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Catalysts are an integral part of petroleum refining. They are used in various refinery processes like hydroprocessing, cracking, and reforming. Rising environmental awareness is leading to the adoption of green technologies. Growing need for efficient industrial processes is contributing high demand for catalysts.

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your catalystto a lucrative business catalyst

Your CatalystTo a Lucrative Business

Catalyst Market Share, Size, Analysis, Growth, Trends and Forecasts to

2020 | Hexa Research

“The total volumes in the global catalyst market in 2013

were 6,250 kilo tons. They are expected to grow at a CAGR

of 3.1% from 2014 to 2020.”

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


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.

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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.

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Table of Content of Catalyst Market

Executive Summary & Catalyst Market industry critical success factors

Industry Outlook

Industry Dynamics

Catalyst Market drivers

Catalyst Market restraints

Catalyst Market Key Market Opportunities

Catalyst Market Porters Analysis

Catalyst Market - PESTEL Analysis

Catalyst Market - Company Market Share Analysis

Catalyst Market Application Outlook

Catalyst Market Regional Outlook

Catalyst Market Company profiles

Research Methodology

Research scope & assumptions

List of data sources

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Your CatalystTo a Lucrative Business

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


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