Press release
BASF, Clariant Profiled in Industrial Catalyst Market Report 2023 - Evonik Industries, Exxon Mobil, Borealis, Chemtura, Dow DuPont, FMC, Grace & Company, Honeywell UOP, LyondellBasell, Zeolyst International, Chevron Phillips & More
Industrial Catalyst
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Catalyst Market by product type, application, key manufacturers and key regions. Over the next five years, Industrial Catalyst market will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Albemarle, Arkema, BASF, Clariant, Evonik Industries, Exxon Mobil, Borealis, Chemtura, Dow DuPont, FMC, Grace (WR) & Company, Honeywell UOP, LyondellBasell, Zeolyst International, Chevron Phillips, Akzonobel.
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The heterogeneous catalyst are projected to be the fastest-growing type of industrial catalyst between 2018 and 2023. It is preferred by the major manufacturers owing to its characteristic of being easily separated from the products. Organometallic material is projected to register the fastest-growth among materials, followed by metals, in the market. Metal is the most preferred material used in the manufacturing of the industrial catalyst market. The demand for metals is mainly driven by to the growing application sector. Petroleum refining is the largest application segment in the market. The increase in refinery capacity and the demand for fuels have led to an increase in the use of catalyst in this application.
Catalysts accelerate a chemical reaction by providing an alternative route with lower activation energy. This results in a higher reaction rate for the same reactant concentrations and at the given temperature compared with uncatalyzed reactions.
Industrial catalysts are used extensively in industrial processes, including petroleum refining, chemical synthesis, petrochemicals and polymers, environment protection reactions, and during the production of petrochemical products.
The Asia-Pacific region, being the largest market for industrial catalyst is also projected to register a high CAGR in the industrial catalyst market, in terms of value, between 2018 and 2023. This growth is mainly driven due to an increase in the industrial catalyst demand in various application sectors, such as petroleum refining, chemical synthesis, and petrochemicals.
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Segmentation by product type:
Heterogeneous Catalyst
Homogeneous Catalyst
Segmentation by application:
Petroleum Refinery
Chemical Synthesis
Petrochemicals
Others
Research objectives:
To study and analyze the global Industrial Catalyst consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Industrial Catalyst market by identifying its various subsegments.
Focuses on the key global Industrial Catalyst manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Catalyst with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Catalyst submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
More Details on this Report At: https://www.marketstudyreport.com/reports/2018-2023-global-industrial-catalyst-consumption-market-report
Related Report:
Global Catalysts Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
This report focuses on the Catalysts in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
https://www.marketstudyreport.com/reports/global-catalysts-market-2018-by-manufacturers-regions-type-and-application-forecast-to-2023/?utm_source=RR-PSR
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