Global Catalyst Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The Global Catalyst Market size was valued at around USD 27.18 billion in 2024 and is projected to reach USD 33.19 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.08% during the forecast period, i.e., 2025-30.

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Global Catalyst Market Dynamics: 2025-2030

Global Catalyst Market Driver:

Strong Demand for Clean & Sustainable Industrial Processes: The implementation of stringent environmental regulations & emission standards worldwide has compelled industries to switch to cleaner & greener production processes in order to reduce harmful emissions. Since catalysts play a vital role in emission reduction, waste treatment, & pollution control, it makes them crucial components in abiding by these regulations. In addition, the mounting focus on renewable energy sources like biofuels, hydrogen, & other sustainable alternatives has created a demand for catalysts used in renewable energy production processes, fuel cells, biomass conversion, etc. Moreover, the mounting demand for cleaner fuels for sustainable transportation owing to rapidly rising environmental concerns is another prominent aspect amplifying the demand for catalysts and, in turn, driving the Catalyst Market.

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Global Catalyst Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Type

-Zeolites- Market Size & Forecast 2020-2030, USD Million

-Metals- Market Size & Forecast 2020-2030, USD Million

-Chemical Compounds- Market Size & Forecast 2020-2030, USD Million

-Enzymes- Market Size & Forecast 2020-2030, USD Million

-Organometallic Materials- Market Size & Forecast 2020-2030, USD Million

By Process

-Recycling- Market Size & Forecast 2020-2030, USD Million

-Regeneration- Market Size & Forecast 2020-2030, USD Million

-Rejuvenation- Market Size & Forecast 2020-2030, USD Million

By Application

-Petroleum Refining- Market Size & Forecast 2020-2030, USD Million

-Chemical Synthesis- Market Size & Forecast 2020-2030, USD Million

-Polymer Catalysis- Market Size & Forecast 2020-2030, USD Million

-Environmental- Market Size & Forecast 2020-2030, USD Million

Here, petroleum refining is the largest application in the catalyst market, owing to the ever-increasing demand for catalysts for the production of fuels & other petroleum products,

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific.

Of all regions globally, Asia-Pacific dominated the Catalyst Market in 2022, which was backed mainly by India & China, 

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Top Companies Operating in the Global Catalyst Market:

-lbemarle Corporation

-Haldor Topsoe A/S

-BASF SE

-Evonik Industries AG

-LyondellBasell Industries Holdings B.V.

-Arkema

-The Dow Chemical Company

-Clariant AG

-W. R. Grace & Co.-Conn.

-Johnson Matthey.

Industry Recent Developments:

• On 28 July 2023, BASF announced the completion of the carve-out of its mobile emissions catalysts and precious metal services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). The company’s intention to carve out the entity was first announced in December 2021, with an expected completion timeframe of 18 months.

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