Catalysis Market By Type By Raw Material, By Application and Geography  

Catalysis Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Heterogeneous, Homogenous) By Raw Material (Chemical Compounds, Zeolites, Metals, Others), By Application (Petroleum Refining, Chemical Synthesis, Polymer Catalysis, Environmental and Others) and Region  

Catalysis Market size was valued at US$ 39.6 billion in 2023 and is poised to grow at a significant CAGR of 5.9% period 2024 to 2030. The global market provides a detailed overview of the Catalysis market and which can be segmented by type, raw material, application, and region. By type, the catalysis market has been segmented into heterogeneous, and homogenous. By type, the heterogenous catalysts accounted for the largest revenue share in 2021, and are expected to have progressive demand in this segment in the next few years owing to their enormous features, such as, they can easily be recovered, recycled, and exhibit ecologically friendly behavior. Furthermore, with their exceptional performance, heterogeneous catalysts are being used to produce biodiesel from non-edible oil and they have drawn interest from all across the world. By raw material, the Catalysis market has been segmented into chemical compounds, zeolites, metals, and others. By raw material, the zeolites segment held the largest revenue share of the catalysis market in past years and is expected to have the fastest growth rate over the forecasted period due to the increasing demand for zeolites-based catalysts across various industries.

Based on the application, the segment has been segregated into petroleum refining, chemical synthesis, polymer catalysis, environmental, and others. The petroleum refining segment accounted for the largest revenue share in past years. A variety of catalysts have been developed and are frequently employed in petroleum refining operations to produce high-quality transportation gasoline as a result of advancements in preparation technologies. Some zeolites, including USY, ZSM-5, and MCM family, are employed to enhance the output of light olefins from crude oil with large molecular weights. By region, the North America market is expected to witness the highest market share during the forecast period owing to the well-established various industrial sectors, as well as the presence of major pharmaceutical companies, resulting in increased demand for catalysts. Demand for catalysts has increased as a result of supportive government regulations. For instance, the U.S. announced reducing economy-wide net greenhouse gas pollution by 50% to 52% from 2005 levels by 2030, founding a carbon-pollution-free power sector by 2035, and achieving net zero emissions economywide by no later than 2050 to combat the climate crisis and prevent most severe effects of climate change.

Catalysis Market Recent Key Development: 
  • In Jan 2022, A new and highly efficient catalyst for propylene production was developed by Hokkaido University. Researchers have developed an innovative catalyst for the synthesis of propylene, which has potential benefits for the chemical industry and carbon recycling.
  • In May 2015, Chevron Philips Chemical Company and W.R. Grace and Co announced the launch of their collaboration with the establishment of Advanced Refining Technologies (ART). Advanced Refining Technologies is planning to build a residue hydro-processing catalysis plant in Louisiana, US with an investment of US$ 135 million.

Catalysis Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.9%

Largest Market

Asia-Pacific

Fastest Growing Market

Asia Pacific

Catalysis Market Drivers Dynamics

Increasing demand from the automobile industry due to shifting energy demands for alternative fuels including biodiesel, rising demand for petroleum refined products, petrochemicals, and chemical synthesis, as well as increasing demand for catalysts empowering the conversion of bio-derived feedstock into industrially relevant chemicals. Thus, these major factors are driving the market growth.

Catalysis Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 39.6 billion

Market CAGR

5.9%

By Type

  • Heterogeneous
  • Homogenous

By Raw Material

  • Chemical Compounds
  • Peroxides
  • Acids
  • Amines
  • Others
  • Zeolites
  • Metals
  • Precious Metals
  • Base Metals
  • Others

By Application

  • Petroleum Refining
  • Chemical Synthesis
  • Polymer Catalysis
  • Environmental
  • Others

Key Features of the Report

  • The catalysis market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The major drivers of the industry, such as the growing utilization in various sectors like petroleum refining, polymers, and others, increasing demand for environmental catalysts, and growing urbanization and industrialization are expected to propel the market growth.

The global Catalysis market size was estimated at US$ 39.6 billion in 2021. Increasing usage of catalysts in various sectors, majorly in petroleum and refining sectors, as well as in pharma sectors. Further, an increase in shifting toward urbanization leads to a boost in the demand for the catalysis market.

The key market trends fuelling the growth of the industry include the changing energy patterns pertaining to renewable fuels and the increasing R&D activities.

Based on type, the heterogeneous segment is expected to account for the largest share of the Catalysis market during the forecast period, Heterogeneous catalysts have various benefits, including the ability to be reused, increased reaction rate and selectivity, simplicity in separating product and catalyst, and low cost. These factors have increased interest in the manufacture of solid phase transesterification catalysts. Furthermore, numerous industries, including the production of chemicals, energy-related applications, and environmental remediation, use heterogeneous catalysts.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Catalysis Market Introduction 
2.1.Global Catalysis Market  - Taxonomy
2.2.Global Catalysis Market  - Definitions
2.2.1.Type
2.2.2.Raw Material
2.2.3.Application 
2.2.4.Region
3.Global Catalysis Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Catalysis Market Analysis, 2019 - 2023 and Forecast 2024 -2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Catalysis Market  By Type, 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
5.1. Heterogeneous
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Homogenous
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Catalysis Market  By Raw Material, 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
6.1. Chemical Compounds
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Peroxides
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Acids
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Amines
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Zeolites
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Metals
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
6.8. Precious Metals
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.8.3. Market Opportunity Analysis 
6.9. Base Metals
6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.9.3. Market Opportunity Analysis 
6.10. Others
6.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.10.3. Market Opportunity Analysis 
7.Global Catalysis Market  By Application , 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
7.1. Petroleum Refining
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Chemical Synthesis
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Polymer Catalysis
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Environmental
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.Global Catalysis Market  By Region, 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Catalysis Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
9.1. Type Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Heterogeneous
9.1.2.Homogenous
9.2.  Raw Material Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Chemical Compounds
9.2.2.Peroxides
9.2.3.Acids
9.2.4.Amines
9.2.5.Others
9.2.6.Zeolites
9.2.7.Metals
9.2.8.Precious Metals
9.2.9.Base Metals
9.2.10.Others
9.3.  Application  Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Petroleum Refining
9.3.2.Chemical Synthesis
9.3.3.Polymer Catalysis
9.3.4.Environmental
9.3.5.Others
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Catalysis Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Heterogeneous
10.1.2.Homogenous
10.2.  Raw Material Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Chemical Compounds
10.2.2.Peroxides
10.2.3.Acids
10.2.4.Amines
10.2.5.Others
10.2.6.Zeolites
10.2.7.Metals
10.2.8.Precious Metals
10.2.9.Base Metals
10.2.10.Others
10.3.  Application  Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Petroleum Refining
10.3.2.Chemical Synthesis
10.3.3.Polymer Catalysis
10.3.4.Environmental
10.3.5.Others
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Catalysis Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Heterogeneous
11.1.2.Homogenous
11.2.  Raw Material Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Chemical Compounds
11.2.2.Peroxides
11.2.3.Acids
11.2.4.Amines
11.2.5.Others
11.2.6.Zeolites
11.2.7.Metals
11.2.8.Precious Metals
11.2.9.Base Metals
11.2.10.Others
11.3.  Application  Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Petroleum Refining
11.3.2.Chemical Synthesis
11.3.3.Polymer Catalysis
11.3.4.Environmental
11.3.5.Others
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Catalysis Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Heterogeneous
12.1.2.Homogenous
12.2.  Raw Material Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Chemical Compounds
12.2.2.Peroxides
12.2.3.Acids
12.2.4.Amines
12.2.5.Others
12.2.6.Zeolites
12.2.7.Metals
12.2.8.Precious Metals
12.2.9.Base Metals
12.2.10.Others
12.3.  Application  Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Petroleum Refining
12.3.2.Chemical Synthesis
12.3.3.Polymer Catalysis
12.3.4.Environmental
12.3.5.Others
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Catalysis Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Heterogeneous
13.1.2.Homogenous
13.2.  Raw Material Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Chemical Compounds
13.2.2.Peroxides
13.2.3.Acids
13.2.4.Amines
13.2.5.Others
13.2.6.Zeolites
13.2.7.Metals
13.2.8.Precious Metals
13.2.9.Base Metals
13.2.10.Others
13.3.  Application  Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Petroleum Refining
13.3.2.Chemical Synthesis
13.3.3.Polymer Catalysis
13.3.4.Environmental
13.3.5.Others
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Albemarle Corporation
14.2.2.Haldor Topsoe A/S
14.2.3.BASF SE
14.2.4.Evonik Industries AG
14.2.5.LyondellBasell Industries Holdings B.V.
14.2.6.Arkema
14.2.7.R. Grace & Co.-Conn.
14.2.8.Johnson Matthey Plc
14.2.9.Axens SA
14.2.10.Clariant International Ltd
14.2.11.Exxon Mobil Corporation
14.2.12.Umicore
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Albemarle Corporation
  • Haldor Topsoe A/S
  • BASF SE
  • Evonik Industries AG
  • LyondellBasell Industries Holdings B.V.
  • Arkema
  • R. Grace & Co.-Conn.
  • Johnson Matthey Plc
  • Axens SA
  • Clariant International Ltd
  • Exxon Mobil Corporation
  • Umicore

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