Global Industrial Catalyst Market Price Trends, Size and Forecast 2017-2022

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Industrial Catalyst Market Share, Size, Growth,
Opportunity and Forecast 2017-2022
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Report Description and Highlights
Report Description
Global Industrial Catalyst Market Driven by
Flourishing Petroleum Industry The global
industrial catalyst market has witnessed a steady
growth over the past few years. This can be
accredited to population growth, rising demand
for fuel, cost-effectiveness and government
support for environmental remediation. According
to the latest report by IMARC Group, titled
Industrial Catalyst Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2017-2022, the global industrial
catalyst market reached a value more than US 18
Billion in 2016. Catalysts are chemical agents
which speed up reactions by either lowering or
raising its activation energy. As they do not
undergo any change themselves, catalysts can be
used for multiple reactions which lowers the cost
of the process. They also help in reducing the
production of unnecessary by-products, thereby
minimizing environmental waste. Owing to these
factors, industrial catalysts find numerous
applications in petroleum, pharmaceutical and
petrochemical industries. Request sample of the
report http//www.imarcgroup.com/request?typerep
ortid824flagB
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the global industrial catalyst
  market
• Development in the major end-use industries
  remains the key growth-inducing factor for the
  market.
• Heterogenous catalysts hold the majority of the
  total market, representing the most popular type.
• Asia-Pacific is the largest market, accounting
  for the majority of the global share.
• To get more information, please visit _at_
  http//www.imarcgroup.com/industrial-catalyst-mark
  et
• Industrial catalysts are majorly used in the
  petroleum and chemical industries. Rapid growth
  in these industries along with increasing demand
  for fuels has largely contributed in the
  expansion of the market. The global population
  growth coupled

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Report Description and Highlights
Report Description
with surging disposable incomes has also helped
in the growth of petroleum industry, thereby
facilitating the demand for industrial catalysts.
Further, new refinery projects are emerging in
the Middle East and Africa, and Asia-Pacific.
Development of refinery capacities in these
regions have led to an upsurge in the market.
Moreover, as industrial catalysts are
environment-friendly, their use has been
encouraged by various government initiatives
which aim to reduce carbon emissions. Further,
the market is expected to reach a value of around
US 24 Billion by 2022, exhibiting a CAGR of more
than 4 during 2017-2022. On the basis of type,
heterogenous catalysts accounts for the majority
of the market share. It is followed by homogenous
catalysts and biocatalysts. Based on the raw
material used, mixed catalysts represent the
largest segment, followed by oxide, metallic,
sulfide and organo-metallic catalysts. Segmented
on the basis of key applications, petroleum
refinery accounts for the majority of the total
share. It is followed by chemical synthesis,
petrochemical and others. Region-wise,
Asia-Pacific is the major market followed by
North America, Europe, Latin America, and Middle
East and Africa. The major key players include
Albemarle Corporation, Arkema, BASF Corporation,
Clariant, Evonik and Industries, Exxon Mobil
Chemical Corporation, AkzoNobel N.V., Chevron
Phillips Chemical Company, DOW Chemical Company
and DuPont. The report by IMARC group has
examined the global industrial catalyst market on
the basis of
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Report Description and Highlights
Report Description

• Type
• Heterogenous Catalysts
• Homogenous Catalysts
• Biocatalysts
• Raw Material
• Mixed Catalysts
• Oxide
• Metallic
• Sulfide
• Organo-metallic Catalysts
• Application
• Petroleum Refinery
• Chemical Synthesis
• Petrochemical
• Others

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Report Description and Highlights
Report Description

• Region
• Asia-Pacific
• North America
• Europe
• Latin America
• Middle East and Africa
• Key Players
• Albemarle Corporation
• Arkema
• BASF Corporation
• Clariant Ag
• Evonik and Industries Ag
• Exxon Mobil Chemical Corporation
• AkzoNobel N.V.
• Chevron Phillips Chemical Company
• The DOW Chemical Company
• DuPont

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Report Description and Highlights
Report Description
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