DUBLIN--(BUSINESS WIRE)--The "Phase Transfer Catalyst Market by Type (Ammonium Salts, Phosphonium Salts), End-use Industry (Pharmaceuticals, Agrochemicals), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The phase transfer catalyst market is projected to grow from USD 960 million in 2018 to USD 1,232 million by 2023, at a Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period from 2018 to 2023. In this study, the phase transfer catalyst market has been segmented based on type, end-use industry, and region.
Based on type, the ammonium salts segment accounted for the largest share of 55.1% of the phase transfer catalyst market in 2017, in terms of value. The growth of this segment can be attributed to the increased demand for tetrabutylammonium bromide, tetrabutylammonium hydrogen sulfate, tetrabutylammonium fluoride trihydrate, and tetrabutylammonium chloride, among others, which are easily available and inexpensive as compared to other PTC materials.
The phosphonium salts and others (crown ethers and cryptands) segments accounted for relatively smaller shares of the phase transfer catalyst market as compared to the ammonium salts segment. Phosphonium salts, crown ethers, and cryptands have very high manufacturing costs, along with limited application areas when compared with ammonium salts.
Some of the major companies operating in this market include 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), and Volant-Chem Corp. (China). These companies have a significant geographic presence in North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Key Benefits of Buying the Report
The report is expected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the phase transfer catalyst market and its segments. This report is also expected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report aims at helping stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
- Rising Demand and Adoption of Green Chemistry in Organic Synthesis
- Availability of Low-Cost Industrial Catalysts
- Scope for Vertical and Backward Integration in the Market
- Technological Advancements in Chemical Synthesis to Reduce Catalyst Consumption
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Phase Transfer Catalyst Market
4.2 Phase Transfer Catalyst Market, By Region
4.3 North America Phase Transfer Catalyst Market, By Type & Country
4.4 Phase Transfer Catalyst Market: Major Countries
4.5 Phase Transfer Catalyst Market, By End-Use Industry & Region
5 Market Overview
5.2 Market Dynamics
6 Phase Transfer Catalyst Market, By Type
6.2 Ammonium Salts
6.3 Phosphonium Salts
7 Phase Transfer Catalyst Market, By End-Use Industry
8 Regional Analysis
8.2 North America
8.4 Asia Pacific
8.5 Middle East & Africa
8.6 South America
9 Competitive Landscape
9.2 Competitive Leadership Mapping
9.3 Ranking of Key Players, 2018
9.4 Competitive Scenario
10 Company Profiles
10.1 Sachem Inc.
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 Volant-Chem Corp.
10.9 Pacific Organics Private Limited
10.10 Otto Chemie Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/getxyp