Published: 2019-10-04   Views: 4
Author: surajkumar
Published in: Business
Phase Transfer Catalyst Market Sees Promising Growth| SACHEM Inc., Tokyo Chemical Industry Co., Ltd., Nippon Chemical Industrial Co.

A catalyst that helps in transferring a reactant from one phase to another is called a phase transfer catalyst. Though Ionic reactants are soluble in aqueous phase, but in organic phase, they are insoluble due to the absence of phase transfer catalyst. They are a special form of heterogeneous catalysis. Global phase transfer catalyst market is expected to rise to an estimated value of USD 1.4 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. The rise in the market value can be attributed to the increasing awareness related to health and growth in pharmaceuticals industry. Top Manufacturers Covered in the Report: SACHEM Inc., Tokyo Chemical Industry Co., Ltd., Nippon Chemical Industrial Co., Ltd., Dishman Group, Tatva Chintan Pharma Chem Pvt. Ltd., Pacific Organics Private Limited and Volant-Chem Corp among others.

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Segmentation: Global Phase Transfer Catalyst Market

  • Global Phase Transfer Catalyst Market By Type (Ammonium Salts, Phosphonium Salts, Crown Ether, Cryptand)
  • End-User (Pharmaceuticals, Agrochemicals, Others)
  • Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Key Development in the Market:

In March 2019, Alfa Chemistry launched a new subsite for promoting various catalyst. The new site will include various ranges of catalysts provided by the company that are used for different purposes. This initiative will help the customers to find their suitable product in an easy manner

Competitive Analysis:

Global phase transfer catalyst market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of phase transfer catalyst market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Market Drivers:

  • Increasing awareness related to health will lead to high demand for medicines & hospitals which  is expected to drive the market in the forecast period
  • Increased growth in pharmaceutical industry  will also propel the market growth
  • Scope for vertical and backward integration is boosting the market growth

 Market Restraints:

  • Technological advancements in chemical synthesis to reduce catalyst consumption  which is expected to restrain the market in the forecast period
  • Availability of low-cost industrial catalysts, will also hamper the growth of the market

Reasons to Purchase this Report

  • Current and future of global Phase Transfer Catalyst Market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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