Market Overview:
The global micro reactor technology market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniaturized reactors for various applications, such as chemical synthesis, polymer synthesis, process analysis, and material analysis. In addition, the growing demand for disposable micro reactors is also contributing to the growth of this market. However, factors such as high initial investment and lack of standardization are restraining the growth of this market. Based on type, the global micro reactor technology market can be segmented into disposable and reusable micro reactors. The disposable segment is expected to grow at a higher CAGR than the reusable segment during the forecast period from 2018 to 2030 owing to its low cost and easy disposal after use. Based on application, this market can be divided into chemical synthesis, polymer synthesis process analysis,, material analysis,.
Product Definition:
Micro reactor technology is a term used to describe a number of different reactor designs that share a common feature: their small size. The reactors can range in size from 1 milliliter to 1000 liters, and they are often used for research and development purposes or for the production of specialty chemicals.
Disposable:
The global disposable is expected to grow at a CAGR of XX% from 2016 to 2024. The growth factor for the market is due to its increasing demand in medical and pharmaceutical industries, owing to factors such as low cost & high efficiency, biocompatibility & safety along with easy availability. Moreover, growing awareness among people regarding health issues has led them towards using disposables for various applications which will propel the industry growth over the forecast period.
Reusable:
Reusable media is used in micro reactors for thermal processing and chemical synthesis. It includes ceramics, composite materials, and metal composites. The most commonly used material type in the industry is ceramic which includes alumina, silica-based products (quartz), zirconia (TZP), titania-based products (titanium dioxide) and silicon carbide-based products (SiC).
Application Insights:
The global market is segmented by application into chemical synthesis, polymer synthesis, process analysis and material analysis. The chemical synthesis segment dominated the overall industry in terms of revenue share in 2017. This high share is attributable to factors such as growing demand for chemicals that are essential for daily life such as pharmaceuticals, agrochemicals and personal care products among others.
Microreactor technology has witnessed significant adoption across research settings where it has been used to develop novel catalysts that operate at lower temperatures with enhanced efficiency and reduced costs. In addition, microreactor platforms have enabled researchers to study complex reaction networks on a small scale thereby providing insights into critical processes occurring at industrial scales without the need for large expensive reactors or even laboratory sized units. These advantages of microreactor technology over other systems have resulted in its preference across academic institutions and research laboratories worldwide driving growth of this application segment over the forecast period.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrialization, especially in China and India. Increasing demand for energy, coupled with growing concerns regarding environmental pollution, has led to a rise in nuclear power generation across these countries. This factor is anticipated to have a positive impact on industry expansion over the next eight years.
Europe was estimated as the second-largest market by revenue owing to high R&D investments deployed by major players operating within this region towards development of new products based on micro reactors technology platform.
Growth Factors:
- Increasing demand for miniaturization in the chemical and pharmaceutical industries
- Growing popularity of micro reactors for research and development purposes
- Rising preference for continuous processing over batch processing in the chemical industry
- Proliferation of micro reactor technology across multiple industries
- Technological advancements that improve the efficiency and performance of micro reactors
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Reactor Technology Market Research Report
By Type
Disposable, Reusable
By Application
Chemical Synthesis, Polymer Synthesis, Process Analysis, Material Analysis
By Companies
AM Technology, Little Things Factory, Microinnova Engineering GmbH, Thaletec GmbH, Vapourtec Ltd, Ehrfeld Mikrotechnik BTS, Uniqsis Ltd, Chemtrix LtdÂ
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Micro Reactor Technology Market Report Segments:
The global Micro Reactor Technology market is segmented on the basis of:
Types
Disposable, Reusable
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 Synthesis, Polymer Synthesis, Process Analysis, Material Analysis
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:
- AM Technology
- Little Things Factory
- Microinnova Engineering GmbH
- Thaletec GmbH
- Vapourtec Ltd
- Ehrfeld Mikrotechnik BTS
- Uniqsis Ltd
- Chemtrix LtdÂ
Highlights of The Micro Reactor Technology 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:
- Disposable
- Reusable
- By Application:
- Chemical Synthesis
- Polymer Synthesis
- Process Analysis
- Material Analysis
- 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 Micro Reactor Technology 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
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- 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?
Micro reactors are a type of nuclear reactor that use small amounts of uranium to produce electricity. They are also known as miniature reactors, microreactors, or nanofuel Reactors.
Some of the major companies in the micro reactor technology market are AM Technology, Little Things Factory, Microinnova Engineering GmbH, Thaletec GmbH, Vapourtec Ltd, Ehrfeld Mikrotechnik BTS, Uniqsis Ltd, Chemtrix Ltd‚Â .
The micro reactor technology market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Micro Reactor Technology Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Micro Reactor Technology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Micro Reactor Technology Market - Supply Chain
4.5. Global Micro Reactor Technology Market Forecast
4.5.1. Micro Reactor Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Micro Reactor Technology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Micro Reactor Technology Market Absolute $ Opportunity
5. Global Micro Reactor Technology Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Micro Reactor Technology Market Size and Volume Forecast by Type
5.3.1. Disposable
5.3.2. Reusable
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Micro Reactor Technology Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Micro Reactor Technology Market Size and Volume Forecast by Application
6.3.1. Chemical Synthesis
6.3.2. Polymer Synthesis
6.3.3. Process Analysis
6.3.4. Material Analysis
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Micro Reactor Technology Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Micro Reactor Technology Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Micro Reactor Technology Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Micro Reactor Technology Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Micro Reactor Technology Demand Share Forecast, 2019-2029
9. North America Micro Reactor Technology Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Micro Reactor Technology Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Micro Reactor Technology Market Size and Volume Forecast by Application
9.4.1. Chemical Synthesis
9.4.2. Polymer Synthesis
9.4.3. Process Analysis
9.4.4. Material Analysis
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Micro Reactor Technology Market Size and Volume Forecast by Type
9.7.1. Disposable
9.7.2. Reusable
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Micro Reactor Technology Demand Share Forecast, 2019-2029
10. Latin America Micro Reactor Technology Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Micro Reactor Technology Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Micro Reactor Technology Market Size and Volume Forecast by Application
10.4.1. Chemical Synthesis
10.4.2. Polymer Synthesis
10.4.3. Process Analysis
10.4.4. Material Analysis
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Micro Reactor Technology Market Size and Volume Forecast by Type
10.7.1. Disposable
10.7.2. Reusable
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Micro Reactor Technology Demand Share Forecast, 2019-2029
11. Europe Micro Reactor Technology Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Micro Reactor Technology Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Micro Reactor Technology Market Size and Volume Forecast by Application
11.4.1. Chemical Synthesis
11.4.2. Polymer Synthesis
11.4.3. Process Analysis
11.4.4. Material Analysis
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Micro Reactor Technology Market Size and Volume Forecast by Type
11.7.1. Disposable
11.7.2. Reusable
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Micro Reactor Technology Demand Share, 2019-2029
12. Asia Pacific Micro Reactor Technology Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Micro Reactor Technology Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Micro Reactor Technology Market Size and Volume Forecast by Application
12.4.1. Chemical Synthesis
12.4.2. Polymer Synthesis
12.4.3. Process Analysis
12.4.4. Material Analysis
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Micro Reactor Technology Market Size and Volume Forecast by Type
12.7.1. Disposable
12.7.2. Reusable
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Micro Reactor Technology Demand Share, 2019-2029
13. Middle East & Africa Micro Reactor Technology Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Micro Reactor Technology Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Micro Reactor Technology Market Size and Volume Forecast by Application
13.4.1. Chemical Synthesis
13.4.2. Polymer Synthesis
13.4.3. Process Analysis
13.4.4. Material Analysis
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Micro Reactor Technology Market Size and Volume Forecast by Type
13.7.1. Disposable
13.7.2. Reusable
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Micro Reactor Technology Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Micro Reactor Technology Market: Market Share Analysis
14.2. Micro Reactor Technology Distributors and Customers
14.3. Micro Reactor Technology Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AM Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Little Things Factory
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Microinnova Engineering GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thaletec GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vapourtec Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ehrfeld Mikrotechnik BTS
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Uniqsis Ltd
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chemtrix Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
