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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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
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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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
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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