DUBLIN--(BUSINESS WIRE)--The "Global Precious Metal Catalysts Market - Technologies, Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
Global precious metal catalysts market is expected to grow with a CAGR of 6.5% over forecast period 2017-2024.
The major driving forces of global precious metal catalysts market are environmental concerns & their legal implications and growing demand from end-user industries, extensive research & development for improving the quality coupled with high utilization in automotive sector.
However, the precious metal catalysts market growth is restricted by several factors, such as emergence of nano-particle catalysts coupled with loss of activity through poising & thermal deactivation and performance dependency on temperature. Global precious metal catalysts market faces challenges in various aspects that include price volatility of precious metals and less stringent emission regulations in Asia-Pacific region. However, the market has various opportunities that would help in increasing the market revenue over forecast period (2017-2024). The opportunities include increasing investment in automobile sector and rapidly growing pharmaceutical industry.
Global precious metal catalysts market report includes two major segments that are type and end-user. Further, the type segment covers various sub-segments that are Platinum, Palladium, Rhodium, Ruthenium and Iridium. The platinum catalyst segment is accounted to be the dominant segment under type segment in 2017 in terms of revenue. Similarly, on the basis of end-user, the sub-segments are automobile, pharmaceutical, refinery and others. The automobile sector is expected to witness the fastest growth rate under global precious metal catalysts market over forecast period 2017-2024.
Key Topics Covered
2. Market Overview
3. Market Determinants
4. Global Precious Metal Catalysts Market by Type
5. Global Precious Metal Catalysts Market by End-User
6. Competitive Landscape
7. Geographic Analysis
8. Company Profiles
- Alfa Aesar
- ALS Limited
- BASF SE
- Chimet S.P.A.
- Clariant International Ltd.
- Evonik Industries AG
- Heraeus Group
- Johnson Matthey Plc
- Kunming Sino-Platinum Metals Catalyst Co. Ltd.
- N.E. Chemcat Corporation
- Sabin Metal Corporation
- Shanxi Kaida Chemical Engineering Co. Ltd.
- Stanford Advanced Materials
- Umicore SA
- Vineeth Precious Catalysts Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/zldvwx/global_precious?w=4