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Catalyst Carriers Market size is forecast to reach $335.1 million by 2025, after growing at a CAGR of 6.5% during 2020-2025. The market is witnessing growth due to the increasing usage in petroleum derivatives and growing energy demand in fast-growing emerging economies. Stringent environmental regulation pertaining to petroleum treatment and demand for efficient catalysts across all industrial verticals is also increasing the consumption of catalyst carriers.
Report Coverage.
The report: “Catalyst Carriers Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Catalyst Carriers Industry.
By Product Type: Ceramics, Activated Carbon, Zeolites, and Others.
By Type: Sphere, porous, ring, extrude, honeycomb, and others.
By End Use Industry: Oil & Gas, chemical manufacturing, automotive, agrochemicals, and others.
By Geography: North America, South America, Europe, APAC, and RoW.
Key Takeaways
- The research and development operation going onto develop innovative catalyst carriers to increase the mechanism of action and development of cost-effective catalysts are likely to provide opportunities for the catalyst carrier market in upcoming years.
- The COVID-19 outbreak across the globe have affected the manufacturing process due and increases the manufacturing cost. In addition, the use of rare-earth metals has also become the major factor to hinder the growth of the market.
By Product Type - Segment Analysis
The market is segmented into product type which includes ceramics, activated carbon, zeolites, and others. Ceramic catalyst carriers are estimated to be the fastest-growing type segment of the catalyst carriers market during the forecast period. The growth of the segment is mainly attributed to its growing consumption in petroleum refining in catalytic cracking hydroprocessing and catalytic reforming as a support material with the catalyst. They are also used in chemical synthesis of various hydrocarbons and the Haber’s process. Also, ceramic catalyst carriers form an important group of commonly used carrier materials in heterogeneous catalysis. They are primarily used in selective oxidation processes. As heterogenous catalysis bulk material catalysts are used to convert gaseous or liquid reactants.
By Type - Segment Analysis
The market is also segmented by type which includes sphere, porous, ring, extrudate, honeycomb, and others. Sphere shaped catalyst carriers is expected to be the fastest-growing application segment of the catalyst carriers market during the forecast period. The growth of the segment is mainly attributed to its superior properties such higher stiffness, lower thermal expansion, lighter weight, increased corrosion resistance, and higher electrical resistance than its counterparts. In terms of single-species and complex catalyst, homogenous catalyst comes into picture. In single-species catalysis, the rate laws for noncatalytic reactions apply, the only difference being that the catalyst appears as both a reactant and a product.
By End Use Industry - Segment Analysis
The oil and gas industry stands to be the dominating segment. Factors such a growing need for cleaner fuels and heavy and sour crudes, industries such as petrochemicals and chemical synthesis to provide efficient reaction output. Consumption in petroleum refining, catalytic reforming, and catalytic cracking hydroprocessing is the primary source of demand from the oil & gas industry. A reforming unit operates at extremely high temperatures and uses catalysts to syndicate and convert low-weight naphtha into aromatics that are used to blend gasoline and make chemicals. In addition, chemical manufacturing segment is the second largest end users of catalyst carriers.
Geography - Segment Analysis
APAC region is projected to be the fastest growing market for catalyst carriers. Significant economic development has contributed to the growth of the region's manufacturing sector that has guided the growth of the chemical, oil & gas, and automotive industries. Low cost of production, easy access to skilled workforce at low cost, and high investment in capacity expansion in these industries in the area is further expected from government initiatives such as FCI. The growth of catalyst carriers market in the area is expected to drive these factors.
Drivers – Catalyst Carriers Market
Inflexible rules related to petroleum treatment
The International Energy Agency (IEA) has predicted that between 2000 and 2050 fuel consumption and CO2 emissions from the world's vehicles would approximately double. CO2 emissions from the combustion of fossil fuels will rise by 45 per cent from 2006 to 2030, with 97 per cent of this rise occurring in non-OECD countries. One-fifth of this rise is the product of GHG emissions from global transport–98 percent of which will occur in non-OECD countries. To promote global reductions of the transport sector's CO2 emissions, technological progress will need to go hand in hand with supporting policies. New environmental regulations to minimize air pollution by lowering gasoline sulfur content and ultra-low diesel sulfur content (ULSD) have enabled the petroleum treatment process, which in turn relies on the form of catalyst and material used in the refining process. Catalysis is a major factor in the refining of petroleum, as the process after crude unit is catalytic. In the presence of hydrogen and metallic catalysts, for example, gasoline with low aromatic content (benzene / naphthalenes) is produced after alkylation of light olefins with isobutane. Thus, the use of catalyst with a carrier is essential for efficient conversion to obtain high product yield. This is expected to boost the catalyst carrier market.
Challenges – Catalyst Carriers Market
Raw material price fluctuation
Catalyst carriers are synthesized primarily from different metal and non-metal oxides. Over time, the cost of the raw materials used to produce catalyst carriers fluctuated. This has significantly affected the catalyst carriers market. In addition, some of them are synthesized from rare earth elements which due to their low availability increase the overall cost of manufacturing catalyst carriers. The cost of raw materials is expected to fluctuate further in the immediate future, thereby impacting the catalyst carrier market significantly. Also, metal prices that go into catalyst carrier production have fluctuated in recent years. This is supposed to have a significant effect on catalyst carrier producers, as they will be forced to pass the cost on to catalyst carrier consumers.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Catalyst Carriers market. In 2019, the market of Catalyst Carriers has been consolidated by the top five players accounting for xx% of the share. Catalyst Carriers Market top 10 companies are CeramTec GmbH (Germany), Saint-Gobain (France), W. R. Grace & Co. (US), CoorsTek Inc. (US), Cabot Corporation (US), Almatis GmbH (Germany), Sasol Ltd. (South Africa), Evonik Industries (Germany), NORITAKE CO., LIMITED (Japan), and Magma Ceramics & Catalysts (UK), among others.
Acquisitions/Technology Launches:
- In July 2017, catalyst carriers for the Accu sphere were introduced by Saint Gobain Norpro (U.S.). This new spherical catalyst carrier is estimated to meet the increasing demand of small diameter supports from the petrochemical, chemical & refining industry to provide high geometric surface area, uniform packaging, and even flow distribution.
1. Catalyst Carriers Market - Market Overview
1.1 Definitions and Scope
2. Catalyst Carriers Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by Product Type
2.3 Key Trends by Type
2.4 Key Trends by End-Use Industry
2.5 Key Trends by Geography
3. Catalyst Carriers Market - Landscape
3.1 Comparative analysis
3.1.1 Market Share Analysis- Top Companies
3.1.2 Product Benchmarking- Top Companies
3.1.3 Top 5 Financials Analysis
3.1.4 Patent Analysis- Top Companies
3.1.5 Pricing Analysis
4. Catalyst Carriers Market - Startup Companies Scenario (Premium)
4.1 Top startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Catalyst Carriers Market – Industry Market Entry Scenario Premium (Premium)
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top companies
6. Catalyst Carriers Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Market Opportunities
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Catalyst Carriers Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Market life cycle
7.4 Suppliers and distributors Analysis
8. Catalyst Carriers Market – By Product Type (Market Size -$Million)
8.1 Ceramics
8.2 Activated Carbon
8.3 Zeolites
8.4 Others
9. Catalyst Carriers Market – By Type (Market Size -$Million)
9.1 Sphere
9.2 Porous
9.3 Ring
9.4 Extrude
9.5 Honeycomb
9.6 Others
10. Catalyst Carriers Market – By End-User (Market Size -$Million)
10.1 Oil & Gas
10.2 Chemical Manufacturing
10.3 Automotive
10.4 Agrochemicals
10.5 Others
11. Catalyst Carriers Market - By Geography (Market Size -$Million)
11.1 North America
11.1.1 U.S.
11.1.2 Canada
11.1.3 Mexico
11.2 South America
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Colombia
11.2.4 Rest of South America
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Russia
11.3.6 Spain
11.3.7 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 ANZ
11.4.3 South Korea
11.4.4 India
11.4.5 Rest of APAC
11.5 ROW
11.5.1Middle East
11.5.2Africa
12. Catalyst Carriers Market - Entropy
12.1 New Product Launches
12.2 M&A’s, Collaborations, JVs and Partnerships
13. Market Share Analysis (Premium)
13.1 Market Share by Country- Top companies
13.2 Market Share by Region- Top companies
13.3 Market Share by type of Product / Product category- Top companies
13.4 Market Share at global level- Top companies
13.5 Best Practices for companies
14. Catalyst Carriers Market- List of Key Companies by Country (Premium)
15. Catalyst Carriers Market- Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Company 1
15.3 Company 2
15.4 Company 3
15.5 Company 4
15.6 Company 5
15.7 Company 6
15.8 Company 7
15.9 Company 8
15.10 Company 9
15.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"
LIST OF TABLES
1.Global Catalyst Carriers Market By Product Type Market 2019-2024 ($M)1.1 Ceramics Market 2019-2024 ($M) - Global Industry Research
1.2 Activated Carbon Market 2019-2024 ($M) - Global Industry Research
1.3 Zeolites Market 2019-2024 ($M) - Global Industry Research
2.Global Catalyst Carriers Market By Shape/Composition Market 2019-2024 ($M)
2.1 Sphere Market 2019-2024 ($M) - Global Industry Research
2.2 Porous Market 2019-2024 ($M) - Global Industry Research
2.3 Ring Market 2019-2024 ($M) - Global Industry Research
2.4 Extrudate Market 2019-2024 ($M) - Global Industry Research
2.5 Honeycomb Market 2019-2024 ($M) - Global Industry Research
3.Global Catalyst Carriers Market By End-Use Industry Market 2019-2024 ($M)
3.1 Oil & Gas Market 2019-2024 ($M) - Global Industry Research
3.2 Chemical Manufacturing Market 2019-2024 ($M) - Global Industry Research
3.3 Automotive Market 2019-2024 ($M) - Global Industry Research
4.Global Catalyst Carriers Market By Product Type Market 2019-2024 (Volume/Units)
4.1 Ceramics Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Activated Carbon Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Zeolites Market 2019-2024 (Volume/Units) - Global Industry Research
5.Global Catalyst Carriers Market By Shape/Composition Market 2019-2024 (Volume/Units)
5.1 Sphere Market 2019-2024 (Volume/Units) - Global Industry Research
5.2 Porous Market 2019-2024 (Volume/Units) - Global Industry Research
5.3 Ring Market 2019-2024 (Volume/Units) - Global Industry Research
5.4 Extrudate Market 2019-2024 (Volume/Units) - Global Industry Research
5.5 Honeycomb Market 2019-2024 (Volume/Units) - Global Industry Research
6.Global Catalyst Carriers Market By End-Use Industry Market 2019-2024 (Volume/Units)
6.1 Oil & Gas Market 2019-2024 (Volume/Units) - Global Industry Research
6.2 Chemical Manufacturing Market 2019-2024 (Volume/Units) - Global Industry Research
6.3 Automotive Market 2019-2024 (Volume/Units) - Global Industry Research
7.North America Catalyst Carriers Market By Product Type Market 2019-2024 ($M)
7.1 Ceramics Market 2019-2024 ($M) - Regional Industry Research
7.2 Activated Carbon Market 2019-2024 ($M) - Regional Industry Research
7.3 Zeolites Market 2019-2024 ($M) - Regional Industry Research
8.North America Catalyst Carriers Market By Shape/Composition Market 2019-2024 ($M)
8.1 Sphere Market 2019-2024 ($M) - Regional Industry Research
8.2 Porous Market 2019-2024 ($M) - Regional Industry Research
8.3 Ring Market 2019-2024 ($M) - Regional Industry Research
8.4 Extrudate Market 2019-2024 ($M) - Regional Industry Research
8.5 Honeycomb Market 2019-2024 ($M) - Regional Industry Research
9.North America Catalyst Carriers Market By End-Use Industry Market 2019-2024 ($M)
9.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
9.2 Chemical Manufacturing Market 2019-2024 ($M) - Regional Industry Research
9.3 Automotive Market 2019-2024 ($M) - Regional Industry Research
10.South America Catalyst Carriers Market By Product Type Market 2019-2024 ($M)
10.1 Ceramics Market 2019-2024 ($M) - Regional Industry Research
10.2 Activated Carbon Market 2019-2024 ($M) - Regional Industry Research
10.3 Zeolites Market 2019-2024 ($M) - Regional Industry Research
11.South America Catalyst Carriers Market By Shape/Composition Market 2019-2024 ($M)
11.1 Sphere Market 2019-2024 ($M) - Regional Industry Research
11.2 Porous Market 2019-2024 ($M) - Regional Industry Research
11.3 Ring Market 2019-2024 ($M) - Regional Industry Research
11.4 Extrudate Market 2019-2024 ($M) - Regional Industry Research
11.5 Honeycomb Market 2019-2024 ($M) - Regional Industry Research
12.South America Catalyst Carriers Market By End-Use Industry Market 2019-2024 ($M)
12.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
12.2 Chemical Manufacturing Market 2019-2024 ($M) - Regional Industry Research
12.3 Automotive Market 2019-2024 ($M) - Regional Industry Research
13.Europe Catalyst Carriers Market By Product Type Market 2019-2024 ($M)
13.1 Ceramics Market 2019-2024 ($M) - Regional Industry Research
13.2 Activated Carbon Market 2019-2024 ($M) - Regional Industry Research
13.3 Zeolites Market 2019-2024 ($M) - Regional Industry Research
14.Europe Catalyst Carriers Market By Shape/Composition Market 2019-2024 ($M)
14.1 Sphere Market 2019-2024 ($M) - Regional Industry Research
14.2 Porous Market 2019-2024 ($M) - Regional Industry Research
14.3 Ring Market 2019-2024 ($M) - Regional Industry Research
14.4 Extrudate Market 2019-2024 ($M) - Regional Industry Research
14.5 Honeycomb Market 2019-2024 ($M) - Regional Industry Research
15.Europe Catalyst Carriers Market By End-Use Industry Market 2019-2024 ($M)
15.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
15.2 Chemical Manufacturing Market 2019-2024 ($M) - Regional Industry Research
15.3 Automotive Market 2019-2024 ($M) - Regional Industry Research
16.APAC Catalyst Carriers Market By Product Type Market 2019-2024 ($M)
16.1 Ceramics Market 2019-2024 ($M) - Regional Industry Research
16.2 Activated Carbon Market 2019-2024 ($M) - Regional Industry Research
16.3 Zeolites Market 2019-2024 ($M) - Regional Industry Research
17.APAC Catalyst Carriers Market By Shape/Composition Market 2019-2024 ($M)
17.1 Sphere Market 2019-2024 ($M) - Regional Industry Research
17.2 Porous Market 2019-2024 ($M) - Regional Industry Research
17.3 Ring Market 2019-2024 ($M) - Regional Industry Research
17.4 Extrudate Market 2019-2024 ($M) - Regional Industry Research
17.5 Honeycomb Market 2019-2024 ($M) - Regional Industry Research
18.APAC Catalyst Carriers Market By End-Use Industry Market 2019-2024 ($M)
18.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
18.2 Chemical Manufacturing Market 2019-2024 ($M) - Regional Industry Research
18.3 Automotive Market 2019-2024 ($M) - Regional Industry Research
19.MENA Catalyst Carriers Market By Product Type Market 2019-2024 ($M)
19.1 Ceramics Market 2019-2024 ($M) - Regional Industry Research
19.2 Activated Carbon Market 2019-2024 ($M) - Regional Industry Research
19.3 Zeolites Market 2019-2024 ($M) - Regional Industry Research
20.MENA Catalyst Carriers Market By Shape/Composition Market 2019-2024 ($M)
20.1 Sphere Market 2019-2024 ($M) - Regional Industry Research
20.2 Porous Market 2019-2024 ($M) - Regional Industry Research
20.3 Ring Market 2019-2024 ($M) - Regional Industry Research
20.4 Extrudate Market 2019-2024 ($M) - Regional Industry Research
20.5 Honeycomb Market 2019-2024 ($M) - Regional Industry Research
21.MENA Catalyst Carriers Market By End-Use Industry Market 2019-2024 ($M)
21.1 Oil & Gas Market 2019-2024 ($M) - Regional Industry Research
21.2 Chemical Manufacturing Market 2019-2024 ($M) - Regional Industry Research
21.3 Automotive Market 2019-2024 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Catalyst Carriers Market Revenue, 2019-2024 ($M)2.Canada Catalyst Carriers Market Revenue, 2019-2024 ($M)
3.Mexico Catalyst Carriers Market Revenue, 2019-2024 ($M)
4.Brazil Catalyst Carriers Market Revenue, 2019-2024 ($M)
5.Argentina Catalyst Carriers Market Revenue, 2019-2024 ($M)
6.Peru Catalyst Carriers Market Revenue, 2019-2024 ($M)
7.Colombia Catalyst Carriers Market Revenue, 2019-2024 ($M)
8.Chile Catalyst Carriers Market Revenue, 2019-2024 ($M)
9.Rest of South America Catalyst Carriers Market Revenue, 2019-2024 ($M)
10.UK Catalyst Carriers Market Revenue, 2019-2024 ($M)
11.Germany Catalyst Carriers Market Revenue, 2019-2024 ($M)
12.France Catalyst Carriers Market Revenue, 2019-2024 ($M)
13.Italy Catalyst Carriers Market Revenue, 2019-2024 ($M)
14.Spain Catalyst Carriers Market Revenue, 2019-2024 ($M)
15.Rest of Europe Catalyst Carriers Market Revenue, 2019-2024 ($M)
16.China Catalyst Carriers Market Revenue, 2019-2024 ($M)
17.India Catalyst Carriers Market Revenue, 2019-2024 ($M)
18.Japan Catalyst Carriers Market Revenue, 2019-2024 ($M)
19.South Korea Catalyst Carriers Market Revenue, 2019-2024 ($M)
20.South Africa Catalyst Carriers Market Revenue, 2019-2024 ($M)
21.North America Catalyst Carriers By Application
22.South America Catalyst Carriers By Application
23.Europe Catalyst Carriers By Application
24.APAC Catalyst Carriers By Application
25.MENA Catalyst Carriers By Application
26.Ceramtec GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Magma Ceramics & Catalysts, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Saint-Gobain, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.W. R. Grace & Co., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Coorstek Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Cabot Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Almatis GmbH, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Sasol Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Evonik Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)