Catalysts for Energy Market Analysis

The catalysts for energy market for energy applications is segmented by material into chemicals, zeolites, metals, and others, out of which, the zeolites segment is anticipated to hold the largest share in the market during the forecast period as zeolites can withstand high temperatures and have large surface area for adsorption. On the basis of type, the market is segmented into refinery catalyst, gasification catalyst, and others. On the basis of application, the market is segmented into crude oil production, oil recycling, photovoltaic cells, energy conversion, environment protection and others, out of which, the crude oil production segment is estimated to garner significant share over the forecast period, owing to the increasing demand for fossil fuels amongst the constantly rising population.

Our in-depth analysis of the global market includes the following segments:

Type

Refinery Catalysts
Gasification Catalysts
Others

Application

Crude Oil Production
Oil Recycling
Photovoltaic Cells
Energy Conversion
Environment Protection
Others

Material

Chemicals
Zeolite
Metals
Others

Frequently Asked Questions (FAQ)

Growing demand for catalyst in crude oil production and growing environment concerns are the major factors driving the market growth.

The market is anticipated to attain a ~5.5% CAGR over the forecast period, i.e., 2022-2030.

High costs of raw material is one of the major factors estimated to hamper the market growth.

The market in the North America will provide the highest growth opportunities for the market during the forecast period on the back of large number of oil refineries, backed by increasing production of oil & gas in the region.

The major players in the market are BASF SE, KNT Group, Albemarle Corporation, Honeywell International Inc., Clariant Ltd., Shell International B.V. and others.

Catalysts for Energy Market Analysis