGR globally. With fewer materials and in less time, the Flow Chemistry reactors of today can provide high yields. Additionally, the worldwide flow chemistry market is anticipated to increase incrementally because of a lower capital cost and equipment requirement. They offer significant financial benefits, boost labor and operational effectiveness, and open doors for on-demand manufacturing. The necessity to do away with non-renewable manufacturing methods and the growing demand from the consensus to minimize waste generation are predicted to propel the expansion of the worldwide flow chemistry market.
Rising use of chemical synthesis
Due to its affordability, ease of installation, and durability, the polymer is a popular material for flow chemistry. The broad need for scalable and effective manufacturing processes is the main driver of chemical synthesis's supremacy in the flow chemistry sector. Flow chemistry produces higher yields, better selectivity, and more overall process efficiency by providing finer control over reaction parameters, improved mixing, and improved heat transfer. These advantages are especially helpful in chemical synthesis, where producing complicated molecules necessitates precise reaction condition control and well-managed process parameters.
Increased demand in biodiesel manufacturing
New capital investment in the chemical sector is boosted by the growing demand for chemicals from a variety of end-use applications. The establishment of new chemical facilities is expected to increase the capacity for producing chemicals. It is expected that the establishment of new chemical facilities will increase the capacity for chemical manufacturing. The chemical industry is expanding in many nations throughout the world for important reasons, such as government initiatives and investments that are supportive of it, strict environmental rules, high industry fragmentation, and the growing significance of speciality chemicals. To fulfil the growing demand for chemicals across a range of uses, major firms in the chemical industry are constantly expanding their manufacturing facilities.
Based on the reactor, the CSTR segment is expected to hold a high market share
During the forecast period, the continuous stirred-tank reactor will be the most widely utilized reactor type in the flow chemistry market. CSTR segmental expansion is anticipated to be driven by improved temperature management, higher adaptability, and a straightforward construction design. Sales of CSTR equipment rise as a result of reduced costs and increased use of two-phase runs. Water and wastewater treatment are just two of the many end-use sectors that make extensive use of CSTR. It is anticipated that these elements will open the door for CSTR equipment to take the lead which will increase the flow chemistry market share.
North America is projected to dominate the flow chemistry market
The North American flow chemistry market is rising due to the factors like availability of a highly skilled workforce and the increasing adoptability of highly developed technologies. Furthermore, a strong industrial sector, increased R&D spending, and well-developed infrastructure will all contribute to the North American Flow Chemistry market's expansion. The region's leading pharmaceutical companies, particularly those in the United States, together with growing petrochemical companies' investments are anticipated to fuel market demand.
Market key launches
- In July 2023, The H.E.L Group and IIT Kanpur established a partnership to take advantage of the institute's efforts in sustainable energy. This effort aimed to provide novel testing facilities for carrying out investigations on battery storage, thermal properties, and new chemistry development.
- In June 2023, ACI Sciences and Vapourtec expanded their strategic alliance. ACI Sciences intended to use this transaction to become Vapourtec's authorized distributor throughout Southeast Asia. Utilizing Vapourtec's revolutionary continuous flow chemistry systems, researchers may maximize experiment efficiency and accuracy while cutting expenses and waste.
- In June 2023, A pair of new automated parallel bioreactors, the BioXplorer 400XL and 400P, were introduced by H.E.L Group, adding to the BioXplorer product line. These bioreactors are perfect for small-scale process development, cell line/strain screening, and other bioprocessing and flow chemistry-related research, screening, and optimization studies.
- In March 2023, The Solstice multi-position batch photoreactor, which can accomplish up to 12 small-scale reactions simultaneously, was introduced by Uniqsis. To scale up the procedure and achieve better throughput, researchers can switch to a continuous flow reactor, like the Borealis Flow photoreactor, after figuring out the ideal parameters through parallel reactions.
Segmentation:
- By Reactor Type
- CSTR (Continuous stirred-tank reactor)
- Plug Flow Reactor
- Microreactor
- Microwave Systems
- Others
- By Purification Method
- Chromatography
- Crystallization
- Distillation
- Liquid-Liquid Extraction
- Membrane Filtration
- Others
- By Application
- Pharmaceuticals
- Chemicals
- Academia & Research
- Petrochemicals
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Data
2.3. Validation
3. EXECUTIVE SUMMARY
3.1. Key Findings
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. FLOW CHEMISTRY MARKET, BY REACTOR TYPE
5.1. Introduction
5.2. CSTR (Continuous stirred-tank reactor)
5.3. Plug Flow Reactor
5.4. Microreactor
5.5. Microwave Systems
5.6. Others
6. FLOW CHEMISTRY MARKET, BY PURIFICATION METHOD
6.1. Introduction
6.2. Chromatography
6.3. Crystallization
6.4. Distillation
6.5. Liquid-Liquid Extraction
6.6. Membrane Filtration
6.7. Others
7. FLOW CHEMISTRY MARKET, BY APPLICATION
7.1. Introduction
7.2. Pharmaceuticals
7.3. Chemicals
7.4. Academia & Research
7.5. Petrochemicals
7.6. Others
8. FLOW CHEMISTRY MARKET, BY GEOGRAPHY
8.1. Introduction
8.2. North America
8.2.1. USA
8.2.2. Canada
8.2.3. Mexico
8.3. South America
8.3.1. Brazil
8.3.2. Argentina
8.3.3. Others
8.4. Europe
8.4.1. Germany
8.4.2. France
8.4.3. United Kingdom
8.4.4. Spain
8.4.5. Others
8.5. Middle East And Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. Israel
8.5.4. Others
8.6. Asia Pacific
8.6.1. China
8.6.2. Japan
8.6.3. India
8.6.4. South Korea
8.6.5. Indonesia
8.6.6. Taiwan
8.6.7. Others
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. Major Players and Strategy Analysis
9.2. Market Share Analysis
9.3. Mergers, Acquisition, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. COMPANY PROFILES
10.1. Am Technology
10.2. CEM Corporation
10.3. Milestone Srl
10.4. Biotage AB
10.5. Syrris Ltd.
10.6. Vapourtec Ltd.
10.7. ThalesNano Inc.
10.8. Hel Group
10.9. Uniqsis Ltd.
10.10. Chemtrix BV
Am Technology
CEM Corporation
Milestone Srl
Biotage AB
Vapourtec Ltd.
ThalesNano Inc.
Hel Group
Uniqsis Ltd.
Chemtrix BV
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