ALBANY, New York
February 26, 2013
Transparency Market Research (
) has released a new market report titled "
Refinery (FCC, Hydrocracking, Catalytic Reforming), Synthesis, Polymer & Environmental Catalyst Market - Global Industry Analysis by Material (Zeolites, Metal, Others), by Type (Homogenous & Heterogeneous), Catalyst Regeneration (Off-site & On-site), Size, Share, Growth, Trends and Forecast, 2012 - 2018
," which estimates that the catalysts demand in 2012 was worth
USD 19.2 billion
and is forecast to reach
USD 24.1 billion
by the end of 2018, growing at a CAGR of 3.9% from 2012 and 2018.
had garnered highest revenue share in the global catalysts market in the year 2012.
Browse the full report at
is dominated by
, which accounted for 33% of total volume consumed across the world in 2011. Growth of the catalysts market in
is mainly driven by growing demand from the chemicals industry.
is leading the global chemical industry in terms of both production and consumption. The demand for catalysts in
is expected grow at a rapid pace as compared to
was followed by
with 30.6% share in total volume consumption. Growth of the catalysts market in
is mainly driven by growing demand for catalysts from petroleum refineries.
is another important geography, where increasingly stringent regulations are driving demand for environmental catalysts.
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