Global Phase Transfer Catalyst Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at 5.3% through 2020 to 2026, reaching nearly US$ XX Mn in the forecast period.
The global Phase Transfer Catalyst Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Phase Transfer Catalyst Market report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Phase Transfer Catalyst Market Overview:
A phase-transfer catalyst or PTC is a reagent that enables the transfer of a reactant from one phase into another phase where the reaction takes place. Phase-transfer catalysis is a form of heterogeneous catalysis carried out in two different phases. Ionic reactants are more soluble in an aqueous phase and are insoluble in an organic phase owed to the absence of the phase-transfer catalyst in the region.
The catalyst has detergent property for solubilizing the salts into the organic phase. Phase-transfer catalysis is mainly used to motivate the reaction on the addition of the phase-transfer catalyst.
Global Phase Transfer Catalyst Market Dynamics:
The phase transfer catalyst market was valued at USD 965 million in 2019 is estimated to grow at a CAGR of 5.3% in the forecast period. Phase transfer catalyst is widely used in exploited industrially. Polyesters for example are prepared from acyl chloride and bisphenol-A. Phosphothionate-based pesticides are generally by Phase transfer catalyst alkylation of phosphorothioate. Multifaceted application of Phase transfer catalyst contains asymmetric alkylation, and that are catalyzed by chiral quaternary ammonium salt derived from cinchona alkaloids.
The special feature of phase transfer catalysis and its application in the pharmaceutical industry
The special feature of phase transfer catalysis and its application in the pharmaceutical industry are driving the market. Phase transfer catalyst is a common methodology for alkylation of a large variety of organic anions derived from OH, NH, SH etc. acids, and most carbanions of nitriles, esters, ketones, sulfones, acidic hydrocarbons and many others. For hydrolyzable compounds of higher CH acidity such as alkyl cyanoacetates, malonates, acetoacetates etc. In a liquid-solid Phase transfer catalyst system, anhydrous potassium carbonate is used as a base, to gain better outcomes.
Phase transfer catalyst is also used in the application of synthesis of the biologically active compound like Synthesis of Sibenadet hydrochloride a potent drug used for the treatment of chronic obstructive pulmonary disease, includes O-alkylation process carried out on about one hundred kilogram scale in PTC system intermediate in the synthesis of phosphodiesterase IV isoenzyme inhibitor PDA-641, used for the treatment of asthma, inflammatory disorders and depression was prepared on a large scale by O-alkylation of isovanillin with cyclopentyl bromide in liquid-solid PTC system.
Global Phase Transfer Catalyst Market Segment Analysis:
By Type, the segment is bifurcated into Ammonium Salts, Phosphonium Salts. Phosphonium salt is dominating the type segment. Phosphonium salt is a type of salt in which the cation has a tetravalent phosphorous atom that bears a positive formal charge. Phosphonium salt is the type of quaternary onium salt and is able to tolerate fluctuating high temperature.
Phase Transfer Catalyst Market
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Phosphonium salt is used as ionic liquids with higher thermal stability present in them, like trialkl, Phosphonium salts, and the new class of hydrophilic and hydrophobic glyceryl-functionals. Phosphonium salt is also used as a reaction originator for the witting reagents and for the various organometallic compound. The above-mentioned properties are driving the Phosphonium salt market due to the thermal stability of the catalyst.
By Application, the segment is bifurcated into Pharmaceuticals, Agrochemicals. The pharmaceutical sector is dominating the application segment owing to strict rules and regulations imposed by the government authority to ensure the use of phase transfer catalyst as a part of green chemistry in the organic synthesis of medicines and chemicals. Phase transfer catalyst is used for medicines that are complex and molecular functionality is difficult. Phase transfer catalyst reduces the use of toxic chemicals and organic solvents.
Furthermore, pharmaceutical industries are creating more demand in the phase transfer catalyst market due to the inculcation of catalyst in the synthesis of chemical reactions, research and development, drug formulations, lab testing and applications. Phase transfer catalyst reduces the generation of industrial waste.
Phase Transfer Catalyst Market
Global Phase Transfer Catalyst Market Regional Insights:
The Asia Pacific is dominating the phase transfer catalyst market and the major countries of Asia Pacific are China, Japan, Australia, South Korea, and India. The region is greatly driven by the pharmaceutical industries and agriculture sector.
The Asia Pacific is the fastest growing sector in phase transfer catalyst due to large scale utilization in end-user industries. The pharmaceutical market in the Asia Pacific was valued at 200 billion in 2017 and is forecasted to grow with USD 267 billion in the forecast period and is ranking in the worlds third-largest after Europe and North America.
Phase Transfer Catalyst Market
The objective of the report is to present a comprehensive analysis of the global Phase Transfer Catalyst Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the global Phase Transfer Catalyst Market dynamics, structure by analyzing the market segments and project the global Phase Transfer Catalyst Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Phase Transfer Catalyst Market make the report investor’s guide.
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Global Phase Transfer Catalyst Market
Global Phase Transfer Catalyst Market, by Region
• North America
• Asia Pacific
• Middle East and Africa
• South America
Global Phase Transfer Catalyst Market Key Player
• SACHEM Inc. (US)
• Tokyo Chemical Industry Co., Ltd. (Japan)
• Nippon Chemical Industrial Co., Ltd. (Japan)
• Dishman Group (India)
• PAT IMPEX (India)
• Tatva Chintan Pharma Chem Pvt. Ltd. (India)
• Central Drug House (P) Ltd. (India)
• Pacific Organics Private Limited (India)
• Otto Chemie Pvt. Ltd. (India)
• Volant-Chem Corp. (China)
• Central Drug House
• Pacific Organic Private Ltd
• Otto Chemie Pvt. Ltd.
This Report Is Submitted By : Maximize Market Research Company
Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.