Organic Catalyst Market Trends 2022 business opportunities investments growth analysis company profiles and forecast to 2027
Market Summary The Global Organic Catalyst Market was valued at around USD 550 million in 2022, registering a CAGR of over 4.8% during the forecast period. The growth of the global organic catalyst market is due to the demand for chemicals with less metal content in medicines, fertilizers, pesticides, and others. Owing to being a less hazardous chemical syntheses process organocatalysis can be considered a chief example of green chemistry, thereby increasing its demand in medicinal applications. Additionally, the easy availability, low manufacturing cost, high selectivity, and chemical inertness toward moisture and oxygen are other advantages of the organic catalysts over an organometallic catalyst that are likely to boost their growth during the forecast period. Segmental Analysis The global organic catalyst market has been segmented based on product type, application, end-use industry, and region. By product type, the global market has been classified into enzymes, amines, chir...