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World Flow Chemistry Market - Opportunities and Forecasts, 2017-2023

MA 17277
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Mar 2018 | 695 Views
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Flow chemistry is a technology where a chemical reaction is run in a continuously flowing stream rather than in a batch wise production. Modern flow reactors can deliver a number of distinct advantages over traditional batch reactor technology. For example, reaction conditions that may be challenging to achieve in a batch reactor can be easily achieved in a flow reactor. Another instance would be reactions, which involve the use of dissolved gases as reagents. These can be more easily handled in a flow reactor as compared to a batch process, enabling the use of those reagents.  Increasing demand in sustainable equipments and energy savings devices by safe and flexible processes drives the global flow chemistry market. The continuous demand for flow devices caters to wide range of applications in the chemicals and pharmaceuticals industries. Its low operational costs, energy savings & sustainable production and most importantly a wide range of industrial applications as compare to the batch reactors are driving the flow chemistry market, globally. High amount of R&D spending requirements and cost of high Micro Reactor systems (MRT) act as major restraints for this market growth. 

Besides all facts, this market has enormous potential in Biodiesel, Fuels, Food, Beverage and Other Industries. In addition to that, it has a huge market in Middle East, especially in chemical and petrochemical industry.

Flow Chemistry Market Analysis by Product Types

By the product type, flow chemistry market is segmented into Plug Flow Reactors (PFR), Micro Reactor systems (MRT),), Microwave systems and Continuous Stirred Tank Reactors (CSTR. The market for MRT systems is driven by the fact that, it has a lot of energy saving potential and is safe in operation, as reactions takes place within the micro channels, which is comparatively lesser in other type of reactors.

Flow Chemistry Market Analysis by Application

Based on the application, the Flow chemistry market is segmented into Chemicals, Pharmaceuticals, Petro Chemicals, Bio fuels, Perfume & Fragrance Industries, Academia research and laboratories. Flow Chemistry becomes an important tool for new drug development in Pharmaceuticals.

Flow Chemistry Market Analysis by Geography:

Based on geography, the flow chemistry market is segmented into North America, Europe, Asia- Pacific and rest of the world. Europe is the largest market for almost all reactors, except for microwave systems; however, U.S. is the largest buyer of microwave systems due to ongoing lab scale projects. Asia Pacific region is the upcoming market for continuous flow reactors due to the infrastructural opportunities present in the region. Flow chemistry is primarily used in chemical and pharmaceutical industries due its wide area of applications.

Competitive Analysis:

The major players dominating this market are Syrris, Little Things Factory, ThalesNano, IMM, Chemtrix, DSM, AM Tech U.K, Uniqsis, Future Chemistry, Lonza, YMC, etc.  Syrris has launched ‘Asia Tube Cooler’, the latest addition to the Company’s range of advanced flow chemistry products. Product launch is one of the important strategies adopted by the companies to increases their market share.

High level Analysis:

This study is an overall view on global flow market analysis, which is growing rapidly due to the rising demand for sustainable equipment. In addition to that, this process is energy saving, safe and flexible. The major concern for this market growth is its high production cost. However, this analysis is emphasizing more towards its usages in all growing sectors such as biodiesel, fuels, food, and beverage, chemical and petrochemical industry. This study presents an in-depth intelligence of key patents granted and also emphasizes on key intermediaries involved in flow chemistry market through value chain analysis. Porter’s five force model helps to understand bargaining power of suppliers, buyers, and competitive rivalry in an effective way.

KEY BENEFITS

  • The driving and restraining factors of the global flow chemistry market is analyzed comprehensively in the report
  • Porter’s five force model and SWOT analysis discussed for global flow chemistry market would help in making strategic decisions
  • The study assists in understanding the strategies adopted by the companies for the growth of the flow chemistry market
  • Micro level analysis is conducted based on product types, applications and geographies
  • The analysis identifies the key investment pockets for various product types, applications and geographies

KEY DELIVERABLES

The global flow chemistry market is segmented into three major categories such as product type, application and geography.

Key Market Segments

MARKET BY PRODUCT TYPES

  • Micro Reactor systems (MRT)
  • Continuous Stirred Tank Reactors (CSTR)
  • Plug Flow Reactors (PFR)
  • Microwave systems

MARKET BY APPLICATION TYPE

  • Chemicals
  • Pharmaceuticals
  • Petro Chemicals 
  • Bio-fuels
  • Perfume and Fragrance Industries, 
  • Academia research and laboratories

MARKET BY GEOGRAPHY

  • North America
  • Europe
  • Asia- Pacific  
  • Rest of the world
 
 
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