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Catalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global catalyst market size reached US$ 36.26 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 48.09 Billion by 2027, exhibiting a growth rate (CAGR) of 4.70% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Catalysts are substances that are deployed in small quantities to alter and stimulate the speed of chemical reactions by lowering and raising the activation energy required for the procedure. They can be reused post-treatment and do not undergo any thermodynamic changes during reactions. Catalysts assists in transforming raw materials into various useful manufactured products, enhancing air quality by controlling emissions, developing catalytic solutions to exchange chlorine-based intermediate for chemical synthesis, mitigating volatile organic compounds (VOCs), and removing massive waste compounds. Based on these properties, they find extensive applications in chemical synthesis, petroleum refining, petrochemical formulation, and polymer catalysis. At present, they are mainly available in zeolites, metals, chemical compounds, enzymes, and organometallic material types.

Catalyst Market Trends:

The rapid expansion in the chemical and polymer manufacturing sectors and the ongoing establishment of petrol refining capacities have facilitated the widespread adoption of catalysts for chemical process optimization and improved product yield. This represents the major factor driving the market growth. In line with this, the implementation of green initiatives by governments, owing to rising environmental concerns, has prompted original equipment manufacturers (OEMs) to incorporate multiple catalysts, such as platinum, palladium, and rhodium in automobiles, which is acting as another growth-inducing factor. These solutions assist in mitigating nitrogen oxides (NOx), sulfur oxides (SOx), and carbon emissions. Additionally, the extensive utilization of catalysts to convert bio-derived feedstock into industry-relevant chemicals is supplementing the product demand. Moreover, the increasing refining of methanol and polyolefins and the escalating need for petroleum-based products has intensified the uptake of industrial catalyst to design petroleum-based consumer goods, which is propelling the market growth. Apart from this, the extensive product employment to produce biochemicals and significant investments in research and development (R&D) activities to enhance catalyst efficiency are positively augmenting the market growth. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global catalyst market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, process, raw material and application.

Breakup by Type:

  • Heterogeneous Catalyst
  • Homogeneous Catalyst
     

Breakup by Process:

  • Recycling
  • Regeneration
  • Rejuvenation
     

Breakup by Raw Material:

  • Chemical Compounds
    • Peroxides
    • Acids
    • Amines
    • Others
  • Metals
    • Precious Metals
    • Base Metals
  • Zeolites
  • Others
     

Breakup by Application:

  • Chemical Synthesis
    • Chemical Catalysts
    • Adsorbents
    • Syngas Production
    • Others
  • Petroleum Refining
    • Fluid Catalytic Cracking (FCC)
    • Alkylation
    • Hydrotreating 
    • Catalytic Reforming 
    • Purification
    • Bed Grading
    • Others 
  • Polymers and Petrochemicals
    • Ziegler Natta
    • Reaction Initiator
    • Chromium
    • Urethane
    • Solid Phosphorous Acid Catalyst
    • Others
  • Environmental
    • Light-duty Vehicles
    • Motorcycles
    • Heavy-duty Vehicles 
    • Others
       

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Albemarle Corporation, Arkema S.A., Axens SA, BASF SE, Chevron Phillips Chemical Company LLC, Clariant AG, Dow Inc., Evonik Industries AG, Exxon Mobil Corporation, Honeywell International Inc., Johnson Matthey, Shell plc, W. R. Grace and Co. (Standard Industries Inc.) and Zeolyst International Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Process, Raw Material, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Albemarle Corporation, Arkema S.A., Axens SA, BASF SE, Chevron Phillips Chemical Company LLC, Clariant AG, Dow Inc., Evonik Industries AG, Exxon Mobil Corporation, Honeywell International Inc., Johnson Matthey, Shell plc, W. R. Grace and Co. (Standard Industries Inc.) and Zeolyst International Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global catalyst market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global catalyst market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the process?
  • What is the breakup of the market based on the raw material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global catalyst market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Catalyst Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Heterogeneous Catalyst
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Homogeneous Catalyst
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Process
    7.1    Recycling
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Regeneration
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Rejuvenation
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Raw Material
    8.1    Chemical Compounds
        8.1.1 Market Trends
        8.1.2 Key Segments
           8.1.2.1 Peroxides
           8.1.2.2 Acids
           8.1.2.3 Amines
           8.1.2.4 Others
        8.1.3 Market Forecast
    8.2    Metals
        8.2.1 Market Trends
        8.2.2 Key Segments
           8.2.2.1 Precious Metals
           8.2.2.2 Base Metals
        8.2.3 Market Forecast
    8.3    Zeolites
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Application
    9.1    Chemical Synthesis
        9.1.1 Market Trends
        9.1.2 Key Segments
           9.1.2.1 Chemical Catalysts
           9.1.2.2 Adsorbents
           9.1.2.3 Syngas Production
           9.1.2.4 Others
        9.1.3 Market Forecast
    9.2    Petroleum Refining
        9.2.1 Market Trends
        9.2.2 Key Segments
           9.2.2.1 Fluid Catalytic Cracking (FCC)
           9.2.2.2 Alkylation
           9.2.2.3 Hydrotreating 
           9.2.2.4 Catalytic Reforming
           9.2.2.5 Purification
           9.2.2.6 Bed Grading
           9.2.2.7 Others
        9.2.3 Market Forecast
    9.3    Polymers and Petrochemicals
        9.3.1 Market Trends
        9.3.2 Key Segments
           9.3.2.1 Ziegler Natta
           9.3.2.2 Reaction Initiator 
           9.3.2.3 Chromium
           9.3.2.4 Urethane
           9.3.2.5 Solid Phosphorous Acid Catalyst 
            9.3.2.6 Others
        9.3.3 Market Forecast
    9.4    Environmental
        9.4.1 Market Trends
        9.4.2 Key Segments
           9.4.2.1 Light-duty Vehicles
           9.4.2.2 Motorcycles 
           9.4.2.3 Heavy-duty Vehicles
            9.4.2.4 Others
        9.4.3 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Albemarle Corporation
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Arkema S.A.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Axens SA
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    BASF SE
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Chevron Phillips Chemical Company LLC
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 SWOT Analysis
        15.3.6    Clariant AG
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
        15.3.7    Dow Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Evonik Industries AG
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Exxon Mobil Corporation
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    Honeywell International Inc.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Johnson Matthey
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Shell plc
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
           15.3.12.3 Financials
        15.3.13    W. R. Grace and Co. (Standard Industries Inc.)
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio
           15.3.13.3 SWOT Analysis
        15.3.14    Zeolyst International Inc.
           15.3.14.1 Company Overview
           15.3.14.2 Product Portfolio

List of Figures

Figure 1: Global: Catalyst Market: Major Drivers and Challenges
Figure 2: Global: Catalyst Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Catalyst Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Catalyst Market: Breakup by Type (in %), 2021
Figure 5: Global: Catalyst Market: Breakup by Process (in %), 2021
Figure 6: Global: Catalyst Market: Breakup by Raw Material (in %), 2021
Figure 7: Global: Catalyst Market: Breakup by Application (in %), 2021
Figure 8: Global: Catalyst Market: Breakup by Region (in %), 2021
Figure 9: Global: Catalyst (Heterogeneous Catalyst) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Catalyst (Heterogeneous Catalyst) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Catalyst (Homogeneous Catalyst) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Catalyst (Homogeneous Catalyst) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Catalyst (Recycling) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Catalyst (Recycling) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Catalyst (Regeneration) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Catalyst (Regeneration) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Catalyst (Rejuvenation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Catalyst (Rejuvenation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Catalyst (Chemical Compounds) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Catalyst (Chemical Compounds) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Catalyst (Metals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Catalyst (Metals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Catalyst (Zeolites) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Catalyst (Zeolites) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Catalyst (Other Raw Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Catalyst (Other Raw Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Catalyst (Chemical Synthesis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Catalyst (Chemical Synthesis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Catalyst (Petroleum Refining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Catalyst (Petroleum Refining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Catalyst (Polymers and Petrochemicals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Catalyst (Polymers and Petrochemicals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Catalyst (Environmental) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Catalyst (Environmental) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: North America: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: North America: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: United States: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Canada: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Canada: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Asia-Pacific: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Asia-Pacific: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: China: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: China: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Japan: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Japan: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: India: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: India: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: South Korea: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: South Korea: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Australia: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Australia: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Indonesia: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Indonesia: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Others: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Others: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Europe: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Europe: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Germany: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Germany: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: France: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: France: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: United Kingdom: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: United Kingdom: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Italy: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Italy: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Spain: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Spain: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Russia: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Russia: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Latin America: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Latin America: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Brazil: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Brazil: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Mexico: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Mexico: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Middle East and Africa: Catalyst Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Middle East and Africa: Catalyst Market: Breakup by Country (in %), 2021
Figure 83: Middle East and Africa: Catalyst Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Global: Catalyst Industry: SWOT Analysis
Figure 85: Global: Catalyst Industry: Value Chain Analysis
Figure 86: Global: Catalyst Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Catalyst Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Catalyst Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Catalyst Market Forecast: Breakup by Process (in Million US$), 2022-2027
Table 4: Global: Catalyst Market Forecast: Breakup by Raw Material (in Million US$), 2022-2027
Table 5: Global: Catalyst Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Catalyst Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Catalyst Market: Competitive Structure
Table 8: Global: Catalyst Market: Key Players


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