What I should do, if I were in your place, are:
1). An exhaustive literature and prior art search, by using the ‘Chemical Abstracts’ databases for many decades back, in order to be sure whether it’s something new or not.
Do not trust other web databases because they are incomplete, especially before ‘80s.
2). Applying for a patent, valuable for my country only, and keep it secret for further 14 months after been granted (It is possible for most counties, except in the USA, where a provisional patent must be applied for).
A few claimed, simple and national IP for a couple of years, is not expensive and thus, any individual can afford it. Contrary, a 20 years World Patent costs more than a fortune.
You can compose the patent description by yourself. It’s not so difficult. Contrary, if you really want to protect your invention from illicit copies worldwide, then you need a skilled patent expert and a strong patent lawyer. But, you do not need them for the moment.
But attention, only methods, procedures and uses are patentable and not theories, mechanisms and nomenclature systems. But, you can include the reaction mechanism in the patent description.
3) Publishing it in a low impact factor journal and preferably, in an open access one, or even simply, posting it at the ‘researchgate’ website: https://www.researchgate.net/
(And respecting the time-schedule of the patent examination, if preliminary having applied for it.)
4). Getting in contact with academics for a potential collaboration and further publishing, if preliminary having ensured any intellectual or/and any industrial rights, as above described.
5). All above have a (little) cost and a (possible) risk. Thus, it’s up to you, to decide.