Recent advances in wet chemical synthesis of magnetically recyclable nanocatalysts (MRNCs), a versatile integration of high catalytic activity and facile recovery, have led to a dramatic expansion of their potential applications. This review focuses on the recent work in the development of metal and metal oxide based MRNCs for catalytic conversion of organic compounds in solution phase. This will be discussed in detail, according to the two main synthesis methods of MRNCs as classified by us. The two methods are: template-assisted synthetic strategy and direct synthetic strategy. And the template-assisted synthesis is further divided into three subcategories, synthetic strategies assisted by hard-, soft-, and mixed hard–soft coupling layers. At the end, we outline future trends and perspectives in these research areas.
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