The global precious metal catalysts market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for catalysts in various industries such as automotive, pharmaceuticals, and refinery. The automotive industry is one of the major end-users of precious metal catalysts and it accounts for more than 50% share in the global market. In addition, there are various other applications such as pharmaceuticals and refinery which are also driving the growth of this market globally.
The North American region dominates this market with a share exceeding 40%. This can be attributed to high demand from automobile manufacturers in North America which has led to increased production levels and hence higher consumption rates for precious metal catalysts in this region. Asia Pacific is expected to witness significant growth during the forecast period owing to its large population base coupled with an increase in disposable income levels leading to increased demand for automobiles across all segments including luxury cars which require platinum-based catalytic converters that use platinum as a catalyst material.
Some Of The Growth Factors Of This Market:
- The increasing demand for catalysts in the chemical industry is a major factor driving the growth of the precious metal catalysts market.
- The increasing demand for precious metal catalysts in the pharmaceutical industry is also a major factor driving the growth of this market.
- The growing need to reduce emissions from fossil fuels and other sources is also a major factor driving this market's growth, as it increases demand for renewable energy sources such as solar and wind power, which require precious metal catalysts to function efficiently.
- Increasing research and development activities in this field are also expected to drive this market's growth over the forecast period, as they lead to new discoveries that can be commercialized by companies operating in this space.
Industry Growth Insights published a new data on “Precious Metal Catalysts Market”. The research report is titled “Precious Metal Catalysts Market research by Types (Platinum, Palladium, Rhodium, Iridium, Ruthenium, Others), By Applications (Automobile, Pharmaceutical, Refinery, Others), By Players/Companies BASF, Evonik Industries, Johnson Matthey, Heraeus Group, Clariant International, Umicore, Alfa Aesar, Shaanxi Kai Da Chemical Engineering, Xi'an Catalyst New Materials, Vineeth Precious Catalysts, Chimet, Sabin Metal Corporation, American Elements, Remettal Deutschland, ALS Limited, J&J Materials”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Precious Metal Catalysts Market Research Report
By Type
Platinum, Palladium, Rhodium, Iridium, Ruthenium, Others
By Application
Automobile, Pharmaceutical, Refinery, Others
By Companies
BASF, Evonik Industries, Johnson Matthey, Heraeus Group, Clariant International, Umicore, Alfa Aesar, Shaanxi Kai Da Chemical Engineering, Xi'an Catalyst New Materials, Vineeth Precious Catalysts, Chimet, Sabin Metal Corporation, American Elements, Remettal Deutschland, ALS Limited, J&J Materials
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Precious Metal Catalysts Market Report Segments:
The global Precious Metal Catalysts market is segmented on the basis of:
Types
Platinum, Palladium, Rhodium, Iridium, 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
Automobile, Pharmaceutical, Refinery, 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
- Heraeus Group
- Clariant International
- Umicore
- Alfa Aesar
- Shaanxi Kai Da Chemical Engineering
- Xi'an Catalyst New Materials
- Vineeth Precious Catalysts
- Chimet
- Sabin Metal Corporation
- American Elements
- Remettal Deutschland
- ALS Limited
- J&J Materials
Highlights of The Precious Metal Catalysts 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
- Iridium
- Ruthenium
- Others
- By Application:
- Automobile
- Pharmaceutical
- Refinery
- 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 Catalysts 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?
Precious metal catalysts are materials that help speed up the chemical reactions in a process. They are made of different types of precious metals, such as platinum, gold, and silver.
Some of the major companies in the precious metal catalysts market are BASF, Evonik Industries, Johnson Matthey, Heraeus Group, Clariant International, Umicore, Alfa Aesar, Shaanxi Kai Da Chemical Engineering, Xi'an Catalyst New Materials, Vineeth Precious Catalysts, Chimet, Sabin Metal Corporation, American Elements, Remettal Deutschland, ALS Limited, J&J Materials.
The precious metal catalysts market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Precious Metal Catalysts 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 Catalysts 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 Catalysts Market - Supply Chain
4.5. Global Precious Metal Catalysts Market Forecast
4.5.1. Precious Metal Catalysts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Precious Metal Catalysts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Precious Metal Catalysts Market Absolute $ Opportunity
5. Global Precious Metal Catalysts 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 Catalysts Market Size and Volume Forecast by Type
5.3.1. Platinum
5.3.2. Palladium
5.3.3. Rhodium
5.3.4. Iridium
5.3.5. Ruthenium
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Precious Metal Catalysts 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 Catalysts Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Pharmaceutical
6.3.3. Refinery
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Precious Metal Catalysts 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 Catalysts 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 Catalysts 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 Catalysts 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 Catalysts Demand Share Forecast, 2019-2026
9. North America Precious Metal Catalysts 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 Catalysts 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 Catalysts Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Pharmaceutical
9.4.3. Refinery
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 Catalysts Market Size and Volume Forecast by Type
9.7.1. Platinum
9.7.2. Palladium
9.7.3. Rhodium
9.7.4. Iridium
9.7.5. Ruthenium
9.7.6. Others
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 Catalysts Demand Share Forecast, 2019-2026
10. Latin America Precious Metal Catalysts 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 Catalysts 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 Catalysts Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Pharmaceutical
10.4.3. Refinery
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 Catalysts Market Size and Volume Forecast by Type
10.7.1. Platinum
10.7.2. Palladium
10.7.3. Rhodium
10.7.4. Iridium
10.7.5. Ruthenium
10.7.6. Others
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 Catalysts Demand Share Forecast, 2019-2026
11. Europe Precious Metal Catalysts 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 Catalysts 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 Catalysts Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Pharmaceutical
11.4.3. Refinery
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 Catalysts Market Size and Volume Forecast by Type
11.7.1. Platinum
11.7.2. Palladium
11.7.3. Rhodium
11.7.4. Iridium
11.7.5. Ruthenium
11.7.6. Others
11.8. Basis Point Shre (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 Catalysts Demand Share, 2019-2026
12. Asia Pacific Precious Metal Catalysts 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 Catalysts 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 Catalysts Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Pharmaceutical
12.4.3. Refinery
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 Catalysts Market Size and Volume Forecast by Type
12.7.1. Platinum
12.7.2. Palladium
12.7.3. Rhodium
12.7.4. Iridium
12.7.5. Ruthenium
12.7.6. Others
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 Catalysts Demand Share, 2019-2026
13. Middle East & Africa Precious Metal Catalysts 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 Catalysts 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 Catalysts Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Pharmaceutical
13.4.3. Refinery
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 Catalysts Market Size and Volume Forecast by Type
13.7.1. Platinum
13.7.2. Palladium
13.7.3. Rhodium
13.7.4. Iridium
13.7.5. Ruthenium
13.7.6. Others
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 Catalysts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Precious Metal Catalysts Market: Market Share Analysis
14.2. Precious Metal Catalysts Distributors and Customers
14.3. Precious Metal Catalysts 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. Heraeus Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Clariant International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Umicore
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Alfa Aesar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shaanxi Kai Da Chemical Engineering
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Xi'an Catalyst New Materials
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vineeth Precious Catalysts
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chimet
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sabin Metal Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. American Elements
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Remettal Deutschland
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. ALS Limited
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. J&J Materials
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
