CSTR Reactor Type to Dominate United States Flow Chemistry Market Through 2025
Increasing demand for energy
saving devices and rising investments by reactor manufacturers to propel the
growth of United States flow chemistry market during forecast period
According to
TechSci Research report, “United
States Flow Chemistry Market By Application, By Reactor Type, Competition, Forecast & Opportunities, 2025” the United States flow chemistry market is projected to grow
at a formidable CAGR during the forecast period on account of increasing investments
by reactor manufacturers and end users in the application industry. Moreover,
use of this technique has turned numerous chemical processes to be more safe, efficient,
faster, cheaper and cleaner, which is expected to bolster the demand for flow
chemistry, and in turn drive the market growth in the country over the coming
years. Furthermore, flow chemistry reduces the energy and solvent waste by more
than 90% and delivers high yield, which is anticipated to have a positive
influence on the growth of United States flow chemistry market during the
coming years. Additionally, rising bulk chemical production is further projected
to give a healthy push to the United States flow chemistry market through 2025.
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The United
States flow chemistry market is segmented based on application, reactor type, region and
company. In terms of reactor type, the market can be segmented into continuous
stirred tank reactors (CSTR), plug flow reactor, microreactor, microwave
systems and others. Out of which, continuous stirred tank reactors dominated
the market until 2019 and are further projected to maintain their dominance
over the forecast period as well, which can be attributed to these reactors being
compatible for various reaction phases such as liquid, gas-liquid, and
solid-liquid phase, leading to their high adoption in chemical industries. Moreover,
microreactors are anticipated to register highest CAGR through 2025 owing to
rapid adoption of such reactors in pharmaceutical and fine chemicals because
they need comparatively less space along with low capital investment. Additionally,
they offer safe processing conditions for highly toxic and reactive reactions,
which is anticipated to propel the segment growth in the years to come.
Parr Instrument
Company, PDC Machines Inc, Corning Incorporated, Syrris Ltd, Vapourtec Ltd and
ThalesNano Inc. and others are some of the leading players operating in United
States flow chemistry market.
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“The United States
flow chemistry market is projected to witness rapid growth over the coming
years owing to high pharmaceutical and chemical manufacturing in the country along
with increasing investments by the petrochemical manufacturers. Also, implementation
of stringent policies by the US government regarding environmental pollution is
expected to propel the demand for utilization of efficient and green
technologies in the economy, which is in turn projected to fuel the growth of United
States flow chemistry market.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“United States Flow Chemistry Market By
Application, By Reactor Type, Competition, Forecast
& Opportunities, 2025” has evaluated
the future growth potential of United States flow chemistry market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in United States flow chemistry market.
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