Asia Pacific Phase Transfer Catalyst Market: By Type (Ammonium Salts, Phosphonium Salts), By End-user (Pharmaceuticals, Agrochemicals) and By Country  

Asia Pacific Phase Transfer Catalyst Market Dynamics

PTC is a catalyst that facilitates the migration of a reactant from one phase into another phase where reaction occurs. PTC process, helps to achieve faster reactions, obtain higher conversions or yields, make fewer byproducts, and eliminate the need for expensive or dangerous solvents that will dissolve all the reactants in one phase, eliminate the need for expensive raw materials and/or minimize waste problems. Phase-transfer catalysts are especially useful in green chemistry by allowing the use of water, the need for organic solvents is reduced. The use of PTC is rising in pharmaceutical industry owing to its greener attributes, they eliminate the requirement of using organic solvents and dangerous, inconvenient, and expensive reactants. These catalysts also reduce the generation of industrial wastes.