Global Catalysts Market Is Expected To Reach USD 24.1 Billion By 2018: Transparency Market Research

    Global Catalysts Market Is Expected To Reach USD 24.1 Billion By 2018:
                         Transparency Market Research

  PR Newswire

  ALBANY, New York, February 26, 2013

ALBANY, New York, February 26, 2013 /PRNewswire/ --

Transparency Market Research ( http://www.transparencymarketresearch.com ) has
released a new market report titled " Refinery (FCC, Hydrocracking, Catalytic
Reforming), Synthesis, Polymer & Environmental Catalyst Market - Global
Industry Analysis by Material (Zeolites, Metal, Others), by Type (Homogenous &
Heterogeneous), Catalyst Regeneration (Off-site & On-site), Size, Share,
Growth, Trends and Forecast, 2012 - 2018 ," which estimates that the catalysts
demand in 2012 was worth USD 19.2 billion and is forecast to reach USD 24.1
billion by the end of 2018, growing at a CAGR of 3.9% from 2012 and 2018.
North America had garnered highest revenue share in the global catalysts
market in the year 2012.

Browse the full report at
http://www.transparencymarketresearch.com/global-refinery-catalyst-market.html


The global catalysts market is dominated by Asia Pacific, which accounted for
33% of total volume consumed across the world in 2011. Growth of the catalysts
market in Asia Pacific is mainly driven by growing demand from the chemicals
industry. Asia Pacific is leading the global chemical industry in terms of
both production and consumption. The demand for catalysts in Asia Pacific is
expected grow at a rapid pace as compared to North America and Europe. Asia
Pacific was followed by North America with 30.6% share in total volume
consumption. Growth of the catalysts market in North America is mainly driven
by growing demand for catalysts from petroleum refineries. Europe is another
important geography, where increasingly stringent regulations are driving
demand for environmental catalysts.

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In terms of application, chemical synthesis segment dominated the global
market, accounting for 29.4% of total catalyst volume consumed in 2011. Strong
demand from Asia Pacific is expected to be a major growth driver for chemical
synthesis catalysts. Environmental catalysts formed another critical market
segment, accounting for 28.7% share of total catalysts volume consumed in
2011. The major driving factor for the growth of environmental catalysts is
the various regulations introduced by different countries for effective
emission control to safeguard the eco system. Petroleum refinery is another
important market for catalysts. However, demand for petroleum refinery
catalysts is expected to move at a sluggish rate owing to tight refining
margins.

Catalyst regeneration market is expected to reach 1,688.8 kilo tons in 2018,
growing at a CAGR of 3.5% from 2012 to 2018. Off-site regeneration dominated
the market, accounting for 63.9% of total regenerated volumes in 2011.

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BASF SE, Albemarle Corp., Honeywell (UOP), W R Grace, Haldor Topsoe, and
Johnson Matthey are the leading industry participants in the industry. They
collectively accounted for 52.4% share of total revenue generated by the
global catalysts market in 2011.

Catalysts market by type:

  *Heterogeneous
  *Homogenous

Catalysts market by material:

  *Zeolites
  *Metals
  *Chemical compounds
  *Others

Catalysts market by application:

  *Petroleum refinery
  *Chemical synthesis
  *Polymer
  *Environmental

Catalyst regeneration market:

  *Off-site
  *On-site

Catalysts market by geography

  *North America
  *Europe
  *Asia-Pacific
  *Rest of the World (RoW)

Browse all Chemical Industry Research Reports @
http://www.transparencymarketresearch.com/chemical-market-reports-2.html

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