Imperial College London And Chemical Company Basf Have Partnered For 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 highe...