Press Release
Press Release
The increasing focus of manufacturers on process optimisation, yield enhancement, cost-reduction, and energy-saving is significantly driving the demand for catalyst in various industries, which is aiding the growth of the overall market. In addition to this, there has been a rise in demand for environmental catalysts as they help manufacturers comply with NOx, SOx, and carbon dioxide emission regulations, thus, contributing to the demand. Based on material, chemical compounds represent one of the significant segments in the industry. The growth of the segment can be attributed to the increasing demand for compounds like sulphuric acid, calcium carbonate, and others for a wide range of applications in industries like chemical, petrochemical, and polymers. These compounds are used as catalyst raw materials to prepare various end use products.
The firms are expanding their production capacities through mergers and acquisitions in order to broaden their market reach and enhance their position in a highly competitive environment. W.R. Grace Co., for example, announced the purchase of Albemarle Corporation's (NYSE: ALB) catalyst company in 2018. The company's polyolefin catalysts and components business has benefited from this acquisition. Such developments are expected to aid the market growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global catalyst market are Albemarle Corporation, Evonik Industries AG, Honeywell International Inc., BASF SE, The Dow Chemical Company, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.