PUBLISHER: The Business Research Company | PRODUCT CODE: 1925760
PUBLISHER: The Business Research Company | PRODUCT CODE: 1925760
A chemical catalyst is a substance that accelerates the rate of a chemical reaction without itself undergoing any permanent chemical change. Catalysts play a crucial role in various industrial processes by enhancing the efficiency and yield of reactions.
The main types of chemical catalysts include homogeneous, heterogeneous, heterogenized, homogeneous catalysts, and biocatalysts. Homogeneous catalysts operate in the same phase, such as gas or liquid, as the reactants. Various materials used in homogeneous catalysts include metals and metal oxides, zeolites, and chemical compounds. These catalysts find applications in diverse fields such as petrochemicals, chemical synthesis, environmental catalysis, polymerization, refining, pharmaceuticals, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the chemical catalyst market by increasing costs of imported precious metals, catalyst supports, and specialized manufacturing equipment. These impacts are most pronounced in petrochemical, refining, and pharmaceutical applications. Europe and asia pacific face supply risks due to metal dependency. Cost pressures have affected catalyst replacement cycles. However, tariffs are driving recycling, local catalyst production, and alternative material innovation.
The chemical catalyst market research report is one of a series of new reports from The Business Research Company that provides chemical catalyst market statistics, including chemical catalyst industry global market size, regional shares, competitors with a chemical catalyst market share, detailed chemical catalyst market segments, market trends and opportunities, and any further data you may need to thrive in the chemical catalyst industry. This chemical catalyst market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The chemical catalyst market size has grown strongly in recent years. It will grow from $41.73 billion in 2025 to $43.83 billion in 2026 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to petrochemical industry growth, refining capacity expansion, chemical synthesis demand, emission control needs, catalyst technology advances.
The chemical catalyst market size is expected to see strong growth in the next few years. It will grow to $53.28 billion in 2030 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to clean energy transition, green chemistry adoption, refining modernization, pharmaceutical growth, process optimization investments. Major trends in the forecast period include rising demand for process efficient catalysts, increasing use in environmental applications, growing adoption in petrochemical processing, expansion of biocatalysts in manufacturing, higher focus on catalyst reusability.
Rapid industrial growth is expected to propel the growth of the chemical catalyst market going forward. An industry sector refers to a defined group of businesses and organizations engaged in similar economic activities or providing related goods and services. Chemical catalysts are widely used across industries to accelerate chemical reactions, reduce energy consumption, and improve yield and selectivity, thereby enhancing overall efficiency, lowering production costs, and enabling the sustainable production of valuable products. For instance, in August 2023, according to Eurostat, a Luxembourg-based statistical office of the European Union (EU), industrial production in the euro area and the EU increased by 0.5% and 0.4%, respectively, in June 2023 compared to May 2022. Therefore, rapid industrial growth will drive the expansion of the chemical catalyst market.
Major companies operating in the chemical catalyst market are focusing on product innovation to develop advanced, sustainable, and high-performance catalysts that improve efficiency, selectivity, and environmental compliance. Sustainable and high-performance catalysts are chemical agents designed to accelerate reactions effectively while minimizing environmental impact through the use of renewable, recyclable, or less-toxic materials. For instance, in March 2024, Evonik Industries AG, a Germany-based specialty chemicals company, introduced Octamax, a highly sustainable catalyst designed to enhance sulfur removal performance in refinery fuels. It utilizes regenerated NiMo and CoMo catalysts optimized for cracked gasoline hydrodesulfurization (HDS) units, maximizing octane retention while reducing reliance on fresh catalysts. This solution minimizes landfill waste, improves refinery efficiency, and supports the production of ultra-low-sulfur gasoline, making it suitable for refineries seeking a balance between performance, profitability, and sustainability.
In May 2025, Honeywell International Inc., a US-based industrial technology and manufacturing company, acquired Johnson Matthey's Catalyst Technologies business for an undisclosed amount. This acquisition aims to strengthen Honeywell's catalyst and process technology capabilities and accelerate the development of sustainable fuel and chemical production solutions. Johnson Matthey PLC is a UK-based company that provides advanced homogeneous, heterogeneous, biocatalysts, and chemocatalysts for small-molecule applications, including pharmaceuticals.
Major companies operating in the chemical catalyst market are China Petroleum & Chemical Corporation, Royal Dutch Shell Public Limited Company, ExxonMobil Corporation, BASF SE, Dow Inc., LyondellBasell Industries N.V., Heraeus Group, INEOS Group Holdings S.A., Johnson Matthey plc, Evonik Industries AG, Solvay S.A., DuPont de Nemours Inc., Akzo Nobel N.V., Arkema S.A., Sumitomo Metal Mining Co., Ltd., Albemarle Corporation, Clariant AG, Chevron Phillips Chemical Company LLC, Umicore N.V., JGC Catalysts and Chemicals, W.R. Grace & Co., Criterion Catalysts & Technologies L.P., Haldor Topsoe A/S, Dorf Ketal Chemicals India Private Limited, Tronox Holdings Plc, UOP LLC, Axens S.A., Nett Technologies Inc., Davison Chemical Co. Ltd., Vineeth Precious Catalysts Pvt. Ltd.
Asia-Pacific was the largest region in the chemical catalyst market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemical catalyst market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the chemical catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The chemical catalyst market consists of sales of petroleum Products, polymers, fuels, chemical intermediates, fine chemicals, and polyurethanes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Chemical Catalyst Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses chemical catalyst market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for chemical catalyst ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The chemical catalyst market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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