The global catalyst market experienced modest growth during 2007-2012. It is expected to retain similar growth over 2013-2018 led by continuous expansion of chemical and automobile sectors, the end-users of catalysts upon whose performance the industry growth is directly dependent. Industry revenue is forecast to reach an estimate
d $19.6 billion by 2018 with a CAGR of 2.4% over the next five years (2013-2018). Growing chemical and automobile industries are the major drivers of the industry. New products, emerging markets, and new technologies also stimulate industry growth.
A total of 48 figures / charts and 12 tables are provided in this report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of the catalyst market report, download
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This report is geographically segmented into four regions: North America, Europe, Asia Pacific (APAC), and the Rest of the World (ROW). Europe dominates the industry, but North America and Europe is forecast to witness the highest growth over 2013-2018.
Lucintel has identified that the high level of investment involved, highly technical process involved, and technology norms are some of the major growth challenges. Increasing environmental preservation, growing demand for green chemistry, emerging demand for less toxic material, high energy cost, and increasing industrial application are the drivers providing the industry with competitive advantage.
Catalyst market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market. To make business, investment, and strategic decisions, you need timely, useful information and these market reports fulfill these core needs. This Lucintel research report provides excellent understanding of recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trend, emerging trends, industry forecasts, Porter's Five Forces Analysis, product launches, and mergers and acquisitions that determine the regional and segment opportunities, competitive landscape, and profitability trend and analysis of the major industry players. The key insights sections portray beneficial information on an industry segment's growth and regional growth trends.
Some of the features of Growth Opportunities in the Global Catalyst Market report are: