Hydrogenation Catalyst Market Analysis

The market is segmented by end user into chemical, oil & gas, food, pharmaceutical, and polymer, out of which, the food segment is anticipated to hold the largest share in the global hydrogenation catalyst market. This can be accounted to the high usage of hydrogenation for making a large variety of manufactured goods, such as spreads and shortenings, from liquid oils. Apart from this, growing utilization of hydrogenation process to increase the chemical stability of food products is also predicted to boost the growth of the market segment in the future. Additionally, on the basis of form, the heterogeneous segment is assessed to acquire the largest share during the forecast period ascribing to the ease of separation provided during catalysis by this type of catalysts

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

By Product Type

Precious Metal Based Hydrogenation Catalyst
Common Metal Based Hydrogenation Catalyst
Alloys
Others

By Form

Heterogeneous
Homogeneous

By End User

Chemical
Oil & Gas
Food
Pharmaceutical
Polymer

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hydrogenation catalyst is assessed at USD 3.74 billion.

Hydrogenation Catalyst Market size was over USD 3.63 billion in 2024 and is projected to reach USD 5.68 billion by 2037, growing at around 3.5% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is poised to hold largest revenue share by 2037, on account of increasing investments in oil & gas exploration activities, where hydrogenation catalysts are used for petroleum refining.

The major players in the market are BASF SE, Evonik Industries AG, SOLVIAS AG, W. R. Grace and Co., CRI/Criterion Inc., and others.

Hydrogenation Catalyst Market Analysis