Market Overview:
The global flow chemistry reaction system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for continuous stirred tank reactors (CSTR), plug flow reactors (PFR), and micro reactor systems (MRT) in various applications such as chemical industry, pharmaceuticals, academic and research institutions, and others. Additionally, the growing demand for these systems in Asia Pacific and Middle East & Africa is also contributing significantly to the overall growth of this market.
Product Definition:
Flow chemistry reaction system is a device that enables chemical reactions to take place in a continuous flow of liquid. It is important for the production of small quantities of chemicals with high purity.
Continuous Stirred Tank Reactors (CSTR):
Continuous Stirred Tank Reactors (CSTR) are used to carry out chemical reactions under controlled conditions. CSTR’s offer advantages such as cost-effectiveness, flexibility and safety over other systems. The continuous stirred tank is a type of reaction vessel that consists of a round base with vertical walls on either side of the round opening.
Plug Flow Reactors (PFR):
Plug flow reactors (PFR) are used for continuous and semi-continuous operation in the chemical industry. These systems operate at a high rate of reaction, which is an important factor to produce high volumes of products. PFRs have advantages such as they can be easily started up and shut down, they require less space, there is low risk of contamination due to their closed system design and it has fast turnaround time.
Application Insights:
The chemical industry accounted for the largest market share in 2016 and is expected to continue its dominance over the forecast period. The growth of this application segment can be attributed to increasing demand for chemicals with higher yield, lower operating costs, and shorter production cycles.
Flow chemistry offers numerous advantages in industrial applications such as continuous stirred tank reactors (CSTRs) offer high throughput capability which helps achieve higher productivity while reducing operational costs. Furthermore, they also eliminate issues related to product degradation due to stirring or exposure of chemicals at elevated temperatures which further drives their adoption across various industries including pharmaceuticals and food & beverages where purity is crucial. Increasing R&D activities by major players are also expected fuel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of emerging economies such as China, India, and Japan has resulted in an increased demand for chemical production. Furthermore, countries such as South Korea have adopted a proactive approach by investing heavily in research & development activities to produce high-quality chemicals at low costs. This has resulted in an increased demand for flow chemistry reactors systems across this region.
The European market is anticipated to grow at a significant rate over the forecast period owing to factors such as increasing R&D expenditure by various companies and government support towards innovation & technology transfer within the region coupled with cross-border collaboration between European countries. Moreover, Europe hosts several universities involved actively working on streamlining flow chemistry reactions through research activities related toward that end; these universities are also associated with industry collaborations for developing new technologies pertaining toward streamlining chemical reactions using flow chemistry reactors systems (flow catalysis).
Growth Factors:
- Increasing demand for Flow Chemistry Reaction System in the pharmaceutical and biotechnology industries for the efficient production of drugs and biologics.
- Growing popularity of continuous manufacturing process in the pharmaceutical and biotechnology industries, which is driving the demand for Flow Chemistry Reaction System.
- Rising R&D expenditure by pharmaceutical and biotechnology companies to develop novel drugs and therapies is propelling the growth of Flow Chemistry Reaction System market.
- Increasing number of mergers & acquisitions among key players is providing impetus to market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flow Chemistry Reaction System Market Research Report
By Type
Continuous Stirred Tank Reactors (CSTR), Plug Flow Reactors (PFR), Micro Reactor Systems (MRT), Others
By Application
Chemical industry, Pharmaceutical, Academic and Research, Others
By Companies
Syrris, Vapourtec, Chemitrix, ThalesNano, Uniqsis Ltd, YMC Engineering, FutureChemistry, AM Technology, HEL Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Flow Chemistry Reaction System Market Report Segments:
The global Flow Chemistry Reaction System market is segmented on the basis of:
Types
Continuous Stirred Tank Reactors (CSTR), Plug Flow Reactors (PFR), Micro Reactor Systems (MRT), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical industry, Pharmaceutical, Academic and Research, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Syrris
- Vapourtec
- Chemitrix
- ThalesNano
- Uniqsis Ltd
- YMC Engineering
- FutureChemistry
- AM Technology
- HEL Group
Highlights of The Flow Chemistry Reaction System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Continuous Stirred Tank Reactors (CSTR)
- Plug Flow Reactors (PFR)
- Micro Reactor Systems (MRT)
- Others
- By Application:
- Chemical industry
- Pharmaceutical
- Academic and Research
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flow Chemistry Reaction System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Flow chemistry reaction system is a type of chemical reactor in which the reactants and products are continuously flowed through the reactor. This type of reactor is often used to produce large quantities of chemicals quickly and efficiently.
Some of the key players operating in the flow chemistry reaction system market are Syrris, Vapourtec, Chemitrix, ThalesNano, Uniqsis Ltd, YMC Engineering, FutureChemistry, AM Technology, HEL Group.
The flow chemistry reaction system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flow Chemistry Reaction System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flow Chemistry Reaction System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flow Chemistry Reaction System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flow Chemistry Reaction System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flow Chemistry Reaction System Market Size & Forecast, 2020-2028
4.5.1 Flow Chemistry Reaction System Market Size and Y-o-Y Growth
4.5.2 Flow Chemistry Reaction System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Continuous Stirred Tank Reactors (CSTR)
5.2.2 Plug Flow Reactors (PFR)
5.2.3 Micro Reactor Systems (MRT)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Chemical industry
6.2.2 Pharmaceutical
6.2.3 Academic and Research
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flow Chemistry Reaction System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flow Chemistry Reaction System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Continuous Stirred Tank Reactors (CSTR)
9.6.2 Plug Flow Reactors (PFR)
9.6.3 Micro Reactor Systems (MRT)
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Chemical industry
9.10.2 Pharmaceutical
9.10.3 Academic and Research
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Continuous Stirred Tank Reactors (CSTR)
10.6.2 Plug Flow Reactors (PFR)
10.6.3 Micro Reactor Systems (MRT)
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Chemical industry
10.10.2 Pharmaceutical
10.10.3 Academic and Research
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Continuous Stirred Tank Reactors (CSTR)
11.6.2 Plug Flow Reactors (PFR)
11.6.3 Micro Reactor Systems (MRT)
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Chemical industry
11.10.2 Pharmaceutical
11.10.3 Academic and Research
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Continuous Stirred Tank Reactors (CSTR)
12.6.2 Plug Flow Reactors (PFR)
12.6.3 Micro Reactor Systems (MRT)
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Chemical industry
12.10.2 Pharmaceutical
12.10.3 Academic and Research
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Continuous Stirred Tank Reactors (CSTR)
13.6.2 Plug Flow Reactors (PFR)
13.6.3 Micro Reactor Systems (MRT)
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Chemical industry
13.10.2 Pharmaceutical
13.10.3 Academic and Research
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flow Chemistry Reaction System Market: Competitive Dashboard
14.2 Global Flow Chemistry Reaction System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Syrris
14.3.2 Vapourtec
14.3.3 Chemitrix
14.3.4 ThalesNano
14.3.5 Uniqsis Ltd
14.3.6 YMC Engineering
14.3.7 FutureChemistry
14.3.8 AM Technology
14.3.9 HEL Group
