Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen – is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Catalysts are required for the reaction to be usable; non-catalytic hydrogenation takes place only at very high temperatures. Hydrogenation reduces double and triple bonds in hydrocarbons.
LPI (LP Information)' newest research report, the “Hydrogenation Catalyst Industry Forecast” looks at past sales and reviews total world Hydrogenation Catalyst sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydrogenation Catalyst sales for 2023 through 2029. With Hydrogenation Catalyst sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydrogenation Catalyst industry.
This Insight Report provides a comprehensive analysis of the global Hydrogenation Catalyst landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydrogenation Catalyst portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydrogenation Catalyst market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydrogenation Catalyst and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydrogenation Catalyst.
The global Hydrogenation Catalyst market size is projected to grow from US$ 3195 million in 2022 to US$ 4043.9 million in 2029; it is expected to grow at a CAGR of 4043.9 from 2023 to 2029.
Global Hydrogenation Catalyst key players include Clariant, Johnson Matthey, Advanced Refining Technologies (ART), Shell Catalysts & Technologies, Albemarle, etc. Global top five manufacturers hold a share over 60%. Asia-Pacific is the largest market, with a share about 40%, followed by North America, with a share about 30 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydrogenation Catalyst market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Hydrogenation Catalyst Includes:
BASF
Clariant
Evonik
Advanced Refining Technologies (ART)
Criterion
Johnson Matthey
Axens
UOP
Haldor Topsoe
Albemarle
Sinopec
CNPC
SJEP
Market Segment by Type, covers:
Transition Metal Based Catalysts
Noble Metal Based Catalyst
Other
Market Segment by Applications, can be divided into:
Refining
Petrochemicals
Oil & Fat Hydrogenation
Other
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydrogenation Catalyst market?
What factors are driving Hydrogenation Catalyst market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydrogenation Catalyst market opportunities vary by end market size?
How does Hydrogenation Catalyst break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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