Global Catalyst Market 2024-2028
Catalyst Market 2024-2028
The catalyst market is forecasted to grow by USD 4973 mn during 2023-2028, accelerating at a CAGR of 3.6% during the forecast period. The report on the catalyst market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising rate of industrialization in emerging economies, increasing growth of refinery industry, and rising applications catalyst in end-user sectors.
Technavio's catalyst market is segmented as below:
By Type
- Heterogeneous catalyst
- Homogeneous catalyst
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the growing demand for biocatalysts as one of the prime reasons driving the catalyst market growth during the next few years. Also, rise in number of mergers and acquisitions and increasing research and development investments to improve quality of catalysts will lead to sizable demand in the market.
The report on the catalyst market covers the following areas:
- Catalyst Market sizing
- Catalyst Market forecast
- Catalyst Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading catalyst market vendors that include Albemarle Corp., Antenchem, Arkema, Axens, BASF SE, Chevron Phillips Chemical Co. LLC, China Petrochemical Corp., Clariant International Ltd, Dorf Ketal Chemicals India Pvt. Ltd., Dow Inc., Evonik Industries AG, Exxon Mobil Corp., Honeywell International Inc., Johnson Matthey Plc, LyondellBasell Industries Holdings BV, Shell plc, Topsoes AS, Umicore SA, W. R. Grace and Co., and Zeolyst International. Also, the catalyst market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.