The global precious metal catalysts market was valued at USD 601.6 million in 2021 and projected to reach USD 2,965 million by 2030, growing at a CAGR of 19.1% during the forecast period, 2022-2030.
The significant factors are the growing demand from end-use industries such as petrochemicals, pharmaceuticals for chemical synthesis, automobiles, and refining. Additionally, the increasing product consumption in the drugs due to its use as the anti-cancer agent will spur the global precious metal catalysts industry in the future periods.
Major market player included in this report are:
American Elements
Sabin Metal Corporation
Chimet S.p.A.
BASF SE
Evonik Industries AG
Clariant
Alfa Aesar
Johnson Matthey
Heraeus Group
Vineeth Precious Catalysts Pvt Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Platinum
Palladium
Ruthenium
Rhodium
Rhenium
Iridium
Gold
By Application
Automotive
Refining
Petrochemicals
Oil and Mining
Others
By Region:
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rusia
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
Furthermore, years considered for the study are as follows:
Historical year 2017, 2020
Base year 2021
Forecast period 2022 to 2030.
Target Audience of the Global Precious Metal Catalysts Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors