The global industrial catalyst market reached a value of US$ 19.5 Billion in 2019. Catalysts are substances that are utilized in large quantities for accelerating chemical reactions between two substances without undergoing physical or chemical changes themselves. They enhance chemical processes and minimize cost and energy usage. Apart from this, they assist in the production of improved oil fractions for clean fuels, such as biodiesel, ethanol, natural gas and propane. As a result, they find a wide range of applications, including petrochemical production, petroleum refining, polymer processing, environment protection reactions, and synthesis of bulk chemicals.
Catalysts are employed in the petroleum industry for improving product yields as most of the processes undertaken in refineries are catalytic in nature. With the escalating demand for petroleum-based products, especially from the industrial and power generation sectors, the market is currently experiencing steady growth. Apart from this, there is an increase in the manufacturing of catalytic converters that are utilized in the emission control system of automobiles to minimize toxic emissions. This can be accredited to the growing environmental concerns, in confluence with the implementation of stringent regulations by governing agencies of numerous countries. Furthermore, the burgeoning automotive industry is also fueling the growth of the industrial catalyst market growth. Moreover, there has been a rise in the demand for nano-catalysts that help in improving the catalytic process in the pharmaceuticals and food processing industries across the globe. Looking forward, IMARC Group expects the market value to reach US$ 24.3 Billion by 2025, growing at a CAGR of 3.7% during 2020-2025.
Breakup by Product Type:
- Heterogeneous Catalysts
- Homogeneous Catalysts
- Biocatalysts
Heterogeneous catalysts exhibit a clear dominance in the market.
Breakup by Raw Material:
- Mixed
- Oxide
- Metallic
- Sulfide
- Organometallic
Mixed catalysts account for the majority of the total market share.
Breakup by Application:
- Petroleum Refinery
- Chemical Synthesis
- Petrochemicals
- Others
At present, petroleum refineries hold the largest market share.
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
Asia Pacific currently enjoys the leading position in the market.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Albemarle Corporation, Arkema S.A., BASF Corporation, Clariant AG, Evonik Industries AG, Exxon Mobil Chemical Corporation, Akzo Nobel N.V., Chevron Phillips Chemical Company, The DOW Chemical Company, and DuPont de Nemours, Inc.
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 industry?
- What are the key application segments in the industry?
- Which are the popular product types in the industry?
- 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 market and who are the key players?
- What is the degree of competition in the industry?
- 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
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Homogeneous Catalysts
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Biocatalysts
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Raw Material
7.1 Mixed Catalysts
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Oxide Catalysts
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Metallic Catalysts
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Sulphide Catalysts
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Organometallic Catalysts
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Application
8.1 Petroleum Refinery
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Chemical Synthesis
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Petrochemicals
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 Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Latin America
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Forecast
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 Billion US$), 2012-2019
Figure 3: Global: Industrial Catalyst Market: Breakup by Type (in %), 2019
Figure 4: Global: Industrial Catalyst Market: Breakup by Raw Material (in %), 2019
Figure 5: Global: Industrial Catalyst Market: Breakup by Region (in %), 2019
Figure 6: Global: Industrial Catalyst Market: Breakup by Application (in %), 2019
Figure 7: Global: Industrial Catalyst Market Forecast: Sales Value (in Billion US$), 2020-2025
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$), 2012 & 2019
Figure 12: Global: Heterogenous Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Homogeneous Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 14: Global: Homogeneous Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Biocatalysts Market: Sales Value (in Million US$), 2012 & 2019
Figure 16: Global: Biocatalysts Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Mixed Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 18: Global: Mixed Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Oxide Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 20: Global: Oxide Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Metallic Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 22: Global: Metallic Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Sulphide Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 24: Global: Sulphide Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Organometallic Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 26: Global: Organometallic Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Industrial Catalyst Market (Application in Petroleum Refinery): Sales Value (in Million US$), 2012 & 2019
Figure 28: Global: Industrial Catalyst Market Forecast (Application in Petroleum Refinery): Sales Value (in Million US$), 2020-2025
Figure 29: Global: Industrial Catalyst Market (Application in Chemical Synthesis): Sales Value (in Million US$), 2012 & 2019
Figure 30: Global: Industrial Catalyst Market Forecast (Application in Chemical Synthesis): Sales Value (in Million US$), 2020-2025
Figure 31: Global: Industrial Catalyst Market (Application in Petrochemicals): Sales Value (in Million US$), 2012 & 2019
Figure 32: Global: Industrial Catalyst Market Forecast (Application in Petrochemicals): Sales Value (in Million US$), 2020-2025
Figure 33: Global: Industrial Catalyst Market (Other Applications): Sales Value (in Million US$), 2012 & 2019
Figure 34: Global: Industrial Catalyst Market Forecast (Other Applications): Sales Value (in Million US$), 2020-2025
Figure 35: North America: Industrial Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 36: North America: Industrial Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: Europe: Industrial Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 38: Europe: Industrial Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Asia Pacific: Industrial Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 40: Asia Pacific: Industrial Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Latin America: Industrial Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 42: Latin America: Industrial Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: Middle East and Africa: Industrial Catalyst Market: Sales Value (in Million US$), 2012 & 2019
Figure 44: Middle East and Africa: Industrial Catalyst Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Global: Industrial Catalyst: Import Breakup by Country (in %)
Figure 45: Global: Industrial Catalyst: Export Breakup by Country (in %)
Figure 46: Industrial Catalyst Manufacturing Process: Detailed Process Flow
List of Tables
Table 1: Industrial Catalyst: General Properties
Table 2: Global: Industrial Catalyst Market: Key Industry Highlights, 2019 and 2025
Table 3: Global: Industrial Catalyst Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 4: Global: Industrial Catalyst Market Forecast: Breakup by Raw Material (in Million US$), 2020-2025
Table 5: Global: Industrial Catalyst Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Industrial Catalyst Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Industrial Catalyst: Import Data by Country
Table 8: Global: Industrial Catalyst: Export Data by Country
Table 9: Industrial Catalyst Manufacturing: Raw Material Requirements
Table 10: Global: Industrial Catalyst Market: Competitive Structure
Table 11: Global: Industrial Catalyst Market: Key Players