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Cost Effective Strategic Solution of Flow Chemistry
The MRT systems market is growing rapidly due to its unmatched potential in energy savings, efficiency in operation, fast and safe process and sustainable production. As the energy prices are growing rapidly, MRT systems offer a cost effective strategic solution to bring economies of scale as well as maintain profitability. Researchers have believed that almost 30% of the total chemicals manufactured globally can be processed effectively by using MRT technology.
Currently the main applications of MRT systems are in small scale or lab scale manufacturing of chemicals and pharmaceuticals. Recently these systems are finding new opportunities in perfume and fragrance manufacturing, bio fuels, explosive manufacturing and nano particles production. Also some opportunities exist in the food and beverage industry. The Middle East is home to some of the world’s largest petrochemicals, chemicals as well as food and beverage industries. Currently majority of companies in the Middle East are relying on batch techniques for production. But over the coming years as market progresses and new laws related to energy conservation arise; players will look for continuous production techniques. Major MRT and other device manufacturing have turned their attention towards other industries apart from pharmaceuticals and chemicals to tap the opportunity. IMM (Germany), one of the leading players in the MRT market has developing fuels processing systems with help of microstructured heat exchangers to recharge automatic batteries. Chemtrix (Netherlands) & DSM (Netherlands) have jointly collaborated to develop advanced MRT systems for chemicals and pharmaceuticals industry.
To compete efficiently in the market, Chemtrix has added a new distributor in India to maintain a transparent and healthy supply chain thus increasing the market share in Asia Pacific region.
Flow Chemistry Market by Reactor Type (CSTR, Plug Flow Reactor, Microreactor, Microwave System), Application & Geography - Trends & Forecast to 2018
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