Flow Chemistry Industry Overview

The global flow chemistry market size was estimated at USD 1.76 billion in 2023 and is expected to grow at a CAGR of 11.6% from 2024 to 2030.

Increasing awareness surrounding sustainable development and the growing pharmaceutical and chemical industries are some of the key driving factors for industry growth. The COVID-19 pandemic resulted in an oil price collapse, leading to a narrowing of feedstock cost advantages for chemical companies. This resulted in decreased demand for reactors in the chemical industry, which generates a major part of the industry's revenue. Moreover, these effects were felt by the petrochemical and pharmaceutical industries, thus negatively impacting the market growth.

Gather more insights about the market drivers, restrains and growth of the Flow Chemistry Market

The pandemic exposed the pharmaceutical supply chain in the U.S., leading to many companies setting up manufacturing facilities. The U.S. Food and Drug Administration (FDA) is advocating the use of flow chemistry for Active Pharmaceutical Ingredients (APIs) production. This is expected to boost the country's industrial growth.

The use of continuous flow methods in this technology for extraction, chromatography, and reactions with supercritical fluids provides several advantages over the batch process. Moreover, the use of green solvents such as methanol and acetone can be safely carried out in a flow reactor under high pressure and elevated temperatures.

Smaller equipment sizes, decreased waste, lower costs, and faster time to market for new medications are expected to fuel the growth. Increased investment in R&D by reactor manufacturers and end-users is projected to drive the market. Several benefits of flow chemical reactors over batch reactors are expected to augment the industry growth.

The market's competitive landscape is driven by technological innovation for the use of flow chemistry. Companies in the industry are extensively spending on R&D and creating products to optimize the manufacturing procedure and increase the yield to be synthesized. Global demand for fine chemicals and specialized chemicals has driven manufacturers to create partnerships with end-users, which is likely to promote growth.

Browse through Grand View Research's Organic Chemicals Industry Research Reports.

• The global petrochemicals market size was valued at USD 619.28 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030.
• The global methanol market size was estimated at USD 36.0 billion in 2023 and is projected to grow at a CAGR of 8.9% from 2024 to 2030.

Flow Chemistry Market Segmentation

Grand View Research has segmented the global flow chemistry market report based on reactor type, application, and region

Flow Chemistry Reactor Type Outlook (Revenue, USD Million, 2018 - 2030)

• CSTR
• Plug Flow Reactor
• Microreactor
• Packed-Bed Reactor
• Others

Flow Chemistry Application Outlook (Revenue, USD Million, 2018 - 2030)

• Pharmaceuticals
• Chemicals
• Academia & Research
• Petrochemicals
• Others

Flow Chemistry Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE

Key Companies profiled:

• Am Technology
• Asahi Glassplant Inc.
• METTLER TOLEDO
• Vapourtec Ltd.
• ThalesNano Inc.
• E.L. Group
• Uniqsis Ltd.
• Ehrfeld Mikrotechnik BTS
• Future Chemistry Holding BV
• Corning Incorporated
• Parr Instrument Company
• Amar Equipment Pvt. Ltd.
• FABEX ENGINEERING PVT. LTD.
• Dalton Pharma Services

Recent Developments

• In December 2023, AGI Group acquired Chemtrix B.V. This acquisition of Chemtrix B.V. is anticipated to scale up AGI Group's capabilities in the flow chemistry market for application in the pilot as well as the manufacturing field.   
• In July 2023, H.E.L Group announced a collaboration with IIT Kanpur to leverage sustainable energy driven by the institute. The objective of this initiative was to create new testing labs for conducting research in new chemistry development, battery storage, and thermal characteristics study.

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