DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/dbzsbz/global_catalyst) has announced the addition of the "Global Catalyst Market Forecast Report, 2016" report to their offering.
One of the major drivers of the global catalyst market is the increasing demand for clean fuels. The Automobile industry is growing at a rapid pace and an increasing number of stringent regulations are coming into effect, limiting the sulfur concentration in transportation fuels. This has resulted in a high demand for catalysts that are used in hydrotreating applications to remove sulfur from gasoline and diesel.
Since the Global Catalyst market is a highly competitive market, manufacturers are creating new and innovative catalysts and exploring potential markets to increase their revenue. The Global Catalyst market is witnessing increased investment in R&D teams for the development of innovative products and services. A considerable amount of research is also being done to recycle and regenerate spent catalysts. The Refining industry has developed and is using innovative technologies to utilize regenerated catalyst in their operations, and thus, has made them the leading consumers of regenerated catalysts. Also, leading vendors in the market are entering into strategic partnerships to address issues related to life-cycle, selectivity, and recyclability of catalysts. These manufacturers are increasingly dedicating large resources for designing and developing new catalysts and related technologies. New high-performing catalysts which offer improved selectivity, longer run-cycles, and other characteristics are expected to be introduced in the market soon.
Further, the report states that one of the major challenges faced by this market is the volatility of the raw material prices, which, in turn results in the rise of finished product prices.
The key vendors dominating this space include:
- Albemarle Corp.
- BASF SE
- Johnson Matthey plc
- W. R. Grace & Co.
The other vendors mentioned in this report are:
- Axens S.A.
- Clariant AG
- Haldor Topsoe A/S
- LyondellBasell Industries N.V
- Umicore S.A.
- Univation Technologies LLC
- UOP LLC.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
04. Market Research Methodology
05. Scope of the Report
06. Market Landscape
07. Market Segmentation by Application
07.1 Global Catalyst Market by Application
07.2 Global Environmental Catalyst Market
- Mobile Emission Control
- Stationary Emission Control
07.3 Global Petroleum Refining Catalyst Market
07.4 Global Chemical Manufacturing Catalysts Market
07.5 Global Polymer Catalysts Market
- Single Site
08. Market Segmentation by Types
- Homogeneous Catalysts
- Heterogeneous Catalysts
09. Geographical Segmentation
10. Vendor Landscape
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/dbzsbz/global_catalyst