Press Release
Press Release
Flow chemistry technique is being extensively followed by chemical and pharmaceutical industries owing to inherent increased safety, improved product quality, and flexibility in the process. As technology advances with increased investments from the government and private entities, reactor manufacturing is gradually becoming equipped with the latest developments, robustly driving the market growth of flow chemistry. With the rise of additive manufacturing, manufacturers can practice enhanced freedom and significantly reduce production costs while contributing to green production methods. Innovative, custom designs enable cost-effective manufacturing and better designs that boost productivity, thereby stimulating overall market growth. In addition, research regarding the integration of Artificial Intelligence (AI) and Machine Learning (ML) systems in flow chemistry reactors to achieve desirable results is another factor contributing to the market growth of flow chemistry.
The market is being forwarded by product innovations by industry key players, such as CEM Corporation (NYSE: CEM) and Syriss Ltd. The latter company has recently announced its new product under the Asia range, Asia Photochemistry Reactor, in March 2021. The reactor's modular, flexible, scalable structure allows easy accessibility to modern photochemistry techniques without the limitations of the traditional batch technique. The Asia Photochemistry Reactor opens a wide range of photochemistry applications in various sectors, including pharmaceuticals, agrochemicals, and academic institutions. The reactor is equipped with high-powered LED modules to provide a variety of wavelengths. The product is further designed to offer adjustable light intensities to help control reaction time and enhance productivity. Such innovations in the flow chemistry technique that offer flexibility and ease of operation contribute to the industry growth.
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The major players in the global flow chemistry market are Biotage AB, AM Technology, CEM Corporation, Milestone S.r.l, and Syrris Ltd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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