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Flow Chemistry Market worth $2.9 billion by 2028 | Key players Thermo Fisher Scientific Inc (US), Corning Incorporated (US), Lonza (Switzerland), PerkinElmer Inc (US), and Biotage (Sweden).

02-27-2024 08:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Flow Chemistry Market, Flow Chemistry, APAC Flow Chemistry Market, Europe Flow Chemistry Market, Chemistry Market

Flow Chemistry Market, Flow Chemistry, APAC Flow Chemistry Market, Europe Flow Chemistry Market, Chemistry Market

According to recent market research the "Flow Chemistry Market by reactor (Tabular Reactors, Microreactors, Oscillatory Flow Rectors, Droplet-Based Reactors, Photochemical Reactors), Purification Method (Chromatography, Liquid-Liquid Extraction), Application, & Region - Global Forecast 2028", The Flow chemistry market is expected to grow at a CAGR of 10.4% during the forecast period, from an estimated USD 1.7 billion in 2023 to USD 2.9 billion by 2028. Rapid Growth in the Global Pharmaceutical Industry, Increasing Demand for Greener and more sustainable chemical production will drive the flow chemistry market.

Browse 230 market data Tables and 51 Figures spread through 212 Pages and in-depth TOC on "Flow Chemistry Market - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/flow-chemistry-market-1316.html

The pharmaceutical synthesis segment is expected to be the most significant in the flow chemistry market during the forecast period due to the high demand for efficient manufacturing processes, scalability, improved safety, the complexity of pharmaceutical molecules, and sustainability requirements in the pharmaceutical industry. Stringent regulations and the need for sustainable practices in the pharmaceutical industry further contribute to the significance of pharmaceutical synthesis in the flow chemistry market.

The microreactor segment is anticipated to be the fastest-growing flow chemistry segment by reactor during the forecast period, due to the pharmaceutical industry, which is a significant consumer of flow chemistry, is increasingly adopting microreactors for drug synthesis and production. The pharmaceutical industry often requires the synthesis of complex molecules and the optimization of reaction conditions to achieve high purity and yield. Microreactors facilitate the synthesis of pharmaceutical intermediates and active pharmaceutical ingredients (APIs) by providing excellent control over reaction parameters, enhancing productivity, and enabling rapid process optimization.

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Asia Pacific region is experiencing the largest market share in the flow chemistry market due to the region has been witnessing significant economic growth and industrial development in countries such as China, India, Japan, South Korea, and Singapore. Asia Pacific region is home to many pharmaceutical, chemical, and petrochemical companies, which are major consumers of flow chemistry systems.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the flow chemistry market. These include Thermo Fisher Scientific Inc (US), Corning Incorporated (US), Lonza (Switzerland), PerkinElmer Inc (US), and Biotage (Sweden).

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1316

Corning Incorporated (US) is a materials science innovator. Corning has been developing category-defining products that alter industries and improve people's lives for more than 170 years, combining unrivaled expertise in glass science, ceramic science, and optical physics with deep production and engineering capabilities. Corning's Life Sciences sector, which has been a major creator, manufacturer, and global supplier of laboratory goods for over 100 years, works with researchers and medication manufacturers to boost efficiencies, reduce costs, and shorten timeframes. The division provides new solutions that boost productivity and enable breakthrough research by leveraging its unique knowledge in the domains of materials science, polymer surface science, cell culture, and biology. Globally, the items are marketed to pharmaceutical and biotechnology businesses, academic institutions, hospitals, government entities, and other facilities, largely through distributors. Corning manufactures these items in the United States in Illinois, Maine, Massachusetts, New York, North Carolina, Utah, and Virginia, as well as in China, France, Mexico, and Poland, and outside the United States in China, France, Mexico, and Poland.

PerkinElmer Inc. (US) is a multinational firm that produces innovative solutions for diagnostics, life sciences, and application sectors. The company provides a diverse range of products and services that appeal to industries such as pharmaceuticals, biotechnology, environmental, food, and beverage, among others. PerkinElmer has a broad geographic presence, with operations in over 150 countries globally. The company has a global sales and service network, with over 12,000 personnel working in various locations such as North America, Europe, Asia Pacific, and Latin America. PerkinElmer maintains a strong focus on innovation and has made major expenditures in research and development, with a portfolio of over 13,000 patents and patent applications globally. The company is known for creating cutting-edge technologies and solutions that assist customers to enhance their productivity, efficiency, and profitability. PerkinElmer is a significant player in the flow chemistry market, offering a wide range of goods and services for flow chemistry applications, including instruments, consumables, software, and services.

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