Catalyst Fertilizers - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Catalyst Fertilizers Market is accounted for $2.03 billion in 2017 and is expected to reach $2.93 billion by 2026 growing at a CAGR of 4.2%. Factors such as rising demand in the agriculture industry and technological advancements across the globe are fueling the market growth. However, lack of awareness and affordability in the underdeveloped nations are hampering the growth of the market. Furthermore, rising demands in the consumption of fertilizers are the growth opportunities for the market.
Catalysts Fertilizer are utilized in procedures including ammonia production, syngas production for maldehyde production, methanol production and others. The action of the manure impetus chooses the yield and change of feedstock. Decision of appropriate catalyst for transforming process is additionally fundamental for the generation yield of the manure plant and the execution of the catalyst is subject to the reactor structure.
Based on application, Nitrogenous Fertilizers segment propels the market share during the forecast period. Increasing emissions from ammonia plants, emission control catalysts are being highly sought to meet the government standards in the market. By geography, Asia Pacific region is anticipated to grow due to rise in the production of fertilizers is mainly due to the increase in the consumption of fertilizers and support from the governments to increase the production.
Some of the key players in Catalyst Fertilizers market include Oham Industries, Quality Magnetite, N.E.Chemcat, Haldor Topsoe, Quantumsphere Inc., Johnson Matthey, Lkab Minerals, Projects & Development India Limited (PDIL), Dowdupont, and Clariant International.
Metal Groups Covered:
• Precious Metals
• Base Metals
Fertilizer Production Processes Covered:
• Contact Process
• Haber-Bosch Process
• Other Fertilizer Production Process
• Phosphatic Fertilizers
• Nitrogenous Fertilizers
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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