Inorganic Catalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Sodium Salts, Magnesium Salts, Calcium Salts, Potassium Salts, and Ammonium Salts), By Application (Chemicals, Food and Beverages, Pharmaceuticals, Agriculture, Personal Care, and Others), By Region, and Competition 2018-2028
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 CustomizationInorganic Catalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Sodium Salts, Magnesium Salts, Calcium Salts, Potassium Salts, and Ammonium Salts), By Application (Chemicals, Food and Beverages, Pharmaceuticals, Agriculture, Personal Care, and Others), By Region, and Competition 2018-2028
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The global inorganic catalyst market refers to the market for catalysts made from inorganic substances, such as metals, metal oxides, and zeolites, that are used to speed up chemical reactions. Inorganic catalysts are widely used in various industries, including petrochemicals, chemicals, pharmaceuticals, and automotive. The demand for inorganic catalysts is driven by several factors, such as the growing demand for clean and efficient energy sources, the increasing demand for petrochemicals and polymers, and the growing automotive industry. The key drivers of the global inorganic catalyst market are the increasing demand for clean and efficient energy sources. Inorganic catalysts play a critical role in the production of clean energy sources such as hydrogen, biodiesel, and bioethanol. The demand for these clean energy sources is increasing due to growing environmental concerns and the need to reduce dependence on fossil fuels. Another major driver of the global inorganic catalyst market is the growing demand for petrochemicals and polymers. Inorganic catalysts are used in the production of various petrochemicals and polymers such as polyethylene, polypropylene, and polyvinyl chloride. The increasing demand for these materials in various applications such as packaging, construction, and automotive is driving the demand for global inorganic catalysts.
Furthermore, the growing automotive industry is also driving the demand for inorganic catalysts. Inorganic catalysts are used in the production of various automotive parts such as catalytic converters, which reduce emissions from vehicles. With the increasing focus on reducing emissions from vehicles, the demand for inorganic catalysts is expected to increase in the upcoming years. All these factors are going to increase the demand of global inorganic catalysts.
Increasing Demand for Clean and Efficient Energy Sources
Growing Demand from the Automotive Industry
Increasing Demand from Petrochemicals and Polymers
Inorganic catalysts are also used in the production of other petrochemicals such as propylene, butadiene, and benzene. These chemicals are used as feedstocks to produce a wide range of products including synthetic rubber, plastics, and solvents. The increasing demand for petrochemicals and polymers is being driven by several factors, including population growth, urbanization, and the increasing use of plastics in various applications. As a result, the global inorganic catalyst market is expected to continue to grow in the coming years as demand for petrochemicals and polymers continues to increase. As the demand for these products continues to increase, the need for more efficient and cost-effective production methods using inorganic catalysts is expected to grow as well. All these factors are going to increase the demand of global inorganic catalysts market.
Favorable Government Policies & Schemes
Governments are also promoting the development and adoption of new technologies such as carbon capture and storage, which require the use of inorganic catalysts to convert carbon dioxide into useful products. In addition, some governments are implementing policies to promote the use of renewable energy sources such as wind and solar power, which require the use of inorganic catalysts in the production of solar panels and other components.
Recent Developments
- In 2023, The Supramolecular andSustainable Chemistry Group at the Department of Inorganic and OrganicChemistry at Jaume I University in Castello has developed a catalyst capable ofconverting CO2 into high-value chemicals, particularly cyclic carbonates. Experimentallytested in laboratory conditions, the technology seeks development and adaptationin specific applications through special agreements and licenses with thecompany.
- In 2021, BASF SA acquires ZodiacEnterprises LLC assets in Caldwell, Texas to boost the catalyst recyclingeconomy. This acquisition, provide BSAF SA gain access to recycles preciousmetals from industrial scrap, primarily chemical catalysts and provideincreased smelting capacity in North America.
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Market Segmentation
Company Profiles
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Application |
| Regional scope | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Country scope | United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, France, China, India, South Korea, Japan, Australia, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE |
| Key companies profiled | Grace Catalysts Technologies, BASF SE , ALBemarle Corporation (Ketjen Corporation), Evonik Industries AG, LyondellBasell Industries Holdings B.V., Arkema SA, Dow Chemical Co., Haldor Topsoe A/S, Honeywell International Inc, and Clariant International Ltd |
| 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. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
In this report, global Inorganic Catalyst market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below
- Inorganic Catalyst Market, By Type
- Sodium Salts
- Magnesium Salts
- Calcium Salts
- Potassium Salts
- Ammonium Salts
- Inorganic Catalyst Market, By Application
- Chemicals
- Food and Beverages
- Pharmaceuticals
- Agriculture
- Personal Care
- Others
- Inorganic Catalyst Market, By Region
Competitive landscape
Company Profiles
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Company Information
- Detailed analysis and profiling of additional market players (up to five).
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