According to a new report published by Transparency Market Research based on “Flow Chemistry Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020,” the global flow chemistry market was valued at US$808.6 million in 2013. The report states that the market will expand at a CAGR of 9.5% between 2014 and 2020 and will reach US$1,526.3 million by 2020.
Albany, NY -- (SBWIRE) -- 06/04/2015 -- The report is justified with help of various growth drivers, restraints, and opportunities that analyzes and forecasts the flow chemistry market on a global and regional level. Primarily driven factors such as adoption of sustainable technologies by pharmaceutical and chemical manufacturers and the increasing need to reduce operating costs have been discussed in-depth in this study report.
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The study also provides the historical data of 2013 in addition to the forecast from 2014 to 2020 which are based on revenue (US$ Mn). The qualitative and quantitative data provided in this report has been corroborated by primary and secondary resources.
Press Release: http://www.transparencymarketresearch.com/pressrelease/flow-chemistry-market.htm
In addition, a decisive view on the global flow chemistry market through segmentation analysis including product segment and end-users segment has also been provided in this study report.
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Based on product segments, the market has been classified into microreactor systems (MRT), continuous stirred tank reactor (CSTR), plug flow reactor (PFR) and microwave reactor, among others. While in terms of end-user segment, the market is divided into Pharmaceutical, Chemical, Academic and Industrial Research, Petrochemical and Others (Including polymers, bio-fuels, etc.).
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This market report also covers regional segmentation including current and forecast demand for flow chemistry market in the regions of North America, Europe, Asia Pacific and Rest of the World (RoW). RoW further comprises Latin America, the Middle East and Africa.
About Transparency Market Research
TMR is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR's exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
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