A Global Catalyst Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Catalyst market industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Catalyst Market, this study covers qualitative and quantitative aspects of the Catalyst Market. In addition to historical data from 2019 to 2020, the research study provides an accurate forecast until 2030 for the Catalyst Market.
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The global catalyst market size was USD 39.0 Billion in 2021 and is expected to register a revenue CAGR of 4.3% during the forecast period. Increasing demand from the automobile industry due to shifting energy demands for alternative fuels including biodiesel, rising demand for petroleum refined products, petrochemicals, and chemical synthesis, as well as increasing demand for catalysts enabling conversion of bio-derived feedstock into industrially relevant chemicals, thus helping in maintaining bioeconomy are major factors driving market revenue growth.
All petrochemical plants and refineries are built around catalytic processes. With ongoing technological advancements in catalyst manufacture, optimization, and enhanced operational efficiency, the global market for catalysts is rising. This pattern is particularly evident in the refining industry, where usage of catalytic procedures is continuously expanding. As the need for polyolefins, polyesters, and polyurethanes rises, so will demand for catalysts for synthesis of petrochemicals and polymers. Clariant offers customized solutions for major petrochemical building blocks such as ethylene, propylene, butadiene, and styrene.
Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
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Emergen Research has segmented the global catalyst market based on type of raw material, application and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Heterogeneous Catalysts
Homogeneous Catalysts
Type of Raw Material Outlook (Revenue, USD Billion; 2019-2030)
Metals
Chemical Compounds
Zeolites
Organometallic Materials
Others
Application Outlook (Revenue, USD Billion; 2019-2030)
Petroleum Refining
Chemical Synthesis
Polymer Catalysis & Petrochemicals
Environmental
Others
Competitive Outlook:
The global Catalyst market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Catalyst market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Key Companies Profiled in the Report are:
Dow Chemical Company, BASF SE, Evonik Industries AG, Clariant AG, DuPont, Exxonmobil Corporation, Johnson Matthey, Albemarle Corporation, Cue Energy Resources Ltd, and Apache Corporation.
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Regional Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key point summary of the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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