Market Overview:
The global homogeneous precious metal catalyst market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for homogeneous precious metal catalysts from various end-use industries, such as pharmaceuticals & biomedicine, refineries, agrochemicals, electrochemical and power generation. In addition, the growing demand for automobiles and rising awareness about environmental protection are also contributing to the growth of this market. Based on type, the global homogeneous precious metal catalyst market is segmented into platinum group metals (PGMs), namely platinum (Pt), palladium (Pd), rhodium (Rh), ruthenium (Ru) and others. Among these segments, Pt held a major share of the global market in 2017 and is projected to grow at a CAGR of 5.5% during 2018-2030 owing to its high catalytic activity and wide range of applications across various industries.
Product Definition:
A homogeneous precious metal catalyst is a catalyst that is in the same phase as the reactants. This type of catalyst is important because it can promote more efficient chemical reactions.
Platinum:
Platinum is a chemical element produced by the collision of an astute metal atom with rhodium or iridium. It is one of the rarest elements on earth and has only been found in combination with other metals in a few minerals. Platinum group metals have high thermal and electrical conductivities, low toxicity, and great catalytic activity which makes them very useful for industrial applications.
Palladium:
Palladium is a lustrous, white, soft metal that exhibits an excellent resistance to corrosion. It is normally found in the form of the mineral pentlandite. However, it can also be obtained as a by-product of platinum group metals mining such as South Africa’s Witwatersrand and U.S.-based De Beers Group Ltd.
Application Insights:
Electrochemical application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. Increasing demand for HPMC from various electrochemical applications, such as fuel cells, water treatment, and others is expected to drive growth.
The pharmaceutical & biomedical application segment was valued at USD 544.5 million in 2017 owing to rising use of platinum catalyst from glucose dehydrogenase (GDH) systems used in cancer treatment and diabetes mellitus management. The other major factor contributing towards high product demand includes its use as a component in medical equipment that requires low maintenance & operating costs along with high stability & activity levels during operation.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and South Korea. Growing population coupled with increasing living standards have spurred product demand across various end-use industries such as healthcare & pharmaceuticals; food & beverage; automobiles; construction materials among others.
China has emerged as a major consumer of these catalysts owing to rapid industrialization along with an increase in infrastructure activities that have fueled construction spending across the country. In addition, robust economic growth supported by significant investments from domestic government are anticipated to drive industry expansion over the coming years.
North America accounted for a significant share of global revenue due to high product consumption in chemical manufacturing sectors of U.S.
Growth Factors:
- Increasing demand for automobiles and heavy vehicles
- Growing awareness about the benefits of using catalysts in automotive exhaust systems
- Stringent environmental regulations worldwide that mandate the use of catalysts in automotive exhaust systems
- Technological advancements that have led to the development of more efficient and durable catalysts
- Rising prices of precious metals, which has made catalyst manufacturers more inclined to use them in their products
Scope Of The Report
Report Attributes
Report Details
Report Title
Homogeneous Precious Metal Catalyst Market Research Report
By Type
Platinum, Palladium, Rhodium, Ruthenium, Others
By Application
Pharmaceutical & Biomedical, Refineries, Agrochemicals, Electrochemical, Power Generation, Others
By Companies
BASF SE, Evonik Industries AG, Johnson Matthey Plc, Heraeus Group, Clariant International Ltd, Umicore SA, Vineeth Precious Catalysts Pvt. Ltd, Haldor Topsoe, Umicore N.V., American Elements, Chimet S.p.A, Shanxi Kaida Chemical Engineering Co., Ltd., Sabin Metal Corporation
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Homogeneous Precious Metal Catalyst Market Report Segments:
The global Homogeneous Precious Metal Catalyst market is segmented on the basis of:
Types
Platinum, Palladium, Rhodium, Ruthenium, Others
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
Pharmaceutical & Biomedical, Refineries, Agrochemicals, Electrochemical, Power Generation, 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:
- BASF SE
- Evonik Industries AG
- Johnson Matthey Plc
- Heraeus Group
- Clariant International Ltd
- Umicore SA
- Vineeth Precious Catalysts Pvt. Ltd
- Haldor Topsoe
- Umicore N.V.
- American Elements
- Chimet S.p.A
- Shanxi Kaida Chemical Engineering Co., Ltd.
- Sabin Metal Corporation
Highlights of The Homogeneous Precious Metal 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:
- Platinum
- Palladium
- Rhodium
- Ruthenium
- Others
- By Application:
- Pharmaceutical & Biomedical
- Refineries
- Agrochemicals
- Electrochemical
- Power Generation
- 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 Precious Metal 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.
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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 precious metal catalyst is a type of catalyst that uses a single type of precious metal to catalyze chemical reactions. This allows for more efficient and consistent reactions than using multiple types of precious metals, which can lead to inconsistent results.
Some of the key players operating in the homogeneous precious metal catalyst market are BASF SE, Evonik Industries AG, Johnson Matthey Plc, Heraeus Group, Clariant International Ltd, Umicore SA, Vineeth Precious Catalysts Pvt. Ltd, Haldor Topsoe, Umicore N.V., American Elements, Chimet S.p.A, Shanxi Kaida Chemical Engineering Co., Ltd., Sabin Metal Corporation.
The homogeneous precious metal catalyst market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Homogeneous Precious Metal 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 Precious Metal Catalyst Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Homogeneous Precious Metal 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 Precious Metal 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 Precious Metal Catalyst Market Size & Forecast, 2020-2028
4.5.1 Homogeneous Precious Metal Catalyst Market Size and Y-o-Y Growth
4.5.2 Homogeneous Precious Metal 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 Platinum
5.2.2 Palladium
5.2.3 Rhodium
5.2.4 Ruthenium
5.2.5 Others
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 Pharmaceutical & Biomedical
6.2.2 Refineries
6.2.3 Agrochemicals
6.2.4 Electrochemical
6.2.5 Power Generation
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Homogeneous Precious Metal 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 Precious Metal 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 Platinum
9.6.2 Palladium
9.6.3 Rhodium
9.6.4 Ruthenium
9.6.5 Others
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 Pharmaceutical & Biomedical
9.10.2 Refineries
9.10.3 Agrochemicals
9.10.4 Electrochemical
9.10.5 Power Generation
9.10.6 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 Platinum
10.6.2 Palladium
10.6.3 Rhodium
10.6.4 Ruthenium
10.6.5 Others
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 Pharmaceutical & Biomedical
10.10.2 Refineries
10.10.3 Agrochemicals
10.10.4 Electrochemical
10.10.5 Power Generation
10.10.6 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 Platinum
11.6.2 Palladium
11.6.3 Rhodium
11.6.4 Ruthenium
11.6.5 Others
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 Pharmaceutical & Biomedical
11.10.2 Refineries
11.10.3 Agrochemicals
11.10.4 Electrochemical
11.10.5 Power Generation
11.10.6 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 Platinum
12.6.2 Palladium
12.6.3 Rhodium
12.6.4 Ruthenium
12.6.5 Others
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 Pharmaceutical & Biomedical
12.10.2 Refineries
12.10.3 Agrochemicals
12.10.4 Electrochemical
12.10.5 Power Generation
12.10.6 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 Platinum
13.6.2 Palladium
13.6.3 Rhodium
13.6.4 Ruthenium
13.6.5 Others
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 Pharmaceutical & Biomedical
13.10.2 Refineries
13.10.3 Agrochemicals
13.10.4 Electrochemical
13.10.5 Power Generation
13.10.6 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 Precious Metal Catalyst Market: Competitive Dashboard
14.2 Global Homogeneous Precious Metal Catalyst Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 Evonik Industries AG
14.3.3 Johnson Matthey Plc
14.3.4 Heraeus Group
14.3.5 Clariant International Ltd
14.3.6 Umicore SA
14.3.7 Vineeth Precious Catalysts Pvt. Ltd
14.3.8 Haldor Topsoe
14.3.9 Umicore N.V.
14.3.10 American Elements
14.3.11 Chimet S.p.A
14.3.12 Shanxi Kaida Chemical Engineering Co., Ltd.
14.3.13 Sabin Metal Corporation
