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, according to latest analysis by Emergen Research. 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.
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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. These catalysts provide excellent performance needed to prevail in this fiercely competitive sector. In the area of on-purpose olefin production, Houdry propane dehydrogenation and Methanol-To-Propylene (MTP) catalysts are in the forefront.
The latest market intelligence report, titled ‘Global Catalyst Market’, is intended to provide the target audience with the necessary information about the global Catalyst industry. The report comprises a detailed analysis of the vital elements of the Catalyst market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Catalyst market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
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The report offers a complete analysis of the global Catalyst market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreements, and collaborations. Dow Chemical Company, BASF SE, Evonik Industries AG, Clariant AG, DuPont, Exxonmobil Corporation, Johnson Matthey, Albemarle Corporation, Cue Energy Resources Ltd, and Apache Corporation are some of the top companies profiled in the report.
Emergen Research has segmented the global catalyst market based on type of raw material, application and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Type of Raw Material Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Polymer Catalysis & Petrochemicals
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The global Catalyst market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Catalyst market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Global Catalyst Market Report – Table of Contents:
Chapter 1 includes the global Catalyst market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Catalyst market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Catalyst market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Catalyst industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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