Press release
Supported Metal Catalyst Market Accelerating Growth Opportunities In Industry During 2020-2025 | BASF, Nouryon, Johnson Matthey, Clariant, Engelhard, Sinopec, Evonik, CRI, Lyondell
Supported Metal Catalyst
Global Supported Metal Catalyst Market overview:
A wide range of reactions can be performed effectively over supported metal catalysts such as hydrogenation, hydrogenolysis and dehydrogenation, reforming reactions, and cracking of petroleum hydrocarbons. The main active components in these systems are typically Group 10 or 11 metals. The Global Supported Metal Catalyst Market is segmented on the basis of Product Type, Application, End Use Industry and Region. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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On the Basis of Product Type segment, the Supported Metal Catalyst Market is sub segmented into Single Metal Catalyst and Multimetallic Catalyst. Based on End Use Industry segment, the Supported Metal Catalyst Market is segmented as Chemical Synthesis, Metal Smelting, Drug Preparation and Other.
There are several manufacturers of Supported Metal Catalyst in Europe and North America. In North America, the demand for Supported Metal Catalyst is primarily driven by the Chemical and Advanced Material sector. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India.
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Top Industry News:
CLARIANT TO BUILD NEW HIGH-TECH PRODUCTION SITE FOR CATOFIN CATALYSTS IN JIAXING, ZHEJIANG PROVINCE, CHINA on 18 September, 2020 -- Clariant, a focused, sustainable and innovative specialty chemical company, today announced the construction of a new state-of-the-art catalyst production site in China. This project represents a significant investment which further strengthens Clariant’s position in China and enhances its ability to support its customers in the country’s thriving petrochemicals industry.
The new facility will be primarily responsible for producing the CATOFIN catalyst for propane dehydrogenation, which is used in the production of olefins such as propylene. Thanks to its excellent reliability and productivity, CATOFIN delivers superior annual production output compared to alternative technologies, resulting in increased overall profitability for propylene producers. Construction at the Dushan Port Economic Development Zone in Jiaxing, Zhejiang Province is scheduled to commence in Q3 2020, and Clariant expects to be at full production capacity by 2022.
“As we have defined the right portfolio for Clariant’s focused growth strategy, it is now vital that we invest in these core high-value specialty businesses, such as catalysts, to put them in the strongest possible market positions. China continues to be a growth market with attractive prospects for Clariant. This investment will be of great benefit to our company’s positioning and customer proximity in the entire region and hence, together with the One Clariant campus, marks another cornerstone of Clariant’s “Fringe to Core” strategy execution”, said Hans Bohnen, Chief Operating Officer at Clariant.
The new plant in Jiaxing will be Clariant Catalysts’ most digitized facility to date, incorporating sophisticated automation systems throughout the production process. Once completed, it will be Clariant’s third catalyst production plant in China. It will strengthen Catalyst’s existing network, which comprises a joint venture facility with the North Huajin Group in Panjin as well as a fully-owned Clariant facility in Jinshan, Shanghai.
Stefan Heuser, Senior Vice President and General Manager at Clariant Catalysts, expressed the importance of the new facility, stating, “The Jiaxing CATOFIN plant is a key component of our China strategy and further improves our commitments to the country’s growing PDH market. It is another example of how we continue to strengthen our presence in the region in order to expand our local capacityto meet our customers’ needs.”
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Major Key Players:
Some of the Supported Metal Catalyst Market manufacturers involved in the market are BASF SE, Nouryon, Johnson Matthey, Clariant AG, Engelhard, Sinopec, Evonik Industries, CRI, Lyondell Basell Industries, Albemarle Corporation, JGC Catalysts and Chemicals, Univation Technologies, Ineos Group AG in World, effective mergers are some of the strategies adopted by the Supported Metal Catalyst Market manufacturers. New product launches and continuous technological innovations are the Supported Metal Catalyst Market strategies adopted by the major players.
Table of Contents:
1 Supported Metal Catalyst Product Definition
2 Global Supported Metal Catalyst Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Supported Metal Catalyst Shipments
2.2 Global Manufacturer Supported Metal Catalyst Business Revenue
2.3 Global Supported Metal Catalyst Market Overview
3 Manufacturer Supported Metal Catalyst Business Introduction
3.1 BASF SE Supported Metal Catalyst Business Introduction
3.1.1 BASF SE Supported Metal Catalyst Shipments, PMultimetallic Catalyst, Revenue and Gross profit 2020-2025
3.1.2 BASF SE Supported Metal Catalyst Business Distribution by Region
3.1.3 BASF SE Interview Record
3.1.4 BASF SE Supported Metal Catalyst Business Profile
3.1.5 BASF SE Supported Metal Catalyst Product Specification
3.2 Nouryon Supported Metal Catalyst Business Introduction
3.2.1 Nouryon Supported Metal Catalyst Shipments, PMultimetallic Catalyst, Revenue and Gross profit 2020-2025
3.2.2 Nouryon Supported Metal Catalyst Business Distribution by Region
3.2.3 Interview Record
3.2.4 Nouryon Supported Metal Catalyst Business Overview
3.2.5 Nouryon Supported Metal Catalyst Product Specification
3.3 JOHNSON MATTHEY Supported Metal Catalyst Business Introduction
3.3.1 JOHNSON MATTHEY Supported Metal Catalyst Shipments, PMultimetallic Catalyst, Revenue and Gross profit 2020-2025
3.3.2 JOHNSON MATTHEY Supported Metal Catalyst Business Distribution by Region
3.3.3 Interview Record
3.3.4 JOHNSON MATTHEY Supported Metal Catalyst Business Overview
3.3.5 JOHNSON MATTHEY Supported Metal Catalyst Product Specification
3.4 Clariant AG Supported Metal Catalyst Business Introduction
3.5 Engelhard Supported Metal Catalyst Business Introduction
3.6 Sinopec Supported Metal Catalyst Business Introduction
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