Key Players and Competitive Landscape in the Phase Transfer Catalyst Market

The phase transfer catalyst market was estimated at USD 962.56 million in 2022 and is likely to witness an impressive CAGR of 5.07% during 2023-2028 to reach USD 1299.77 million in 2028.

Phase transfer catalyst, a particular form of heterogeneous catalyst facilitates the migration of a reactant from one phase into another. Ionic reactants are mostly soluble in aqueous phase. In the absence of a phase transfer catalyst, ionic reactants are insoluble in the organic phase.

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