United States Industrial Catalyst Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

The Global Industrial Catalyst Market is expected to show significant growth by reaching at a high CAGR within the forecast period (2023-2030).

Key Development:

United States: Recent Industry Developments

✅ In October 2025, investment firm Lone Star Funds announced its acquisition of Hillenbrand, an industrial equipment maker, for $2.3 billion in cash. Hillenbrand manufactures equipment for manufacturing and recycling, with clients such as Honda, Toyota, Shell, and Nestlé. The deal is expected to close by the end of the first quarter of 2026.

✅ In September 2025, Technip Energies announced its agreement to acquire Ecovyst's Advanced Materials & Catalysts business. This acquisition aims to enhance Technip Energies' capabilities in catalyst technologies, specifically in the production of advanced silicas and aluminas, which are critical for various industrial processes. The deal is expected to close in the fourth quarter of 2025, subject to customary closing conditions.

✅ In August 2025, Umicore revealed plans to expand its homogeneous catalyst production at the Catoosa plant. The expansion is poised to meet the growing demand for catalysts in industrial applications.

✅ In May 2025, Honeywell announced the acquisition of Johnson Matthey's Catalyst Technologies unit for £1.8 billion ($2.4 billion). This strategic move aims to enhance Honeywell's capabilities in sustainable fuel production, including blue hydrogen and sustainable aviation fuel.

✅ In March 2025, Clariant inaugurated a new polypropylene (PP) catalyst production facility in Louisville, Kentucky. This expansion underscores Clariant's commitment to advancing polymer catalyst technologies in North America.

Japan: Recent Industry Developments

✅ In October 2025, Japan Bank for International Cooperation (JBIC) launched the Japan Strategic Investment Facility. This initiative is designed to support projects that bolster resilient supply chains and contribute to economic and national security benefits.

✅ In September 2025, Kawasaki-led hydrogen joint venture, Suiso Energy, secured investments from six firms, including Ebara and Mizuho Bank. The collaboration aims to advance commercial-scale hydrogen operations in Japan.

✅ In September 2025, DEAI CHEM showcased its latest catalyst innovations at INCHEM TOKYO 2025. The event facilitated strategic partnerships with leading Japanese corporations, aiming to enhance catalyst solutions across various industries.

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An industrial catalyst is a substance that accelerates chemical reactions without being consumed, widely used in petrochemicals, pharmaceuticals, and chemical manufacturing. It enhances reaction efficiency, reduces energy consumption, and improves product yield and selectivity.

Key Players:

=> Albemarle Corporation, Evonik Industries, BASF SE, Akzo Nobel N.V, Exxon Mobil Corporation, NALCO India, LekonGermess Ltd, W. R. Grace & Co.-Conn, Chevron Phillips Chemical Company, Royal Dutch Shell and among others.

Growth Forecast Projected:

The Global Industrial Catalyst Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Industrial Catalyst Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Material: Zeolites, Metals, Chemicals, Organometallics Material

➥ By Type: Heterogeneous Catalyst, Homogeneous Catalyst

➥ By Raw Material: Oxide, Metallic, Sulfide, Organo-Metallic Catalysts

➥ By Application: Chemical Synthesis, Petroleum Refinery, Petrochemicals, Others

Regional Analysis for Industrial Catalyst Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Industrial Catalyst producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Industrial Catalyst revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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