Global Industrial Catalyst Market

Apr 2020| VMR945B| Verified Market Research

Report Highlights

Industrial Catalyst Market Size And Forecast
According to Verified Market Research, the Global Industrial Catalyst Market was valued at USD 20.9 Billion in 2019 and is projected to reach USD 28.6 Billion by 2027, growing at a CAGR of 4.11% from 2020 to 2027.

Global Industrial Catalyst Market Overview
The surge in demand for petroleum derivatives will boost the demand for industrial catalysts that are utilized for heavy oil processing and upgrading. It converts complex and large organic molecules into light petroleum products. Zeolites are extensively used as a catalyst to support a broad range of processes, which influenced interest in catalytic applications in the petroleum refining sector, such as hydrocracking, FCC, reforming, isomerization, and alkylation. Therefore, it can be stated that the growing refinery industry will increase the demand for petroleum fuels that in turn will boost the industrial catalyst market during the forecast period.

Global Industrial Catalyst Market Competitive landscape
The “Global Industrial Catalyst Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players in the market are BASF SE, Albemarle Corporation, Evonik Industries AG, and Others.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report