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Chemical Catalyst Market Share

Report ID: GMI6351
Published Date: Jul 2023
Report Format: PDF

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Chemical Catalyst Market Share

Some of the major players operating in the Chemical catalyst market are

BASF SE
Clariant AG
Johnson Matthey PLC
Albemarle Corporation
W. R. Grace & Co.
Evonik Industries AG
Haldor Topsoe A/S
Arkema SA
UOP LLC (Honeywell)
ExxonMobil Corporation
Sinopec Catalyst Company
LyondellBasell Industries N.V.
Royal Dutch Shell PLC
DuPont de Nemours, Inc.
Chevron Phillips Chemical Company LLC

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for chemical catalyst was valued at around USD 39.2 billion in 2022 and is estimated to reach USD 60.9 billion by the end of 2032, backed by the expansion of various industries, such as petrochemicals, polymers, chemicals, and pharmaceuticals.

Metals and metal oxides held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace by 2032, driven by the growing adoption of metal catalysts in various industries for reactions, including hydrogenation, oxidation, and hydrogen production.

U.S. chemical catalyst accounted for a revenue of USD 7.9 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032, owing to the demand from petrochemical industry for processes such as catalytic cracking, alkylation, and reforming to produce valuable petrochemicals and fuels.

Evonik Industries AG, Haldor Topsoe A/S, Arkema SA, UOP LLC (Honeywell), ExxonMobil Corporation, Sinopec Catalyst Company, LyondellBasell Industries N.V., Royal Dutch Shell PLC, DuPont de Nemours, Inc., Chevron Phillips Chemical Company LLC among others.