Today: August 3, 2015, 11:24 pm
  
Global flow chemistry market forecast to attain revenues of US$1.2Bn by 2018
companiesandmarkets.com
companiesandmarkets.com
Flow Chemistry Market by Reactor Type - Trends & Forecast to 2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 12:39:01
The global flow chemistry market is forecast to be worth US$1,216.11 Million by 2018. The flow chemistry market is estimated to grow at a CAGR of 9.4% till 2018 to reach $1,216.11 million. The major devices discussed in the report are CSTR, PFR, MRT and Microwave systems. MRT systems are the top most growing type of flow reactors in comparison with others.The margin shrinkage, stringent regulations, cGMP rules and environmental considerations has lead the players in chemicals & pharmaceuticals industry to divert their attention to continuous flow reactors like micro reactors. Many companies have already implemented the technology and started actual production through these efficient devices. MRT systems can be scaled up thus shortening time to market. Whereas batch processes must often be altered considerably in the transfer to large-scale production, micro reactor processes can proceed largely unmodified. Instead, they can be run using multiple micro reactors in parallel, a practise called "numbering up."With the chemicals and pharmaceuticals industry growing at healthy rates globally along with recovering European countries from crisis, the market for these continuous devices will witness a significant growth in the coming years. Various companies have already entered into collaborations, joint ventures to develop these energy efficient devices. The market for these devices was estimated at $709.5 million and expected to reach $1,216.1 million by 2018 growing at CAGR of 9.4%, with MRT systems growing the fastest.The market for continuous flow reactors is driven by sustainable production techniques laws (cGMP) and other environmental issues related to chemicals processing. Continuous flow reactors consume less energy as compared to traditional batch reactors. These reactors find wide applications in pharmaceuticals and chemicals processing. A lot of opportunities are found in other industries which include petro chemicals, nano particles production, flavor and fragrance manufacturing etc.

Click for report details: www.companiesandmarkets.com/Market/Chemicals/Market-Research/Flo ..

Browse all Chemicals Market Research Reports www.companiesandmarkets.com/Market/Chemicals/Market-Research?aCo ..

Browse all Chemicals Company Profile Reports www.companiesandmarkets.com/Market/Chemicals/Company-Profile?aCo ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com
Related Articles

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.