Imperial College London And Chemical Company Basf Have Partnered For Flow Chemistry Market

Flow Chemistry Market

 Expansion of the chemical industry due to growing investment and increasing production of chemicals around the globe is a key factor propelling the growth of the flow chemistry market. According to the Cefic Facts & Figures 2020, global chemicals turnover was valued at €3,347 billion in 2018 and sales grew by 2.5% from €3,266 billion in 2017 to €3,347 billion in 2018. Thus, growth in the chemical industry is propelling the market growth of flow chemistry. The growing need for sustainable and eco-friendly chemical production processes is also driving the growth of the flow chemistry market. Moreover, increasing adoption of flow chemistry in the manufacturing of biofuels, nanoparticles, and bulk chemicals is further anticipated to augment the growth of the flow chemistry market in the near future.

Inflow chemistry, a continuous chemical reaction is conducted in a constantly moving flow instead of in batch production. Basically, chemicals are moved from a lower region to a higher region, where they join each other and undergo a reaction. When these reactions take place, chemical energy is released as a byproduct, giving rise to various chemical properties such as heat, vapor pressure, or density. 

North America is expected to dominate the global market and this is attributed to the growing application across academic, pharmaceutical, and educational areas. Also, the region is accounted for the largest market for the pharmaceutical industry. According to the Pharmapproach Limited, in 2019, the United States remained the world's largest single pharmaceutical market, generating more than $490 billion of revenue. Despite being only a 0.2% increase from the previous fiscal year, the United States market accounted for 48 percent of the global pharmaceutical market.


Key Developments:

    1. In April 2017, Ajinomoto OmniChem, an innovative provider of small molecule API, contract development, and manufacturing services announced the successful completion of a commercial-scale manufacturing campaign that involved adapting a traditional multi-step batch process into a continuous flow chemistry platform

    2. In June 2020, Imperial College London and chemical company BASF have entered into a partnership to develop flow chemistry, an innovative approach to chemical production

    3. In June 2020, Seqens CDMO has announced plans to enhance flow chemistry capabilities at its Seqens'Lab R&D center for the efficient and safe synthesis of active pharmaceutical ingredients (APIs) and intermediates

    4. In October 2020, Minakem, a European CDMO for active ingredients in the pharmaceutical industry announces its award of the 2020 Pierre Potier prize for the continuous flow chemistry process is developed to produce a special bio-sourced solvent that repurposes plant waste, notably corn stalk or sugar cane residue

Location: India

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