Global Environmental Catalyst Market 2024-2028
The environmental catalyst market is forecasted to grow by USD 2.75 bn during 2023-2028, accelerating at a CAGR of 4.94% during the forecast period. The report on the environmental 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 stringent environmental regulations related to emission standards, increasing awareness of air quality, and growing industrial activities globally.
Technavio's environmental catalyst market is segmented as below:
By Application
- Automotive
- Manufacturing industries
- Others
By Type
- CO oxidation catalysts
- Selective catalytic reduction catalysts (SCRC)
- VOC oxidation catalysts
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing adoption of environmental catalysts in renewable energy applications as one of the prime reasons driving the environmental catalyst market growth during the next few years. Also, growing focus on development of new catalyst solutions and emergence of nano-catalyst solutions will lead to sizable demand in the market.
The report on the environmental catalyst market covers the following areas:
- Environmental catalyst market sizing
- Environmental catalyst market forecast
- Environmental 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 environmental catalyst market vendors that include Albemarle Corp., Axens, Babcock Power Inc., BASF SE, Catalytic Combustion Corp., Chevron Phillips Chemical Co. LLC, China Petrochemical Corp., Clariant International Ltd., CORMETECH Inc., Dorf Ketal Chemicals I Pvt. Ltd., Evonik Industries AG, Exxon Mobil Corp., Heraeus Holding GmbH, Honeywell International Inc., Johnson Matthey Plc, OMV Aktiengesellschaft, Topsoe AS, Toyota Motor Corp., Treibacher Industrie AG, Umicore SA, and W. R. Grace and Co.. Also, the environmental 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 research - both primary and secondary. 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 the accurate market growth.