Flow Chemistry Market Surges, Anticipated to Cross .9 Billion Mark by 2028, Fueled by Green Chemical Synthesis
Posted by Jack Martin on September 18th, 2023
The global flow chemistry market is poised for remarkable growth, driven by the growing demand for sustainable and efficient chemical processes across various industries. The market, which is experiencing a surge in interest from pharmaceutical, chemical, and petrochemical sectors, is expected to witness substantial expansion in the coming years.
Flow chemistry, also known as continuous flow chemistry, represents a transformative approach to chemical synthesis. Unlike traditional batch processes, flow chemistry involves the continuous flow of reactants through a reactor, offering several advantages such as enhanced safety, better control overreactions, and reduced environmental impact.
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Key Market Trends and Drivers:
The flow chemistry market is witnessing substantial growth across North America, Europe, Asia-Pacific, and other regions. North America, led by the United States, dominates the market due to the presence of numerous pharmaceutical and chemical companies investing in flow chemistry technologies. Meanwhile, Asia-Pacific is experiencing rapid adoption, driven by the region's burgeoning pharmaceutical and chemical sectors.
Prominent players in the flow chemistry market include Thermo Fisher Scientific Inc (US), Corning Incorporated (US), Lonza (Switzerland), PerkinElmer Inc (US), and Biotage (Sweden). These companies are actively engaged in product development, strategic partnerships, and acquisitions to gain a competitive edge.
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About the AuthorJack Martin
Joined: August 7th, 2017
Articles Posted: 1,106
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