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Press Release:
Industrial Catalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023
Catalysts are substances used for accelerating a chemical reaction without undergoing any change themselves. They are used in various industries such as chemical, pharmaceutical, oil-refining, petrochemical, organic synthesis, etc. These industries use the catalysts extensively to enhance various chemical processes, thereby, reducing both the energy usage and cost. Industrial catalysts also help in removing sulfur and nitrogen from petroleum products. Due to a pressure to make industrial processes cleaner and greener, new catalysts are being developed. According to the latest report by IMARC Group, “Industrial Catalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global industrial catalyst market reached a value of US$ 18 Billion in 2017.
Rising demand for chemical products, fuels and petroleum refining capacities are some of the major factors which are increasing the usage of industrial catalysts. A demand for eco-friendly fuels further propels the growth of the market as industrial catalysts help in meeting the fuel standards, increases operational efficiency and promotes clean fuel trends. Growing consumption of fuels and other chemical products has resulted in the rapid growth of the petroleum industry, thereby boosting the demand for industrial catalysts. Technological developments, rising urbanization and growing automation are the other factors driving the market growth. Further, the market is expected to reach a value of US$ 23 Billion by 2023, exhibiting a CAGR of 4.5% during 2018-2023.
The report has segmented the global industrial catalyst market on the basis of type, covering heterogenous catalysts, homogenous catalysts and biocatalysts. On the basis of raw material used, mixed catalysts represent the largest segment followed by oxide, metallic, sulphide and organo-metallic catalysts. The market is further analysed on the basis of key applications, where petroleum refinery accounts for the majority of the total share. It is followed by chemical synthesis, petrochemical and others. Region-wise, Asia-Pacific is the major market followed by North America, Europe, Latin America, and Middle East and Africa. Some of the key players operating in the market include Albemarle Corporation, Arkema, BASF Corporation, Clariant, Evonik and Industries, Exxon Mobil Chemical Corporation, AkzoNobel N.V., Chevron Phillips Chemical Company, DOW Chemical Company and DuPont.
This report provides a deep insight into the global industrial catalyst market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the industrial catalyst market in any manner.
Key Questions Answered in This Report:
- How has the global industrial catalyst market performed so far and how will it perform in the coming years?
- What are the key regions in the global industrial catalyst market?
- What are the key application segments in the global industrial catalyst market?
- Which are the popular product types in the global industrial catalyst market?
- What are the various stages in the value chain of the global industrial catalyst market?
- What are the key driving factors and challenges in the global industrial catalyst market?
- What is the structure of the global industrial catalyst market and who are the key players?
- What is the degree of competition in the global industrial catalyst market?
- How are industrial catalysts manufactured?
- What are the import and export trends of industrial catalysts?
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 Properties
4.3 Key Industry Trends
5 Global Industrial Catalyst Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by Raw Material
5.5 Market Breakup by Region
5.6 Market Breakup by Application
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Type
6.1 Heterogenous Catalysts
6.2 Homogeneous Catalysts
6.3 Biocatalysts
7 Market Breakup by Raw Material
7.1 Mixed Catalysts
7.2 Oxide Catalysts
7.3 Metallic Catalysts
7.4 Sulphide Catalysts
7.5 Organometallic Catalysts
8 Market Breakup by Application
8.1 Petroleum Refinery
8.2 Chemical Synthesis
8.3 Petrochemicals
8.4 Others
9 Market Breakup by Region
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East and Africa
10 Imports and Exports
10.1 Imports by Major Countries
10.2 Exports by Major Countries
11 Industrial Catalyst Manufacturing Process
11.1 Product Overview
11.2 Raw Material Requirements
11.3 Manufacturing Process
11.4 Key Success and Risk Factors
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players
12.3 Profiles of Key Players
12.3.1 Albemarle Corporation
12.3.2 Arkema
12.3.3 BASF Corporation
12.3.4 Clariant Ag
12.3.5 Evonik Industries Ag
12.3.6 Exxon Mobil Chemical Corporation
12.3.7 AkzoNobel N.V.
12.3.8 Chevron Phillips Chemical Company
12.3.9 The DOW Chemical Company
12.3.10 DuPont
List of Figures
Figure 1: Global: Industrial Catalyst Market: Major Drivers and Challenges
Figure 2: Global: Industrial Catalysts Market: Sales Value (in Million US$), 2010-2017
Figure 3: Global: Industrial Catalyst Market: Breakup by Type (in %), 2017
Figure 4: Global: Industrial Catalyst Market: Breakup by Raw Material (in %), 2017
Figure 5: Global: Industrial Catalyst Market: Breakup by Region (in %), 2017
Figure 6: Global: Industrial Catalyst Market: Breakup by Application (in %), 2017
Figure 7: Global: Industrial Catalyst Market Forecast: Sales Value (in Million US$), 2018-2023
Figure 8: Global Industrial Catalyst Industry: SWOT Analysis
Figure 9: Global Industrial Catalyst Industry: Value Chain Analysis
Figure 10: Global: Industrial Catalyst Industry: Porter’s Five Forces Analysis
Figure 11: Global: Heterogenous Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 12: Global: Homogeneous Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 13: Global: Biocatalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 14: Global: Mixed Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 15: Global: Oxide Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 16: Global: Metallic Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 17: Global: Sulphide Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 18: Global: Organometallic Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 19: Global: Industrial Catalyst Market (Applications in Petroleum Refinery): Sales Value (in Million US$), 2010, 2017 & 2023
Figure 20: Global: Industrial Catalyst Market (Applications in Chemical Synthesis) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 21: Global: Industrial Catalyst Market (Applications in Petrochemicals) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 22: Global: Industrial Catalyst Market (All Other Applications) Sales Value (in Million US$), 2010, 2017 & 2023
Figure 23: North America: Industrial Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 24: Europe: Industrial Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 25: Asia Pacific: Industrial Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 26: Latin America: Industrial Catalyst Market: Sales Volume (in Million US$), 2010, 2017 & 2023
Figure 27: Middle East and Africa: Industrial Catalyst Market: Sales Value (in Million US$), 2010, 2017 & 2023
Figure 28: Global: Industrial Catalyst: Import Breakup by Country (in %)
Figure 29: Global: Industrial Catalyst: Export Breakup by Country (in %)
Figure 30: Industrial Catalyst Manufacturing Process: Process Flow
List of Tables
Table 1: Industrial Catalyst: General Properties
Table 2: Global: Industrial Catalyst Market: Key Industry Highlights, 2017 and 2023
Table 3: Global: Industrial Catalyst Market Forecast: Breakup by Type (in Million US$), 2018-2023
Table 4: Global: Industrial Catalyst Market Forecast: Breakup by Raw Material (in Million US$), 2018-2023
Table 5: Global: Industrial Catalyst Market Forecast: Breakup by Application (in Million US$), 2018-2023
Table 6: Global: Industrial Catalyst Market Forecast: Breakup by Region (in Million US$), 2018-2023
Table 7: Global: Industrial Catalyst: Import Data by Country
Table 8: Global: Industrial Catalyst: Export Data by Country
Table 9: Industrial Catalyst: Raw Material Requirements
Table 10: Global: Industrial Catalyst Market Structure
Table 11: Global: Industrial Catalyst Market: Key Players
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