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Catalysis is the increase in the rate of a chemical reaction due to the participation of an additional substance called a catalyst, which is not consumed in the catalyzed reaction and can continue to act repeatedly. Often only tiny amounts of catalyst are required in principle.
Asia’s consumption of compounded catalysts is expected to increase, assisted by the growth in region’s population, improvement in infrastructure, and stable economic growth. Emerging markets such as China and India are expected to show the highest increase in demand for environmental catalysts and polymer products. Abundant coal-to-chemical processes and shale gas investment are expected to boost China’s growth rate during the forecast period. Rise in catalyst demand from Japan is projected to be more reserved, owing to the sustained shift of the manufacturing base to other Asian countries, and decrease in exports resulting from capacity increases in the Middle East, U.S., and the other Asian countries.
Market Analysis and Insights: Global Catalysts Market
The global Catalysts market is valued at US$ 25040 million in 2019. The market size will reach US$ 29350 million by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.
Global Catalysts Scope and Segment
Catalysts market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Catalysts market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Zeolites
Enzymes
Chemical Compounds
Metals
Segment by Application
Petroleum Refining
Chemical Synthesis
Polymer Catalysis
Environmental
Others
By Company
BASF SE
Albemarle Corporation
Johnson Matthey PLC.
Evonik Industries AG.
DowDuPont
Clariant AG.
Dorf Ketal Chemicals Llc.
W.R. Grace & Company
Chevron Phillips Chemical Company LP.
Exxon Mobil Corporation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Asia’s consumption of compounded catalysts is expected to increase, assisted by the growth in region’s population, improvement in infrastructure, and stable economic growth. Emerging markets such as China and India are expected to show the highest increase in demand for environmental catalysts and polymer products. Abundant coal-to-chemical processes and shale gas investment are expected to boost China’s growth rate during the forecast period. Rise in catalyst demand from Japan is projected to be more reserved, owing to the sustained shift of the manufacturing base to other Asian countries, and decrease in exports resulting from capacity increases in the Middle East, U.S., and the other Asian countries.
Market Analysis and Insights: Global Catalysts Market
The global Catalysts market is valued at US$ 25040 million in 2019. The market size will reach US$ 29350 million by the end of 2026, growing at a CAGR of 2.3% during 2021-2026.
Global Catalysts Scope and Segment
Catalysts market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Catalysts market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Zeolites
Enzymes
Chemical Compounds
Metals
Segment by Application
Petroleum Refining
Chemical Synthesis
Polymer Catalysis
Environmental
Others
By Company
BASF SE
Albemarle Corporation
Johnson Matthey PLC.
Evonik Industries AG.
DowDuPont
Clariant AG.
Dorf Ketal Chemicals Llc.
W.R. Grace & Company
Chevron Phillips Chemical Company LP.
Exxon Mobil Corporation
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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