Market Overview:
The global flow reactors market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flow reactors from the chemical industry, pharmaceuticals, and academic & research sectors. In terms of type, the continuous stirred tank reactor (CSTR) segment is expected to lead the global flow reactors market during the forecast period. This can be attributed to its ability to handle high-volume production and its low cost as compared with other types of flow reactors.
Product Definition:
Flow reactors are a type of reactor designed to handle high flow rates. The importance of flow reactors is that they can handle large amounts of material and provide a more efficient reaction.
Continuous Stirred Tank Reactors (CSTR):
Continuous stirred tank reactors (CSTRs) are used for continuous production of chemicals. It is a type of reaction vessel that contains a fluid catalyst which is responsible for chemical reactions. CSTRs operate at relatively low temperatures (around 70-150°C), and high pressures (up to 200 bars). These reactors can be utilized in various applications such as the manufacture of polymers, specialty chemicals, pharmaceuticals, and fertilizers among others.
Plug Flow Reactors (PFR):
Plug flow reactors (PFR) are used to carry out reactions in a controlled manner. It is also known as plug-flow reactor or continuous flow reactor and it's used for chemical synthesis, fluid processing, and purification processes. The reactants are passed through the catalyst bed at constant pressure and temperature which helps in maintaining the activity of the catalysts throughout the reaction.
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 across various end-use industries such as pharmaceutical, food & beverage, paints & coatings, etc. Furthermore, continuous technological advancements and innovations are further driving this application segment. For instance, Siemens has introduced a new flow reactor design - SFR500PFR that meets all regulatory requirements for processing 500 liters per hour with high safety standards at competitive prices.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing government initiatives and investments in R&D for flow reactors. For instance, in September 2017, India announced “UJALA Scheme†that provides free access to LDRD books to people from low income groups. This scheme covers a population of more than 300 million and is expected to increase over time which will drive demand for flow reactors in academic & research as well as chemical industries.
In addition, Asia Pacific has one of the largest pharmaceutical industries due its high population coupled with growing awareness about health issues such as drug resistance infections.
Growth Factors:
- Increasing demand for Flow Reactors from the oil and gas industry as a result of the growth in exploration and production activities
- Rising demand for Flow Reactors in the chemical processing industry due to increasing use of specialty chemicals
- Growing popularity of Flow Reactors among small-scale manufacturers owing to its ability to produce high-quality products with low capital investment
- Proliferation of nanotechnology and development of new applications that require flow reactors for synthesis, characterization, and analysis
- Technological advancements that have led to improvement in performance, efficiency, and safety features of flow reactors
Scope Of The Report
Report Attributes
Report Details
Report Title
Flow Reactors 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 & Research, Others
By Companies
Chemitrix, Syrris, Vapourtec, ThalesNano, Corning Incorporated, Uniqsis Ltd, YMC Engineering, AM Technology, HEL Group, FutureChemistry, Cambridge Reactor Design Ltd
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Flow Reactors Market Report Segments:
The global Flow Reactors 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 & 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:
- Chemitrix
- Syrris
- Vapourtec
- ThalesNano
- Corning Incorporated
- Uniqsis Ltd
- YMC Engineering
- AM Technology
- HEL Group
- FutureChemistry
- Cambridge Reactor Design Ltd
Highlights of The Flow Reactors 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 & 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 Reactors 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 Reactors are a type of nuclear reactor that uses flow-based cooling to maintain the temperature within the reactor. This technology allows for reactors to be smaller and more efficient than traditional designs, which makes them a potential option for future energy production.
Some of the major players in the flow reactors market are Chemitrix, Syrris, Vapourtec, ThalesNano, Corning Incorporated, Uniqsis Ltd, YMC Engineering, AM Technology, HEL Group, FutureChemistry, Cambridge Reactor Design Ltd.
The flow reactors market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flow Reactors 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 Reactors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Flow Reactors 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 Reactors 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 Reactors Market Size & Forecast, 2018-2028 4.5.1 Flow Reactors Market Size and Y-o-Y Growth 4.5.2 Flow Reactors Market Absolute $ Opportunity
Chapter 5 Global Flow Reactors 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 Flow Reactors 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 Flow Reactors 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 Flow Reactors Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Pharmaceutical
6.2.3 Academic & Research
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flow Reactors 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 Reactors 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 Flow Reactors Analysis and Forecast
9.1 Introduction
9.2 North America Flow Reactors 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 Flow Reactors 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 Flow Reactors Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Pharmaceutical
9.10.3 Academic & 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 Flow Reactors Analysis and Forecast
10.1 Introduction
10.2 Europe Flow Reactors 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 Flow Reactors 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 Flow Reactors Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Pharmaceutical
10.10.3 Academic & 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 Flow Reactors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flow Reactors 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 Flow Reactors 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 Flow Reactors Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Pharmaceutical
11.10.3 Academic & 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 Flow Reactors Analysis and Forecast
12.1 Introduction
12.2 Latin America Flow Reactors 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 Flow Reactors 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 Flow Reactors Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Pharmaceutical
12.10.3 Academic & 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) Flow Reactors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flow Reactors 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) Flow Reactors 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) Flow Reactors Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Pharmaceutical
13.10.3 Academic & 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 Reactors Market: Competitive Dashboard
14.2 Global Flow Reactors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chemitrix
14.3.2 Syrris
14.3.3 Vapourtec
14.3.4 ThalesNano
14.3.5 Corning Incorporated
14.3.6 Uniqsis Ltd
14.3.7 YMC Engineering
14.3.8 AM Technology
14.3.9 HEL Group
14.3.10 FutureChemistry
14.3.11 Cambridge Reactor Design Ltd