Global Flow Chemistry Market Size To Grow USD 4.15 Billion by 2030 | CAGR of 12%

The global flow chemistry market will reach $4.15 billion by 2030

According to a research report published by Spherical Insights & Consulting, the Global Flow Chemistry Market Size is expected to grow from USD 1.50 billion in 2021 to USD 4.15 billion by 2030, at a compound annual growth rate (CAGR) of 12% during the forecast period. During the forecast period, the demand for flow chemistry in the market will increase as public awareness regarding sustainable development and expansion in the chemical and pharmaceutical sectors are among the major drivers of the flow chemistry market growth.

Browse key industry insights across 199 pages of 112 market data Tables and Figures & Charts from the report "Global Flow Chemistry Market Size, Share, and COVID-19 Impact Analysis By Reactor (CSTR (Continuous Stirred-Tank Reactor), Plug Flow Reactor, Microreactor, Microwave Systems and Others), By Application (Pharmaceuticals, Chemicals, Academia & Research, Petrochemicals and Others) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa), Analysis and Forecast 2030.” in detail along with Table of Contents : https://www.sphericalinsights.com/reports/flow-chemistry-market

Credit portfolios have been negatively impacted by the COVID-19 epidemic. The huge growth has affected the solvency of customers and businesses through unemployment and disruption of economic activity. Central banks have pursued a proactive strategy of pumping money into the market by cutting interest rates and implementing asset purchase programs. With ongoing geopolitical tensions, global trade fights, and sporadic hurricanes and earthquakes, managing and monitoring credit, market, liquidity, and operational risks in financial markets was difficult enough. The current pandemic crisis has forced risk leaders and their teams to re-evaluate outdated methods and assumptions for managing and monitoring risks. The global impact of COVID-19 has demonstrated the importance of interconnectedness in international cooperation. As a result, many governments have rushed to find, evaluate, and purchase trustworthy AI-powered solutions.

The CSTR segment will account for the largest market during the forecast period

Based on reactor, the flow chemistry market is segmented into CSTR (continuous stirred tank reactor), plug flow reactor, micro reactor, microwave systems, and others. The CSTR segment will account for the largest market share during the forecast period. Throughout the forecast period, the CSTR segment is expected to maintain its leading position as the high adoption, straightforward design, efficient temperature management, low cost, and adaptation to two-phase runs are factors driving the growth of the segment. Furthermore, the increasing use of CSTR in water and wastewater applications is likely to boost the business expansion.

The Chemicals segment is expected to exhibit a higher compound annual growth rate during the forecast period.

Based on application, the flow chemistry market is segmented into pharmaceuticals, chemicals, academic & research, petrochemicals, and others. The chemicals segment is expected to exhibit a higher CAGR during the forecast period. Throughout the forecast period, the chemicals segment is expected to maintain its leading position while growing at the highest CAGR due to the adoption of greener technologies such as flow chemistry to reduce greenhouse gas emissions. Furthermore, a rise in the demand for specialty chemicals from the automotive sector is expected to have a positive impact on the industry development.

It is estimated that North America will have the largest market share in 2022.

The global flow chemistry market has been segmented into five major regions: North America, Europe, Asia Pacific, South America, Middle East and Africa. The demand for flow chemistry is driven by the rising adoption in the market. The flow chemistry market has been dominated by the North America region as some of the major drivers of industrial growth in the region are increase in the production of chemicals and pharmaceuticals and increase in research and development expenditure in flow chemistry, especially in continuous processes. Asia Pacific will exhibit a higher compound annual growth rate during the forecast period.

Major vendors in the global flow chemistry market include Am Technology, CEM Corporation, Milestone Srl, Biotage AB, Syrris Ltd., Vapourtec Ltd., ThalesNano Inc., Hel Group, Uniqsis Ltd., Chemtrix BV, Ehrfeld Mikrotechnik BTS, Future Chemistry Holding BV, Corning Incorporated, Cambridge Reactor Design Ltd., PDC Machines Inc., and Parr Instrument Company.

Some of the most important developments:

• To improve the flow chemistry process, Syrris Ltd. and Faes Farma, a Spanish pharmaceutical company based in the UK, collaborated in September 2020 and developed the Flow Chemistry System developed by Syrris. This system is based on a set of non-native, enzyme-driven reaction technologies.

• In March 2022, ATDBio was acquired by Biotage, a Swedish biotechnology research company, for an undisclosed amount. With this acquisition, Biotage hopes to improve its position in the synthesis and purification of DNA and RNA oligonucleotides.

Market segment

This study forecasts global, regional and country-wise revenue from 2019 to 2030. Spherical Insights has segmented the global flow chemistry market based on the below mentioned segments:

Global Flow Chemistry Market, by Reactor

• CSTR (Continuous Stirred Tank Reactor)
• Flow Reactor
• Microreactor
• Microwave Systems
• Others

Global Flow Chemistry Market, by Application

• Pharmaceuticals
• Chemicals
• Science & Research
• Petrochemicals
• Others

Global Flow Chemistry Market by Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

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