Flow Chemistry Market 2014 Share, Trend, Segmentation and Forecast Flow Chemistry - Global Industry Analysis, Size, S

Flow Chemistry - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 -
2020
Traditional manufacturing processes primarily based on batch and semi-batch
operating modes carry economic, environmental and production drawbacks. Over a
period, new developments in the field of synthesis of chemicals have taken place for
sustainable production. Flow chemistry is anticipated to be the potential solution to
address environmental and productivity challenges. In flow chemistry, a chemical
reaction is carried out by constant pumping of a stream with dissolved reaction
mixture through a reactor. Flow chemistry offers various benefits to manufacturers.
These include improved reaction time, better temperature control, multi-step
production and safety & environmental profiles.
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chemistry-market.html
Based on product segments, the market for flow chemistry has been classified into
microreactor systems, continuous stirred tank reactor (CSTR), plug flow reactor
(PFR) and microwave reactor, among others. Continuous stirred tank reactor
accounted for over 40% of the global flow chemistry market in 2013. The market for
flow chemistry is primarily driven by increasing need to lower operating costs and
adoption of sustainable technologies by manufacturers. Flow chemistry offers
various advantages vis-à-vis batch reactors, including superior heat and mass
transfer. These advantages lead to controlled reactions, higher purified products,
low raw material consumption and significant savings in installation costs.
Microreactor systems is expected to be the fastest growing product segment in the
flow chemistry market during the forecast period. Microreactor systems offer higher
purified products and reaction yields compared to other flow chemistry equipment.
However, issues related to scaling-up of the technology for commercialization and
need to meet government regulations in the pharmaceutical industry are likely to
hamper market growth during the forecast period.
The chemical segment has been dominating the demand for flow chemistry over the
past few years. In terms of revenue, the segment accounted for over 35% of the
global flow chemistry market in 2013. Rising demand for flow chemistry in complex
chemical reactions coupled with the need to adopt green manufacturing
technologies is projected to drive demand for flow chemistry in this segment.
Pharmaceutical is anticipated to be the second-largest end-user of flow chemistry
during the forecast period. Increasing demand for flow chemistry by manufacturers
of active pharmaceutical ingredients (APIs) is estimated to boost the flow chemistry