Global Phase Transfer Catalyst Market - 2022-2029
Market Overview
The global phase transfer catalyst market has reached US$ XX million in 2021 and is expected to reach US$ XX million by 2029, growing at a CAGR of XX% during the forecast period 2022-2029.
A phase transfer catalyst allows a reactant to migrate from one phase. Ionic reactants are generally soluble in an aqueous phase but insoluble in organic. The catalyst serves as a detergent for solubilizing salts into the organic phase. It is used occasionally in liquid or solid and liquid or gas reactions.
Moreover, a phase transfer catalyst speeds up processes and increases conversions or yields. As a result, this eliminates the necessity for hazardous or expensive solvents that dissolve reactants in a single step.
Market Dynamics
The increasing demand and adoption of green chemistry in organic synthesis is expected to drive the phase transfer catalyst market. However, the availability of industrial catalysts as substitutes is likely to restraint the market.
The increasing demand and adoption of green chemistry in organic synthesis
Phase-transfer catalysts are particularly important in green chemistry because they allow water use, reducing the requirement for organic solvents. The catalyst can be used in both hydrophilic and hydrophobic reactant systems. It is used occasionally in liquid or solid and liquid or gas reactions.
In the agrochemical industry, the catalyst is used to make herbicides, fungicides, rodenticides, insecticides, soil conditioners and other goods. Furthermore, high yields and purity of goods, high scalability, ease of procedure, low energy consumption and investment cost and minimization of industrial waste are all variables that have been positively expected in boosting the global market.
Companies invest in the phase transfer catalyst industry to meet the increased demand. PTC Organics Inc. is solely focused on developing and commercializing phase-transfer catalysis-based low-cost, high-performance green chemistry processes. The company has unrivaled experience working on more than 100 commercial PTC development projects with chemical companies that make pharmaceuticals, petrochemicals, flavors & fragrances, agricultural chemicals, dyes & pigments, solvents and commodity organic chemicals under strict confidentiality agreements.
Availability of industrial catalysts as substitutes
The presence of alternative to phase transfer catalysts such as tetrabutylammonium hydrogen sulfate, tetrabutylammonium bromide, tetrabutylammonium chloride and tetrabutylammonium fluoride trihydrate, which are readily available and affordable relative to other PTC materials, are limiting market expansion.
Moreover, another disadvantage of PTC is the requirement to segregate the catalyst from the organic product phase, which is especially important in commercial applications. As a result, research is focused on creating new catalyst separation techniques and unique reactor-separator ""combo"" units. For instance, developing a membrane reactor with a PT catalyst immobilized on the membrane surface appears to be a novel and promising candidate for achieving PTC reactions on a large scale.
COVID-19 Impact Analysis
COVID-19 has impacted the chemicals sector, as it has on other industries. The disaster exacerbated an oversupply scenario for the chemical companies. The economic downturn lowered demand in both domestic and international markets.
On the other hand, consumers place a larger importance on sustainability and, as a result, look for items that are circular and have a low carbon impact. Furthermore, consumer concern about carbon emissions has prompted increased investment in renewable energy, energy efficiency and transportation decarbonization. As a result, the phase transfer catalyst market is likely to benefit from these trends.
Segment Analysis
The global phase transfer catalyst market is segmented into pharmaceutical, chemical, agrochemical, perfumery and fragrance, and others based on end-user.
The compounds utilized for medications in the pharmaceutical industry are usually complex multifunctional molecules produced through a series of chemical processes. Phase transfer catalysts are utilized in R&D, synthesis, medication formulation and laboratory uses in the pharmaceutical sector.
Furthermore, the use of phase transfer catalysts in the pharmaceuticals industry is being driven by stringent regulations in western regions on the use of toxic substances. The substances reduce the need for organic solvents and are dangerous cumbersome, expensive reactants. The catalysts also help to reduce the amount of industrial waste produced.
The growing demand has resulted in companies developing and synthesizing the catalyst for the pharmaceutical industry. For instance, SACHEM Inc. has developed SalegoTM PTC, a complete line of phase transfer catalysts employed in numerous biphasic organic transitions in the pharmaceutical sector. The compounds improve reaction rates in phase transfer catalysis and yields, lowering production, energy and waste costs. In addition, they allow for low-cost inorganic bases and other chemicals and simpler process equipment.
Geographical Analysis
The global phase transfer catalyst market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa based on geography.
Asia-Pacific is projected to have a significant market share owing to expanding pharmaceutical and agrochemical sectors. There is an increased demand for phase transfer catalysts from countries such as China, Australia, Japan, South Korea and India are propelling the market. According to the report provided by the International Society for Pharmaceutical Engineering, Asia-Pacific pharmaceutical market is the world's second-largest after North America. In addition, the COVID-19 illness outbreak becomes favorable for the pharmaceutical industry's expansion.
Asia-Pacific is home to over 30% of the world's land and 60 percent of the human population. The region's population figures have been responsible for maintaining agricultural practices, leading to increased use of agrochemical products in the region, which is expected to accelerate market expansion further. Therefore, heavy investment in research and development and various long-term programs is expected to drive the phase transfer catalyst market in the region.
Global Phase Transfer Catalyst Market Competitive Landscape
The global phase transfer catalyst market is consolidated and competitive with multinational businesses. Major players in the market include SACHEM Inc., Nippon Chemical Industrial Co., Ltd., Tokyo Chemical Industry Co., Ltd., PAT IMPEX, Dishman Group, Tatva Chintan Pharma Chem Pvt. Ltd., Pacific Organics Private Limited, Central Drug House (P) Ltd., Otto Chemie Pvt. Ltd. and Volant-Chem Corp., among others. The companies in the market incorporate numerous market strategies to achieve growth in the global phase transfer catalyst market; these include mergers, product launches, acquisitions, contributions and collaborations.
SACHEM Inc.
Overview: SACHEM Inc. is a U.S.-based privately held chemical science company. The company provides customized services, production and support to the global community with a strong focus on developing high-performance, high purity products and services. It is headquartered in Texas, U.S. Further, SACHEM Inc. operates under five (5) facilities located in Austin and Cleburne in Texas, U.S., Zaltbommel in Netherlands, Higashi Osaka in Japan and Wuxi in China.
Product Portfolio: SACHEM Inc. offers the following phase transfer catalysts: SALEGO PTC for the pharmaceutical sector, FERRION PTC for the agrochemical sector and CATANA PTC for the polymer sector.
Key Development:
In November 2019, SACHEM Inc. launched a new version of sacheminc.com, followed by thesachemway.com. Sacheminc.com is the company's official website, with information on products and services.
Why Purchase the Report?
To visualize the global phase transfer catalyst market segmentation by type, solubility, application, end-user and region and understand key commercial assets and players.
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Excel data sheet with numerous data points of phase transfer catalyst market-level with four segments.
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The global phase transfer catalyst market report would provide approximately 69 tables, 67 figures and almost 202 pages.
Target Audience 2022
Service Providers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Chemical Companies
Government and Regulator Bodies
- 1. Global Phase Transfer Catalyst Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Global Phase Transfer Catalyst Market – Market Definition and Overview
- 3. Global Phase Transfer Catalyst Market – Executive Summary
- 3.1. Market Snippet by Type
- 3.2. Market Snippet by Solubility
- 3.3. Market Snippet by Application
- 3.4. Market Snippet by End-User
- 3.5. Market Snippet by Region
- 4. Global Phase Transfer Catalyst Market-Market Dynamics
- 4.1. Market Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. The increasing demand and adoption of green chemistry in organic synthesis
- 4.1.1.2. XX
- 4.1.2. Restraints
- 4.1.2.1. Availability of industrial catalysts as substitutes
- 4.1.3. Opportunity
- 4.1.3.1. XX
- 4.1.4. Impact Analysis
- 5. Global Phase Transfer Catalyst Market – Industry Analysis
- 5.1. Porter's Five Forces Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 6. Global Phase Transfer Catalyst Market – COVID-19 Analysis
- 6.1. Analysis of COVID-19 on the Market
- 6.1.1. Before COVID-19 Market Scenario
- 6.1.2. Present COVID-19 Market Scenario
- 6.1.3. After COVID-19 or Future Scenario
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
- 7. Global Phase Transfer Catalyst Market – By Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2. Market Attractiveness Index, By Type
- 7.2. Ammonium Salts*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Phosphonium Salts
- 7.4. Crown Ethers
- 7.5. Cryptands
- 7.6. PEG
- 7.7. Others
- 8. Global Phase Transfer Catalyst Market – By Solubility
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solubility
- 8.1.2. Market Attractiveness Index, By Solubility
- 8.2. Insoluble PTC*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Soluble PTC
- 9. Global Phase Transfer Catalyst Market – By Application
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 9.1.2. Market Attractiveness Index, By Application
- 9.2. Drugs*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. Surfactant
- 9.4. Alcohols
- 9.5. Others
- 10. Global Phase Transfer Catalyst Market – By End-User
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 10.1.2. Market Attractiveness Index, By End-User
- 10.2. Pharmaceutical*
- 10.2.1. Introduction
- 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3. Chemical
- 10.4. Agrochemical
- 10.5. Perfumery and Fragrance
- 10.6. Others
- 11. Global Phase Transfer Catalyst Market – By Region
- 11.1. Introduction
- 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 11.1.2. Market Attractiveness Index, By Region
- 11.2. North America
- 11.2.1. Introduction
- 11.2.2. Key Region-Specific Dynamics
- 11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solubility
- 11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.2.7.1. U.S.
- 11.2.7.2. Canada
- 11.2.7.3. Mexico
- 11.3. Europe
- 11.3.1. Introduction
- 11.3.2. Key Region-Specific Dynamics
- 11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solubility
- 11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.3.7.1. Germany
- 11.3.7.2. UK
- 11.3.7.3. France
- 11.3.7.4. Italy
- 11.3.7.5. Russia
- 11.3.7.6. Rest of Europe
- 11.4. South America
- 11.4.1. Introduction
- 11.4.2. Key Region-Specific Dynamics
- 11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solubility
- 11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.4.7.1. Brazil
- 11.4.7.2. Argentina
- 11.4.7.3. Rest of South America
- 11.5. Asia-Pacific
- 11.5.1. Introduction
- 11.5.2. Key Region-Specific Dynamics
- 11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solubility
- 11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 11.5.7.1. China
- 11.5.7.2. India
- 11.5.7.3. Japan
- 11.5.7.4. Australia
- 11.5.7.5. Rest of Asia-Pacific
- 11.6. Middle East and Africa
- 11.6.1. Introduction
- 11.6.2. Key Region-Specific Dynamics
- 11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product
- 11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Solubility
- 11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
- 11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
- 12. Global Phase Transfer Catalyst Market – Competitive Landscape
- 12.1. Competitive Scenario
- 12.2. Market Positioning/Share Analysis
- 12.3. Mergers and Acquisitions Analysis
- 13. Global Phase Transfer Catalyst Market- Company Profiles
- 13.1. SACHEM Inc.*
- 13.1.1. Company Overview
- 13.1.2. Product Portfolio and Description
- 13.1.3. Key Highlights
- 13.1.4. Financial Overview
- 13.2. Nippon Chemical Industrial Co., Ltd.
- 13.3. Tokyo Chemical Industry Co., Ltd.
- 13.4. PAT IMPEX
- 13.5. Dishman Group
- 13.6. Tatva Chintan Pharma Chem Pvt. Ltd.
- 13.7. Pacific Organics Private Limited
- 13.8. Otto Chemie Pvt. Ltd.
- 13.9. Central Drug House (P) Ltd.
- 13.10. Volant-Chem Corp.
- LIST NOT EXHAUSTIVE
- 14. Global Phase Transfer Catalyst Market – Premium Insights
- 15. Global Phase Transfer Catalyst Market – DataM
- 15.1. Appendix
- 15.2. About Us and Services
- 15.3. Contact Us
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