Global Hydrogenation Catalyst Market Growth 2024-2030
Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen – is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Catalysts are required for the reaction to be usable; non-catalytic hydrogenation takes place only at very high temperatures. Hydrogenation reduces double and triple bonds in hydrocarbons.
The global Hydrogenation Catalyst market size is projected to grow from US$ 3883 million in 2024 to US$ 4850 million in 2030; it is expected to grow at a CAGR of 3.8% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Hydrogenation Catalyst Industry Forecast” looks at past sales and reviews total world Hydrogenation Catalyst sales in 2023, providing a comprehensive analysis by region and market sector of projected Hydrogenation Catalyst sales for 2024 through 2030. With Hydrogenation Catalyst sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogenation Catalyst industry.
This Insight Report provides a comprehensive analysis of the global Hydrogenation Catalyst 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 Hydrogenation Catalyst portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydrogenation Catalyst market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogenation Catalyst 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 Hydrogenation Catalyst.
The core manufacturers of global Hydrogenation Catalyst include Advanced Refining Technologies (ART), Shell Catalysts & Technologies and Albemarle, etc. The top three manufacturers account for approximately 37% of the global share. From the perspective of product type, transition metal based catalyst occupies the main position, accounting for 73% share. At the same time, in terms of application, refining is the largest downstream field, accounting for 51% share.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogenation Catalyst market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Transition Metal Based Catalyst
Noble Metal Based Catalyst
Other
Segmentation by Application:
Refining
Petrochemicals
Oil & Fat Hydrogenation
Other
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 analysing the company's coverage, product portfolio, its market penetration.
BASF
Clariant
Evonik
Advanced Refining Technologies (ART)
Criterion
Johnson Matthey
Axens
UOP
Haldor Topsoe
Albemarle
Sinopec
CNPC
SJEP
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogenation Catalyst market?
What factors are driving Hydrogenation Catalyst market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogenation Catalyst market opportunities vary by end market size?
How does Hydrogenation Catalyst break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.