Data Bridge Market Research analyses that the catalyst market was valued at USD 37.30 billion in 2021 and is expected to reach USD 54.69 billion by 2029, registering a CAGR of 4.90% during the forecast period of 2022 to 2029 In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Catalyst is a substance that enables a chemical reaction to proceed at a high rate or under different conditions, such as s at a lower temperature. This generally increases the rate of reaction. For instance, nickel is used in the hydrogenation process and iron is used in the Haber process.
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Some of the major players operating in the catalyst market are:
- Albemarle Corporation (U.S.)
- W R Grace (U.S.)
- BASF SE (Germany)
- Topsoe (Denmark)
- Honeywell International Inc (U.S.)
- Clariant (Switzerland)
- Axens (France)
- Johnson Matthey (U.K.)
- China Petrochemical Corporation (China)
- Shell Catalyst & Technologies (U.S.)
- Arkema (France)
- Anten Chemical Co., Ltd (China)
- Dorf-Ketal Chemicals Pvt. Ltd. (India)
- Exxon Mobil Corporation (U.S.)
Global Catalyst Market Scope:
Global catalyst market is segmented on the basis of material, type, application and process. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Chemical Compounds
- Metals
- Zeolites
- Others
Type
- Heterogeneous Catalyst
- Homogeneous Catalyst
Application
- Chemical Synthesis
- Petroleum Refining
- Polymers and Petrochemicals
- Environmental
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Catalyst Market Regional Analysis/Insights:
The catalyst market is analysed and market size insights and trends are provided by country, material, type, application and process as referenced above.
The countries covered in the catalyst market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the catalyst market in terms of market share during the forecast period. This is due to the increasing demand for catalyst in this region. The Asia-Pacific region leads the catalyst market because this region is the demand centre of most of the petroleum fuels due to large number of vehicle population in this region.
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