Microreactors are continuous reactors with extremely small physical size. These configurations are used to enhance the surface-to-volume ratio hence to improve heat transfer and increase selectivity. The microreactor technology has attracted a great deal of attention as an enabling tool for novel reaction development and scale-up.
Due to COVID-19 pandemic, the global Microreactor Technology market size is estimated to be worth US$ 344.6 million in 2021 and is forecast to a readjusted size of USD 1012.9 million by 2028 with a CAGR of 16.7% during review period.
This is evidenced by the many big names in chemistry and pharma that have openly placed their trust in Microreactor Technology, including CPC, DSM, sanofi aventis, 3M and ROCHE.