Chemical Processing Catalysts - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Chemical Processing Catalysts Market is accounted for $11.99 billion in 2019 and is expected to reach $18.26 billion by 2027 growing at a CAGR of 5.4% during the forecast period. Increase in demand for catalysts in chemical manufacturing industries, rapid urbanization, and increase in automation are fuelling the growth of the market. However, the fluctuation in prices of raw materials is hampering the growth of the market.
Catalyst is a small chemical compound that when added, controls the amount of chemical reaction by increasing or decreasing the activation energy of the process. Additionally, the reaction process does not consume the catalyst and they can be reused after the treatment.
Based on the type, the heterogeneous segment is anticipated to hold considerable market share during the forecast period as it can be easily separated post the reaction process, and is cost-effective and broadly utilized in chemical synthesis. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the rise in industrialization in countries, the high number of active pharmaceutical ingredients producers in China, and technological advancements coupled with developing infrastructure.
Some of the key players profiled in the Chemical Processing Catalysts Market include W. R. Grace & Company, LyondellBasell Industries N.V., Johnson Matthey plc, INEOS Group Holdings S.A, Evonik Industries AG, Clariant International, BASF Catalysts LLC, Albemarle Corporation, and Air Products and Chemicals, Inc.
Catalyst Types Covered:
• Active Catalyst
• Deactivation Catalyst
• Synthesis Gas Catalysts
• Organic Synthesis
End Users Covered:
• Production of Isobutylene
• Fine Chemicals & Intermediaries
• Edible Oils
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.