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Microreactor Technology Market Analysis 2021-2028 : Microinnova Engineering GmbH, Vapourtec Ltd, Uniqsis Ltd, Ehrfeld Mikrotechnik BTS

  Overview: The microreactor technology market is cruising ahead as the utility of microreactors is gaining precedence in the chemical industry. Microreactor, also known as microstructured reactor or microchannel reactor, where chemical reactions happen in a lateral channel below 1mm and confinement. A part of the microprocessor engineering, microreactors acts like a continuous flow reactor and improves energy efficiency and reaction speed of the test. The reactor is safe and reliable, and its scalability, ability to produce on-demand, and skill to deliver better process control. The global microreactor technology market can witness a significant rise in the valuation during the forecast period (2016-2022). From USD 32,456 million in 2015 to an impressive USD 1,08,927.1 million by 2022, the microreactor technology market’s valuation can grow with a 19.05% CAGR over the review period. Market Research Future (MRFR) in their recently published article on the market included segmental anal