Global Catalysts Market Growth 2023-2029

Global Catalysts Market Growth 2023-2029

Catalysis is the increase in the rate of a chemical reaction due to the participation of an additional substance called a catalyst, which is not consumed in the catalyzed reaction and can continue to act repeatedly. Often only tiny amounts of catalyst are required in principle.

LPI (LP Information)' newest research report, the “Catalysts Industry Forecast” looks at past sales and reviews total world Catalysts sales in 2022, providing a comprehensive analysis by region and market sector of projected Catalysts sales for 2023 through 2029. With Catalysts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Catalysts industry.

This Insight Report provides a comprehensive analysis of the global Catalysts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Catalysts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Catalysts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Catalysts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Catalysts.

The global Catalysts market size is projected to grow from US$ 24500 million in 2022 to US$ 28830 million in 2029; it is expected to grow at a CAGR of 28830 from 2023 to 2029.

Asia’s consumption of compounded catalysts is expected to increase, assisted by the growth in region’s population, improvement in infrastructure, and stable economic growth. Emerging markets such as China and India are expected to show the highest increase in demand for environmental catalysts and polymer products. Abundant coal-to-chemical processes and shale gas investment are expected to boost China’s growth rate during the forecast period. Rise in catalyst demand from Japan is projected to be more reserved, owing to the sustained shift of the manufacturing base to other Asian countries, and decrease in exports resulting from capacity increases in the Middle East, U.S., and the other Asian countries.

This report presents a comprehensive overview, market shares, and growth opportunities of Catalysts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Zeolites
Enzymes
Chemical Compounds
Metals

Segmentation by application
Petroleum Refining
Chemical Synthesis
Polymer Catalysis
Environmental
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF SE
Albemarle Corporation
Johnson Matthey PLC.
Evonik Industries AG.
DowDuPont
Clariant AG.
Dorf Ketal Chemicals Llc.
W.R. Grace & Company
Chevron Phillips Chemical Company LP.
Exxon Mobil Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Catalysts market?

What factors are driving Catalysts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Catalysts market opportunities vary by end market size?

How does Catalysts break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.