Global Phase Transfer Catalyst Market
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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.
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