Industrial Catalyst Market 2019: Global Industry Share, Size, Trends, Growth, Demand and Forecast Till 2024

1. Global Industrial Catalyst Market Research Report and Forecast Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Industrial Catalyst Market Overview: According to the latest report by IMARC Group, titled “Industrial Catalyst Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global industrial catalyst market reached a value of US$ 18.8 Billion in 2018. Catalysts are substances that initiate or accelerate reactions by providing an alternative reaction pathway with lower activation energy than the uncatalyzed reaction. These reactions form the foundation of many industrial chemical processes. At present, there is a wide variety of catalysts available in the market which fulfill different economic, political and environmental demands. Such diversity allows users to choose catalysts according to the reaction conditions, temperatures, pressure and feedstocks involved. Further, these catalysts help in the production of improved oil fractions for clean fuels such as biodiesel, ethanol, natural gas and propane. Industrial Catalyst Market Trends The consequent rise in the demand from the automotive industry has led to the growth in the industrial catalyst market across the globe. Moreover, there has been a rise in the demand for nano-catalysts which are known for improving the catalytic process.

4. Report Description and Highlights Report Description They are majorly utilized in pharmaceuticals, chemicals, food processing, and oil and refinery industries. Apart from this, the overall demand for industrial catalysts is expected to be driven by the growing demand for petroleum products from the industrial and power generation sectors. Looking forward, the market value is projected to reach US$ 23.9 Billion by 2024, expanding at a CAGR of 3.9% during 2019-2024.

5. Report Description and Highlights Report Description • Over the past few years, the rising environmental concerns have increased the production of catalytic converters, a part of a car's emissions control system that helps in reducing toxic emissions. • Key Market Segmentation: • Market Segmentation by Type • Heterogenous Catalysts • Homogeneous Catalysts • Biocatalysts • The market has been segmented on the basis of types which include heterogeneous catalysts, homogeneous catalysts and biocatalysts. Amongst these, heterogeneous catalysts represent the largest segment. • Market Segmentation by Raw Material • Mixed Catalysts • Oxide Catalysts

6. Report Description and Highlights Report Description • Metallic Catalysts • Sulphide Catalysts • Organometallic Catalysts • Based on raw materials, the market has been categorized as mixed, oxide, metallic, sulphide and organometallic catalysts. Presently, mixed catalysts are the most popular raw material in the industry. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • On the geographical front, the market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Currently, Asia Pacific represents the largest region, holding the majority of the market share.

7. Report Description and Highlights Report Description • Market Segmentation by Application • Petroleum Refinery • Chemical Synthesis • Petrochemicals • Others • On the basis of applications, the market has been segregated into petroleum refinery, chemical synthesis and petrochemicals. Amongst these, petroleum refineries are the leading application segment. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Albemarle Corporation • Arkema • BASF Corporation

8. Report Description and Highlights Report Description • Clariant Ag • Evonik Industries Ag • Exxon Mobil Chemical Corporation • AkzoNobel N.V. • Chevron Phillips Chemical Company • The DOW Chemical Company • DuPont • For more information, click here: https://www.imarcgroup.com/industrial-catalyst-market

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10. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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