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Oxidation catalysts are a type of catalyst used to accelerate the oxidation of organic compounds. They are used in a variety of industries, including petrochemicals, pharmaceuticals, and food processing. Oxidation catalysts are typically composed of metal oxides, such as vanadium oxide, titanium oxide, and iron oxide. These catalysts are used to increase the rate of oxidation reactions, which can reduce the amount of energy required for the reaction. Oxidation catalysts can also be used to reduce the amount of pollutants released during the reaction.
The oxidation catalyst market is expected to grow in the coming years due to increasing demand for catalysts in various industries. The increasing demand for clean energy and the need for efficient production processes are expected to drive the growth of the market.
Some of the major companies in the oxidation catalyst market include BASF SE, Johnson Matthey, Albemarle Corporation, Evonik Industries AG, and Clariant AG. Show Less Read more