Market Overview:
The global homogeneous catalyst market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for homogeneous catalysts in various applications, such as catalytic, petrochemical, fine chemicals and others. In terms of type, the liquid acid segment is expected to lead the global homogeneous catalyst market during the forecast period. This can be attributed to its high reactivity and efficiency in various chemical processes.
Product Definition:
A homogeneous catalyst is a substance that speeds up a chemical reaction without being consumed in the process. Homogeneous catalysts are important because they can make reactions happen faster and more efficiently than if the same reaction were to take place without a catalyst.
Liquid Acid:
Liquid acid is a solution of hydrogen and carbonic acid in water. It is usually produced on an industrial scale as a by-product of phosphoric acid production. The major application of liquid acetic acid is to produce ethyl alcohol, which finds its major application in the beverage industry.
Secox:
Secox is a brand name of oxime-based drug. It is used to treat asthma and other respiratory diseases. The drug works by opening airways which enables free breathing. It also reduces the inflammation of lungs, thus making it easier for the body to breathe.
The global homogeneous catalyst market size was valued at USD 7,500 million in 2016.
Application Insights:
The other applications of homogeneous catalysts include chemical synthesis, precious metal refining, and pharmaceuticals. The others segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period owing to increasing demand for catalyst from various industries such as food & beverage, personal care & cosmetics.
Petrochemical application is projected to be one of the fastest-growing segments during the study period on account of rising demand for gasoline along with other petrochemicals including LPG, CNG, H2SO4, etc. Fine chemicals are also anticipated to exhibit high growth rate during the forecast period owing to growing environmental concerns regarding discharge from industrial plants which results in acid rain impacting upon natural resources such as forests and lakes thereby depleting natural reserves leading into depletion which can be remedied by using homogeneous catalysis thus resulting into increased consumption of fine chemicals thereby driving its consumption over next seven years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of the total revenue in 2017 owing to high product demand from various end-use industries, such as petrochemicals, metallurgy & metalworking, fine chemicals and others. China is projected to remain a key consumer due to increasing industrial production along with rapid urbanization and GDP growth.
The Middle East & Africa (MEA) region also contributed significantly towards the overall industry growth owing to rising petroleum refining activities coupled with increasing oil production across major countries including Saudi Arabia, UAE and Iran. However, low crude oil prices are anticipated to negatively impact catalysis manufacturing activities in MEA during the forecast period.
North America emerged as one of the significant consumers due toward growing demand for efficient catalysts from various end-use industries that aid industrial development along with supporting economic recovery post recessionary phase within U.S.
Growth Factors:
- Increasing demand for automobiles and growing automotive industry: The growth of the automotive industry is one of the key factors driving the demand for homogeneous catalysts. The increasing demand for automobiles across the globe is resulting in an increase in the production of emissions from vehicles, which is fueling the growth of the homogeneous catalyst market.
- Stringent environmental regulations: Stringent environmental regulations pertaining to vehicular emissions are propellingthe adoptionofhomogeneous catalysts worldwide. These regulations mandate vehicle manufacturers to equip their vehicles with emission control systems, which are primarily composed of homogeneous catalysts.
- Growing popularity of gasoline direct injection (GDI) engines: The growing popularityofGDIenginesis another major factor drivingthegrowthofthehomogeneouscatalystmarket . GDI engines offer several advantages over traditional gasoline engines, such as improved fuel economy and lower emissions levels . This has led to an increase in their adoption in passenger cars and light commercial vehicles across the globe .
- Rising awareness about benefits offered by homogeneous catalysts: There is a rising awareness among consumers aboutthebenefitsofferedbyhomogenouscatalysts ,such as low emissions levels and high fuel efficiency . This is prompting them to opt for vehicles equipped with these devices, thereby propellingthegrowthofthehomogenouscatalystmarket .
Scope Of The Report
Report Attributes
Report Details
Report Title
Homogeneous Catalyst Market Research Report
By Type
Liquid Acid, Secox, Basic Catalyst
By Application
Catalytic, Petrochemical, Fine Chemicals, Others
By Companies
Topsoe, KWH, BASF, Argillon, Cornetech, HITACHI, B&W, Fuel Tech, TKC, SK, Ceram, SHELL, FBE, Mitsubishi, CCIC, DSM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Homogeneous Catalyst Market Report Segments:
The global Homogeneous Catalyst market is segmented on the basis of:
Types
Liquid Acid, Secox, Basic Catalyst
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Catalytic, Petrochemical, Fine Chemicals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Topsoe
- KWH
- BASF
- Argillon
- Cornetech
- HITACHI
- B&W
- Fuel Tech
- TKC
- SK
- Ceram
- SHELL
- FBE
- Mitsubishi
- CCIC
- DSM
Highlights of The Homogeneous Catalyst Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Acid
- Secox
- Basic Catalyst
- By Application:
- Catalytic
- Petrochemical
- Fine Chemicals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Homogeneous Catalyst Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A homogeneous catalyst is a catalyst that is composed of the same material throughout its surface.
Some of the major players in the homogeneous catalyst market are Topsoe, KWH, BASF, Argillon, Cornetech, HITACHI, B&W, Fuel Tech, TKC, SK, Ceram, SHELL, FBE, Mitsubishi, CCIC, DSM.
The homogeneous catalyst market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Homogeneous Catalyst Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Homogeneous Catalyst Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Homogeneous Catalyst Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Homogeneous Catalyst Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Homogeneous Catalyst Market Size & Forecast, 2020-2028
4.5.1 Homogeneous Catalyst Market Size and Y-o-Y Growth
4.5.2 Homogeneous Catalyst Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Liquid Acid
5.2.2 Secox
5.2.3 Basic Catalyst
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Catalytic
6.2.2 Petrochemical
6.2.3 Fine Chemicals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Homogeneous Catalyst Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Homogeneous Catalyst Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Liquid Acid
9.6.2 Secox
9.6.3 Basic Catalyst
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Catalytic
9.10.2 Petrochemical
9.10.3 Fine Chemicals
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Liquid Acid
10.6.2 Secox
10.6.3 Basic Catalyst
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Catalytic
10.10.2 Petrochemical
10.10.3 Fine Chemicals
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Liquid Acid
11.6.2 Secox
11.6.3 Basic Catalyst
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Catalytic
11.10.2 Petrochemical
11.10.3 Fine Chemicals
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Liquid Acid
12.6.2 Secox
12.6.3 Basic Catalyst
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Catalytic
12.10.2 Petrochemical
12.10.3 Fine Chemicals
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Liquid Acid
13.6.2 Secox
13.6.3 Basic Catalyst
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Catalytic
13.10.2 Petrochemical
13.10.3 Fine Chemicals
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Homogeneous Catalyst Market: Competitive Dashboard
14.2 Global Homogeneous Catalyst Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Topsoe
14.3.2 KWH
14.3.3 BASF
14.3.4 Argillon
14.3.5 Cornetech
14.3.6 HITACHI
14.3.7 B&W
14.3.8 Fuel Tech
14.3.9 TKC
14.3.10 SK
14.3.11 Ceram
14.3.12 SHELL
14.3.13 FBE
14.3.14 Mitsubishi
14.3.15 CCIC
14.3.16 DSM
