The Increasing Demand for Greener and Sustainable Chemical Production is to Drive the Demand for Flow Chemistry
The Flow chemistry market is projected to grow from USD 1.7 billion in 2023 to USD 2.9 billion by 2028, at a CAGR of 10.4% from 2023 to 2028. Considering these factors, such as the growing pharmaceutical industry, favorable government initiatives, focus on sustainable processes, technological advancements, API manufacturing, and the expanding chemical sector, and Increasing flow chemistry demand in biodiesel manufacturing provide growth opportunities and smart solutions for the flow chemistry market.
By the Purification method, the Chromatography segment is estimated to be the fastest-growing segment of the Flow chemistry market from 2023 to 2028.
Based on the purification method, Flow chemistry made of Chromatography are regarded as one of the greatest purification methods. the combination of flow chemistry with chromatography provides a powerful and efficient approach for continuous purification, offering advantages such as improved selectivity, scalability, productivity, and process optimization. These factors contribute to the rapid growth of the chromatography segment within the field of flow chemistry.
By application, Pharmaceutical Synthesis is estimated to be the fastest-growing segment of the flow chemistry market from 2023 to 2028.
Based on application, the pharmaceutical synthesis segment is expected to be the most significant in the flow chemistry market during the forecast period due to the high demand for efficient manufacturing processes, scalability, improved safety, the complexity of pharmaceutical molecules, and sustainability requirements in the pharmaceutical industry. Stringent regulations and the need for sustainable practices in the pharmaceutical industry further contribute to the significance of pharmaceutical synthesis in the flow chemistry market.
The Flow chemistry market in the Asia Pacific region is projected to witness the highest CAGR during the forecast period.
Asia Pacific region is projected to register the highest CAGR in the flow chemistry market from 2023 to 2028. Asia Pacific is one of the key markets of flow chemistry by considering these factors, such as the growing pharmaceutical industry, favorable government initiatives, focus on sustainable processes, technological advancements, API manufacturing, and the expanding chemical sector.
Profile break-up of primary participants for the report:
- By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
- By Designation: C-level Executives - 35%, Directors - 25%, and Others - 40%
- By Region: Asia Pacific - 30%, North America - 40%, Europe -20%, Middle East & Africa-5%, and South America-5%
The Flow chemistry market report is dominated by players, such as Thermo Fisher Scientific Inc (US), Corning Incorporated (US), Lonza (Switzerland), PerkinElmer Inc (US), Biotage (Sweden), Milestone Srl(Italy), Velocys plc (UK) , THALESNANO INC (Hungary) , CEM Corporation (US) , Parr Instrument Company (US) and others.
Research Coverage:
The report defines, segments, and projects the size of the Flow chemistry market based on the reactor, purification method, application, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments, such as new product launches, agreements, contracts, partnerships, and acquisitions undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them with the closest approximations of revenue numbers of the Flow chemistry market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Rapid growth in the global pharmaceutical Industry, Increasing demand for greener and sustainable chemical production.), restraints (Complex procedures can restrain the market growth, Competition forms alternative technologies), opportunities (Increasing flow chemistry demand in biodiesel manufacturing, Rising flow chemistry demand owing to its low operation costs and sustainable characteristics, Growing chemicals Industry in the Asia Pacific), and challenges (Limited availability and catalysts, Intellectual property theft.) influencing the growth of the Flow chemistry market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the Flow chemistry market.
- Market Development: Comprehensive information about Flow chemistry markets - the report analyses the Flow chemistry market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Flow chemistry market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Thermo Fisher Scientific Inc (US), Corning Incorporated (US), Lonza (Switzerland), PerkinElmer Inc (US), Biotage (Sweden). among others in the Flow Chemistry market.
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitation
1.6 Stakeholders
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Restraints
5.2.3 Opportunities
5.2.4 Challenges
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter's Five Forces Analysis
6.3.1 Bargaining Power of Suppliers
6.3.2 Threat of New Entrants
6.3.3 Threat of Substitutes
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Rivalry
6.4 Raw Material Analysis
6.5 Trends/Disruption Impacting Customers’ Business
6.6 Macroeconomic Indicators
6.7 Price Analysis
6.8 Trade Analysis
7 Flow Chemistry Market, by Reactor
7.1 Introduction
7.2 Tubular Reactors
7.3 Microreactors
7.4 Oscillatory Flow Reactor
7.5 Packed-Bed Reactors
7.6 Droplet-Based Reactors
7.7 Photochemical Reactors
7.8 Others
*Note: Scope of Others Segment is Tentative and Will be Determined During Execution of the Study
8 Flow Chemistry Market, by Purification Method
8.1 Introduction
8.2 Chromatography
8.3 Crystallization
8.4 Distillation
8.5 Liquid-Liquid Extraction
8.6 Membrane Filtration
8.7 Others
*Note: Scope of Others Segment is Tentative and Will be Determined During Execution of the Study
9 Flow Chemistry Market, by Application
9.1 Introduction
9.2 Chemical Synthesis
9.3 Pharmaceutical Synthesis
9.4 Materials Science
9.5 Agrochemical Synthesis
9.6 Energy Conversion
9.7 Others
*Note: Scope of Others Segment is Tentative and Will be Determined During Execution of Study.
10 Flow Chemistry Market, by Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 S. Korea
10.4.5 Rest of APAC
10.5 The Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 South Africa
10.5.3 Rest of Mea
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of South America
Note: this is a Tentative List of Countries That May Change During the Study.
11 Competitive Landscape
11.1 Overview
11.2 Market Evaluation Framework
11.3 Top 5 Players Market Share Analysis
11.4 Key Developments in the Market
11.5 Company Evaluation Matrix, 2022 (Tier 1)
11.5.1 Star
11.5.2 Emerging Leaders
11.5.3 Pervasive
11.5.4 Participants
11.6 Startup and Small and Medium-Sized Enterprises (SMEs) Evaluation Matrix
11.6.1 Progressive Company
11.6.2 Responsive Company
11.6.3 Starting Block
11.6.4 Dynamic Companies
11.7 Competitive Scenario
11.7.1 Expansions & Investments
11.7.2 Agreements, Collaborations, and Joint Ventures
11.7.3 New Product Launches
11.7.4 Mergers & Acquisitions
12 Company Profile
12.1 Syrris Ltd.
12.1.1 Business Overview
12.1.2 Products Offered
12.1.3 Recent Developments
12.1.4 Winning Imperatives
12.1.5 Current Focus and Strategies
12.1.6 Threat from Competition
12.2 Thalesnano Inc.
12.3 Vapourtec Ltd
12.4 Uniqsis Ltd
12.5 Chemtrix Bv
12.6 Am Technology
12.7 Corning Incorporated
12.8 Mettler Toledo
12.9 Cem Corporation
12.10 Milestone Srl
12.11 Other Key 15 Players
*Note: this is a Tentative List of Companies That May Change During the Study. Financial Will Only be Provided for Listed Companies.
13 Appendix
13.1 Insights from Industry Experts
13.2 Discussion Guide
13.3 Available Customizations
13.4 Connected Market
Executive Summary
Companies Mentioned
- AM Technology
- CEM Corporation
- Chemtrix BV
- Corning Incorporated
- Mettler Toledo
- Milestone SRL
- Syrris Ltd.
- Thalesnano Inc.
- Uniqsis Ltd
- Vapourtec Ltd
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 203 |
| Published | June 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 1.7 Billion |
| Forecasted Market Value ( USD | $ 2.9 Billion |
| Compound Annual Growth Rate | 10.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
