Thursday, June 21, 2018

Catalyst Market is Expected to Reach USD 40.92 billion by the End of 2025

A research study titled, “Catalyst Market by type and application - global industry analysis and forecast to 2025”, published by crystal market research.

Market Highlights: 
The global Catalyst Market was worth USD 29.28 billion in the year of 2016 and is anticipated to reach approximately USD 40.92 billion by 2025, while registering itself at a compound annual growth rate (CAGR) of 3.79% during the forecast period. Increased value of catalysts in industries such as oil & gas and chemicals in order to improve the rate of reaction and decrease the lead time is anticipated to influence the growth of the sector significantly in the coming years. A catalyst is useful as a supplementary element in a reaction between two chemicals which accelerates the process and causes less energy of activation. Catalysts are utilized in variety of applications that includes production of petrochemical, refining petroleum, combining of bulk chemicals, environment protecting reactions and polymer processing. Acquiring prominence of the catalytic reforming process in sectors such as oil and gas in order to provide enhanced benefits of light cut oils that include superior kerosene oil, high-speed diesel and gasoline is anticipated to boost the utilization of the product. 

Get Exclusive Sample Copy @
https://www.crystalmarketresearch.com/report-sample/CM09210
The global catalyst market is segmented as follows:
Catalyst Market Assessment and Forecast, By Type, 2016-2025:
Chemical compounds
Amines
Acids
Peroxides
Other Chemicals
Enzymes
Metals
Precious Metals
Base Metals
Zeolites
MFI
FAU
LTA
Other Zeolites
Organometallic Materials
Catalyst Market Assessment and Forecast, By Application, 2016-2025:
Environmental
Heavy-duty vehicles
Light-duty vehicles
Others Environmental
Polymer CatalystsReaction Initiator
Ziegler‐Natta
Petroleum RefiningAlkylation Catalysts
Fluid Catalytic Cracking (FCC)
Catalytic Reforming
Hydroprocessing Catalysts
Other Petroleum Refining
Chemical synthesisPolyolefins
Catalytic Oxidation
Other Chemical Synthesis

Catalyst Market Assessment and Forecast, By Region, 2016-2025 ($Million):
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
Competitive Insights: 
Major players in the Catalysts market are DuPoint, BASF, W.E Grace and Company, Johnson Matthey, Albemarle Corporation and Evonik Industries. A new production site was introduced by Johnson Matthey process technologies in Brazil in the year 2014 which will produce catalysts for the refining sector for captive hydrogen production.

Regional Outlook:The largest market in 2015 was held by Asia Pacific that registered 34 percent of the total volume. Developing economies like India and China are hubs for the production of the derivatives of petroleum and chemicals which is one of the factors that boosts the growth of the market in the region. Growth of refining capacities in Saudi Arabia, Qatar and Oman along with riding demand of petrochemicals is said to boost the demand in the Middle East and Africa.
List of Tables: 
Table 1.Catalyst Market, By Type ($Million), 2016-2025
Table 2.Chemical compounds Market, By Region ($Million), 2016-2025
Table 3.Amines Market, By Region ($Million), 2016-2025
Table 4.Acids Market, By Region ($Million), 2016-2025
Table 5.Peroxides Market, By Region ($Million), 2016-2025
Table 6.Other Chemicals Market, By Region ($Million), 2016-2025
Table 7.Enzymes Market, By Region ($Million), 2016-2025
Table 8.Metals Market, By Region ($Million), 2016-2025
About Crystal Market Research: 
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contact Us: 
Judy S, 
304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
Toll Free: +1-888-213-4282
Email: sales@crystalmarketresearch.com


No comments:

Post a Comment