Latest Market Research Report 2025

  The global   catalyst market   was valued at USD 31.09 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2030. This projected growth is largely attributed to the increasing demand from manufacturers across the globe seeking to optimize industrial processes, enhance product yield, and achieve both cost and energy savings. Catalysts play a critical role in a wide range of applications, including petroleum refining, chemical synthesis, polymers and petrochemicals, and environmental management—sectors that are experiencing heightened activity and demand. The polymer sector, in particular, is notably diverse and includes thermosets, thermoplastics, and elastomers. Each of these segments is growing independently, and their collective expansion is expected to significantly drive the demand for catalysts over the next eight years. Polymers are witnessing increasing usage in several end-use industries, especially in the automoti...

  Catalyst Industry Overview The global  catalyst market  size is expected to reach USD 48.0 billion by 2027, expanding at a CAGR of 4.4%, as per a new report by Grand View Research Inc. Increasing the manufacturing of polymers is projected to play a vital role in the growth of the market. In addition, the presence of regulations supporting the manufacturing and use of catalysts is expected to augment market growth over the next eight years. Catalyst Market Segmentation Grand View Research has segmented the global catalyst market on the basis of raw material, product by application, and region: Based on the Raw Material Insights, the market is segmented into Chemical compounds, Metals, Zeolites, and Others Chemical compounds emerged as the dominant raw material segment of the market representing a value share of 38.3% in 2019. Chemical compounds such as sulfuric acid, hydrofluoric acid, and  calcium carbonate are used as catalyst raw materials for numerou...