Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||940886|
|Published||Content info||280 Pages
Delivery time: 1-2 business days
|Published: April 1, 2021||Content info: 280 Pages||
Global Catalyst Regeneration Market to Reach $5.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Catalyst Regeneration estimated at US$4.6 Billion in the year 2020, is projected to reach a revised size of US$5.9 Billion by 2027, growing at aCAGR of 3.7% over the period 2020-2027. Off-Site Regeneration, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach US$3.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Site Regeneration segment is readjusted to a revised 3.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 6.7% CAGR
The Catalyst Regeneration market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.
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