Increasing demand for catalyst carriers for consumption in end-use industries such as oil & gas, chemical, and automotive industries is a key factor driving market revenue growth.
Market Size - USD 313.5 Million in 2020, Market Growth - CAGR of 6.1%, Market Trends - Increasing research and development of cost-effective catalyst carriers substitutes with similar properties of currently used elements
The global catalyst carriers market size is expected to reach USD 507.5 Million in 2028, and register a CAGR of 6.1% during the forecast period. Market revenue growth is expected to be driven by increasing demand for catalyst carriers in petroleum derivatives, in energy and utility sector, and stringent regulations by government of various countries regarding environmental pollution concerns and petroleum treatment process. Various types of catalyst carriers available currently include activated carbon, zeolites, ceramics, etc.
Growing adoption of the products in the oil & gas industry for stimulating catalytic substances, and breaking of hydrocarbon at high pressure and extreme temperatures is another major factor expected to drive growth of the global catalyst carriers market. However, fluctuating costs of certain raw materials could hamper revenue growth of the global market to some extent.
Some Key Findings From the Report:
For the purpose of this report, the global catalyst carriers market is segmented on the basis of product type, composition type, end-use, and region:
Product Type Outlook
Composition Type Outlook
End-Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 313.5 Million in 2020, Market Growth - CAGR of 6.1%, Market Trends - Increasing research and development of cost-effective catalyst carriers substitutes with similar properties of currently used elements
The global catalyst carriers market size is expected to reach USD 507.5 Million in 2028, and register a CAGR of 6.1% during the forecast period. Market revenue growth is expected to be driven by increasing demand for catalyst carriers in petroleum derivatives, in energy and utility sector, and stringent regulations by government of various countries regarding environmental pollution concerns and petroleum treatment process. Various types of catalyst carriers available currently include activated carbon, zeolites, ceramics, etc.
Growing adoption of the products in the oil & gas industry for stimulating catalytic substances, and breaking of hydrocarbon at high pressure and extreme temperatures is another major factor expected to drive growth of the global catalyst carriers market. However, fluctuating costs of certain raw materials could hamper revenue growth of the global market to some extent.
Some Key Findings From the Report:
- Among the product type segments, the zeolites segment is projected to register significantly high revenue growth rate in the global market during the forecast period, owing to increasing adoption of zeolites for both industrial and domestic purposes for water purification, and various other uses.
- Among the composition type segments, the sphere composition segment is projected to register the highest compound annual growth rate during the forecast period
- Among the end-use segments, the oil & gas industry is projected to register the highest CAGR during the forecast period, owing to increasing use of catalytic carriers during synthesis of gas in the refineries
- The North America market is projected to register steady growth rate in the global catalyst carriers market during the forecast period, owing to growing number of oil & gas refineries in the region, and increasing associated requirement for catalyst carriers by these companies.
- Europe market is projected to register moderately high CAGR during the forecast period, due to rapidly growing end-use industries including automotive, chemicals, oil & gas, etc. in this region.
- Asia Pacific catalyst carriers market is projected to register highest revenue growth rate during the forecast period in the global market, due to rapid economic development, increasing number of manufacturing units of industries such as oil and gas, automotive, and chemicals.
- Key players profiled in the report include Ceramtec GmbH, W. R. Grace & Co., Saint-Gobain, Cabot Corporation, Coorstek Inc., Magma Ceramics & Catalysts, JGC Catalysts and Chemicals Ltd., Pingxiang Gophin Chemical Co., Catalysts & Chemical Specialties, and Christy Catalytics LLC. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global catalyst carriers market is segmented on the basis of product type, composition type, end-use, and region:
Product Type Outlook
- Activated Carbon
- Zeolites
- Ceramics
Composition Type Outlook
- Sphere
- Porous
- Ring
- Honeycomb
- Others
End-Use Outlook
- Oil & Gas
- Chemical Manufacturing
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Catalyst Carriers Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Catalyst Carriers Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Catalyst Carriers Market Segmentation & Impact Analysis
Chapter 5. Catalyst Carriers Market By Composition Insights & Trends
Chapter 6. Catalyst Carriers Market By Product Type Insights & Trends
Chapter 7. Catalyst Carriers Market By End-Users Insights & Trends
Chapter 8. Catalyst Carriers Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Ceramtec GmbH
- W. R. Grace & Co.
- Saint-Gobain
- Cabot Corporation
- Coorstek Inc.
- Magma Ceramics & Catalysts
- JGC Catalysts and Chemicals Ltd.
- Pingxiang Gophin Chemical Co.
- Catalysts & Chemical Specialties
- Christy Catalytics LLC.
