Global Fertilizer Catalyst (iron-based, nickel-based) market analysis and forecasts, 2016-2020 & 2021-2027

DUBLIN, November 25, 2021– (BUSINESS WIRE) – “Global Fertilizer Catalyst Market Size, Share & Trends Analysis Report by Product (Iron Based, Nickel Based), by Process (Haber-Bosch Process, Urea Production), by Region, and Segment Forecasts, 2021 -2027 “report has been added ResearchAndMarkets.com’s offer.

The global market size for fertilizer catalysts is expected to reach $ 3.3 billion by 2027 and is expected to expand with a CAGR of 2.4% from 2021 to 2027

The market is expected to be driven by the growing use in the production of fertilizers and the need to improve process efficiency.

Demand for ammonia and hydrogen gas in the agricultural and industrial sectors is increasing, which has a positive effect on market growth. In addition, favorable rules and subsidies from the government have led to an increase in the adoption of catalysts. Nickel-based catalyst is the most important product on the market due to its high efficiency. They are used in the Ostwald process for ammonia production.

North America and Asia and the Pacific together are expected to be the key markets for nickel-based catalysts worldwide. The demand for nickel-based catalysts is expected to grow due to their affordability and the ability to eliminate methane from the process.

Canada, South Africa and Russia are likely to emerge as the largest production sites for fertilizer catalysts due to the availability of raw materials. These countries are marked by the presence of large amounts of precious metals. The main advantage associated with these countries is the availability of raw materials.

Acquisition costs for raw materials are the largest cost for a large number of catalyst producers. The countries are also major exporters of fertilizers globally due to the availability of raw materials and the presence of large production facilities.

Market report for fertilizer catalysts

  • The nickel-based product segment is expected to expand with the fastest CAGR of 2.2% measured in volume from 2021 to 2027 due to its use as a substitute for iron-based products and the increasing demand for fertilizers

  • The rhodium-based product segment is expected to experience significant growth in the coming years due to the increasing demand for rhodium-based catalysts in hydrogenation reactions

  • The urea production process segment is expected to experience significant growth in the forecast period due to the increasing demand for urea-based fertilizers

  • In the Asia-Pacific region, India is expected to show the fastest growth rate of 2.6% measured in volume from 2021 to 2027 due to the increasing demand for nitrogenous fertilizers

  • In October 2019, Albemarle Corporation and ExxonMobil jointly created a platform called “Galexia” for the refining industry to deliver a transformative hydroprocessing package of catalysts and service solutions. This platform aims to improve the business operations of the company to meet the demand of the customers in an efficient way

Key topics covered:

Chapter 1. Method and scope

Chapter 2. Summary

Chapter 3. Fertilizer catalyst market variables, trends and scope

3.1. Market size and growth prospects

3.2. Industry value chain analysis

3.2.1. Raw material analysis

3.2.2. Profit margin analysis

3.2.3. Production technology trends

3.2.4. Distribution channel analysis

3.2.5. Patent analysis

3.3. Regulatory framework

3.4. Market dynamics

3.4.1. Market driver analysis

3.4.2. Analysis of market constraint

3.4.3. Industry challenges

3.5. Penetration & Growth Prospect Mapping

3.6. Price trend analysis

3.7. Business environment analysis tools

3.7.1. Industry Analysis – Porter’s

3.7.2. SUPPORTS Analysis

Chapter 4. Fertilizer Catalyst Market: Process Estimates and Trend Analysis

4.1. Process market introduction

4.2. The Haber-Bosch process

4.3. Contact process

4.4. Nitric acid production

4.5. Potassium fertilizer production

4.6. Urea production

Chapter 5. Fertilizer Catalyst Market: Product Estimates and Trend Analysis

5.1. Product market introduction

5.2. Iron-based catalyst

5.3. Vanadium-based catalyst

5.4. Platinum-based catalyst

5.5. Rhodium-based catalyst

5.6. Nickel-based catalyst

5.7. Palladium-based catalyst

5.8. Ruthenium-based catalyst

5.9. Zinc-based catalyst

5.10. Cobalt-based catalyst

5.11. Molybdenum-based catalyst

5.12. Copper chromium catalyst

5.13. Chromium-based catalyst

Chapter 6. Fertilizer Catalyst Market: Regional Estimates and Trend Analysis

6.1. Fertilizer Catalyst Market, by Region, 2020 and 2027

Chapter 7. Competition Analysis

7.1. Recent developments and impact analysis by key market participants

7.2. Company / competition categorization (key innovators, market leaders, new players)

7.3. The company’s market ranking, 2020

7.4. Selling Landscape

7.4.1. List of Catalyst Manufacturers

7.4.2. List of potential end-user companies

7.5. Major agreements and strategic analyzes

Chapter 8. Company Profiles

8.1. Company overview

8.2. Financial performance

8.3. Product benchmarking

8.4. Recent developments

For more information on this report, visit https://www.researchandmarkets.com/r/aogbc3

See the source version at businesswire.com: https://www.businesswire.com/news/home/20211125006126/en/

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