Phase Transfer Catalyst Market: Opportunity and Forecast Analysis (2021-2027) by Type, End-Use Industry, and Region

Phase Transfer Catalyst Market is expected to reach US$ 1562.43Mn in 2027, with a CAGR of 5.5% for the period 2021-2027, because of an increasing demand and adoption of green chemistry in organic synthesis.

Phase Transfer Catalyst Market Introduction:

A phase-transfer catalyst is a type of heterogeneous catalysis that allows a reactant to migrate from one phase to another while the reaction is taking place. The catalyst acts as a detergent, allowing the salts to be dissolved into the organic phase. Faster reactions, higher conversions or yields, fewer byproducts, no need for expensive or harmful solvents, no need for expensive raw materials, and less waste are all advantages of phase-transfer catalysts. Pharmaceuticals and agrochemicals use phase-transfer catalysts, such as ammonium salts, phosphonium salts, and others, which is expected to drive this market throughout the forecast period. Phase Transfer Catalyst Market To know about the Research Methodology:- Request Free Sample Report The report has covered the market trends from 2015 to forecast the market through 2027. 2019 is considered a base year however 2020’s numbers are on the real output of the companies in the market. Special attention is given to 2020 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.

Phase Transfer Catalyst Market Dynamics:

The phase transfer catalyst market has been steadily increasing over the last few years. Because of the increased focus on decreasing effluents, phase transfer catalysts are being used more frequently in the chemical industry, as they reduce industrial waste creation and the need for organic solvents. Thus, the worldwide phase transfer catalyst market is rising as the chemical sector places a greater emphasis on decreasing residual waste and using organic solvents. One of the primary factors driving the growth of the phase transfer catalyst market is the widespread use of the product in liquid/gas and liquid/solid interactions around the world. The market is expected to grow because of rising demand and acceptance of green chemistry in organic synthesis, as well as an increase in the use of the product for solubilizing salts into the organic phase by acting as a detergent. The market is also influenced by the high deployment of herbicides, insecticides, soil conditioners, fungicides, rodenticides, and other products in the healthcare sector, as well as the high deployment of herbicides, insecticides, soil conditioners, fungicides, rodenticides, and other products in the agrochemical sector. In addition, the phase transfer catalyst market benefits from R&D, significant use in the solvent sector, and investments. Moreover, in the foreseeable future, a surge in eco-friendly, natural, and chemical-free catalysts would provide profitable prospects for market players. On the other hand, the availability of low-cost industrial catalysts is expected to stifle market growth. In the forecast period of 2021-2027, technological developments in chemical synthesis to lower catalyst consumption are expected to pose a threat to the phase transfer catalyst market.

COVID-19 Impact on Phase Transfer Catalyst Market:

The phase transfer catalyst industry is being impacted by the COVID-19 epidemic. The product's demand is experiencing significant shocks across numerous end-use sectors, global supply chains are disrupted, and the competitive order of manufacturers/producers has shifted. Due to a lack of demand, the global chemical industry has quickly become oversupplied. Movement restrictions appear to be a direct and immediate consequence, and it is believed that things will return to normal once the compulsory social isolation ceases. However, despite the crisis, the market is growing due to pandemic and its application in the healthcare sector.

Phase Transfer Catalyst Market Segmentation Analysis:

Based On Type Segment: The Phase Transfer Catalyst market is further segmented into Ammonium Salts, Phosphonium Salts, and Others (Crown Ethers and Cryptands). Ammonium salts held a market share of 55.6% in 2020 and expected to grow at the fastest rate of 5.8% during the forecast period (2021-2027). Tetrabutylammonium bromide, Tetrabutylammonium hydrogen sulphate, tetrabutylammonium fluoride trihydrate, and tetrabutylammonium chloride are the most normally utilized transfer catalysts. As compared to other onium salts, these catalysts are readily available and cost-effective. Various cationic surfactants based on quaternary phosphonium and ammonium ions are thought to be phase-transfer catalysts because of their solubility in hydrocarbons and water. Alkyl groups (long-chain) coupled to a head group are usually responsible for these surfactants' strong solubility in hydrocarbon solvents. Phase Transfer Catalyst Market 1 On the basis of End-use Industry: The Phase Transfer Catalyst market is further segmented into Pharmaceuticals, Agrochemicals, and Others (Chemical and Cosmetics). Because they speed up the pace of reaction to generate chemical derivatives, phase transfer catalysts are widely utilized in the pharmaceutical end-use industry for synthesis, formulation, and laboratory applications. Thus, positive catalysts are in higher demand in the pharmaceutical end-use business to help with R&D and formulation. Because pharmaceuticals have the largest markets in North America and Europe, the pharmaceuticals segment of the phase transfer catalyst market has grown in these regions. Moreover, throughout the forecast period, the pharmaceuticals segment of the phase transfer catalyst market is forecast to rise because of the rising demand for pharmaceuticals in Asia Pacific and the Middle East and Africa.

Phase Transfer Catalyst Market Regional Insights:

Because of the growth of the pharmaceuticals industry in the region, the North American market accounted for the biggest market share in 2020. The region's medicines industry is booming, thanks to the region's expanding senior population and low costs. Because of the strong demand for phase-transfer catalyst in the pharmaceuticals industry, the European market is likely to increase significantly over the forecast period. Increased R&D spending and technical breakthroughs in the pharmaceutical business, such as artificial intelligence, are likely to drive regional market expansion. Due to the strong demand for agrochemicals resulting from the rise of the agricultural industry in countries like as India, Malaysia, Thailand, and Vietnam, Asia-Pacific is expected to emerge as the fastest-growing regional market. Pharmaceutical demand is expanding in Japan because of factors such as the country's ageing population and rising healthcare awareness. 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, PESTEL analysis with the potential impact of micro-economic factors of the market has 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 Phase Transfer Catalyst dynamics, structure by analyzing the market segments and projecting the Phase Transfer Catalyst size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Phase Transfer Catalyst market make the report investor’s guide.

Phase Transfer Catalyst Market Scope: Inquire before buying

Phase Transfer Catalyst Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 1074.07 Mn.
Forecast Period 2021 to 2027 CAGR: 5.5% Market Size in 2027: US $ 1562.43 Mn
Segments Covered: by Type • Ammonium Salts • Phosphonium Salts • Others (Crown Ethers and Cryptands)
by End-Use Industry • Pharmaceuticals • Agrochemicals • Others (Chemical and Cosmetics)

Phase Transfer Catalyst Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Phase Transfer Catalyst Market Key Players

SACHEM Inc. • Tokyo Chemical Industry Co., Ltd. • Nippon Chemical Industrial Co., Ltd. • Dishman Group • PAT IMPEX • Tatva Chintan Pharma Chem Pvt. Ltd. • Central Drug House (P) Ltd. • Pacific Organics Private Limited • Otto Chemie Pvt. Ltd. • Volant-Chem Corp. • RHI Magnesita • Others

Frequently Asked Questions:

1. Which region has the largest share in Phase Transfer Catalyst Market? Ans: The Asia Pacific held the largest share in 2020. 2. What is the growth rate of the Phase Transfer Catalyst Market? Ans: The Phase Transfer Catalyst Market is growing at a CAGR of 5.5% during the forecasting period 2021-2027. 3. What segments are covered in the Phase Transfer Catalyst market? Ans: Phase Transfer Catalyst Market is segmented into Type, End-Use Industry, and Region. 4. Who are the key players in the Phase Transfer Catalyst market? Ans: The important key players in the Phase Transfer Catalyst Market are – SACHEM Inc., Tokyo Chemical Industry Co., Ltd., Nippon Chemical Industrial Co., Ltd., Dishman Group, PAT IMPEX, Tatva Chintan Pharma Chem Pvt. Ltd., Central Drug House (P) Ltd., Pacific Organics Private Limited, Otto Chemie Pvt. Ltd., Volant-Chem Corp., RHI Magnesita, and Others 5. What is the study period of this market? Ans: The Phase Transfer Catalyst Market is studied from 2020 to 2027.
1. Global Phase Transfer Catalyst Market: Research Methodology 2. Global Phase Transfer Catalyst Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Phase Transfer Catalyst Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Phase Transfer Catalyst Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Phase Transfer Catalyst Market Segmentation 4.1. Global Phase Transfer Catalyst Market, by Type (2020-2027) • Ammonium Salts • Phosphonium Salts • Others (Crown Ethers and Cryptands) 4.2. Global Phase Transfer Catalyst Market, by End-Use Industry (2020-2027) • Pharmaceuticals • Agrochemicals • Others (Chemical and Cosmetics) 5. North America Phase Transfer Catalyst Market(2020-2027) 5.1. North America Phase Transfer Catalyst Market, by Type (2020-2027) • Ammonium Salts • Phosphonium Salts • Others (Crown Ethers and Cryptands) 5.2. North America Phase Transfer Catalyst Market, by End-Use Industry (2020-2027) • Pharmaceuticals • Agrochemicals • Others (Chemical and Cosmetics) 5.3. North America Phase Transfer Catalyst Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Phase Transfer Catalyst Market (2020-2027) 6.1. European Phase Transfer Catalyst Market, by Type (2020-2027) 6.2. European Phase Transfer Catalyst Market, by End-Use Industry (2020-2027) 6.3. European Phase Transfer Catalyst Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Phase Transfer Catalyst Market (2020-2027) 7.1. Asia Pacific Phase Transfer Catalyst Market, by Type (2020-2027) 7.2. Asia Pacific Phase Transfer Catalyst Market, by End-Use Industry (2020-2027) 7.3. Asia Pacific Phase Transfer Catalyst Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Phase Transfer Catalyst Market (2020-2027) 8.1. Middle East and Africa Phase Transfer Catalyst Market, by Type (2020-2027) 8.2. Middle East and Africa Phase Transfer Catalyst Market, by End-Use Industry (2020-2027) 8.3. Middle East and Africa Phase Transfer Catalyst Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Phase Transfer Catalyst Market (2020-2027) 9.1. South America Phase Transfer Catalyst Market, by Type (2020-2027) 9.2. South America Phase Transfer Catalyst Market, by End-Use Industry (2020-2027) 9.3. South America Phase Transfer Catalyst Market, by Country (2020-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. SACHEM Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Tokyo Chemical Industry Co., Ltd. 10.3. Nippon Chemical Industrial Co., Ltd. 10.4. Dishman Group 10.5. PAT IMPEX 10.6. Tatva Chintan Pharma Chem Pvt. Ltd. 10.7. Central Drug House (P) Ltd. 10.8. Pacific Organics Private Limited 10.9. Otto Chemie Pvt. Ltd. 10.10. Volant-Chem Corp. 10.11. RHI Magnesita 10.12. Others

About This Report

Report ID 103529
Category Material & Chemical
Published Date May 2021
Updated Date Dec 2021
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