Homogeneous transition metal catalysis is still a young science, but it has already found numerous large-scale industrial applications. Long-chain olefins, acetic acid, adiponitrile, and aldehydes are predominantly produced today using homogeneous catalysis. The strength of homogeneous catalysis lies particularly in the synthesis of pharmaceuticals and fine chemicals, where a few synthetic steps eliminate the need for a long sequence of stepwise reactions. This book provides a compact overview of the principles and reaction possibilities of homogeneous catalysis, illustrated with selected individual examples. Students, chemists, and engineers can use this book for in-depth study or as a reference work.