United Kingdom Catalyst Market, By Type (Heterogeneous Catalysts, Homogeneous Catalysts), By Material (Zeolites, Chemical Compounds, Metals, and Additives), and By Region, Competition, Forecast, and Opportunities, 2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited Kingdom Catalyst Market, By Type (Heterogeneous Catalysts, Homogeneous Catalysts), By Material (Zeolites, Chemical Compounds, Metals, and Additives), and By Region, Competition, Forecast, and Opportunities, 2028
Catalyst cracking is an endothermic process while hydrocracking is an exothermic process. While catalytic cracking and hydrocracking involve the use of catalysts, catalytic cracking does not involve the use of hydrogen. Types of refining catalysts are hydrocracking catalysts, hydrotreating catalysts, fluid catalytic cracking catalysts, and catalytic reforming catalysts. A catalyst and a high partial pressure of hydrogen gas are used in the hydrocracking process to convert complex hydrocarbon molecules into simpler ones. By reacting with hydrogen in the presence of a catalyst, hydrotreating is the process of eliminating undesirable contaminants such as sulfur, nitrogen, and metals from oil fractions. A catalyst and heat are used in the chemical process of fluid catalytic cracking to split long-chain hydrocarbons into shorter-chain hydrocarbons and a catalytic reforming catalyst is the modification of molecules to enhance the anti-knocking property of gasoline. Heterogeneous catalysts are solid substances that operate in a different phase from the reactants. They are commonly used in industries such as petroleum refining, chemicals, and automotive emissions control. Homogeneous catalysts are in the same phase as the reactants, typically in liquid form. They find applications in various chemical processes, including pharmaceuticals, fine chemicals, and polymer synthesis.
In the pharmaceutical industry, catalysts are essential to manufacture active pharmaceutical ingredients or APIs. It is more cost-effective in the long run for the manufacturing of APIs because it produces less waste and can be recycled. The most important and in-demand market component in the synthesis of pharmaceutical active ingredients is catalyst. Hence Catalyst market in United Kingdom will grow in the forecast period.
Increasing Demand from Refinery for Catalytic Cracking
A further 26% of the UK's use of chemical catalysts comes from the petrochemical and fine chemical industries, and if catalysts for primary plastics and rubbers are included, the percentage rises to 35% ($151.8 m in total). Numerous big multinational corporations (MNCs) and thousands of small-to-medium-sized businesses (SME) make up the UK's chemical catalyst consumers. Larger businesses frequently reside in chemical clusters. In the UK, there are three chemical clustersSaltend, Hull, England; Wilton International/Teesside, England; and Grangemouth, Scotland. The INEOS refinery complex is the center of the Grangemouth industrial cluster, which includes a crude oil refinery, produces 2 million metric tonnes of chemical products annually (mtpa).
Rising Demand from Flourishing Petrochemicals Industry
Six petroleum refineries in the UK account for a sizable portion of the market (the remaining 23%), and these facilities are key end-users of catalysts. In the UK, catalyst revenue for applications used in refining will increase at a CAGR of 1.1% from 2019 to 2025. In the UK, no increases in refinery capacity are projected; any growth is due to the higher cost of catalysts used per unit of refinery capacity. This rise is anticipated due to the rise in the demand for cleaner fuels imposed by tighter fuel requirements. A portion of this capacity may also be converted to renewable energy sources, such as hydrogenated vegetable oil (HVO), which can be used to create synthetic crude products.
Rising Demand for Environmental Catalyst
Johnson Matthey, a major producer of catalysts in the UK with its main office in Royston, Hertfordshire, is responsible for producing major share of Catalysts in the country. The focus of this is the regulation of stationary power, transportation, and other engine-out emissions, as well as the cleaning and purifying of petrol. Additionally, it is a top supplier of catalysts and process technology to produce hydrogen, syngas and its derivatives, clean fuels, chiral compounds, commodity chemicals, and fine chemicals. Most of the catalyst material exported from the UK to other countries is JM's catalyst. Total Energies has converted a portion of its French refining capacity to hydrotreated vegetable oil (HVO) fuels, which are recognized as green fuels under the European Renewable Energy Directive - Recast to 2030. As a result, the amount of catalyst needed at the refinery's front end will grow during the forecast period for the production of major end use products. However, the demand for environmental catalyst will grow due to the increasing demand for technologies. Hydrogen is the largest opportunity for creating new catalyst revenue in the chemicals and environmental sectors. The UK has picked up the pace on supporting this area with the hydrogen supply competition being run by the Department of Business Energy & Industrial Strategy (BEIS).
Market Segmentation
The United Kingdom catalyst market is segmented
Market Players
BASF SE, Evonik Industries AG, Honeywell UOP, Johnson Matthey plc, and Ecovyst Catalyst Technologies UK Limited, are some of the key players operating in the United Kingdom catalyst market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in metric tonnes for 2018-2022 and 2024-2028 |
| Report coverage | Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered |
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| Regional scope | Eastern; Northern & Central; Southern; Western. |
| Key companies profiled | BASF SE, Evonik Industries AG, Honeywell UOP, Johnson Matthey plc, and Ecovyst Catalyst Technologies UK Limited |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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