Catalysis Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Catalysis Market By Type (Heterogeneous, Homogenous) Raw Material (Chemical Compounds, Zeolites, Metals, Others), By Application (Petroleum Refining, Chemical Synthesis, Polymer Catalysis, Environmental and Others) and Geography

 

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Report

Description

Catalysis Market size is valued at USD 39.6 billion in 2021 and is expected to grow at a significant CAGR of 5.9% period 2022 to 2028. The global market provides a detailed overview of the Catalysis market and which can be segmented by type, raw material, application, and region. By type, the catalysis market has been segmented into heterogeneous, and homogenous. By type, the heterogenous catalysts accounted for the largest revenue share in 2021, and are expected to have progressive demand in this segment in the next few years owing to their enormous features, such as, they can easily be recovered, recycled, and exhibit ecologically friendly behavior. Furthermore, with their exceptional performance, heterogeneous catalysts are being used to produce biodiesel from non-edible oil and they have drawn interest from all across the world. By raw material, the Catalysis market has been segmented into chemical compounds, zeolites, metals, and others. By raw material, the zeolites segment held the largest revenue share of the catalysis market in past years and is expected to have the fastest growth rate over the forecasted period due to the increasing demand for zeolites-based catalysts across various industries.Based on the application, the segment has been segregated into petroleum refining, chemical synthesis, polymer catalysis, environmental, and others. The petroleum refining segment accounted for the largest revenue share in past years. A variety of catalysts have been developed and are frequently employed in petroleum refining operations to produce high-quality transportation gasoline as a result of advancements in preparation technologies. Some zeolites, including USY, ZSM-5, and MCM family, are employed to enhance the output of light olefins from crude oil with large molecular weights. By region, the North America market is expected to witness the highest market share during the forecast period owing to the well-established various industrial sectors, as well as the presence of major pharmaceutical companies, resulting in increased demand for catalysts. Demand for catalysts has increased as a result of supportive government regulations. For instance, the U.S. announced reducing economy-wide net greenhouse gas pollution by 50% to 52% from 2005 levels by 2030, founding a carbon-pollution-free power sector by 2035, and achieving net zero emissions economywide by no later than 2050 to combat the climate crisis and prevent most severe effects of climate change.

Key Development:

In Jan 2022, A new and highly efficient catalyst for propylene production was developed by Hokkaido University. Researchers have developed an innovative catalyst for the synthesis of propylene, which has potential benefits for the chemical industry and carbon recycling.

In May 2015, Chevron Philips Chemical Company and W.R. Grace and Co announced the launch of their collaboration with the establishment of Advanced Refining Technologies (ART). Advanced Refining Technologies is planning to build a residue hydro-processing catalysis plant in Louisiana, US with an investment of USD 135 million.

Catalysis Market

MARKET SUMMARY
-
5.9%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 5.9%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– North America

Catalysis Market

  • The report on catalysis market gives historical, current, and future market sizes on the basis of type, application, raw material and region.
  • The catalysis market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Key Players
  • Albemarle Corporation
  • Haldor Topsoe A/S
  • BASF SE
  • Arkema
  • Axens SA
  • Umicore
Catalysis Market Drivers

Increasing demand from the automobile industry due to shifting energy demands for alternative fuels including biodiesel, rising demand for petroleum refined products, petrochemicals, and chemical synthesis, as well as increasing demand for catalysts empowering the conversion of bio-derived feedstock into industrially relevant chemicals. Thus, these major factors are driving the market growth.


North-America Got Significant Share

Catalysis Market

Global catalysis market report gives comprehensive outlook on catalysis market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific contributed major revenue followed by North America and Europe. In 2019, Asia Pacific region accounted huge growth rate and is anticipated to grow with a forecast year. The domination of China’s automotive, petrochemical, rubber and chemical industries. North America is the second largest market. Increasing U.S. fuel consumption is expected to boost demand for catalysts used to convert heavy crude oil to light fractions such as kerosene, diesel, and fuel. The European Association of Catalyst Manufacturers (ECMA) encourages the use of catalysts in different industries to minimize emissions and reduce pollution.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The catalysis market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Catalysis Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The major drivers of the industry, such as the growing utilization in various sectors like petroleum refining, polymers, and others, increasing demand for environmental catalysts, and growing urbanization and industrialization are expected to propel the market growth.

The global Catalysis market size was estimated at USD 39.6 billion in 2021. Increasing usage of catalysts in various sectors, majorly in petroleum and refining sectors, as well as in pharma sectors. Further, an increase in shifting toward urbanization leads to a boost in the demand for the catalysis market.

The key market trends fuelling the growth of the industry include the changing energy patterns pertaining to renewable fuels and the increasing R&D activities.

Based on type, the heterogeneous segment is expected to account for the largest share of the Catalysis market during the forecast period, Heterogeneous catalysts have various benefits, including the ability to be reused, increased reaction rate and selectivity, simplicity in separating product and catalyst, and low cost. These factors have increased interest in the manufacture of solid phase transesterification catalysts. Furthermore, numerous industries, including the production of chemicals, energy-related applications, and environmental remediation, use heterogeneous catalysts.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Catalysis Market Introduction
    • Global Catalysis Market – Taxonomy
    • Global Catalysis Market –Definitions
      • Raw Material
      • Product Type
      • Application
  1. Global Catalysis Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Catalysis Market Dynamic Factors – Impact Analysis
    • Global Catalysis Market – Competition Landscape
    • Epidemiology
  2. Global Catalysis Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Catalysis Market, By Raw Material, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Chemical Compounds
      • Peroxides
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Acids
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Amines
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Others
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Metals
        • Precious Metals
          • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Base Metals
          • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Zeolites
          • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
        • Others
          • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
          • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
          • Market Opportunity Analysis
  1. Global Catalysis Market Forecast, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Heterogeneous
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Homogenous
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Catalysis Market Forecast, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Petroleum Refining
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Chemical Synthesis
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polymer Catalysis
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Environmental
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Catalysis Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Catalysis Market – Opportunity Analysis Index, By Raw Material, Product Type, Application and Region, 2020 – 2026
  2. North America Catalysis Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Raw Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Chemical Compounds
        • Peroxides
        • Acids
        • Amines
        • Others
      • Metals
        • Precious Metals
        • Base Metals
      • Zeolites
      • Others
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Heterogeneous
      • Homogenous
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Petroleum Refining
      • Chemical Synthesis
      • Polymer Catalysis
      • Environmental
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Catalysis Market – Opportunity Analysis Index, By Raw Material, Product Type, Application and Country, 2020 – 2026
    • North America Catalysis Market Dynamics – Trends
  3. Europe Catalysis Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Raw Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Chemical Compounds
        • Peroxides
        • Acids
        • Amines
        • Others
      • Metals
        • Precious Metals
        • Base Metals
      • Zeolites
      • Others
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Heterogeneous
      • Homogenous
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Petroleum Refining
      • Chemical Synthesis
      • Polymer Catalysis
      • Environmental
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Catalysis Market – Opportunity Analysis Index, By Raw Material, Product Type, Application and Country, 2020 – 2026
    • Europe Catalysis Market Dynamics – Trends
  4. Asia-Pacific Catalysis Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Raw Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Chemical Compounds
        • Peroxides
        • Acids
        • Amines
        • Others
      • Metals
        • Precious Metals
        • Base Metals
      • Zeolites
      • Others
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Heterogeneous
      • Homogenous
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Petroleum Refining
      • Chemical Synthesis
      • Polymer Catalysis
      • Environmental
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Catalysis Market – Opportunity Analysis Index, By Raw Material, Product Type, Application and Country, 2020 – 2026
    • Asia-Pacific Catalysis Market Dynamics – Trends
  5. Latin America Catalysis Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Raw Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Chemical Compounds
        • Peroxides
        • Acids
        • Amines
        • Others
      • Metals
        • Precious Metals
        • Base Metals
      • Zeolites
      • Others
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Heterogeneous
      • Homogenous
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Petroleum Refining
      • Chemical Synthesis
      • Polymer Catalysis
      • Environmental
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Catalysis Market – Opportunity Analysis Index, By Raw Material, Product Type, Application and Country, 2020 – 2026
    • Latin America Catalysis Market Dynamics – Trends
  6. Middle East and Africa Catalysis Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Raw Material Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Chemical Compounds
        • Peroxides
        • Acids
        • Amines
        • Others
      • Metals
        • Precious Metals
        • Base Metals
      • Zeolites
      • Others
    • Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Heterogeneous
      • Homogenous
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Petroleum Refining
      • Chemical Synthesis
      • Polymer Catalysis
      • Environmental
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Catalysis Market – Opportunity Analysis Index, By Raw Material, Product Type, Application and Country, 2020 – 2026
    • MEA Catalysis Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Raw Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Albemarle Corporation
      • Haldor Topsoe A/S
      • BASF SE
      • Evonik Industries AG
      • LyondellBasell Industries Holdings B.V.
      • Arkema
      • R. Grace & Co.-Conn.
      • Johnson Matthey Plc
      • Axens SA
      • Clariant International Ltd
      • Exxon Mobil Corporation
      • Umicore
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Albemarle Corporation
  • Haldor Topsoe A/S
  • BASF SE
  • Evonik Industries AG
  • LyondellBasell Industries Holdings B.V.
  • Arkema
  • R. Grace & Co.-Conn.
  • Johnson Matthey Plc
  • Axens SA
  • Clariant International Ltd
  • Exxon Mobil Corporation
  • Umicore

Description

Catalysis Market size is valued at USD 39.6 billion in 2021 and is expected to grow at a significant CAGR of 5.9% period 2022 to 2028. The global market provides a detailed overview of the Catalysis market and which can be segmented by type, raw material, application, and region. By type, the catalysis market has been segmented into heterogeneous, and homogenous. By type, the heterogenous catalysts accounted for the largest revenue share in 2021, and are expected to have progressive demand in this segment in the next few years owing to their enormous features, such as, they can easily be recovered, recycled, and exhibit ecologically friendly behavior. Furthermore, with their exceptional performance, heterogeneous catalysts are being used to produce biodiesel from non-edible oil and they have drawn interest from all across the world. By raw material, the Catalysis market has been segmented into chemical compounds, zeolites, metals, and others. By raw material, the zeolites segment held the largest revenue share of the catalysis market in past years and is expected to have the fastest growth rate over the forecasted period due to the increasing demand for zeolites-based catalysts across various industries.Based on the application, the segment has been segregated into petroleum refining, chemical synthesis, polymer catalysis, environmental, and others. The petroleum refining segment accounted for the largest revenue share in past years. A variety of catalysts have been developed and are frequently employed in petroleum refining operations to produce high-quality transportation gasoline as a result of advancements in preparation technologies. Some zeolites, including USY, ZSM-5, and MCM family, are employed to enhance the output of light olefins from crude oil with large molecular weights. By region, the North America market is expected to witness the highest market share during the forecast period owing to the well-established various industrial sectors, as well as the presence of major pharmaceutical companies, resulting in increased demand for catalysts. Demand for catalysts has increased as a result of supportive government regulations. For instance, the U.S. announced reducing economy-wide net greenhouse gas pollution by 50% to 52% from 2005 levels by 2030, founding a carbon-pollution-free power sector by 2035, and achieving net zero emissions economywide by no later than 2050 to combat the climate crisis and prevent most severe effects of climate change.

Key Development:

In Jan 2022, A new and highly efficient catalyst for propylene production was developed by Hokkaido University. Researchers have developed an innovative catalyst for the synthesis of propylene, which has potential benefits for the chemical industry and carbon recycling.

In May 2015, Chevron Philips Chemical Company and W.R. Grace and Co announced the launch of their collaboration with the establishment of Advanced Refining Technologies (ART). Advanced Refining Technologies is planning to build a residue hydro-processing catalysis plant in Louisiana, US with an investment of USD 135 million.

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