USD 23.6 billion
Heterogeneous Catalyst Market Size, Share, and Growth Analysis
Heterogeneous Catalyst Market By Product Type (Metal-based, Chemical-based), By Application (Petroleum Refining, Chemical Synthesis), By End-use Industry (Oil and Gas, Chemicals and Petrochemicals), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG15G2022 |
Region:
Global |
Published Date: March, 2025
Pages:
184
|Tables:
36
|Figures:
76
Format -
Heterogeneous Catalyst Market Insights
Heterogeneous Catalyst Market size was valued at USD 23.6 billion in 2023 and is poised to grow from USD 24.64 billion in 2024 to USD 34.77 billion by 2032, growing at a CAGR of 4.4% during the forecast period (2025-2032).
They need to have a large number of active sites (large surface area) to achieve a high catalytic activity, heterogeneous catalysts are often materials that are nanostructured. Raman spectroscopy is used to analyse heterogeneous catalysts at every stage of their life cycle, including preparation, activation, reaction, and regeneration. The growth of the global market is predicted to continue during the forecast period due to economic expansion in emerging markets, increased awareness of the advantages of Heterogeneous Catalyst costs among developed nations, rising production and expanding capacity in the Chemical industry, and a healthy expansion of the pharmaceutical and food & beverage industries in developing nations. When the phase of the catalysts differs from that of the reactants or products, this is known as heterogeneous catalysis. In contrast, homogeneous catalysis involves the presence of the catalyst, reactants, and products in the same phase. Heterogeneous catalysts typically consist of particles that are introduced to gas or liquid reaction mixtures. The reactants adsorb onto binding sites on the surface of the catalyst in heterogeneous catalysis, and the availability of these reaction sites might restrict the rate of heterogeneous reactions Process optimisation, yield improvement and energy conservation are in high demand among manufacturers worldwide due to the rising need for catalysts from applications such as chemical synthesis, petroleum refining, polymers and petrochemicals, and environmental protection.
US Heterogeneous Catalyst Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Chemical Synthesis
Fastest Growth
Petroleum Refining
Growth Rate
4.4% CAGR
Global Heterogeneous Catalyst Market ($ Bn)
Country Share for Asia Pacific Region (%)
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Heterogeneous Catalyst Market Segments Analysis
Global Heterogeneous Catalyst Market is segmented by Product Type, Application, End-use Industry and region. Based on Product Type, the market is segmented into Metal-based, Chemical-based, Zeolites-based and Others. Based on Application, the market is segmented into Petroleum Refining, Chemical Synthesis, Environmental Catalysis, Polymerization, Hydrogenation and Others. Based on End-use Industry, the market is segmented into Oil and Gas, Chemicals and Petrochemicals, Environmental and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Heterogeneous Catalyst Market Analysis by Product Type
The Metal-based catalysts accounted for the largest share of the global heterogeneous catalyst market, with a market size of over USD 13 billion. Metal-based catalysts are widely used in the chemical industry for reactions such as hydrogenation, oxidation, and dehydrogenation. These catalysts are also used in the petroleum refining industry for various refining processes.
Zeolites-based catalysts accounted for a significant share of the global heterogeneous catalyst market, with a market size of over $6 billion. Zeolites-based catalysts are commonly used in the petroleum refining industry for cracking, isomerization, and other refining processes. They are also used in the chemical industry for reactions such as dehydration, alkylation, and more.
Heterogeneous Catalyst Market Analysis by Application
Global Heterogenous Catalyst market the segment of with a value share of 26.3% for heterogeneous catalysts, chemical synthesis became the market's most popular application category. Raw materials and raw material chemistry are involved in chemical synthesis, which uses catalysts in reactions as Contact, Haber, and the conversion of ammonia to nitric acid. As a result, over the forecast period, increased catalyst demand is anticipated due to the rise of the worldwide chemical sector. Because of their exceptional qualities and traits, such as their support of enantioselective processes, activation of alkenes and alkynes, and increased stability, catalysts are frequently used in chemical synthesis. Moreover, they don't need any additional ligands, are cost-competitive, and have remarkable functional group tolerance. The growth of the category is being driven by all of the aforementioned causes, which have increased the use of catalysts in chemical synthesis.
The fastest growing segment is petroleum refining. In order to boost the production of high-quality products in petroleum refining, catalysts are typically utilised in the cracking of feedstock components. The use of a catalyst encourages the optimisation of hydrocracking reactions while also providing financial and energy savings advantages. This has encouraged the market expansion of applications for petroleum refining.
Global Heterogeneous Catalyst Market By Application
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Heterogeneous Catalyst Market Regional Insights
The Asia-Pacific region is expected to continue dominating the market in the coming years due to the increasing demand for chemicals and petrochemicals from various end-use industries, including automotive, construction, and packaging, among others. Moreover, the growing investments in research and development activities to enhance the performance of heterogeneous catalysts are also expected to drive the market growth in the region. As FDI investments rise and lucrative growth potential are predicted by growing countries like India and Vietnam, the market growth in the Asia Pacific region is further boosted.
The fastest growing region is North America. Due to the evolving low sulphur and automotive standards that call for the use of environmental catalysts in the region, North America is the market that is expanding. The need for catalysts, which are used to convert heavy crude oil into light fractions like kerosene, diesel, and gasoline, is expected to increase as gasoline consumption rises in the US. Also, a significant reason in the expansion of the market in North America is the growth of the chemical and oil and gas industries in Mexico.
Global Heterogeneous Catalyst Market By Region
- Largest
- Fastest
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Heterogeneous Catalyst Market Dynamics
Heterogeneous Catalyst Market Drivers
Increasing demand for petrochemicals and chemicals
- The increasing demand for petrochemicals and chemicals is one of the key drivers for the global heterogeneous catalyst market. Heterogeneous catalysts are used in various stages of petrochemical and chemical production, including cracking, hydrogenation, oxidation, and isomerization. The demand for petrochemicals and chemicals is driven by the growth of end-use industries such as automotive, construction, and packaging. These industries require a wide range of chemicals and materials for their manufacturing processes, which in turn drives the demand for petrochemicals. For instance, in the automotive industry, petrochemicals are used in the production of various materials such as plastics, rubber, and synthetic fibres, which are used in the production of various automotive components such as tires, seats, and electrical components. In the construction industry, petrochemicals are used in the production of various building materials such as insulation, pipes, and roofing materials. In the packaging industry, petrochemicals are used in the production of various types of plastics and films. The demand for petrochemicals and chemicals is expected to continue growing due to the increasing global population, urbanization, and the growth of emerging economies. This is expected to drive the demand for heterogeneous catalysts as well, as they are essential for the production of these chemicals and materials.
Growth of end-use industries
- The growth of these end-use industries is expected to drive the demand for heterogeneous catalysts in the coming years. The automotive industry, in particular, is expected to be a major driver for the market, as governments around the world are implementing regulations to reduce emissions from automobiles. This is expected to drive the demand for catalytic converters, which use heterogeneous catalysts. In addition to these industries, the growth of other end-use industries such as healthcare, electronics, and others is also expected to drive the demand for heterogeneous catalysts. Heterogeneous catalysts are used in the production of various chemicals and materials that are required in these industries.
Heterogeneous Catalyst Market Restraints
High Cost
- The production of heterogeneous catalysts requires specialized equipment and expertise, which can result in higher costs. The cost of raw materials used in the production of heterogeneous catalysts can also be a factor that adds to the overall cost. In addition, the cost of transporting the catalysts can also increase the final price of the product. The high cost of heterogeneous catalysts can limit their adoption in certain applications, particularly in industries where cost is a primary concern. This can include industries such as construction and packaging, where cost is a major factor in the decision-making process. However, it is important to note that the cost of heterogeneous catalysts can be offset by their performance advantages over other catalysts. Heterogeneous catalysts offer higher selectivity, longer lifespan, and better stability compared to other catalysts, which can result in lower operating costs over the lifespan of the catalyst.
Availability of Raw Materials
- The availability of raw materials can be affected by various factors such as geographical location, geopolitical issues, and environmental regulations. For example, some raw materials used in the production of heterogeneous catalysts are sourced from regions with political instability or environmental concerns, which can create supply chain disruptions. The limited availability of raw materials can lead to higher costs and supply chain issues, which can limit the adoption of heterogeneous catalysts in certain applications. This can be particularly challenging for small and medium-sized enterprises that may not have the resources to secure reliable sources of raw materials.
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Heterogeneous Catalyst Market Competitive Landscape
The Global Heterogenous Catalyst Market is increased product accessibility. companies are major players in the global heterogeneous catalyst market, and they are involved in the development, production, and distribution of various types of catalysts for different applications.
Top Players in Heterogeneous Catalyst Market
- BASF SE (Germany)
- Johnson Matthey Plc (United Kingdom)
- Clariant AG (Switzerland)
- Evonik Industries AG (Germany)
- W.R. Grace & Co. (United States)
- Honeywell International Inc. (United States)
- Umicore N.V. (Belgium)
- Royal Dutch Shell Plc (Netherlands)
- ExxonMobil Chemical Company (United States)
- Chevron Phillips Chemical Company LLC (United States)
- LyondellBasell Industries N.V. (Netherlands)
- Arkema S.A. (France)
- Haldor Topsoe A/S (Denmark)
- Nippon Ketjen Co., Ltd. (Japan)
- Axens S.A. (France)
- Sinopec Corp. (China)
- Zeolyst International Inc. (United States)
- Albemarle Corporation (United States)
Heterogeneous Catalyst Market Recent Developments
- In January 2024, BASF, a prominent global chemical company, unveiled plans to join forces with Envision Energy, a China-owned entity, with the shared goal of expediting the conversion of green hydrogen and carbon dioxide (CO2) into e-methanol. At the core of this partnership is the integration of BASF's cutting-edge SYNSPIRE catalyst technology with Envision's sophisticated energy management system, culminating in an advanced and dynamic process design.
- In August 2023, Topsoe, a prominent player in the field of sustainable technologies, entered into an agreement with World Energy GH2 to supply dynamic ammonia loop technology for a groundbreaking renewable hydrogen plant situated in Canada. Topsoe offers a range of solutions, encompassing technology, catalysts, and services, that contribute to the global energy transition.
Heterogeneous Catalyst Key Market Trends
- Increasing demand for sustainable catalysts: Sustainable catalysts are catalysts that are environmentally friendly, energy-efficient, and have minimal negative impact on human health. The push for sustainability and reduced emissions is driving demand for heterogeneous catalysts that can support cleaner energy and chemical production processes. For example, the use of heterogeneous catalysts in the production of biofuels can reduce emissions of greenhouse gases and pollutants compared to traditional fossil fuels. The adoption of sustainable catalysts is also driven by regulations and policies aimed at reducing emissions and improving air quality. For instance, the US Environmental Protection Agency (EPA) has implemented regulations to reduce emissions from cars and trucks, which has led to increased demand for catalysts that can reduce emissions of nitrogen oxides (NOx) and other pollutants. Companies are also investing in research and development to create more sustainable catalysts. For example, catalysts based on renewable resources such as biomass and waste materials are being developed as an alternative to conventional catalysts.
Heterogeneous Catalyst Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global heterogeneous catalyst market analysis, the market growth is driven by a range of factors including the increasing demand for petrochemicals and chemicals, the growth of end-use industries, and the push for sustainability and reduced emissions. One of the major drivers of growth in the market is the increasing demand for petrochemicals and chemicals, particularly in developing economies such as China and India. This has led to increased demand for heterogeneous catalysts for use in various applications such as refining, polymerization, and environmental catalysis. The growth of end-use industries such as pharmaceuticals and automotive is also driving demand for heterogeneous catalysts. In terms of regional analysis, Asia Pacific is emerging as a key market for heterogeneous catalysts, driven by the growing demand for petrochemicals and chemicals in the region. Overall, the global heterogeneous catalyst market is expected to continue to grow and evolve in response to changing demand and technological advancements, with sustainable and innovative catalysts playing an increasingly important role in the market.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 23.6 billion |
| Market size value in 2032 | USD 34.77 billion |
| Growth Rate | 4.4% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Heterogeneous Catalyst Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Heterogeneous Catalyst Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Heterogeneous Catalyst Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Heterogeneous Catalyst Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Heterogeneous Catalyst Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Heterogeneous Catalyst Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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