Emerging customized catalyst carriers based on application requirements and rising demand from end-use industries such as petrochemicals, oil & gas, and chemicals are aiding growth of catalyst carriers. Catalysts demand intricate innovation and improvisation in their material composition and structure to portray reliable application with high-end performance.
The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.
The report offers actionable and valuable insights on the Catalyst Carriers market. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Catalyst Carriers across various industries and regions.
To get in-depth insights Request for Brochure here- https://www.factmr.com/connectus/sample?flag=B&rep_id=1263
Emerging customized catalyst carriers based on application requirements and rising demand from end-use industries such as petrochemicals, oil & gas, and chemicals are aiding growth of catalyst carriers. Catalysts demand intricate innovation and improvisation in their material composition and structure to portray reliable application with high-end performance.
In addition, expansion strategies and increasing geographical reach to ensure reliable supply chain network have resulted in fruitful offerings for catalyst carrier manufacturers. Demand for spheres and extrudate catalyst carriers will remain high over the next ten years across regions.
Overall, the global catalyst carriers market is projected to expand at a steady CAGR of around 4% through 2031.
Key Takeaways from Market Study
- The global catalyst carriers market is anticipated to add 1.4X value by 2031.
- Ceramic-based catalyst carriers capture major market share and are set to create US$ 133.6 Mn opportunity over the decade.
- Chemical application is the fastest-growing segment based on end-use industry.
- North America is set to dominate market revenue, and is expected to gain 226 BPS in its market share by 2031.
- Pore size >0.7 cm3/g is anticipated to gain around 71 BPS in the long-run forecast period.
- The United States, China, and GCC countries are key markets governing the demand for catalyst carriers.
Segmentation Analysis of Catalyst Carriers Market
The global catalyst carriers market is classified majorly into seven segments: type, material type, shape, surface area, pore volume, end-use industry and region.
On the basis of type, the catalyst carriers market can be segmented as:
- Ceramics
- Activated Carbon
- Zeolites
- Others
On the basis of material type, the catalyst carriers market can be segmented as:
- Alumina
- Titania
- Zirconia
- Silicon Carbide
- Silica
- Others
On the basis of shape, the catalyst carriers market can be segmented as:
- Porous
- Spheres
- Extrudate
- Powder
- Honeycomb
- Others
Request Customized Report as Per Your Requirements – https://www.factmr.com/connectus/sample?flag=RC&rep_id=1263
On the basis of surface area, the catalyst carriers market can be segmented as:
- Low (0-10 m2/g)
- Intermediate Surface Area (10 – 120 m2/g)
- High (>120 m2/g)
On the basis of pore volume, the catalyst carriers market can be segmented as:
- 0-0.3 cm3/g
- 0.3-0.7 cm3/g
- >0.7 cm3/g
On the basis of end-use industry, the catalyst carriers market can be segmented as:
- Chemical Processing
- Petrochemicals
- Pharmaceutical
- Automotive
- Agrochemicals
- Others
Fragmented High Potential Market: Competition Tuning Factor
Key manufacturers of catalyst carriers are Almatis, BASF, Cabot Corporation, CeramTec, CoorsTek, Evonik Industries, Magma Catalysts, Noritake Co. Limited, SASOL, and W.R.Grace. The market is partially fragmented with a significant number of players positioned in East Asia, Europe, and North America.
Growing demand for catalyst carriers in chemical and petrochemical applications has allowed the market valuation to grow substantially in the last decade. Despite being partially fragmented, higher potential of the product will attract new players to this space.
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Media Contact
Company Name: Fact.MR
Contact Person: Neha Bhosle
Email: Send Email
Phone: 6282511583
Address:US Sales Office: 11140 Rockville Pike
City: Rockville
State: Maryland
Country: United States
Website: https://www.factmr.com