Chemical Market ShareAnalysis Supported Catalyst Market - Global Industry Analys | Page 2

Supported catalysts are gaining widespread popularity for catalytic reforming process in the downstream oil & gas
industry, thereby offering lucrative growth opportunities for market player in the past few years. Use of supported
catalyst in catalytic reforming processes is projected to improve overall yield of light cut oils such as gasoline, high-
speed diesel, and superior kerosene oil. In addition, increasing investment for the production of petroleum derivatives
via syngas is expected to drive market demand for support catalysts in the near future.
Furthermore, increasing number of stringent laws & regulatory reforms by regional & international authorities such as
National Ambient Air Quality Standards (NAAQS) is predicted to fuel the use of catalysts as an environmental
protection material.
Get a Sample Copy of This Report @
https://www.millioninsights.com/industry-reports/supported-catalyst-market/request-sample
The market is broadly categorized into four major segments based on the application type such as petroleum refining
sector, environmental sector, chemical synthesis and polymer manufacturing sector. The petroleum-refining segment
is growing rapidly in the supported catalyst industry with substantial revenue generation in the last few years. Growing
popularity of supported catalyst in the petroleum-refining segment is attributed to the rising preference from large-
scale manufactures.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies in oil & gas industry,
higher approval rate from regional government authorities, surge in number of research & development activities and
existence of well-established industrial infrastructure in the region.
Asia-Pacific region is estimated to hold major share with the massive growth in forecast period. Countries such as India,
China and Singapore are leading the Asia-Pacific market with strong economic growth, rising manufacturing activities,
favorable government laws & regulation regarding use of support catalyst and significant investment by leading
industry players considering potential growth opportunities in the region.
The key players in the supported catalyst market are BASF SE, Johnson Matthey LLC, W.R. Grace and Company,
Albemarle Corp., Evonik Industries AG, and E. I. du Pont de Nemours and Company.
Market Segment:
The reports help answer the following questions:
• What is the current size of the supported catalyst market in the world and in the top 10 global countries?
• How is the supported catalyst market divided into different product segments?