Market Overview:
The global precious metal catalyst market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for petrochemicals, automotive industry, pharmaceuticals and other applications across the globe. In terms of type, the Ag catalyst segment is expected to hold a major share in the global precious metal catalyst market during the forecast period. This can be attributed to its growing demand for use in various applications such as petrochemicals, automotive industry and others. Asia Pacific is expected to be one of the fastest-growing regions in terms of revenue during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
A precious metal catalyst is a type of catalyst that uses a precious metal as its active component. Precious metals, such as platinum and palladium, are often used in catalytic converters to reduce emissions from automobiles.
Ag Catalyst:
An ag catalyst is a substance that promotes or enhances the speed of chemical reactions during the production of ores and metals. The most common catalysts used in precious metal extraction are PGM (Precious Metal Galvanization) and AgC (Ag Cobalt).
The global demand for catalysts has increased significantly over the past few years owing to an increase in demand from end-use industries such as automotive, construction, chemicals & petroleum, pharmaceuticals & biotechnology.
Au Catalyst:
Au catalyst is an organic compound that acts as a support for the catalytic activity of metals. It has been widely used in laboratory experiments and research on chemical reactions to study the mechanism of catalysis. The most common example of an Au catalyst is bismuth oxychloride (BOCl2) which has been used in many experiments involving oxidation, reduction, and hydrolysis reactions.
Application Insights:
The global precious metal catalyst market is segmented on the basis of application into automotive industry, oil & gas, chemicals, construction and others. The automotive industry was the largest application segment in 2017 and accounted for a volume share of over 30% in 2018. Increasing production of vehicles across the globe is expected to drive demand for various catalysts including platinum group metals (PGM) such as palladium and rhodium which are used as fuel additives or gasoline enhancers.
Increasing use of PGM¢â‚¬â„¢s in manufacturing lightweight alloys that reduce vehicle weight by 10% to 15%, improves fuel efficiency by reducing exhaust emissions thus lowering overall transportation costs has been one of the key factors driving its demand from automobile manufacturers globally. However, stringent environmental regulations pertaining to vehicle emission control may hinder its growth over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as automotive, construction, and electronics. China is one of the largest producers of precious metals; hence it has a major influence on global prices. In addition, India's jewelry industry contributes significantly to domestic consumption as well as exports which further drives product demand in Asia Pacific region.
North America emerged as the second-largest regional market for precious metal catalysts due to high automobile production coupled with growing investments in chemical manufacturing sector mainly based on petrochemicals and polymers. U.S.
Growth Factors:
- Increasing demand for precious metal catalysts in various end-use industries such as automotive, chemical, and pharmaceuticals due to their unique properties and superior performance.
- Growing awareness about the benefits of using precious metal catalysts over traditional catalysts in various end-use industries.
- Rising investments by key players in research and development activities to develop new and innovative products that can cater to the growing demand for precious metal catalysts across different applications segments.
- Proliferation of nanotechnology across different application segments that is expected to create new opportunities for the growth of the Precious Metal Catalyst market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Precious Metal Catalyst Market Research Report
By Type
Ag Catalyst, Au Catalyst, PGMs Catalysts
By Application
Petrochemicals, Automotive industry, Pharmaceuticals, Others
By Companies
BASF, Evonik Industries, Johnson Matthey, Clariant, Umicore, Heraeus Group, Vineeth Chemicals, Arora Matthey
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Precious Metal Catalyst Market Report Segments:
The global Precious Metal Catalyst market is segmented on the basis of:
Types
Ag Catalyst, Au Catalyst, PGMs Catalysts
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
Petrochemicals, Automotive industry, Pharmaceuticals, 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
- Evonik Industries
- Johnson Matthey
- Clariant
- Umicore
- Heraeus Group
- Vineeth Chemicals
- Arora Matthey
Highlights of The 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:
- Ag Catalyst
- Au Catalyst
- PGMs Catalysts
- By Application:
- Petrochemicals
- Automotive industry
- Pharmaceuticals
- 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 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.
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
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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?
Precious metal catalysts are used in various industrial processes to speed up the conversion of raw materials into products. They are also used in chemical reactions to create new substances.
Some of the major players in the precious metal catalyst market are BASF, Evonik Industries, Johnson Matthey, Clariant, Umicore, Heraeus Group, Vineeth Chemicals, Arora Matthey.
The precious metal catalyst market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Precious Metal Catalyst Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Precious Metal Catalyst Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Precious Metal Catalyst Market - Supply Chain
4.5. Global Precious Metal Catalyst Market Forecast
4.5.1. Precious Metal Catalyst Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Precious Metal Catalyst Market Size (000 Units) and Y-o-Y Growth
4.5.3. Precious Metal Catalyst Market Absolute $ Opportunity
5. Global Precious Metal Catalyst Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Precious Metal Catalyst Market Size and Volume Forecast by Type
5.3.1. Ag Catalyst
5.3.2. Au Catalyst
5.3.3. PGMs Catalysts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Precious Metal Catalyst Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Precious Metal Catalyst Market Size and Volume Forecast by Application
6.3.1. Petrochemicals
6.3.2. Automotive industry
6.3.3. Pharmaceuticals
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Precious Metal Catalyst Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Precious Metal Catalyst Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Precious Metal Catalyst Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Precious Metal Catalyst Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Precious Metal Catalyst Demand Share Forecast, 2019-2026
9. North America Precious Metal Catalyst Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Precious Metal Catalyst Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Precious Metal Catalyst Market Size and Volume Forecast by Application
9.4.1. Petrochemicals
9.4.2. Automotive industry
9.4.3. Pharmaceuticals
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Precious Metal Catalyst Market Size and Volume Forecast by Type
9.7.1. Ag Catalyst
9.7.2. Au Catalyst
9.7.3. PGMs Catalysts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Precious Metal Catalyst Demand Share Forecast, 2019-2026
10. Latin America Precious Metal Catalyst Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Precious Metal Catalyst Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Precious Metal Catalyst Market Size and Volume Forecast by Application
10.4.1. Petrochemicals
10.4.2. Automotive industry
10.4.3. Pharmaceuticals
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Precious Metal Catalyst Market Size and Volume Forecast by Type
10.7.1. Ag Catalyst
10.7.2. Au Catalyst
10.7.3. PGMs Catalysts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Precious Metal Catalyst Demand Share Forecast, 2019-2026
11. Europe Precious Metal Catalyst Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Precious Metal Catalyst Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Precious Metal Catalyst Market Size and Volume Forecast by Application
11.4.1. Petrochemicals
11.4.2. Automotive industry
11.4.3. Pharmaceuticals
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Precious Metal Catalyst Market Size and Volume Forecast by Type
11.7.1. Ag Catalyst
11.7.2. Au Catalyst
11.7.3. PGMs Catalysts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Precious Metal Catalyst Demand Share, 2019-2026
12. Asia Pacific Precious Metal Catalyst Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Precious Metal Catalyst Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Precious Metal Catalyst Market Size and Volume Forecast by Application
12.4.1. Petrochemicals
12.4.2. Automotive industry
12.4.3. Pharmaceuticals
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Precious Metal Catalyst Market Size and Volume Forecast by Type
12.7.1. Ag Catalyst
12.7.2. Au Catalyst
12.7.3. PGMs Catalysts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Precious Metal Catalyst Demand Share, 2019-2026
13. Middle East & Africa Precious Metal Catalyst Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Precious Metal Catalyst Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Precious Metal Catalyst Market Size and Volume Forecast by Application
13.4.1. Petrochemicals
13.4.2. Automotive industry
13.4.3. Pharmaceuticals
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Precious Metal Catalyst Market Size and Volume Forecast by Type
13.7.1. Ag Catalyst
13.7.2. Au Catalyst
13.7.3. PGMs Catalysts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Precious Metal Catalyst Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Precious Metal Catalyst Market: Market Share Analysis
14.2. Precious Metal Catalyst Distributors and Customers
14.3. Precious Metal Catalyst Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Evonik Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson Matthey
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Clariant
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Umicore
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Heraeus Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vineeth Chemicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Arora Matthey
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
