Fertilizer Catalyst Market Report 2026

The fertilizer catalyst market size has grown strongly in recent years. It will grow from $3.19 billion in 2025 to $3.42 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to expansion of global fertilizer production capacity, increasing use of haber-bosch process, growth in nitrogenous fertilizer demand, rising focus on process efficiency, availability of metal-based catalyst systems.

The fertilizer catalyst market size is expected to see strong growth in the next few years. It will grow to $4.45 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing investments in green ammonia production, rising adoption of low-energy catalytic processes, expansion of sustainable fertilizer manufacturing, growing focus on reducing industrial emissions, increasing innovation in advanced catalyst materials. Major trends in the forecast period include increasing demand for high-efficiency fertilizer production catalysts, rising adoption of energy-efficient ammonia synthesis, growing focus on catalyst longevity and regeneration, expansion of low-emission fertilizer manufacturing processes, enhanced optimization of reaction selectivity.

The increasing production of fertilizers is expected to propel the growth of the fertilizer catalyst market going forward. Fertilizers refer to chemical substances applied to crops to enhance their productivity. Fertilizer catalysts are used in the fertilizer manufacturing industry, where catalysts help produce larger quantities of fertilizer at lower costs. For instance, in June 2024, according to the International Fertilizer Development Center, a US-based non-profit organization, urea production in Nigeria increased from 3,458,740 MT in 2022 to 3,655,860 MT in 2023, representing a 6% rise compared to the previous year. Therefore, the increasing production of fertilizers is expected to drive the growth of the fertilizer catalyst market going forward.

Product innovation is an emerging trend gaining traction in the fertilizer catalyst market. Leading companies in the sector are prioritizing innovation to solidify their market position. For instance, in March 2024, Clariant, a Switzerland-based chemical company, introduced CLARITY Prime, a premium fertilizer catalyst aimed at enhancing the production of nitrogen fertilizers, particularly urea and ammonium nitrate. This cutting-edge product is designed to optimize fertilizer manufacturing processes by boosting yield and reducing emissions, contributing to more sustainable agricultural practices. CLARITY Prime improves nutrient availability in soils, promoting crop growth and increasing agricultural productivity, while aligning with the industry's modern sustainability objectives.

In April 2023, SMJ Sdn Bhd, a Malaysia-based manufacturing company, acquired PETRONAS for an undisclosed amount. The objective of SMJ Sdn Bhd's acquisition is to foster collaboration in promoting economic development within the Sipitang Oil and Gas Industrial Park while benefiting local communities. PETRONAS, a Malaysia-based oil and gas company, specializes in various sectors of the energy industry.

Major companies operating in the fertilizer catalyst market are BASF SE, Clariant AG, Johnson Matthey plc, Haldor Topsoe A/S, thyssenkrupp AG, Honeywell International Inc., Axens SA, W. R. Grace & Co., Sinopec Group, Saudi Basic Industries Corporation (SABIC), CF Industries Holdings Inc., Yara International ASA, Casale SA, KBR Inc., Linde plc, Heraeus Holding GmbH, Albemarle Corporation, Evonik Industries AG, JGC Holdings Corporation, Toyo Engineering Corporation, Mitsui Chemicals, Inc., Sumitomo Chemical Co., Ltd.

Asia-Pacific was the largest region in the fertilizer catalyst market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fertilizer 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 fertilizer catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fertilizer catalysts market consists of sales of palladium-based and vanadium-based catalyst fertilizer. 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.

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