Catalyst Market By Type, By End User, By Regional Outlook, By Competitive Outlook and Trend - Analysis & Forecast 2022
Catalyst Market from Qurate’s Repository provides detailed information, in-depth analysis, and forecast which is developed by a team of experts and professionals
(EMAILWIRE.COM, August 18, 2018 ) Industry Outlook and Trend Analysis
The global catalyst market was worth USD 29.28 billion in the year of 2016 and is anticipated to reach approximately USD 40.92 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 3.79% during the forecast period. Increased value of catalysts in industries such as oil & gas and chemicals in order to improve the rate of reaction and decrease the lead time is anticipated to influence the growth of the sector significantly in the coming years. A catalyst is useful as a supplementary element in a reaction between two chemicals which accelerates the process and causes less energy of activation. Catalysts are utilized in variety of applications that includes production of petrochemical, refining petroleum, combining of bulk chemicals, environment protecting reactions and polymer processing. Acquiring prominence of the catalytic reforming process in sectors such as oil and gas in order to provide enhanced benefits of light cut oils that include superior kerosene oil, high-speed diesel and gasoline is anticipated to boost the utilization of the product. Additionally, increased expenditure for the manufacturing of the derivatives of petroleum via syngas is anticipated to fuel the usage of catalyst in the future. Varying prices of raw materials, specifically zeolite along with other precious metals, because of their rising demand in various applications like construction, chemicals and automotive is said to result in product supply to manufacturers which will be limited. As a result, this may increase the price of catalysts which may inhibit the growth of this market.
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Application Outlook and Trend Analysis
A share of 29.1 percent of the total volume was held by chemical combining in the year 2015. Catalysts are extensively being utilized in chemical combining due to its exceptional benefits like convenient activation of alkenes and alkynes and high stability. The use of catalysts for environmental applications is said to encounter significant growth in the coming years. Increasing implementation of catalysts for applications like treatment of municipal and industrial waste is anticipated to drive the growth of the market.
Raw Material Outlook and Trend Analysis
In the year 2015 as share of 41 percent was held by chemical compounds that include amine, peroxide and acid products. In comparison to metals and zeolite, the process of chemical are low this is anticipated to be one of the major factors to drive the growth of this market. The requirement for metal catalyst was 1,568.4 kilo tons in the year 2015 and is expected to encounter substantial growth due to its increasing applications in various fields. Metals like palladium, rhodium, nickel, copper, molybdenum, ruthenium, platinum, chromium and gold are extremely useful as catalysts for improving the rate of reaction in the production of polymer, chemical refining and processing. Products that are zeolite-based have high adjustable acidity and porosity; hence it is anticipated to encounter significant growth in the coming years.
Product Outlook and Trend Analysis
In the year 2015 heterogeneous catalyst held a share of 73.6 percent of the market share. Convenient availability and low prices of heterogeneous products are expected to spur the growth of the market significantly in the coming years. On the other hand, homogeneous catalysts have high solubility and are beneficial for the production of petrochemicals, polymers and bulk chemicals. Owing to such factors homogeneous catalysts are anticipated to witness significant growth in the upcoming years.
Regional Outlook and Trend Analysis
The largest market in 2015 was held by Asia Pacific that registered 34 percent of the total volume. Developing economies like India and China are hubs for the production of the derivatives of petroleum and chemicals which is one of the factors that boosts the growth of the market in the region. Growth of refining capacities in Saudi Arabia, Qatar and Oman along with riding demand of petrochemicals is said to boost the demand in the Middle East and Africa.
Competitive Insights
Major players in the Catalysts market are DuPoint, BASF, W.E Grace and Company, Johnson Matthey, Albemarle Corporation and Evonik Industries. A new production site was introduced by Johnson Matthey process technologies in Brazil in the year 2014 which will produce catalysts for the refining sector for captive hydrogen production.
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The global catalyst market is segmented as follows-
By Type
Chemical compounds
Amines
Acids
Peroxides
Other Chemicals
Enzymes
Metals
Precious Metals
Base Metals
Zeolites
MFI
FAU
LTA
Other Zeolites
Organometallic Materials
By Application
Environmental
Heavy-duty vehicles
Light-duty vehicles
Others Environmental
Polymer Catalysts
Reaction Initiator
Single-site
Other Polymer Catalyst
Petroleum Refining
Alkylation Catalysts
Fluid Catalytic Cracking (FCC)
Catalytic Reforming
Hydroprocessing Catalysts
Other Petroleum Refining
Chemical synthesis
Polyolefins
Hydrogenation Catalysts
Catalytic Oxidation
Other Chemical Synthesis
By Region:
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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The global catalyst market was worth USD 29.28 billion in the year of 2016 and is anticipated to reach approximately USD 40.92 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 3.79% during the forecast period. Increased value of catalysts in industries such as oil & gas and chemicals in order to improve the rate of reaction and decrease the lead time is anticipated to influence the growth of the sector significantly in the coming years. A catalyst is useful as a supplementary element in a reaction between two chemicals which accelerates the process and causes less energy of activation. Catalysts are utilized in variety of applications that includes production of petrochemical, refining petroleum, combining of bulk chemicals, environment protecting reactions and polymer processing. Acquiring prominence of the catalytic reforming process in sectors such as oil and gas in order to provide enhanced benefits of light cut oils that include superior kerosene oil, high-speed diesel and gasoline is anticipated to boost the utilization of the product. Additionally, increased expenditure for the manufacturing of the derivatives of petroleum via syngas is anticipated to fuel the usage of catalyst in the future. Varying prices of raw materials, specifically zeolite along with other precious metals, because of their rising demand in various applications like construction, chemicals and automotive is said to result in product supply to manufacturers which will be limited. As a result, this may increase the price of catalysts which may inhibit the growth of this market.
Get Free Sample Report@ https://www.qurateresearch.com/report/sample/CnM/QBI-CMR-CnM-54958
Application Outlook and Trend Analysis
A share of 29.1 percent of the total volume was held by chemical combining in the year 2015. Catalysts are extensively being utilized in chemical combining due to its exceptional benefits like convenient activation of alkenes and alkynes and high stability. The use of catalysts for environmental applications is said to encounter significant growth in the coming years. Increasing implementation of catalysts for applications like treatment of municipal and industrial waste is anticipated to drive the growth of the market.
Raw Material Outlook and Trend Analysis
In the year 2015 as share of 41 percent was held by chemical compounds that include amine, peroxide and acid products. In comparison to metals and zeolite, the process of chemical are low this is anticipated to be one of the major factors to drive the growth of this market. The requirement for metal catalyst was 1,568.4 kilo tons in the year 2015 and is expected to encounter substantial growth due to its increasing applications in various fields. Metals like palladium, rhodium, nickel, copper, molybdenum, ruthenium, platinum, chromium and gold are extremely useful as catalysts for improving the rate of reaction in the production of polymer, chemical refining and processing. Products that are zeolite-based have high adjustable acidity and porosity; hence it is anticipated to encounter significant growth in the coming years.
Product Outlook and Trend Analysis
In the year 2015 heterogeneous catalyst held a share of 73.6 percent of the market share. Convenient availability and low prices of heterogeneous products are expected to spur the growth of the market significantly in the coming years. On the other hand, homogeneous catalysts have high solubility and are beneficial for the production of petrochemicals, polymers and bulk chemicals. Owing to such factors homogeneous catalysts are anticipated to witness significant growth in the upcoming years.
Regional Outlook and Trend Analysis
The largest market in 2015 was held by Asia Pacific that registered 34 percent of the total volume. Developing economies like India and China are hubs for the production of the derivatives of petroleum and chemicals which is one of the factors that boosts the growth of the market in the region. Growth of refining capacities in Saudi Arabia, Qatar and Oman along with riding demand of petrochemicals is said to boost the demand in the Middle East and Africa.
Competitive Insights
Major players in the Catalysts market are DuPoint, BASF, W.E Grace and Company, Johnson Matthey, Albemarle Corporation and Evonik Industries. A new production site was introduced by Johnson Matthey process technologies in Brazil in the year 2014 which will produce catalysts for the refining sector for captive hydrogen production.
Customize Now@ https://www.qurateresearch.com/report/customize/CnM/QBI-CMR-CnM-54958
The global catalyst market is segmented as follows-
By Type
Chemical compounds
Amines
Acids
Peroxides
Other Chemicals
Enzymes
Metals
Precious Metals
Base Metals
Zeolites
MFI
FAU
LTA
Other Zeolites
Organometallic Materials
By Application
Environmental
Heavy-duty vehicles
Light-duty vehicles
Others Environmental
Polymer Catalysts
Reaction Initiator
Single-site
Other Polymer Catalyst
Petroleum Refining
Alkylation Catalysts
Fluid Catalytic Cracking (FCC)
Catalytic Reforming
Hydroprocessing Catalysts
Other Petroleum Refining
Chemical synthesis
Polyolefins
Hydrogenation Catalysts
Catalytic Oxidation
Other Chemical Synthesis
By Region:
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia Pacific
Rest of the World
Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others
Some of the key questions answered by the report are:
What was the market size in 2012 and forecast from 2013 to 2022?
What will be the industry market growth from 2013 to 2022?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
Purchase Enquiry@ https://www.qurateresearch.com/report/buy/CnM/QBI-CMR-CnM-54958
Contact Information:
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Qurate Business Intelligence
Nehal Chinoy
Tel: +919881074592
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results