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Industrial Catalysts - Global Market Trajectory & Analytics

  • ID: 5140804
  • Report
  • April 2021
  • Region: Global
  • 383 Pages
  • Global Industry Analysts, Inc
Global Industrial Catalysts Market to Reach $24.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Industrial Catalysts estimated at US$20.3 Billion in the year 2020, is projected to reach a revised size of US$24.6 Billion by 2027, growing at a CAGR of 2.8% over the period 2020-2027. Heterogeneous, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$15.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Homogeneous segment is readjusted to a revised 2.2% CAGR for the next 7-year period.



The U.S. Market is Estimated at $5.5 Billion, While China is Forecast to Grow at 5.2% CAGR

The Industrial Catalysts market in the U.S. is estimated at US$5.5 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$5 Billion by the year 2027 trailing a CAGR of 5.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.

Select Competitors (Total 47 Featured):
  • Akzo Nobel NV
  • Albemarle Corporation
  • Arkema Group
  • BASF SE
  • Chevron Phillips Chemical Company LLC
  • Clariant AG
  • DowDupont Inc.
  • Evonik Industries AG
  • ExxonMobil Chemical Company
Frequently Asked Questions about the Global Market for Industrial Catalysts

What is the estimated value of the Global Market for Industrial Catalysts?

The Global Market for Industrial Catalysts was estimated to be valued at $20.3 Billion in 2020.

What is the growth rate of the Global Market for Industrial Catalysts?

The growth rate of the Global Market for Industrial Catalysts is 2.8%, with an estimated value of $24.6 Billion by 2027.

What is the forecasted size of the Global Market for Industrial Catalysts?

The Global Market for Industrial Catalysts is estimated to be worth $24.6 Billion by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown