Heterogeneous Catalyst Market Report 2026

The heterogeneous catalyst market size has grown strongly in recent years. It will grow from $29.44 billion in 2025 to $31.13 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to expansion of petroleum refining activities, growth of chemical manufacturing, increased use of catalysts in emission control, availability of advanced catalytic materials, industrial process optimization needs.

The heterogeneous catalyst market size is expected to see strong growth in the next few years. It will grow to $38.06 billion in 2030 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to increasing demand for low-emission industrial processes, rising investment in green chemistry solutions, expansion of hydrogen production applications, growing adoption of sustainable catalysts, advancements in catalyst material science. Major trends in the forecast period include growing adoption of high-efficiency industrial catalysts, expansion of environmental catalysis applications, rising use of zeolite-based catalysts, increasing focus on catalyst recyclability, product innovation in nanocatalysts.

The increasing demand for chemicals is expected to propel the growth of the heterogeneous catalyst market going forward. Chemicals are substances composed of different types of matter that interact or combine to create new materials or induce changes in other substances. The growing demand for chemicals is driven by rising requirements from the manufacturing, pharmaceutical, and agriculture industries, technological innovations, and a shift toward sustainable practices and green technologies. Heterogeneous catalysts play a critical role in meeting this growing demand by improving the efficiency, cost-effectiveness, scalability, and environmental sustainability of chemical processes across multiple industries. For instance, in July 2025, according to the U.S. Bureau of Labor Statistics, a US-based government statistics source, the total export value of U.S. chemical manufacturing products reached $285.4 billion in 2024, marking a 2.6% increase compared to 2023. Therefore, the increasing demand for chemicals is driving the growth of the heterogeneous catalyst market.

Key players in the heterogeneous catalyst market are dedicated to innovating products, such as propane dehydrogenation (PDH) catalysts, to augment their performance in industrial-scale propylene production. PDH catalysts are instrumental in converting propane into propylene by hydrogen removal. For instance, Clariant, a Switzerland-based chemical company, unveiled CATOFIN 312 in April 2024, its latest propane dehydrogenation catalyst. CATOFIN 312, a component of Clariant's CATOFIN technology renowned for producing olefins such as propylene, isobutylene, and butylene/butadiene. This technology amalgamates Clariant's bespoke catalysts and Heat Generating Material (HGM) with Lummus's advanced process, establishing it as one of the swiftly expanding propylene production technologies.

In November 2023, Phillips Carbon Black Ltd., an India-based carbon black manufacturer, acquired Aquapharm Chemicals Pvt. Ltd. (ACPL) for $455.5 million (₹3,800 crore). This acquisition aims to broaden Phillips Carbon Black Ltd.'s specialty chemicals portfolio with diverse products, including phosphonates, biodegradable chelating agents, polymers, biocides, and oil field chemicals. ACPL, an India-based chemical company, specializes in manufacturing heterogeneous catalysts.

Major companies operating in the heterogeneous catalyst market are Shell Plc, BASF SE, ExxonMobil Chemical, Rio Tinto Ltd., SABIC Corp., LyondellBasell Industries Holdings B.V., Honeywell International Inc., Heraeus Group, Evonik Industries AG, Johnson Matthey Plc, Sinopec Group, Solvay SA, DuPont de Nemours Inc, Arkema Group, INEOS Group AG, Albemarle Corporation, Clariant International AG, JGC Catalysts and Chemicals Ltd, Umicore NV, Haldor Topsoe A/S, Axens SA, Gelest Inc., Zeolyst International Inc, AGGARWAL Chempack Industries Private Limited, W.R. Grace & Co.

Asia-Pacific was the largest region in the heterogeneous catalyst market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heterogeneous catalyst market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the heterogeneous catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The heterogeneous catalyst market consists of sales of bimetallic catalysts, acid-base catalysts, and zeolite catalysts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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