Flow Chemistry Market 2014 Share, Trend, Segmentation and Forecast Flow Chemistry - Global Industry Analysis, Size, S | Page 2
market. Flow chemistry is also expected to enhance the E-factor in the manufacture
of APIs. Pharmaceutical is likely to be the most lucrative end-user segment in the
flow chemistry market. Academic & industrial research is also projected to be one of
the major outlets for flow chemistry in the next few years. Flow chemistry has the
ability to enhance the purity and refining properties of products in the
petrochemical industry. Other major end-users for flow chemistry include polymers,
dyes and nanostructured materials.
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North America was the largest regional market for flow chemistry, accounting for
over 35% of the global demand in 2013. Rising demand for flow chemistry in
pharmaceutical and chemical industries is driving the flow chemistry market in the
region. Asia Pacific was the second-largest market for flow chemistry in 2013.
Increase in chemical, pharmaceutical and industrial research activities is projected
to boost the demand for flow chemistry in the region. Demand for flow chemistry in
Europe is rising, due to higher number of academic & industrial research activities
coupled with increase in manufacture of nanostructured materials. Rest of the World
is expected to be the fastest growing region in the flow chemistry market during the
forecast period. Countries such as Brazil, Saudi Arabia and South Africa are
anticipated to offer better opportunities for the flow chemistry market, due to high
demand for flow chemistry in chemical and petrochemical industries.
Companies such as Syrris Ltd., ThalesNano Inc., Uniqsis Ltd., Vapourtec Ltd.,
FutureChemistry Holding BV, Chemtrix B.V., AM Technology, Royal DSM and Lonza
Group are the major manufacturers in the flow chemistry market. Most
manufacturers offer continuous stirred tank reactors, plug flow reactors and
microreactor systems, among others.
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