More Information @ http://bit.ly/2k41l7w The global flow chemistry market size for pharmaceutical is the fastest growing segment by 2024, as it helps to offers high yield along with low operational cost and will positively impact the industry growth over the estimated period. It also offers high safety measures as compared to batch reactors.
Flow Chemistry Market to grow at 10% CAGR from 2016 – 2024: Global Market Insights Inc. The Flow Chemistry Market trends are analyzed from recent past with an eye on coming years in this report that also offers projections for Flow Chemistry industry targeted at helping in business decisions. Flow chemistry market is poised to witness a lucrative roadmap ahead with the products’ ability to enable sustainable manufacturing processes, owing to the minimal energy consumption, maximum production, and cost effectiveness with deployment of these products. Driven by the paradox shift observed in preference of ecofriendly processes both in chemical and pharmaceutical sectors, the market looks extremely promising from growth perspectives in the coming timeframe. Harmful toxic gas emissions which has been a major concern in the chemical sector for years, now can be addressed with the adoption of flow chemical processes as these involve least heat exchange and consequently offers better reaction productivity. In response to this fact, chemical manufacturing units are emerging as one of the prominent revenue contributors of the flow chemistry industry. Pharmaceutical sector is further adding to a huge share of the flow chemistry industry. The report estimates that this sector will be the fastest-growing segment in the enduse landscape. Rising preference of flow chemistry products over batch reactors driven by safety parameters, usage in drug manufacturing, and ability to increase the production rate at a lower cost are the factors driving the flow chemistry market size in pharmaceutical applications. North America flow chemistry market on this ground is experiencing a rapid growth with the expanding petrochemical and pharmaceutical industry base. It is set to register a CAGR of 9% over the period of 2016-2024. U.S. is the prominent country leading the regional growth with considerable natural gas and petrochemical feedstocks. Petrochemical and chemical industry is also witnessing a huge adoption of flow chemistry products. In this regard, continuous stirred tank reactor has gained a significant prominence in the flow chemistry industry having dominated the flow chemistry product landscape in 2015. The huge demand for these products is driven by their ability to substantially increase the productivity with a parallel reduction in the cost. Academic & Industrial research units are also driving the industry share lucratively. The most common product deployed across these units are Microreactor systems, 1 | P a g e