Global Catalyst Carriers Market was valued US$ 115.7 Bn and is estimated to reach US$ 141.2 Bn by 2026 at a CAGR of 2.52 % during the forecast.
Global catalyst carriers market is segmented by product Cheap Justin McCray Jersey , by composition, by end use industry and by region. Based on product, global catalyst carriers market is segmented into ceramics, activated carbon and zeolites. In terms of composition, global catalyst carriers market is divided into the sphere, porous, ring Cheap Kenny Clark Jersey , other and honeycomb. Oil & gas, chemical manufacturing, other are end use industry segment of global catalyst carriers market. Regionally, global cat ket report covers the market for North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Rise in chemical industrial activities and stringent mandates concerned with petroleum treatment and demand for effective catalysis across industrial verticals drives the catalyst carriers market. Increasing use of catalyst carriers in the petroleum refining in oil & gas industry is accelerating the catalyst carriers market. Advancement in the technologies in chemical synthesis and fluctuating raw material price restrains the catalyst carriers market.
Global Catalyst Carriers Market
Ceramics segment was the largest contributor for catalyst carriers market in 2017. Ceramic substrate is been extensively use in refineries Cheap Jamaal Williams Jersey , synthesis of gas, and other petrochemical processes. They are generally used as adsorbent or desiccant beds in the desulfurization or hydro-processing procedures. Ceramics include metal oxides, nitrides, carbides, borides, and composite materials. Properties such as poor conductivity, high melting temperature Cheap Kevin King Jersey , appreciable hardness, low ductility, chemical resistance, and high moduli of elasticity is accelarating the ceramics market.
Oil & gas is a major end-use industry segment of the catalyst carriers market. Catalyst carriers enhances the mechanical strength and efficiency of a catalyst. Catalyst carriers in various catalytic reactions in the synthesis of petrochemicals is stimulating the consumption in the oil & gas end-use industry.
Presence of major refinery catalysts companies such as Albermarle and W.R. Grace & Co. in the North America is expected to increase the consumption of catalyst carriers. North America in shale gas exploration and tight oil production in the US is expected to increase refining procedures thereby driving the catalyst carriers in the North America.
Ceramtec GmbH, Saint-Gobain, W. R. Grace & Co., Coorstek Inc. Cheap JK Scott Jersey , Cabot Corporation, Almatis GmbH, Sasol Ltd., Evonik Industries, Noritake Co. Limited, Magma Ceramics & Catalysts, Devson Groups Ltd. Cheap Josh Jackson Jersey , Ultramet, Riogen Inc., Applied Catalyst, JGC Catalysts and Chemicals Ltd., Porocel, Pingxiang Gophin Chemical Co., Focus Catalyst Carrier Co.