Global Industrial Catalyst Market Growth 2025-2031

Global Industrial Catalyst Market Growth 2025-2031

The global Industrial Catalyst market size is predicted to grow from US$ 17040 million in 2025 to US$ 20480 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.

Industrial catalysts are essential substances that accelerate chemical reactions without being consumed in the process. They play a pivotal role in enhancing the efficiency of various industrial processes by reducing energy consumption and increasing reaction rates. Catalysts are widely used across industries such as petrochemicals, refining, pharmaceuticals, polymers, and environmental applications like emissions control. These substances are typically classified based on their chemical composition, including metals, metal oxides, zeolites, enzymes, and nanomaterials. By optimizing reaction conditions, industrial catalysts help industries achieve higher productivity, reduce waste, and contribute to more sustainable and eco-friendly production processes.

Current Market Development

The global industrial catalyst market is witnessing significant growth, driven by the increasing demand for efficient and cost-effective manufacturing processes. Asia-Pacific is the largest market for industrial catalysts, holding approximately 38% of the global market share. This dominance is primarily due to the rapid industrialization and expanding chemical and petrochemical sectors in countries like China, India, and Japan. North America is the second-largest market, accounting for around 31% of the global share, supported by strong demand in industries such as oil refining, chemical manufacturing, and environmental technologies. Key manufacturers in the global industrial catalyst market include industry giants like BASF, Johnson Matthey, Clariant, UOP (Honeywell), and Grace. These companies are continuously investing in research and development to create more advanced and sustainable catalyst solutions. Their innovations include catalysts that perform under harsher conditions, have longer lifespans, and exhibit higher selectivity, making industrial processes more efficient.

Market Trends and Outlook

The future of the industrial catalyst market looks promising, as increasing environmental regulations and the global shift towards sustainable manufacturing are pushing for cleaner and more efficient processes. Leading companies such as Evonik Industries, Shell, Sinopec, and Lyondell Basell Industries are focusing on developing new catalysts that support green technologies, such as catalysts for renewable energy production, biofuels, and carbon capture. In addition to traditional applications in refining and petrochemicals, industrial catalysts are gaining traction in emerging sectors like hydrogen production, fuel cells, and waste-to-energy conversion. Companies like Ineos and Univation Technologies are also expanding their product portfolios to cater to the growing demand for catalysts used in the production of specialty chemicals, plastics, and polymers. The increasing adoption of nanotechnology is another trend shaping the market, as nanocatalysts offer superior performance due to their large surface area and enhanced reactivity. Overall, the industrial catalyst market is set for steady growth, driven by technological advancements, regulatory pressure, and the expanding industrial base in emerging economies.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Catalyst Industry Forecast” looks at past sales and reviews total world Industrial Catalyst sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Catalyst sales for 2025 through 2031. With Industrial Catalyst sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Catalyst industry.

This Insight Report provides a comprehensive analysis of the global Industrial 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 Industrial Catalyst portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Catalyst market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial 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 Industrial Catalyst.

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

Segmentation by Type:
Metal Catalysts
Composite Catalysts
Organic Catalysts
Solid Acid Catalysts
Others

Segmentation by Application:
Petroleum Refining
Polyolefin
Chemical Synthesis
Coal Chemical
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 analysing the company's coverage, product portfolio, its market penetration.
BASF
Johnson Matthey
Clariant
UOP
Grace
Evonik Industries
Shell Catalysts & Technologies
Sasol
Axens
Lyondell Basell Industries
Ketjen Corporation
Ineos
JGC Catalysts and Chemicals
Univation Technologies
Heraeus
TANAKA Precious Metal
Umicore
Dow
Cormetech
Hitachi Zosen
Ceram-Ibiden
Sinopec
CNPC
Kaili Catalyst New Materials
Hcpect
Yueyang Sciensun Chemical
Rezel Catalysts Corporation
Synfuels China
Hebei Xinpeng Chemical Industry
Sinochem Chemical
Shandong Qilu Keli Chemical Institute
Qingdao Lianxin Catalytic Materials
ZiBo Luyuan Industrial Catalyst
Haiso Technology
Jiangxi Huihua Technology
CAS KERRY
Sichuan Shutai
Dalian Kaitly Catalysis
Xingyun Chem

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Catalyst market?

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

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

How do Industrial Catalyst market opportunities vary by end market size?

How does Industrial Catalyst break out by Type, by Application?