Flow Chemistry Market Report

Flow Chemistry Market Analysis By Application (Pharmaceuticals, Chemicals, Academia & Research, Petrochemicals), By Reactors (CSTR, Plug Flow Reactors, MRT, Microwave Systems), By Region, And Segment Forecasts, 2014 - 2025

Published: March 2017  |  97 Pages  |  Format: PDF  |  Report ID: GVR-1-68038-711-7

Industry Insights

The global flow chemistry market size was estimated at USD 937.0 million in 2015 and is likely to witness considerable growth owing to rising penetration of the product in pharmaceuticals. It is characterized as green technology on account of its superior and environmental friendly properties as compared to the batch manufacturing processes.

The technology provides a high level of safety while performing gas based reactions at laboratory level which is likely to have a positive impact on the market growth. In addition, properties such as less space occupancy, controlled environment, low maintenance, and reduced reaction steps are further anticipated to propel the demand. Flow chemistry has significantly brought down the manufacturing cost across various industries.

U.S. flow chemistry market revenue, by reactor, 2014 - 2025 (USD Million)

U.S. flow chemistry market

Significant advancements and extensive research regarding utilization of flow chemistry with other technologies including gas-based processes, photochemistry, microwave irradiation, and 3D printing are expected to increase the penetration of the technology across various industries increasing its applications.

There are no stringent rules and regulations regarding the utilization of continuous reactors within the market which is likely to aid its adoption in diversified applications. However, regular manufacturing standards such as modern manufacturing approach and potential to improve quality, among others need to be fulfilled. High capital and R&D cost associated with the technology is anticipated to restrain the flow chemistry market.

Reactor Insights

CSTR reactors dominated the market with a share of over 40% in 2015. Low cost and early adoption of the product is likely to play a key role in augmenting the demand. These reactors can be fully automated with controlled high-pressure systems in order to monitor, control, and record key reactor parameters such as temperature, pressure, motor speed, gas or liquid flow, pH level, turbidity, and torque.

Microreactors are expected to witness rapid growth with a CAGR of over 20% from 2016 to 2025. Small size coupled with easy handling of hazardous and unstable materials during high exothermic reactions are expected to propel the demand for the product over the next nine years.

Application Insights

Chemicals application dominated the demand with a revenue share of over 30% in 2015. Increasing use of flow chemistry in fine chemicals and specialty chemicals on account of increasing focus towards cost effectiveness, safety, and environmental regulations, is expected to have a positive impact on the demand over the coming years.

Global flow chemistry market share, by application, 2015 (%)

Global flow chemistry market

Accelerating demand for pharmaceuticals due to increasing health awareness, the prevalence of numerous diseases, and rising old age population is anticipated to fuel the utilization of flow chemistry in the sector. The demand from pharmaceuticals industry is expected to grow at the highest CAGR of over 10% from 2016 to 2025.

Regional Insights

North America accounted for the major revenue share of over 30% in 2015. Established chemical infrastructure and advancement in the technology is likely to reinforce the flow chemistry industry across the region. Bolstering petrochemical investment in the region is further expected to fuel the demand in the region.

Asia Pacific positioned itself as the second largest market in the year 2015. Increasing demand for generic drugs is anticipated to drive the pharmaceutical industry, which in turn is expected to propel flow chemistry industry growth. China being the largest manufacturer of pharmaceuticals is anticipated to provide huge opportunities for the technology over the next nine years.

Significant research and development in the field of pharmaceutical manufacturing in Germany, UK, Switzerland, and France are expected to have a positive impact on the demand over the forecast period. Middle East region accounted for the smallest share as compared to other regions. However, utilization of flow chemistry products in petrochemical industry is expected to bolster the market growth across the region.

Competitive Insights

The key companies in the industry include AM Technology, CEM Corporation, Milestone Srl, Biotage Syrris Ltd., Vapourtec Ltd., Saida FDS Inc., ThalesNano, Hel Group, Chemtrix BV, Ehrfeld Mikrotechnik BTS, C-Tech Innovation, Future Chemistry Holding BV, Corning Incorporated, Parr Instrument Company, Uniqsis, Cambridge Reactor Design, Lonza, Little Thing Factory, and PDC Machines Inc.

R & D and new product development are the key strategies being adopted by the market players worldwide. In August 2013, AM Technology strategized to secure investment towards supply chain development of flow reactor which bolstered the activity in R&D and helped to patent the chemical flow reactor technology.

Flow chemistry reactors are distributed through various suppliers across the globe. Some of the key suppliers of reactors include John Morris Scientific, Amar Equipment, and Sigma Aldrich. Some of the key consumers of continuous reactors include DSM, BASF, Novartis, Air Products & Chemicals, Akzo Nobel Chemicals, etc.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2016

Forecast period

2017 - 2025

Market representation

Revenue in USD Million, and CAGR from 2016 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America & MEA

Country scope

U.S., Germany, UK, China, India, Japan, Brazil

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

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Segments Covered in the Report

This report forecasts revenue global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the flow chemistry market on the basis of application, reactor, and region:

  • Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Pharmaceuticals

    • Chemicals

    • Academia & Research

    • Petrochemicals

    • Others

  • Reactor Outlook (Revenue, USD Million, 2014 - 2025)

    • CSTR

    • Plug Flow Reactor

    • Microreactor

    • Microwave System

    • Others

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • UK

    • Asia Pacific

      • China

      • India

      • Japan

    • Central & South America

      • Brazil

    • Middle East & Africa

Key questions answered by the report
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