Description
Market Synopsis of Global Micro Reactor Technology Market
Micro reactors are the continuous flow reactors of micro scale, which provide high surface area in small volume reactions. Such reactors provide added advantage of efficient and uniform heat transfer for the micro scale reactions. Micro reactors are fabricated using lightweight, non-reactive materials such as ceramics, glass and plastics. Owing to increasing application possibility, more innovative plastics are being used for the fabrication. The technology is used for chemical synthesis, polymer synthesis, process synthesis, and material analysis in various end use industries. The end use industries include high value low volume industries such as specialty chemicals, pharmaceuticals, commodity chemicals among others. Among these industries, specialty chemical and pharmaceutical industries are the major end use industries accounting for prominent market share in the overall market. Specialty chemicals owing to its high value low volume nature is the leading end use industry for micro reactor technology market, followed by pharmaceutical industry.
The global micro reactor technology market is estimated to be influenced by various factors which include bolstering growth of specialty chemicals market across the globe, consistent pharmaceutical industry growth in various regions. The global specialty chemical industry, leading end-use industry is estimated to be valued at USD 559.0 Bn in 2015. North America and China are the major specialty chemical producing regions accounting for cumulative share around 50% in the global specialty chemical industry. Thus, North America and China are the prominent markets for micro reactor technology. Moreover, Nano pharmaceutics entices application of micro reactor technology in pharmaceutical. Growth of the Nano-pharmaceutics industry will further boost the market growth. Apart from these factors, global micro reactor technology market is driven by increasing demand of 3-d printed micro reactor, increasing regulations and rising safety concerns in chemical industry. However, high coat and high time to market, and limited manufacturing capabilities are marginally hampering the market growth. According to MRFR analysis, the global micro reactor technology market was valued at is expected to reach USD 1,08,927.1 million by 2022 expanding with a CAGR of 19.05% over the forecast period.
Global Micro Reactor Technology Market Share (2015), By End Use
Among the various end use industries namely, specialty chemicals, pharmaceutical, commodity chemicals, specialty chemicals and pharmaceutical accounted for more than 75% in overall sales in 2015. Among these end use industries, specialty chemicals is estimated to be the leading end use industry, owing to its high value low volume nature. The segment is estimated to reach USD 64,257 million by 2022 end, expanding at a CAGR of 20.53% over the forecast period.
Market Segmentation
The global micro reactor technology market is segmented into types, applications and end use industries. Based on type, the market is segmented into disposable and reusable. Whereas based on application, market is segmented into chemical synthesis, polymer synthesis, process analysis, material analysis and others. On the basis of end use industry, the market is segmented as specialty chemicals, pharmaceuticals, commodity chemicals and others. Among these segments, specialty chemicals and pharmaceuticals are estimated to witness highest growth rates across all the regions.
Key Findings
Global micro reactor technology market is projected to reach USD 108,927.1 million by 2022 with 19.05% CAGR during review period of 2016-2022 owing to various factor such as increasing demand of 3-D printed micro reactors, growing Nano pharmaceutics market, and rising stringency if safety regulations in chemical industry. Among all the regions, North America accounted for the highest market share. This is attributed to the highest value share of the region in global specialty chemicals market in 2015. Moreover, the disposable type is observed to be the prominent type of micro reactors. In terms of volume, overall demand of disposable micro reactors in 2022 is anticipated to be pegged at 8.638 Mn units. In addition to this, specialty chemicals is anticipated to be the high value, high growth segment among all end use industries.
Key Market Players
The key players in global micro reactor technology market report include AM Technology, Little Things Factory, Microinnova Engineering GmbH, Thaletec GmbH, Vapourtec Ltd, Ehrfeld Mikrotechnik BTS, Uniqsis Ltd, Chemtrix Ltd and others.
Target Audience
• Micro reactor technology producers
• Traders and distributors
• Association and government bodies.
• Application industries
• Research institute
Geographical Analysis
The report covers brief analysis of geographical region such as:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o U.K.
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
• Middle East & Africa
The report for Global Micro Reactor Technology Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
DC Description
• Microreactor
• Flow Chemistry
• Chemical Reactor
• Glass Reactor
• Microreactor Design
Table of Contents
1 Report Prologue 10
2 Market Introduction 11
2.1 Definition 11
2.1.1 Scope of the Study 11
2.1.2 Research Objectives 11
2.1.3 Assumptions 11
2.1.4 Limitations 12
2.2 Markets Structure 12
3 Research Methodology 13
3.1 Research Process 13
3.2 Primary Research 14
3.3 Secondary Research 14
3.4 Market Size Estimation 15
3.5 Forecast Model 16
4 Market Dynamics 17
4.1 Drivers 17
4.1.1 Increasing demand of 3-D printed Micro Reactor owing to its relative affordability and high designing capability is anticipated to drive the market demand over the forecast period 17
4.1.2 Growing Nano pharmaceutics market driving MRT application in pharmaceuticals industry 17
4.1.3 Increasing regulations and rising safety concerns in chemical industry affecting the micro reactor technology market in a constructive manner 18
4.2 Restraints 18
4.2.1 High cost and high time to market required for MRT hampering the market growth 18
4.2.2 Limited manufacturing capabilities of MRT restraining market growth in commodity chemical end-use industry 18
4.3 Market Trends 19
4.3.1 Innovative materials being used in micro reactors 19
4.4 Opportunity 19
4.4.1 Commodity chemicals industry offers lucrative opportunity to the micro reactor technology market 19
5 Market Factor Analysis 20
5.1 Supply Chain Analysis 20
5.1.1 Raw Material Suppliers 20
5.1.2 Micro Reactor Technology Producers 21
5.1.3 Micro Reactor Technology Distributors 21
5.1.4 Micro Reactor Technology End Users 21
5.2 Porter’s 5 Forces Analysis 22
5.2.1 Threat of New Entrants 22
5.2.2 Bargaining Power of Supplier 23
5.2.3 Threat of Substitute 23
5.2.4 Bargaining Power of Buyers 23
5.2.5 Rivalry 24
6 Global Micro Reactor Technology Market, By Type 25
6.1 Introduction 25
6.2 Disposable 26
6.3 Reusable 27
7 Global Micro Reactor Technology Market, By Application 28
7.1 Introduction 28
7.2 Chemical Synthesis 29
7.3 Polymer Synthesis 30
7.4 Process Analysis 31
7.5 Material Analysis 32
7.6 Others 33
8 Global Micro Reactor Technology Market, By End Use 34
8.1 Introduction 34
8.2 Specialty Chemicals 35
8.3 Pharmaceuticals 36
8.4 Commodity Chemicals 37
8.5 Others 39
9 Global Micro Reactor Technology Market, By Region 40
9.1 Introduction 40
9.2 North America 41
9.2.1 US 42
9.2.2 Canada 44
9.3 Europe 46
9.3.1 Germany 48
9.3.2 UK 49
9.3.3 France 51
9.3.4 Italy 52
9.3.5 Rest of Europe 54
9.4 Asia-Pacific 56
9.4.1 China 58
9.4.2 Japan 59
9.4.3 India 61
9.4.4 Rest of Asia-Pacific 62
9.5 Latin America 64
9.6 Middle East & Africa 65
10 Competitive Landscape 67
10.1 Introduction: Key Players 67
10.2 Collaboration 68
10.3 Expansion 69
10.4 Product Launch 70
10.5 Major Consumers, By End User 71
11 Key Players 73
11.1 AM Technology 73
11.1.1 Company Overview 73
11.1.2 Product/Business Segment Overview 74
11.1.3 Financial Updates 74
11.2 Little Things Factory 75
11.2.1 Company Overview 75
11.2.2 Product/Business Segment Overview 76
11.2.3 Financial Updates 76
11.2.4 Key Developments 76
11.3 Microinnova Engineering GmbH 77
11.3.1 Company Overview 77
11.3.2 Product/Business Segment Overview 77
11.3.3 Financial Updates 77
11.4 Thaletec GmbH 78
11.4.1 Company Overview 78
11.4.2 Product/Business Segment Overview 78
11.5 Vapourtec Ltd 79
11.5.1 Company Overview 79
11.5.2 Product/Business Segment Overview 79
11.5.3 Financial Updates 80
11.5.4 Key Developments 80
11.6 Ehrfeld Mikrotechnik BTS 81
11.6.1 Company Overview 81
11.6.2 Product/Business Segment Overview 81
11.6.3 Financial Updates 82
11.6.4 Key Developments 82
11.7 Uniqsis Ltd 83
11.7.1 Company Profile 83
11.7.2 Product/Business Segment Overview 83
11.7.3 Financial Updates 84
11.7.4 Key Developments 84
11.8 Chemtrix Ltd 85
11.8.1 Company Overview 85
11.8.2 Product/Business Segment Overview 85
11.8.3 Financial Updates 85
11.8.4 Key Developments 86
12 Conclusion 87
List of Tables
TABLE 1 GLOBAL MICRO REACTOR TECHNOLOGY MARKET, BY TYPE, 2014-2022 (USD MILLION) 25
TABLE 2 GLOBAL DISPOSABLE MARKET FOR MICRO-REACTOR TECHNOLOGY, BY REGION, 2014-2022 (USD MILLION) 26
TABLE 3 GLOBAL REUSABLE MARKET FOR MICRO-REACTOR TECHNOLOGY, BY REGION, 2014-2022 (USD MILLION) 27
TABLE 4 GLOBAL MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 28
TABLE 5 GLOBAL CHEMICAL SYNTHESIS MARKET FOR MICRO REACTOR TECHNOLOGY, BY APPLICATION, 2014-2022 (USD MILLION) 29
TABLE 6 GLOBAL POLYMER SYNTHESIS MARKET FOR MICRO REACTOR TECHNOLOGY, BY APPLICATION, 2014-2022 (USD MILLION) 30
TABLE 7 GLOBAL PROCESS ANALYSIS MARKET FOR MICRO REACTOR TECHNOLOGY, BY APPLICATION, 2014-2022 (USD MILLION) 31
TABLE 8 GLOBAL MATERIAL ANALYSIS MARKET FOR MICRO REACTOR TECHNOLOGY, BY APPLICATION, 2014-2022 (USD MILLION) 32
TABLE 9 GLOBAL OTHERS MARKET FOR MICRO REACTOR TECHNOLOGY, BY APPLICATION, 2014-2022 (USD MILLION) 33
TABLE 10 GLOBAL MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 35
TABLE 11 GLOBAL SPECIALTY CHEMICALS MARKET FOR MICRO REACTOR TECHNOLOGY, BY END USE, 2014-2022 (USD MILLION) 36
TABLE 12 GLOBAL PHARMACEUTICALS MARKET FOR MICRO REACTOR TECHNOLOGY, BY END USE, 2014-2022 (USD MILLION) 37
TABLE 13 GLOBAL COMMODITY CHEMICALS MARKET FOR MICRO REACTOR TECHNOLOGY, BY END USE, 2014-2022 (USD MILLION) 38
TABLE 14 GLOBAL OTHERS MARKET FOR MICRO REACTOR TECHNOLOGY, BY END USE, 2014-2022 (USD MILLION) 39
TABLE 15 GLOBAL MICRO REACTOR TECHNOLOGY MARKET, BY REGION, 2014-2022 (USD MILLION) 40
TABLE 16 NORTH AMERICA MICRO REACTOR TECHNOLOGY MARKET, BY COUNTRY, 2014-2022 (USD MILLION) 41
TABLE 17 NORTH AMERICA MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 41
TABLE 18 NORTH AMERICA MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 42
TABLE 19 NORTH AMERICA MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 42
TABLE 20 US MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 43
TABLE 21 US MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 43
TABLE 22 US MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 44
TABLE 23 CANADA MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 44
TABLE 24 CANADA MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 45
TABLE 25 CANADA MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 45
TABLE 26 EUROPE MICRO REACTOR TECHNOLOGY MARKET, BY COUNTRY, 2014-2022 (USD MILLION) 46
TABLE 27 EUROPE MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 46
TABLE 28 EUROPE MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 47
TABLE 29 EUROPE MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 47
TABLE 30 GERMANY MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 48
TABLE 31 GERMANY MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 48
TABLE 32 GERMANY MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 49
TABLE 33 UK MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 49
TABLE 34 UK MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 50
TABLE 35 UK MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 50
TABLE 36 FRANCE MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 51
TABLE 37 FRANCE MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 51
TABLE 38 FRANCE MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 52
TABLE 39 ITALY MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 52
TABLE 40 ITALY MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 53
TABLE 41 ITALY MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 53
TABLE 42 REST OF EUROPE MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 54
TABLE 43 REST OF EUROPE MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 54
TABLE 44 REST OF EUROPE MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 55
TABLE 45 ASIA-PACIFIC MICRO REACTOR TECHNOLOGY MARKET, BY COUNTRY, 2014-2022 (USD MILLION) 56
TABLE 46 ASIA-PACIFIC MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 56
TABLE 47 ASIA-PACIFIC MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 57
TABLE 48 ASIA-PACIFIC MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 57
TABLE 49 CHINA MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 58
TABLE 50 CHINA MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 58
TABLE 51 CHINA MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 59
TABLE 52 JAPAN MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 59
TABLE 53 JAPAN MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 60
TABLE 54 JAPAN MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 60
TABLE 55 INDIA MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 61
TABLE 56 INDIA MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 61
TABLE 57 INDIA MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 62
TABLE 58 REST OF ASIA-PACIFIC MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 62
TABLE 59 REST OF ASIA-PACIFIC MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 63
TABLE 60 REST OF ASIA-PACIFIC MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 63
TABLE 61 LATIN AMERICA MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 64
TABLE 62 LATIN AMERICA MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 64
TABLE 63 LATIN AMERICA MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 65
TABLE 64 MIDDLE EAST & AFRICA MICRO REACTOR TECHNOLOGY MARKET, BY TYPE 2014-2022 (USD MILLION) 65
TABLE 65 MIDDLE EAST & AFRICA MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 66
TABLE 66 MIDDLE EAST & AFRICA MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 66
TABLE 67 COLLABORATION: 2012,2017 68
TABLE 68 EXPANSION: 2012,2017 69TABLE 69 PRODUCT LAUNCH, 2012-2017 70
TABLE 70 LIST OF MAJOR CONSUMERS – PHARMACEUTICALS 71
TABLE 71 LIST OF MAJOR CONSUMERS – SPECILATY CHEMICALS 72
List of Figures
FIGURE 1 GLOBAL MICRO REACTOR TECHNOLOGY MARKET OUTLOOK (2015-2022) 10
FIGURE 2 MRFR RESEARCH PROCESS 13
FIGURE 3 TOP DOWN & BOTTOM DOWN APPROACH 15
FIGURE 4 SUPPLY CHAIN ANALYSIS OF GLOBAL MICRO REACTOR TECHNOLOGY MARKET 20
FIGURE 5 PORTER’S 5 FORCES ANALYSIS OF GLOBAL MICRO REACTOR TECHNOLOGY MARKET 22
FIGURE 6 GLOBAL MICRO REACTOR TECHNOLOGY MARKET, BY TYPE, 2014-2022 (USD MILLION) 25
FIGURE 7 GLOBAL MICRO REACTOR TECHNOLOGY MARKET, BY APPLICATION, 2014-2022 (USD MILLION) 28
FIGURE 8 GLOBAL MICRO REACTOR TECHNOLOGY MARKET, BY END USE, 2014-2022 (USD MILLION) 34
FIGURE 9 GLOBAL MARKET SHARE FOR MICRO REACTOR TECHNOLOGY MARKET, BY REGION IN 2015 40
FIGURE 10 COLLABORATION WAS THE KEY GROWTH STARTERGY ADOPTED BY MICRO REACTORS TECHNOLOGY PLAYERS, 2012-2017 67
FIGURE 11 COLLABORATION: THE MAJOR STRATERGY ADOPTED BY, CHEMTRIX LTD, 2012-2017 68
FIGURE 12 GLOBAL MICRO REACTOR TECHNOLOGY MARKET SHARE, BY REGION (2016-2022) 88
