Flow Chemistry Market Is Expected To Reach $2.39 Billion By 2025: Grand View Research, Inc.
The global flow chemistry market is expected to reach a market size of USD 2.39
billion by 2025, according to a new report by Grand View Research, Inc. Increasing
focus towards cost effectiveness, safety, and environmental regulations are
expected to have a positive impact on the demand over the forecast period.
The flow chemistry
involves a continuous flow of chemical processes in order to develop intermediate
chemicals that are complex to achieve through the batch manufacturing process.
High control over factors such as reaction time, temperature, flow, pumped
volumes, and pressure allows increased safety levels in the process.
Browse Full Research
Report By Grand View Research: http://www.grandviewresearch.com/industry-analysis/flow-chemistry-market
Further key
findings from the study suggest:
· Petrochemicals accounted for a significant market share
and is expected to witness a CAGR of over 9%, in terms of revenue on account of
highly favorable conditions for the ethylene and polyethylene manufacturers in
North America
· Pharmaceutical industry is expected to witness the
fastest growth over the forecast period on account of high flexibility in
choice of the solvents as well as temperature & pressure conditions,
thereby resulting in high purity product
· Continuous stirred tank reactor segment is expected to
grow at a CAGR of over 8% from 2015 to 2025 on account of its high penetration
in industrial processing
· Asia Pacific is expected to witness a CAGR of over 11%
from 2016 to 2025 on account of rapidly growing investment in pharmaceutical
and chemical manufacturing in China and India
· The flow chemistry industry in Central & South
America is majorly driven by rapid urbanization and rising demand for generic
drugs
· In February 2016, Chemtrix appointed Central Scientific
Commerce as its distributor in Japan in order to facilitate direct reactor
sales and customer support to the R&D and production communities in the
economy
· In November 2015, Biotage AB opened a demonstration &
application lab in Sweden which facilitated further research across all the
product lines of the company
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/petrochemicals-and-downstream-derivatives
Grand View Research has segmented the
global 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
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press release by Grand View Research :
About
Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For
more information:
http://www.grandviewresearch.com
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