DUBLIN--(BUSINESS WIRE)--The "Global Precious Metal Catalysts Market Analysis 2019" report has been added to ResearchAndMarkets.com's offering.
The Precious Metal Catalysts market is expected to reach $26.73 billion by 2026 growing at a CAGR of 8.3% during 2018 to 2026. Precious metal catalysts are noble metals widely used in the chemical industry owing to their ability to speed up the chemical process. Gold, palladium, platinum, rhodium, and silver are some of the examples of precious metals. Precious metal catalysts are those which consist of highly dispersed nano-scale precious metal particles supported on a high surface area such as carbon, silica, and alumina. These catalysts have several applications in a variety of industries. Each precious metal catalyst has unique characteristics. These catalysts are primarily used for organic synthesis reactions. Factors such as growing demand from end-use sectors, environmental concerns and their legal implications are driving the market growth. Though, high production costs are restraining the market. Moreover, increasing investment in automobile sector and increasing demand for maintaining high octane number are the opportunities for the Precious metal catalysts.
Based on type, the platinum has significant growth during the forecast period. The platinum catalyst helps to reduce the CO2 emission. The platinum catalyst segment can be attributed to the rise in the sale of diesel vehicles in Europe and North America and the introduction of more stringent Euro 6 and Euro 7 emission rules in Europe, which is expected to drive the market for platinum catalysts, as it is mainly used as emission control catalysts. It is largely used in the automobile sector to reduce the effect of pollutants released by the industrial processing units.
Key Questions Answered in this Report:
- How this market evolved since the year 2016
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
Fastest growing markets analysed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Precious Metal Catalysts Market, By Type
5.11 Other Types
6 Global Precious Metal Catalysts Market, By End User
6.9 Other End Users
7 Global Precious Metal Catalysts Market, By Geography
7.1 North America
7.3 Asia Pacific
7.4 South America
7.5 Middle East & Africa
8 Strategic Benchmarking
9 Vendors Landscape
9.1 BASF SE
9.2 Clariant AG
9.3 Vineeth Precious Catalysts Pvt. Ltd.
9.4 Evonik Industries AG
9.5 Johnson Matthey PLC
9.6 Shaanxi Kai Da Chemical Engineering Co.,Ltd
9.7 Heraeus Group
9.8 Alfa Aesar
9.9 Vineet Chemicals
9.10 Umicore Sa
9.11 Xi'an Catalyst New Material Co, Ltd.
9.12 Chimet S.P.A.
9.13 Stanford Advanced Materials
9.14 DCL International Inc.
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