플로우 케미스트리 시장 보고서 : 리액터, 용도, 지역별(2024-2032년)

The global flow chemistry market size reached US$ 1.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2032, exhibiting a growth rate (CAGR) of 8.8% during 2024-2032. Some of the major factors driving the flow chemistry market include the growing emphasis on sustainability, the increasing requirement for exact synthesis, modular scalability, and automation, as well as extensive product use across the pharmaceuticals, chemicals, and materials sectors.

Flow Chemistry Market Analysis:

Market Growth and Size: Flow chemistry market growth is primarily driven by the rising need for sustainable and efficient industrial processes, including improved reaction control, reduced waste generation, and enhanced safety measures. Flow chemistry systems are gaining popularity in the pharmaceutical and specialty chemical industries owing to their ability to improve yields and speed reaction kinetics, leading to a favorable flow chemistry market outlook. Additionally, modular and automated flow systems have made it easier to scale up and incorporate into existing production lines, resulting in significant flow chemistry market growth opportunities.

Technological Advancements: Technological advancements in the flow chemistry market have altered the way chemical processes are carried out, allowing for unprecedented control, efficiency, and scalability. These discoveries have an impact on many aspects of flow chemistry systems, including reactor design and automation, as well as online monitoring and synthesis procedures.

Industry Applications: The applications of flow chemistry are diverse, illustrating its applicability to a variety of chemical processes. Flow chemistry has altered drug discovery and manufacturing in the pharmaceutical industry by enabling the rapid synthesis of complicated molecules, the optimization of reaction conditions, and the scalability of production systems. Furthermore, it is frequently utilized in fine chemicals and specialized chemical manufacturing, with advantages such as higher selectivity, reduced waste generation, and improved process safety. Flow chemistry enables the synthesis of novel compounds and materials with specified properties in fields such as agrochemicals and materials science, resulting in improvements in agriculture, materials engineering, and beyond.

Geographical Trends: Flow chemistry market trends represent a global picture of acceptance and innovation, with major concentrations of activity in key regions. North America leads the flow chemistry market, driven by strong R&D activities in the pharmaceutical and biotechnology sectors. Additionally, Europe also has a strong presence, with renowned universities, research institutes, and pharmaceutical businesses driving advances in flow chemistry technology. Besides this, Asia-Pacific appears to be a fast-expanding market, fueled by rising investment in chemical production, especially in China, India, and Japan.

Competitive Landscape: The flow chemistry industry is dominated by a diverse group of flow chemistry market leaders, including chemical manufacturers, new technology suppliers, and research organizations. Flow chemistry companies are always researching and developing new technologies, expanding product offerings, and strengthening market presence. Moreover, companies are also investing in developing complicated flow reactors, automation systems, and software solutions to meet the changing demands of clients across sectors. Some of the top key players in the market include AM Technology, Chemtrix BV, Corning Incorporated, Ehrfeld Mikrotechnik GmbH, FutureChemistry Holding B.V., HEL Ltd., Lonza Group AG, Milestone Srl, Parr Instruments Company, Syrris Ltd (Asahi Glassplant Inc.), ThalesNano Inc, among others.

Challenges and Opportunities: The implementation of flow chemistry technologies appears as a challenge, which may necessitate significant investments in infrastructure and employee training. Furthermore, integrating flow systems into existing manufacturing processes may be difficult, needing careful optimization and validation. However, as per flow chemistry market analysis, it has the potential for greater efficiency, scalability, and sustainability, compared to traditional batch processes, resulting in reduced costs and increased production. Additionally, developments in reactor design, automation, and analytical instruments allow for new synthetic methodologies, speedier production processes, and the synthesis of complicated chemicals. The growing need for sustainable and environmentally friendly production techniques, where flow chemistry plays an essential role, validates the flow chemistry market forecast.

Future Outlook: The flow chemistry market outlook appears promising, due to ongoing technological advancements, greater utilization across industries, and a growing emphasis on sustainability and process efficiency. Key flow chemistry market trends such as automation, in-line analytics, and enhanced software tools are expected to increase the efficiency and consistency of flow operations. Furthermore, the expansion of flow chemistry into applications, including biopharmaceuticals, renewable energy, and creative materials, presents an attractive opportunity for flow chemistry market growth.

Flow Chemistry Market Trends:

Sustainability And Efficiency Demands

The global trend toward more sustainable and environmentally friendly industrial practices has hastened the adoption of flow chemistry. This strategy is compatible with the industry's growing emphasis on waste reduction, resource conservation, and minimizing the environmental impact of chemical operations, which increases demand. Additionally, flow chemistry provides for precise control of reaction conditions, leading to better selectivity, yield, and reduced byproduct formation. Furthermore, the continuous-flow feature of the process allows for real-time adjustments, resulting in more efficient reactions and less energy use. As regulatory limitations and customer expectations for environmentally friendly items increase, businesses are turning to flow chemistry to meet these demands while staying competitive, hence driving market expansion. For instance, Nestle announced its plans to invest US$ 675 Million in a new plant in Metro Phoenix, Arizona, the United States, to produce beverages, including oat milk coffee creamers, as consumer demand for plant-based products increases. The plant is expected to be operational in 2024.

Precise And High-throughput Synthesis Needs

Flow chemistry addresses the need for precise and high-throughput synthesis, particularly in sectors such as pharmaceuticals, agrochemicals, and specialty chemicals. The controlled flow of reactants through microreactors or channels enhances efficient mixing, which results in faster reaction kinetics and higher yields. This level of control is especially advantageous for complex multi-step synthesis since it reduces the chance of side reactions while increasing result reproducibility. Industries are drawn to flow chemistry's ability to rapidly produce a varied range of chemicals, allowing for speedier development and optimization of new products, which contributes to its expanding popularity. Furthermore, the market is being driven forward by growing product utilization to accelerate drug discovery and process development by providing a platform for systematic testing of reaction conditions. For instance, the government of India reports that India's chemical sector (including fertilizers and pharmaceuticals) grew by 18-23% in recent years and is expected to increase to US$ 304 Billion by 2025. Therefore, the rise in chemical production is driving the growth of the chemical logistics market.

Modular Automation and Scalability

The development of modular and automated flow systems has substantially aided the rise of the flow chemistry business. These systems include plug-and-play setups, allowing for easy integration into existing production lines and minimal downtime during setup. In addition, the modular design enables modification, providing compatibility with a wide range of reaction kinds and sizes. This scalability, from lab-scale research to industrial production, is a significant benefit of flow chemistry. As a consequence, enterprises may develop and refine processes in the lab before transferring them to larger-scale production with minimal changes. This shortens the time-to-market and lowers the risk of scaling up breakthrough chemical processes, creating profitable potential for industry growth. The competitive environment is driven by the innovation in technology for the usage of flow chemistry. For instance, Corning Incorporated announced the initiation of the Corning Advanced-Flow Technology Academy in China. The academy was purposed to fulfill the objective of delivering interactive and top-notch live training on the company's platform of flow chemistry education.

Collaborations And Partnerships

Collaboration among academia, industry, and technology suppliers is crucial for fostering innovation and increasing the applications of flow chemistry. Pharmaceutical corporations collaborated with academic institutions and technology providers to create innovative synthetic techniques, investigate new reaction routes, and solve pharmaceutical development and production challenges. These alliances facilitated information sharing, technological transfer, and the creation of economically viable solutions. For instance, Arkema S.A., a specialty chemicals and advanced materials firm, will collaborate with Swiss trade tech pioneer Nexxiot to digitize Arkema's Isotank (Tank Container) and rail freight wagon fleets utilizing Nexxiot's cutting-edge IoT devices and intelligent cloud platform. This collaboration would provide Arkema customers with end-to-end visibility, allowing them to raise quality standards and change the entire service experience. Furthermore, Agility Logistics, a Kuwait-based logistics company, will join with Shipa, a US-based digital logistics platform, to build a bonded, expedited road freight network between Kuwait and the United States. This collaboration would result in a new service offering customers less-than-truckload (LTL) and full truckload (FTL) alternatives and a rapid, cost-effective way to export parcels, pallets, or goods containers.

Flow Chemistry Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global flow chemistry market report, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on reactor and application.

Breakup by Reactor:

Continuous Stirred Tank Reactor

Plug Flow Reactor

Microreactor

Microwave System

Others

Continuous stirred tank reactor dominates the market

The report has provided a detailed breakup and analysis of the market based on the reactor. This includes a continuous stirred tank reactor, plug flow reactor, microreactor, microwave system, and others. According to the report, continuous stirred tank reactors represented the largest segment.

One key factor driving market growth is the growing need for continuous stirred tank reactor (CSTR) flow chemistry, which has distinct qualities that adapt to the changing demands of chemical industries. CSTR flow chemistry offers a balance between the advantages of classic batch techniques and those of continuous flow systems. Its ability to function in a continuous state while providing efficient mixing and response control is quite helpful. Furthermore, the versatility of CSTR flow systems allows for a wide range of reactions and reaction conditions, making them suitable for several applications such as fine chemicals, pharmaceuticals, and petrochemicals, which contributes to market growth. Besides this, the inherent safety features of continuous flow promote the usage of CSTR flow chemistry. This results in market expansion. As industries strive for improved efficiency, safety, and product quality, the demand for CSTR flow chemistry continues to rise as a dependable and adaptable technology. For example, in October 2023, Vapourtec launched a new continuous stirred tank reactor (CSTR) designed to enhance continuous process synthesis, offering compatibility with their renowned flow chemistry systems. The CSTR cascade system allows for the integration of up to eight reactors within an R-Series flow chemistry system, such as two R4 modules, making it ideal for managing flow reactions that involve both solids and liquids. It operates at pressures of up to 5.0 bar and provides a reactor volume range from 5 ml to 40 ml, with precise temperature control from -10°C to +150°C. Additionally, Vapourtec provides the choice of incorporating a photochemical CSTR, which uses LED light sources spanning from 365nm to 700nm. The design of the CSTR is a result of close collaboration with leading flow chemists from both industry and academia.

Breakup by Application:

Pharmaceuticals

Chemicals

Academia and Research

Petrochemicals

Others

Chemicals hold the largest share of the market

The report has provided a detailed breakup and analysis of the market based on the application. This includes pharmaceuticals, chemicals, academia and research, petrochemicals, and others. According to the report, chemicals accounted for the largest market share.

Another key growth driver is the growing need for flow chemistry in the thriving chemical industry, which has the potential to disrupt traditional chemical manufacturing methods. Simultaneously, the goal of operational excellence and cost efficiency drives market development. Furthermore, flow chemistry's capacity to improve reaction conditions, decrease waste, and increase yields aligns with the industry's aim of maximizing resource utilization and lowering production costs, resulting in a positive market outlook. In line with this, its ability to perform hazardous reactions safely and effectively within limited systems, hence improving worker safety and regulatory compliance, is propelling the industry forward. Furthermore, the utilization of modular and automated flow systems accelerates process development and scalability, allowing new goods to join the market faster. As the chemical industry faces rising sustainability challenges, flow chemistry provides a greener solution by lowering environmental impact through effective resource use and waste minimization, hence contributing to market growth. For instance, Evonik invested in increasing production capacity for isobutene derivatives at its Marl location by 50%. The isobutene part of the C4 production network produces the petrochemical specialties Tertiary Butanol (TBA), Di- isobutene (DiB), and 3,5,5 Trimethylhexanal (TMH). Tertiary Butanol is a unique solvent and tablet coating for the pharmaceutical industry.

Breakup by Region:

North America

United States

Canada

Asia Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance, accounting for the largest flow chemistry market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

The North America flow chemistry market is largely driven by the region's focus on innovation and sustainability. Furthermore, significant product demand from the developing pharmaceutical sector for simplified drug development methods and effective manufacturing techniques is propelling the market growth. Additionally, the increased emphasis on green chemistry, as well as the capabilities of flow chemistry to reduce waste and environmental impact, are driving up demand. Concurrently, the availability of better research institutions in North America, as well as increased collaboration between academia and industry, encourages continuous technological advances, which boosts flow chemistry adoption. Aside from that, regulatory incentives for safer and more efficient operations promote the adoption of continuous flow systems. As businesses in North America seek efficiency, environmental consciousness, and technological advancement, the flow chemistry market will continue to show remarkable growth. For instance, in North America, the United States accounts for the largest share of the revenue generated by global pharmaceutical sales. In 2024, the United States is projected to spend between US$ 605 Billion and US$ 635 Billion on medicines, according to AstraZeneca. It will make the country achieve the highest pharmaceutical spending by far.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key market players in the flow chemistry market include:

AM Technology

Chemtrix BV

Corning Incorporated

Ehrfeld Mikrotechnik GmbH

FutureChemistry Holding B.V.

HEL Ltd.

Lonza Group AG

Milestone Srl

Parr Instruments Company

Syrris Ltd (Asahi Glassplant Inc.)

ThalesNano Inc

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Flow Chemistry Market News:

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.

June 2023: ACI Sciences strengthened its strategic partnership with Vapourtec. With the help of this transaction, ACI Sciences planned to serve as the official distributor of Vapourtec in Southeast Asia. By deploying Vapourtec's groundbreaking continuous flow chemistry systems, scientists can leverage the productivity and precision of experiments while reducing waste and minimizing costs.

June 2023: H.E.L Group expanded its BioXplorer product range with the launch of two new automated parallel bioreactors: BioXplorer 400XL and BioXplorer 400P. These bioreactors are idyllic for cell line/strain screening, small-scale process development, and various research, screening, and optimization investigations in bioprocessing and flow chemistry.

March 2023: Uniqsis unveiled the Solstice multi-position batch photoreactor, which can achieve up to 12 small-scale reactions parallelly. After determining the optimal conditions through parallel reactions, researchers can transition to a continuous flow reactor, such as the Borealis Flow photoreactor, to scale up the process and attain higher throughput.

Key Questions Answered in This Report

• 1. What was the size of the global flow chemistry market in 2023?
• 2. What is the expected growth rate of the global flow chemistry market during 2024-2032?
• 3. What has been the impact of COVID-19 on the global flow chemistry market?
• 4. What are the key factors driving the global flow chemistry market?
• 5. What is the breakup of the global flow chemistry market based on the reactor?
• 6. What is the breakup of the global flow chemistry market based on the application?
• 7. What are the key regions in the global flow chemistry market?
• 8. Who are the key players/companies in the global flow chemistry market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Flow Chemistry Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Reactor

• 6.1 Continuous Stirred Tank Reactor
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Plug Flow Reactor
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Microreactor
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast
• 6.4 Microwave System
  • 6.4.1 Market Trends
  • 6.4.2 Market Forecast
• 6.5 Others
  • 6.5.1 Market Trends
  • 6.5.2 Market Forecast

7 Market Breakup by Application

• 7.1 Pharmaceuticals
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Chemicals
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Academia and Research
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Petrochemicals
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast
• 7.5 Others
  • 7.5.1 Market Trends
  • 7.5.2 Market Forecast

8 Market Breakup by Region

• 8.1 North America
  • 8.1.1 United States
    • 8.1.1.1 Market Trends
    • 8.1.1.2 Market Forecast
  • 8.1.2 Canada
    • 8.1.2.1 Market Trends
    • 8.1.2.2 Market Forecast
• 8.2 Asia-Pacific
  • 8.2.1 China
    • 8.2.1.1 Market Trends
    • 8.2.1.2 Market Forecast
  • 8.2.2 Japan
    • 8.2.2.1 Market Trends
    • 8.2.2.2 Market Forecast
  • 8.2.3 India
    • 8.2.3.1 Market Trends
    • 8.2.3.2 Market Forecast
  • 8.2.4 South Korea
    • 8.2.4.1 Market Trends
    • 8.2.4.2 Market Forecast
  • 8.2.5 Australia
    • 8.2.5.1 Market Trends
    • 8.2.5.2 Market Forecast
  • 8.2.6 Indonesia
    • 8.2.6.1 Market Trends
    • 8.2.6.2 Market Forecast
  • 8.2.7 Others
    • 8.2.7.1 Market Trends
    • 8.2.7.2 Market Forecast
• 8.3 Europe
  • 8.3.1 Germany
    • 8.3.1.1 Market Trends
    • 8.3.1.2 Market Forecast
  • 8.3.2 France
    • 8.3.2.1 Market Trends
    • 8.3.2.2 Market Forecast
  • 8.3.3 United Kingdom
    • 8.3.3.1 Market Trends
    • 8.3.3.2 Market Forecast
  • 8.3.4 Italy
    • 8.3.4.1 Market Trends
    • 8.3.4.2 Market Forecast
  • 8.3.5 Spain
    • 8.3.5.1 Market Trends
    • 8.3.5.2 Market Forecast
  • 8.3.6 Russia
    • 8.3.6.1 Market Trends
    • 8.3.6.2 Market Forecast
  • 8.3.7 Others
    • 8.3.7.1 Market Trends
    • 8.3.7.2 Market Forecast
• 8.4 Latin America
  • 8.4.1 Brazil
    • 8.4.1.1 Market Trends
    • 8.4.1.2 Market Forecast
  • 8.4.2 Mexico
    • 8.4.2.1 Market Trends
    • 8.4.2.2 Market Forecast
  • 8.4.3 Others
    • 8.4.3.1 Market Trends
    • 8.4.3.2 Market Forecast
• 8.5 Middle East and Africa
  • 8.5.1 Market Trends
  • 8.5.2 Market Breakup by Country
  • 8.5.3 Market Forecast

9 SWOT Analysis

• 9.1 Overview
• 9.2 Strengths
• 9.3 Weaknesses
• 9.4 Opportunities
• 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

• 11.1 Overview
• 11.2 Bargaining Power of Buyers
• 11.3 Bargaining Power of Suppliers
• 11.4 Degree of Competition
• 11.5 Threat of New Entrants
• 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

• 13.1 Market Structure
• 13.2 Key Players
• 13.3 Profiles of Key Players
  • 13.3.1 AM Technology
    • 13.3.1.1 Company Overview
    • 13.3.1.2 Product Portfolio
  • 13.3.2 Chemtrix BV
    • 13.3.2.1 Company Overview
    • 13.3.2.2 Product Portfolio
  • 13.3.3 Corning Incorporated
    • 13.3.3.1 Company Overview
    • 13.3.3.2 Product Portfolio
    • 13.3.3.3 Financials
    • 13.3.3.4 SWOT Analysis
  • 13.3.4 Ehrfeld Mikrotechnik GmbH
    • 13.3.4.1 Company Overview
    • 13.3.4.2 Product Portfolio
  • 13.3.5 FutureChemistry Holding B.V.
    • 13.3.5.1 Company Overview
    • 13.3.5.2 Product Portfolio
  • 13.3.6 HEL Ltd.
    • 13.3.6.1 Company Overview
    • 13.3.6.2 Product Portfolio
  • 13.3.7 Lonza Group AG
    • 13.3.7.1 Company Overview
    • 13.3.7.2 Product Portfolio
    • 13.3.7.3 Financials
    • 13.3.7.4 SWOT Analysis
  • 13.3.8 Milestone Srl
    • 13.3.8.1 Company Overview
    • 13.3.8.2 Product Portfolio
  • 13.3.9 Parr Instruments Company
    • 13.3.9.1 Company Overview
    • 13.3.9.2 Product Portfolio
  • 13.3.10 Syrris Ltd (Asahi Glassplant Inc.)
    • 13.3.10.1 Company Overview
    • 13.3.10.2 Product Portfolio
  • 13.3.11 ThalesNano Inc.
    • 13.3.11.1 Company Overview
    • 13.3.11.2 Product Portfolio