The conceptual idea of molecular container compounds and their synthesis ha
s opened an entirely new and very interesting research field: the chemistry
of and within molecular container compounds and their complexes. Molecular
containers have inner phases just large enough to accommodate a single gue
st molecule. Beginning with Donald J. Cram's first synthesis of a carcerand
, which permanently entrapped a single guest molecule, many other container
s such as hemicarcerands, molecular lantern, self-assembled capsules and fu
llerenes have been synthesized and studied. Not only is the design and deve
lopment of new container compounds an ongoing challenge for organic chemist
s, but also the systematic investigation of chemical reactions within their
inner phases. The results of a large variety of inner phase reactions span
ning acid-base, reduction, oxidation, nucleophilic substitution, addition,
thermal, photochemical and pericyclic reactions have provided us with more
insight into the relationship between bulk phase and inner phase reactants
and the mechanism of the transfer of electrons and photons through the insu
lating shell of a container molecule. They have also led to very spectacula
r applications of molecular container compounds such as the stabilization o
f reactive intermediates by incarceration. These highlights of inner phase
chemistry and the current efforts and successes towards using molecular con
tainers as catalytic reaction vessels are presented and discussed.