Quick Summary:
At the center of breakthroughs in the chemical processing industry is the global Chemical Processing Catalysts market, estimated to reach a significant US$18.6 billion milestone by 2030. The amplifying market demand coupled with an emerging potential for growth in this sector makes our market report an invaluable acquisition for senior executives.
Our market research report acts as a compass, guiding informed decision making with detailed analysis of influential trends, driving forces, and potential challenges. Furthermore, the report provides a comprehensive profiling of leading competitors, offering strategic insights into their market presence and activities. With an exclusive focus on the U.S and Chinese markets, you gain insights into their current market estimations and projected growth.
Additionally, the report works beyond static data, offering online interactive peer-to-peer collaborative bespoke updates, access to digital archives, our research platform, and complimentary updates for a year.
Global Chemical Processing Catalysts Market to Reach $18.6 Billion by 2030
The global market for Chemical Processing Catalysts estimated at US$13.2 Billion in the year 2022, is projected to reach a revised size of US$18.6 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Polymerization Catalysts, one of the segments analyzed in the report, is projected to record a 5.3% CAGR and reach US$9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Oxidation Catalysts segment is readjusted to a revised 3.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 7.6% CAGR
The Chemical Processing Catalysts market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$4 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.5 Billion by the year 2030.Select Competitors (Total 62 Featured) -
- Air Products and Chemicals, Inc.
- Albemarle Corporation
- BASF Catalysts LLC
- Clariant International
- Evonik Industries AG
- INEOS Group Holdings S.A
- Johnson Matthey plc
- LyondellBasell Industries N.V.
- W. R. Grace & Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Chemical Processing Catalysts?
What is the growth rate of the Global Market for Chemical Processing Catalysts?
What is the forecasted size of the Global Market for Chemical Processing Catalysts?
Who are the key companies in the Global Market for Chemical Processing Catalysts?
Report Attribute | Details |
---|---|
No. of Pages | 203 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 13.2 Billion |
Forecasted Market Value ( USD | $ 18.6 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Air Products and Chemicals, Inc.
- Albemarle Corporation
- BASF Catalysts LLC
- Clariant International
- Evonik Industries AG
- INEOS Group Holdings S.A
- Johnson Matthey plc
- LyondellBasell Industries N.V.
- W. R. Grace & Company