Europe PGM Catalyst Market Size, Share & Trends Analysis Report By Material (Pt, Pd, Ru, Rh, Ir), By Product (Heterogeneous, Homogeneous), By End-Use (Pharmaceuticals, Agrochemicals), And Segment Forecasts, 2023 - 2030

PUBLISHED: October 5, 2023

PAGES: 120 Pages

DELIVERY TIME: 2-10 business days

ADD TO COMPARE

SELECT AN OPTION

The Europe PGM catalyst market size is expected to reach USD 3.46 billion by 2030, as per the new report by Grand View Research, Inc.. The market is expected to grow at a CAGR of 4.7% from 2023 to 2030. This is attributed to the increasing application of PGM catalysts in chemical manufacturing. The chemical industry is one of Europe's largest manufacturing sectors. As a crucial enabling industry, it is pivotal in delivering innovative materials and technological solutions to enhance Europe's industrial competitiveness. Various products are manufactured within the chemical industry, including petrochemicals, polymers, basic inorganics, and specialty chemicals. While the industry faces significant challenges, such as intensified competition from other nations and escalating costs, it is undergoing rapid structural transformations. Despite these obstacles, the industry has demonstrated resilience by swiftly recovering from economic crises and maintaining a relatively stable position in terms of overall sales.

Europe emerged as the second-largest producer of chemicals after China in 2022. Domestically, Germany, France, and Italy were the top three markets for chemicals produced and sold in Europe in 2022. The flourishing chemical manufacturing industry in Europe opens numerous growth opportunities for products like PGM catalysts as these products have a wide scope of application in chemical manufacturing. Furthermore, PGM catalysts are derived from the compounds of platinum group metals (PGMs) like platinum, rhodium, palladium, and iridium. Fluctuation in the prices of these raw materials directly influences the cost of production of PGM catalysts and subsequently affects the product's final cost. Europe has limited domestic sources of various platinum group metals, particularly platinum, and palladium, which are the most used PGMs in the formulation of catalysts.

Europe PGM Catalyst Market Report Highlights:

The platinum (Pt) segment is likely to register the fastest CAGR of 5.1% from 2023 to 2030. It is a precious substance and is extensively used as a catalyst in various industrial and chemical processes
The heterogeneous PGM catalyst segment will record the fastest CAGR of 4.8% from 2023 to 2030 as these catalysts are used in a diverse range of chemical reactions, including the production of specialty chemicals, pharmaceuticals, and petrochemicals
The pharmaceutical segment is expected to grow at the fastest CAGR of 5.0% from 2023 to 2030 as platinum group metal catalysts play a crucial role in the pharmaceuticals industry, particularly for synthesizing complex organic molecules
Germany is projected to be the fastest-growing region with a CAGR of 5.7% from 2023 to 2030. The chemical industry in Germany, which encompasses the pharmaceutical sector, is prominent in Europe
The penetration of platinum group metal catalysts is increasing in Europe's pharmaceuticals and agrochemicals industries due to versatile properties, such as high corrosion resistance, high melting points, and remarkable catalytic properties
In 2023, Evonik Industries AG strengthened its position in the catalyst market by expanding its product portfolio. The extensive portfolio of heterogeneous catalysts offered by the company has been complemented by homogeneous catalysts

Product Code: GVR-4-68040-132-1

Chapter 1 Methodology and Scope

1.1 Market Segmentation & Scope
1.2 Market Definition
1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
1.4 Information analysis
1.5 Market formulation & data visualization
1.6 Data validation & publishing
- 1.6.1 Research scope and assumptions
- 1.6.2 List to Data Sources

Chapter 2 Executive Summary

2.1 Market Snapshot
2.2 Segmental Snapshot
2.3 Competitive Landscape Snapshot

Chapter 3 Europe PGM Catalyst: Market Variables, Trends & Scope

3.1 Market Lineage Outlook
3.2 Industry Value Chain Analysis
3.3 Price Trend Analysis, 2018 - 2030
3.4 Regulatory Framework
3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.2 Market Restraint Analysis
- 3.5.3 Industry Challenges Analysis
- 3.5.4 Industry opportunities analysis
3.6 Industry Analysis - Porter's Analysis
3.7 Macroeconomic Analysis - PESTLE

Chapter 4 Europe PGM Catalyst Market: Materials Estimates & Trend Analysis

4.1 Materials Movement Analysis & Market Share, 2022 & 2030
4.2 Europe PGM Catalyst Market Estimates & Forecast, by Materials (Tons) (USD Million)
- 4.2.1 Platinum
  - 4.2.1.1 Europe PGM Catalyst Market Estimates and Forecasts, by Platinum 2018 - 2030 (Tons) (USD Million)
- 4.2.2 Palladium
  - 4.2.2.1 Europe PGM Catalyst Market Estimates and Forecasts, In Palladium 2018 - 2030 (Tons) (USD Million)
- 4.2.3 Ruthenium
  - 4.2.3.1 Europe PGM Catalyst Market Estimates and Forecasts, In Ruthenium 2018 - 2030 (Tons) (USD Million)
- 4.2.4 Rhodium
  - 4.2.4.1 Europe PGM Catalyst Market Estimates and Forecasts, In Rhodium 2018 - 2030 (Tons) (USD Million)
4.2 5 Iridium

Chapter 5 Europe PGM Catalyst Market: Product Estimates & Trend Analysis

5.1 Product Movement Analysis & Market Share, 2022 & 2030
5.2 Europe PGM Catalyst Market Estimates & Forecast, by Products (Tons) (USD Million)
- 5.2.1 Heterogeneous PGM Catalyst
  - 5.2.1.1 Europe PGM Catalyst Market Estimates and Forecasts, by Heterogeneous PGM Catalyst 2018 - 2030 (Tons) (USD Million)
- 5.2.2 Homogeneous PGM Catalyst
  - 5.2.2.1 Europe PGM Catalyst Market Estimates and Forecasts, In Homogeneous PGM Catalyst 2018 - 2030 (Tons) (USD Million)

Chapter 6 Europe PGM Catalyst Market: End-use Estimates & Trend Analysis

6.1 End-Use Movement Analysis & Market Share, 2022 & 2030
6.2 Europe PGM Catalyst Market Estimates & Forecast, by End-use (Tons) (USD Million)
- 6.2.1 Pharmaceutical
  - 6.2.1.1 Europe PGM Catalyst Market Estimates and Forecasts, by Pharmaceutical 2018 - 2030 (Tons) (USD Million)
- 6.2.2 Agrochemicals
  - 6.2.2.1 Europe PGM Catalyst Market Estimates and Forecasts, In Agrochemicals 2018 - 2030 (Tons) (USD Million)
- 6.2.3 Fine Chemicals Manufacturing
  - 6.2.3.1 Europe PGM Catalyst Market Estimates and Forecasts, In Fine Chemicals Manufacturing 2018 - 2030 (Tons) (USD Million)
- 6.2.4 Flavors & Fragrances
  - 6.2.4.1 Europe PGM Catalyst Market Estimates and Forecasts, In Flavors & Fragrances 2018 - 2030 (Tons) (USD Million)
6.2 5 Other End-uses

Chapter 7 Europe PGM Catalyst Market: Regional Estimates & Trend Analysis

7.1 Europe PGM Catalyst Market: Regional Outlook
7.2 Europe
- 7.2.1 Europe Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.2 Austria.
  - 7.2.2.1 Key country dynamics
  - 7.2.2.2 Austria PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.3 Belgium
  - 7.2.3.1 Key country dynamics
  - 7.2.3.2 Belgium PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.4 France
  - 7.2.4.1 Key country dynamics
  - 7.2.4.2 France Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.5 Germany
  - 7.2.5.1 Key country dynamics
  - 7.2.5.2 Germany Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.6 Ireland
  - 7.2.6.1 Key country dynamics
  - 7.2.6.2 Ireland Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.7 Switzerland
  - 7.2.7.1 Key country dynamics
  - 7.2.7.2 Switzerland Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.8 The Netherland
  - 7.2.8.1 Key country dynamics
  - 7.2.8.2 The Netherland Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)
- 7.2.9 UK
  - 7.2.9.1 Key country dynamics
  - 7.2.9.2 UK Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons ) (USD Million)

Chapter 8 Competitive Landscape

8.1 Company Categorization
8.2 Company Market Positioning
8.3 Company Heat Map Analysis
8.4 Strategy Mapping
8.5 Company Listing (Company Overview, Product Benchmarking, Financial Performance)
- 8.5.1 Axens
- 8.5.2 BASF SE
- 8.5.3 CHIMET
- 8.5.4 Clariant
- 8.5.5 Evonik Industries AG
- 8.5.6 Topsoe A/S
- 8.5.7 Heraeus Holding
- 8.5.8 Honeywell International, Inc.
- 8.5.9 Johnson Matthey
- 8.5.10 Pressure Chemical Co.
- 8.5.11 Sabin Metal Corporation
- 8.5.12 Umicore
- 8.5.13 Zeolyst International

Product Code: GVR-4-68040-132-1

List of Tables

Table 1 List of Raw Material Suppliers
Table 2 Austria macro-economic outlay
Table 3 Belgium macro-economic outlay
Table 4 France macro-economic outlay
Table 5 Germany macro-economic outlay
Table 6 Ireland macro-economic outlay
Table 7 Switzerland macro-economic outlay
Table 8 The Netherlands macro-economic outlay
Table 9 UK macro-economic outlay
Table 10 List of Key Players Engaged in PGM Refining
Table 11 Participant's Overview
Table 12 Financial Performance
Table 13 Product Benchmarking
Table 14 Recent Developments & Impact Analysis, By Key Market Participants
Table 15 List of Potential End-use Companies
Table 16 Company Heat Map Analysis

List of Figures

Fig. 1 Europe PGM Catalyst Market Segmentation & Scope
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Europe PGM Catalyst Market Snapshot
Fig. 7 Europe PGM Catalyst Market Segment Snapshot
Fig. 8 Europe PGM Catalyst Market Segment Snapshot
Fig. 9 Europe PGM Catalyst Market Competitive Landscape Snapshot
Fig. 10 Europe PGM Catalyst Market Value, 2022 (USD Billion)
Fig. 11 Global Automotive Production, by region, 2022
Fig. 12 Germany Automotive Production, 2017 - 2022
Fig. 13 Europe PGM Catalyst Market: Industry Value Chain Analysis
Fig. 14 Europe PGM Catalysts Market, 2018 - 2030 (USD/kg)
Fig. 15 Europe PGM Catalysts Market Dynamics
Fig. 16 Europe PGM Catalysts Market: PORTER Analysis
Fig. 17 Europe PGM Catalysts Market: PESTLE Analysis
Fig. 18 Global Average Platinum Price, 2018 - 2023 (US$/troy oz)
Fig. 19 Global Average Palladium Price, 2018 - 2023 (US$/troy oz)
Fig. 20 Europe PGM Catalyst Market: Portfolio Analysis/Kraljic Matrix
Fig. 21 Europe PGM Catalyst Market Estimates & Forecasts, by Materials: Key Takeaways
Fig. 22 Europe PGM Catalyst Market Share, By Materials, 2022 & 2030
Fig. 23 Platinum based PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 24 Palladium based PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 25 Ruthenium based PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 26 Rhodium based PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 27 Iridium based PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 28 Europe PGM Catalyst Market Estimates & Forecasts, by Product: Key Takeaways
Fig. 29 Europe PGM Catalyst Market Share, By Product, 2022 & 2030
Fig. 30 Heterogeneous PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 31 Homogeneous PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 32 Europe PGM Catalyst Market Estimates & Forecasts, by End-use: Key Takeaways
Fig. 33 Europe PGM Catalyst Market Share, By End-use, 2022 & 2030
Fig. 34 Europe PGM Catalysts Market Estimates & Forecasts, in Pharmaceutical, 2018 - 2030 (Tons) (USD Million)
Fig. 35 Europe pharmaceuticals industry production, trade, R&D expenditure, and value, 2020 & 2021 (USD million)
Fig. 36 Europe PGM Catalysts Market Estimates & Forecasts, in Agrochemicals, 2018 - 2030 (Tons) (USD Million)
Fig. 37 Europe PGM Catalysts Market Estimates & Forecasts, in Chemicals Manufacturing, 2018 - 2030 (Tons) (USD Million)
Fig. 38 Europe PGM Catalysts Market Estimates & Forecasts, in Flavors & Fragrances, 2018 - 2030 (Tons) (USD Million)
Fig. 39 Europe PGM Catalysts Market Estimates & Forecasts, in Other End-uses, 2018 - 2030 (Tons) (USD Million)
Fig. 40 Europe PGM Catalyst Market Revenue, by Countries, 2022 & 2030, (USD Million)
Fig. 41 Europe PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 42 Austria PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 43 Belgium PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 44 France PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 45 Germany PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 46 Ireland PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 47 Switzerland PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 48 The Netherlands PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 49 UK PGM Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 50 Key Company Categorization
Fig. 51 Company Market Share Analysis, 2022