UAE Flow Chemistry Market Size & Outlook, 2022-2030
UAE flow chemistry market, 2018-2030 (US$M)
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UAE flow chemistry market highlights
- The UAE flow chemistry market generated a revenue of USD 13.0 million in 2022 and is expected to reach USD 23.3 million by 2030.
- The UAE market is expected to grow at a CAGR of 7.6% from 2023 to 2030.
- In terms of segment, plug flow reactor was the largest revenue generating product in 2022.
- Microreactor is the most lucrative product segment registering the fastest growth during the forecast period.
Flow chemistry market data book summary
| Market revenue in 2022 | USD 13.0 million |
| Market revenue in 2030 | USD 23.3 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Plug flow reactor |
| Fastest growing segment | Microreactor |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CSTR, Plug Flow Reactor, Microreactor, Microwave System |
| Key market players worldwide | Amkor Technology Inc, Asahi Group Holdings Ltd, Mettler-Toledo International Inc, Thales Group, Unisys Corp, Corning Inc, Parr Instrument Company, Dalton Pharma Services |
Other key industry trends
- In terms of revenue, UAE accounted for 0.8% of the global flow chemistry market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia flow chemistry market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 32.0 million by 2030.
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Flow Chemistry Market Scope
Flow Chemistry Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UAE flow chemistry market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flow chemistry market will help companies and investors design strategic landscapes.
Plug flow reactor was the largest segment with a revenue share of 38.46% in 2022. Horizon Databook has segmented the UAE flow chemistry market based on cstr, plug flow reactor, microreactor, microwave system covering the revenue growth of each sub-segment from 2018 to 2030.
In light of the global shift toward renewable energy sources, oil-rich economies of the Middle East have been exploring alternative opportunities to diversify their income sources. This has led to the growth of petrochemical & chemical industries, which is one of the most lucrative industries in the world.
Significant increase in demand for flow chemistry reactors across the UAE can be closely linked to the improving prospects and status of the regional oil & gas industry, which is witnessing an increasing diversification toward related end-use industries such as petrochemical & chemical.
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Target buyers of UAE flow chemistry market databook
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Our clientele includes a mix of flow chemistry market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE flow chemistry market , including forecasts for subscribers. This country databook contains high-level insights into UAE flow chemistry market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE flow chemistry market size, by product, 2018-2030 (US$M)
UAE Flow Chemistry Market Outlook Share, 2022 & 2030 (US$M)
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