1 / 2

Catalyst Market Global Professional Survey and In-depth Analysis Research Report Forecast to 2020

A recent study by Hexa Research notes that the worldwide demand for the catalyst market in 2013 was about 6,250 kilo tons.

Jitendra_Magar
Download Presentation

Catalyst Market Global Professional Survey and In-depth Analysis Research Report Forecast to 2020

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Your Catalyst to a Lucrative Business Catalyst Market Share, Size,Growth, Key Players, Outlook and Forecasts to 2020 | Hexa Research “Chemical compounds are projected to grow the fastest, at a CAGR of 3.3% from 2014 to 2020” 23 October 2018 A catalyst is a substance that accelerates a chemical reaction and retains its original composition. A recent study by Hexa Research notes that the worldwide demand for the catalyst market in 2013 was about 6,250 kilo tons. It is expected to grow at a CAGR of 3.1% from 2014 to 2020. By 2020, the volumes will exceed 7,750 kilo tons. Petroleum refining is rising due to energy demand. This coupled with increasing focus on green technologies is generating high demand for catalysts. Environmental regulations in different parts of the world lay emphasis on emission control. This has altered several manufacturing processes across industries. Catalysts help in making processes efficient and are therefore witnessing high demand. Since catalysts are widely used in chemical synthesis, any growth in the chemical manufacturing sector translates into corresponding growth for the catalyst market. Precious metals are widely used as catalysts. Volatility in their pricing adversely affects the market. Depleting crude oil reserves will result in a drop in the number of petroleum refineries. This will again have a negative market impact. Browse Details of Report @ https://www.hexaresearch.com/research-report/catalyst-market-industry Follow Us:

  2. Your Catalyst to a Lucrative Business Hexa Research also divides the market on the basis of materials, products, applications, and regions. The materials segment encompasses metals, zeolites, chemical compounds, and others. Chemical compounds dominated the catalyst market in 2013. They contributed more than 40% to the total volumes and are cheaper than zeolites and metals. Chemical compounds are projected to grow the fastest, at a CAGR of 3.3% from 2014 to 2020. The market is segmented in view of products into homogeneous, and heterogeneous. Heterogeneous catalysts possess augmented significance in view of their use in various industry verticals. Homogeneous catalysts are estimated to grow further. Catalysts find applications in refinery, chemical, polymer, stationery, automotive, and environmental sectors. Chemical, with a contribution of 1,790 kilo tons in volumes, was the leading application in 2013. This may be attributed to growth in chemical manufacturing, particularly in Latin America and Asia Pacific. With respect to regions, the Asian Pacific catalyst market accounted for the highest demand, i.e. more than 33% in 2013. Europe will generate moderate demand for environmental catalysts in the years ahead. North America will be driven by petroleum refining. The dominating market participants are Evonik Industries AG, Clariant International Ltd., Albemarle Corporation, INEOS Group Ltd., and Zeolyst International Inc. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/catalysts-and- enzymes-industry About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - https://www.hexaresearch.com Follow Us:

More Related