Increasing Demand For Chemicals Drives Growth Of The Heterogeneous Catalyst Market: Strategic Insights Driving Heterogeneous Catalyst Market Momentum in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Heterogeneous Catalyst Market Size By 2025?
The market size of heterogeneous catalysts has seen robust growth in the past few years. It is projected to expand from $27.92 billion in 2024 to $29.67 billion in 2025, translating to a compound annual growth rate (CAGR) of 6.3%. This growth during the historic period can be credited to factors such as the rise in applications in the automotive industry, growing necessity for emissions control, augmented use in biofuels production, elevated demand for hydrogen, and an increased requirement for zeolites.

How Big Is the Heterogeneous Catalyst Market Size Expected to Grow by 2029?
The market size of heterogeneous catalysts is projected to experience robust growth in the forthcoming years. By 2029, it is anticipated to escalate to $37.37 billion with a 5.9% compound annual growth rate (CAGR). This growth in the forecasted period is attributed to the rising demand for effective and eco-friendly chemical processes, strict environmental rules, increasing focus on sustainability, changing to more environmentally friendly energy sources, and a rising demand for petrochemicals. Significant trends during this predicted period include advancements in nanotechnology, the search for innovative catalyst materials, improvements in catalytic converters, the need for chemical synthesis, and the demand for metal-based catalysts.

View the full report here:
https://www.thebusinessresearchcompany.com/report/heterogeneous-catalyst-global-market-report

Which Key Market Drivers Powering Heterogeneous Catalyst Market Expansion and Growth?
The surge in chemical usage is predicted to boost the expansion of the heterogeneous catalyst market. This increase in chemical demand is fueled by a rise in demand from the manufacturing, pharmaceutical, and agricultural sectors, advancements in technology, and a transition toward eco-friendly practices and green technology. Heterogeneous catalysts are essential in addressing the heightened demand for chemicals across diverse industries by enhancing the efficiency, cost-effectiveness, and scalability of chemical processes, as well as their environmental sustainability. For example, the US Bureau of Labor Statistics, a US government arm, reported that the trade value of US chemical manufacturing products exported in 2022 was $288.0 billion, a 13.4% increase from 2021. Consequently, the enhanced demand for chemicals is steering the need for the heterogeneous catalyst market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16075&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Heterogeneous Catalyst Market?
Leading corporations in the heterogeneous catalyst industry are concentrating on creating novel items, such as propane dehydrogenation (PDH) catalysts, to improve the performance of PDH catalysts in large-scale propylene manufacturing. PDH catalysts, a kind of heterogeneous catalyst, are utilized for the transformation of propane into propylene by eliminating hydrogen. For example, in April 2024, Clariant, a chemical firm based in Switzerland, introduced the CATOFIN 312, a new propane dehydrogenation catalyst. The CATOFIN 312 catalyst is a component of Clariant's acclaimed CATOFIN technology, renowned for generating olefins like propylene, isobutylene, and butylene/butadiene. The technology incorporates custom-designed catalysts and Heat Generating Material (HGM) from Clariant with Lummus's sophisticated process, positioning it as one of the fastest-growing technologies for propylene production.

What Are the Emerging Segments in the Heterogeneous Catalyst Market?
The heterogeneous catalyst market covered in this report is segmented -

1) By Product: Metal-Based, Chemical-Based, Zeolites-Based, Other Products
2) By Application: Petroleum Refining, Chemical Synthesis, Environmental Catalysis, Polymerization, Hydrogenation, Other Applications
3) By End-User Industry: Oil And Gas, Chemicals And Petrochemicals, Environmental, Other End-User Industries

Subsegments:
1) By Metal-Based: Precious Metal Catalysts, Base Metal Catalysts, Bimetallic Catalysts, Alloy Catalysts
2) By Chemical-Based: Acid Catalysts, Base Catalysts, Organocatalysts, Ionic Liquid Catalysts
3) By Zeolites-Based: Natural Zeolites, Synthetic Zeolites, High-Silica Zeolites, Mordenite And Clinoptilolite Zeolites, Zeolite Y, ZSM-5, And Other Specific Types
4) By Other Products: Supported Catalysts, Enzyme Catalysts, Oxide-Based Catalysts, Carbon-Based Catalysts, Photocatalysts And Nanocatalysts

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=16075&type=smp

Who Are the Global Leaders in the Heterogeneous Catalyst Market?
Major companies operating in the heterogeneous catalyst market are Shell Plc, BASF SE, ExxonMobil Chemical, Rio Tinto Ltd., SABIC Corp., LyondellBasell Industries Holdings B.V., Honeywell International Inc., Heraeus Group, Evonik Industries AG, Johnson Matthey Plc, Sinopec Group, Solvay SA, DuPont de Nemours Inc, Arkema Group, INEOS Group AG, Albemarle Corporation, Clariant International AG, JGC Catalysts and Chemicals Ltd, Umicore NV, Haldor Topsoe A/S, Axens SA, Gelest Inc., Zeolyst International Inc, AGGARWAL Chempack Industries Private Limited, W.R. Grace & Co

Which are the Top Profitable Regional Markets for the Heterogeneous Catalyst Industry?
Asia-Pacific was the largest region in the heterogeneous catalyst market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the heterogeneous catalyst market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16075

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.