Market Overview:
The global photoreactors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for vitamin D, photo chlorination, and production of E-caprolactame. Additionally, the growing awareness about the benefits of using photoreactors is also contributing to the growth of this market. Based on type, the global photoreactors market can be segmented into lab-scale, small-scale, pilot & full-scale, and other types. The lab-scale segment is expected to account for a major share of this market in 2018 owing to its low cost and easy availability. However, with technological advancements being made in this field on a regular basis; small-scale and pilot & full scale segments are projected to witness significant growth during the forecast period from 2018to 2030.
Product Definition:
A photoreactor is a reactor that uses light as a source of energy to initiate or catalyze chemical reactions. Photoreactors may be batch-type or continuous-flow reactors, and are used in various industries, including the production of pharmaceuticals, fine chemicals, and polymers.
Lab-scale:
Lab scale is a type of bioreactor used for continuous production of large quantities of proteins, enzymes, and other biomolecules. It is also used in the study and process of fermentation which includes the conversion of sugar to various types carbon dioxide, ethanol, and other gases. The most common form found in industry today are micro-scale systems that range from 0.1 L to 100 L capacities with cost ranging from USD 10 thousand up to USD 100 thousand (USD 1 million).
Small-scale:
Small-scale solar technology is used in photoreactors that are used to produce renewable fuels and electricity. The global market for small-scale solar technology has witnessed significant growth over the past few years owing to growing environmental concerns and government support towards adoption of renewable sources of energy.
Application Insights:
The photo chlorination application segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. This is attributed to its rising use in water treatment applications across several industries, such as pulp & paper, food processing and chemical. It also has uses in wastewater treatment plants for disinfecting water by killing bacteria & viruses. Chlorine has been found to be an effective biocidal agent against a wide range of microorganisms including bacteria, fungi and parasites that cause diseases among animals & humans.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 60% in 2016 and is anticipated to witness significant growth during the forecast period owing to increasing demand from end-use industries such as agriculture, pharmaceuticals, food & beverages, water treatment and others. Increasing awareness regarding solar energy coupled with growing industrialization in emerging countries such as China and India are some of the major factors driving regional market growth.
The photoreactor market in Europe was valued at USD X million in 2016 owing to high R&D investments by various organizations for developing advanced reactors using solar energy. In addition, rising environmental concerns have led European governments towards adopting ecofriendly technologies which will further drive product adoption over the next eight years.
Growth Factors:
- Increasing demand for photoreactors in the pharmaceutical and biotechnology industries for the production of monoclonal antibodies, recombinant proteins, and vaccines.
- Growing demand for photoreactors in the food industry for the production of enzymes, flavors, and colors.
- Rising demand from academic research institutes and contract research organizations (CROs) for use in drug discovery and development processes.
- Technological advancements that have led to the development of novel photoreactor designs with enhanced performance characteristics such as higher throughputs and reduced processing times.
Scope Of The Report
Report Attributes
Report Details
Report Title
Photoreactors Market Research Report
By Type
Lab-scale, Small-scale, Pilot & full-scale, Other
By Application
Photo chlorination, Production of Vitamin D, Photo alkylation, Artemisinin production (anti malarial drug), Production of E-caprolactame, Others
By Companies
Corning Incorporated, ThalesNano, Syrris, Peschl Ultraviolet, Vapourtec, Creaflow, Uniqsis, Merck, YMC Engineering, Ekato, HK Testsysteme GmbH, Luzchem, TOPTION, Techinstro, Amar Equipments, Shenzhen Prui material Technology
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Photoreactors Market Report Segments:
The global Photoreactors market is segmented on the basis of:
Types
Lab-scale, Small-scale, Pilot & full-scale, Other
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
Photo chlorination, Production of Vitamin D, Photo alkylation, Artemisinin production (anti malarial drug), Production of E-caprolactame, 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:
- Corning Incorporated
- ThalesNano
- Syrris
- Peschl Ultraviolet
- Vapourtec
- Creaflow
- Uniqsis
- Merck
- YMC Engineering
- Ekato
- HK Testsysteme GmbH
- Luzchem
- TOPTION
- Techinstro
- Amar Equipments
- Shenzhen Prui material Technology
Highlights of The Photoreactors 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:
- Lab-scale
- Small-scale
- Pilot & full-scale
- Other
- By Application:
- Photo chlorination
- Production of Vitamin D
- Photo alkylation
- Artemisinin production (anti malarial drug)
- Production of E-caprolactame
- 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 Photoreactors 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.
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- Correctly Positioning New Products
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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?
A photoreactor is a device that uses light to produce chemical reactions.
Some of the major companies in the photoreactors market are Corning Incorporated, ThalesNano, Syrris, Peschl Ultraviolet, Vapourtec, Creaflow, Uniqsis, Merck, YMC Engineering, Ekato, HK Testsysteme GmbH, Luzchem, TOPTION, Techinstro, Amar Equipments, Shenzhen Prui material Technology.
The photoreactors 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 Photoreactors 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 Photoreactors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photoreactors 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 Photoreactors 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 Photoreactors Market Size & Forecast, 2020-2028
4.5.1 Photoreactors Market Size and Y-o-Y Growth
4.5.2 Photoreactors 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 Lab-scale
5.2.2 Small-scale
5.2.3 Pilot & full-scale
5.2.4 Other
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 Photo chlorination
6.2.2 Production of Vitamin D
6.2.3 Photo alkylation
6.2.4 Artemisinin production (anti malarial drug)
6.2.5 Production of E-caprolactame
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photoreactors 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 Photoreactors 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 Lab-scale
9.6.2 Small-scale
9.6.3 Pilot & full-scale
9.6.4 Other
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 Photo chlorination
9.10.2 Production of Vitamin D
9.10.3 Photo alkylation
9.10.4 Artemisinin production (anti malarial drug)
9.10.5 Production of E-caprolactame
9.10.6 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 Lab-scale
10.6.2 Small-scale
10.6.3 Pilot & full-scale
10.6.4 Other
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 Photo chlorination
10.10.2 Production of Vitamin D
10.10.3 Photo alkylation
10.10.4 Artemisinin production (anti malarial drug)
10.10.5 Production of E-caprolactame
10.10.6 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 Lab-scale
11.6.2 Small-scale
11.6.3 Pilot & full-scale
11.6.4 Other
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 Photo chlorination
11.10.2 Production of Vitamin D
11.10.3 Photo alkylation
11.10.4 Artemisinin production (anti malarial drug)
11.10.5 Production of E-caprolactame
11.10.6 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 Lab-scale
12.6.2 Small-scale
12.6.3 Pilot & full-scale
12.6.4 Other
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 Photo chlorination
12.10.2 Production of Vitamin D
12.10.3 Photo alkylation
12.10.4 Artemisinin production (anti malarial drug)
12.10.5 Production of E-caprolactame
12.10.6 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 Lab-scale
13.6.2 Small-scale
13.6.3 Pilot & full-scale
13.6.4 Other
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 Photo chlorination
13.10.2 Production of Vitamin D
13.10.3 Photo alkylation
13.10.4 Artemisinin production (anti malarial drug)
13.10.5 Production of E-caprolactame
13.10.6 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 Photoreactors Market: Competitive Dashboard
14.2 Global Photoreactors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corning Incorporated
14.3.2 ThalesNano
14.3.3 Syrris
14.3.4 Peschl Ultraviolet
14.3.5 Vapourtec
14.3.6 Creaflow
14.3.7 Uniqsis
14.3.8 Merck
14.3.9 YMC Engineering
14.3.10 Ekato
14.3.11 HK Testsysteme GmbH
14.3.12 Luzchem
14.3.13 TOPTION
14.3.14 Techinstro
14.3.15 Amar Equipments
14.3.16 Shenzhen Prui material Technology
