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Precious Metal Catalysts - Global Strategic Business Report

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    Report

  • 425 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030363
The global market for Precious Metal Catalysts is estimated at US$18.0 Billion in 2023 and is projected to reach US$29.2 Billion by 2030, growing at a CAGR of 7.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the precious metal catalysts market is driven by several factors, including the rising demand for cleaner automotive emissions, increasing industrialization, and advancements in catalyst technology. Stricter environmental regulations worldwide have compelled the automotive industry to adopt more efficient catalytic converters, thereby boosting the demand for precious metal catalysts. The expansion of the chemical and petrochemical industries, driven by global economic growth, has also contributed to the increased use of these catalysts in various industrial processes. Furthermore, advancements in catalyst technology, such as the development of more efficient and cost-effective catalysts, have made precious metal catalysts more accessible and attractive to a broader range of industries. The shift towards renewable energy sources and the need for efficient energy storage solutions have spurred research into the use of precious metal catalysts in fuel cells and other clean energy technologies. Additionally, the growing emphasis on sustainable and green chemistry practices has led to the adoption of precious metal catalysts in processes designed to minimize environmental impact, further driving market growth.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Platinum Catalysts segment, which is expected to reach US$10.7 Billion by 2030 with a CAGR of a 8.3%. The Palladium Catalysts segment is also set to grow at 7.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $4.5 Billion in 2023, and China, forecasted to grow at an impressive 9.2% CAGR to reach $4.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Precious Metal Catalysts Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Precious Metal Catalysts Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Precious Metal Catalysts Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as BASF SE, Clariant International Ltd., American Elements, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 70 Featured):

  • BASF SE
  • Clariant International Ltd.
  • American Elements
  • Alfa Aesar
  • ALS Ltd.
  • Clariant AG
  • Ceimig Limited
  • Applied Catalysts
  • Cataler Corporation
  • Chimet S.P.A.
  • DCL International, Inc.
  • Ames Goldsmith Corporation
  • Catalytic Products International, Inc.
  • Arora Matthey Limited
  • China Metallurgical Information and Standardization Institute (CMISI)

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Competition
  • Precious Metal Catalysts - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Precious Metal Catalysts: A Prelude
  • Platinum Catalysts Dominate the Market
  • Europe Leads Global Consumption
  • China Emerges as a Lucrative Market
  • HDD Norms to Revive Chinese Autocatalyst Demand
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Growing Focus on Green Hydrogen to Stimulate Demand for Precious Metal Catalysts
  • Automotive Industry Remains one of the Major Consumers of PGM Catalysts
  • PGMs: Important Part of HDD Catalysts
  • Power Train Mix Influences Demand for Platinum Catalysts
  • Global Platinum Market by Application (in %) for 2023
  • Global Platinum Demand Breakdown (in %) by Automotive Sector: 2023
  • Global Rhodium Consumption Breakdown by Application (in %): 2023
  • Global Palladium Consumption Breakdown by Application (in %): 2023
  • Global Automotive Catalysts Market Breakdown by Platinum, Palladium, and Rhodium Metals
  • Tightening Regulatory Landscape Builds Robust Platform for Wider Proliferation of Precious Metal Catalysts
  • Emission Norms for Light duty Vehicles: Implementation Timeline in Key Regional Markets
  • Emission Norms for Heavy duty Vehicles: Implementation Timeline in Key Regional Markets
  • Regulatory Scenario in Major Geographic Regions
  • Technology Requirements for Lower HDD Engine Emissions (Euro IV - Euro VI)
  • European Union Heavy Duty Diesel Vehicle Emission Standards
  • Rising Demand for EVs Weighs Heavily on Platinum & Palladium
  • Global Electric Passenger Car Stock (In Million Units) for the Years 2017, 2018, 2019, 2020 & 2025
  • Auto Industry Banks on Fuel Cells as a Sustainable Fuel Technology of the Future
  • Transition Metal Nitrides Hold Potential to Augment the Application of Hydrogen Fuel Cells
  • Pressure on PGM Supply Brings Light on Recovery from Spent Automobile Catalysts
  • Palladium Recovery from Spent Automobile Catalysts
  • Platinum’s Edge over Palladium
  • Platinum Supply Demand Imbalance Alters Growth Pace
  • Platinum Supply by Country in 000 Oz: 2019-2023
  • Price Trends for Platinum, Palladium, Rhodium, Iridium, and Ruthenium in US$/oz: 2015-2023
  • Factors Influencing Automobile Catalyst & Industrial Demand for Palladium
  • Palladium Vs Platinum: The Race Continues
  • Manufacturers Prioritize Thrifting Approach for Reducing the Cost Impact of PGMs
  • Pre-Thrifting Vs. Post-Thrifting Cost Structure: A Statistical Comparison
  • Pandemic Dishevels Rhodium Supply Situation and Spikes Price Volatility
  • Rhodium Price Trends: 2015-2022P
  • Emission Norms Spur the Autocatalyst Demand
  • Despite Threat from CNG Buses, Diesel Engine-Powered Transit Buses Remain Lucrative for HDD Catalysts Market
  • EXHIBIT 6:Global Bus Sales Breakdown (in %) by Fuel Type: 2017 & 2023
  • Widespread Use in Petrochemical Processes Augurs Well
  • Global Demand for Petroleum Products in Million Barrels Per Day (2019, 2020, 2030, 2040)
  • New Catalyst-based Approaches to Stimulate Pharmaceutical Innovations & Overcome Precious Metal Supply Issues
  • Opportunity Indicators:
  • World Prescription Drug Sales (in US$ Billion) for Year 2017, 2019, 2021, 2023 and 2025
  • World Generic (Prescription) Drug Sales in US$ Billion for Year 2017, 2019, 2021, 2023 and 2025
  • Key Challenges Faced by Precious Metal Re-Claimers Dealing with Catalysts
  • Advanced Approaches to Overcome Availability Issues
  • Innovations & Advancements Drive Growth
  • Rise in Demand for Homogenous Catalysts to Boost Growth
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Precious Metal Catalysts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Precious Metal Catalysts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Precious Metal Catalysts by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Platinum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Platinum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Platinum by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Palladium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Palladium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Palladium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Ruthenium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Ruthenium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Ruthenium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Rhodium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Rhodium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Rhodium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Iridium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Iridium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Iridium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Automobile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Automobile by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Automobile by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Pharmaceutical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Pharmaceutical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Pharmaceutical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Refinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Refinery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 30: World 16-Year Perspective for Refinery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 33: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 34: World Precious Metal Catalysts Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
INDIA
  • Precious Metal Catalysts Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned

  • BASF SE
  • Clariant International Ltd.
  • American Elements
  • Alfa Aesar
  • ALS Ltd.
  • Clariant AG
  • Ceimig Limited
  • Applied Catalysts
  • Cataler Corporation
  • Chimet S.P.A.
  • DCL International, Inc.
  • Ames Goldsmith Corporation
  • Catalytic Products International, Inc.
  • Arora Matthey Limited
  • China Metallurgical Information and Standardization Institute (CMISI)

Table Information