CSTR reactors accounted over 40% of the market share in 2015. Early adoption and low cost of product is expectedto play key role in driving the market demand over the forecast period. These reactors are fully automated in orderto control the important reactor parameters such as pressure, torque, turbidity, pH level, gas flow, motor speed, andtemperature.Microreactors are likely to witness fastest growth from 2016 to 2025 with CAGR of 20%. Easy handling of unstableand hazardous materials coupled with high level of control during exothermic reactions is likely to fuel the demandfor this technology over the forecast period.Application InsightsChemical application accounted over 30% of revenue share in 2015. Increasing usage of flow chemistry due to risingfocus towards safety and environmental regulations, and cost effectiveness is likely to propel the market growth ofthis application over the forecast period.Pharmaceuticals is expected to witness a growth due to increasing old age population and rising health awareness,which will lead to maximum usage of flow chemistry in this sector.Regional InsightsNorth America dominated the market by accounting over 30% of revenue share in 2015. Technology advancementsand established chemical industry in the region is expected to drive the demand in this region. Rising petrochemicalinvestment is also expected to have a positive impact on market growth.Asia Pacific was the second largest regional market in 2015. Rising demand for generic drugs is likely to boost thepharmaceutical industry, which will propel the demand for flow chemistry. China is the largest producer ofpharmaceuticals in this region is expected to provide large opportunities over the forecast period.Extensive R & D in the pharmaceutical industry in countries such as France, Switzerland, UK, and Germany are likelyto propel the demand. Rising petrochemical application in Middle East is likely to drive the market growth of flowchemistry sector.Competitive InsightsKey players are PDC Machines Inc., Little Thing Factory, Lonza, Cambridge Reactor Design, Uniqsis, Parr InstrumentCompany, Corning Incorporated, Future Chemistry Holding BV, Saida FDS Inc., Vapourtec Ltd., Biotage Syrris Ltd.,Milestone Srl, CEM Corporation, and AM Technology.New product development is the strategy adopted by market players. Flow chemistry products are distributed bysuppliers. The key suppliers include Sigma Aldrich, Amar Equipment, and John Morris Scientific. Some of theimportant consumers are Akzo Nobel Chemicals, Air Products & Chemicals, Novartis, BASF, and DSM.
Request Sample Copy of This Report @https://www.millioninsights.com/industry-reports/flow-chemistry-market/request-sampleMarket Segment:Application Outlook (Revenue, USD Million, 2014 - 2025)• Pharmaceuticals• Chemicals• Academia & Research• Petrochemicals• OthersReactor Outlook (Revenue, USD Million, 2014 - 2025)• CSTR• Plug Flow Reactor• Microreactor• Microwave System• OthersRegional Outlook (Revenue, USD Million, 2014 - 2025)• North America• U.S.• Europe• Germany• UK• Asia Pacific• China