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
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
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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