Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Inorganic Catalyst Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Inorganic Catalyst Market?
The size of the inorganic catalyst market has been increasing consistently in the past years. The market is projected to expand from $26.81 billion in 2024 to $27.6 billion in 2025, with a compound annual growth rate (CAGR) of 3.0%. The historical growth trend in the Inorganic Catalyst market has been steady.
What Is the Forecasted CAGR for the Inorganic Catalyst Market by 2029?
The Inorganic Catalyst market is projected to expand to a worth of $33.58 billion by the year 2029, growing at a compound annual growth rate (CAGR) of 5.0%.
Download the Free Sample Now:
What Are the Market Drivers in the Inorganic Catalyst Industry?
The key Drivers in the inorganic catalyst market are:
• Increasing demand for petroleum and petrochemical products
• Wide use of inorganic catalysts in petrochemical manufacturing for higher yield and efficiency
• Rise in global oil demand facilitated by strong rebound in China's petrochemical sector
• The expectation that China's petrochemical sector will account for most of the demand growth.
What Is the Segment-Wise Breakdown of the Inorganic Catalyst Market?
The inorganic catalystmarket covered in this report is segmented –
1) By Type: Zeolites, Metals, Chemical Compounds, Other Types
2) By Process: Recycling, Regeneration, Rejuvenation
3) By Applications: Petroleum Refining, Chemical Synthesis, Polymers And Petrochemicals, Environmental
Explore the Complete Market Report:
Which Emerging Trends Are Driving Growth in the Inorganic Catalyst Sector?
The key trends in the inorganic catalyst market are:
• Increased incorporation of cutting-edge technology is a major emerging trend in the inorganic catalysts market.
• Major market players are developing innovative technologies in a bid to maintain market dominance.
• The development of tri-metal catalyst technologies is a particularly notable trend.
• This trend is characterized by the launch of new technologies, such as those enabling refiners to increase operational flexibility and profitability.
Which Companies Are Dominating the Inorganic Catalyst Market in Terms of Revenue?
The key players in the inorganic catalyst market are:
• 3M Company
• Ahlstrom-Munksjö Oyj
• Lydall Performance Materials India LLP
• Nordic Air Filtration A/S
• Sandler AG
• Sefar AG
• Freudenberg Filtration Technologies India Private Limited
• Eaton Corporation Public Limited Company.
• Donaldson Company Inc.
• Alfa Laval India Private Limited
• Lenntech B.V
• W.L. Gore & Associates Inc.
• Hengst SE & Co. KG.
• BASF SE
• Johnson Matthey plc
• W.R. Grace & Co.
• Clariant AG
• Albemarle Corporation
• Evonik Industries AG
• Solvay S.A.
• Cataler Corporation
• Umicore N.V.
• Axens S.A.
• Haldor Topsoe A/S
• JGC C&C Co. Ltd.
• Zeolyst International Inc.
• Ceramisphere Pty Ltd.
• Applied Catalysts LLC
• CRI Catalyst Company LP
• KNT Group
• INTERCAT Inc.
• Silbond Corporation
• SACHEM Europe B.V.
What Are the Regions Driving Demand in the Inorganic Catalyst Market?
Asia-Pacific was the largest region in the inorganic catalyst market share in 2024
