Inorganic Catalyst Market to Grow with a CAGR of 7.37% through 2030
Increasing demand from Increasing demand from petrochemicals, chemicals, and pharmaceuticals is expected to drive global inorganic catalyst market in the forecast period 2026-2030F.
According to
TechSci Research report, “Inorganic Catalyst Market - Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2030F”, the
Global Inorganic Catalyst Market was valued at USD 27.12 Billion in 2024 and is
expected to reach USD 41.13 Billion by 2030 with a CAGR of 7.37%.
Technological
advancements are transforming the global inorganic catalyst market, driving
efficiency, sustainability, and innovation across multiple industries.
Breakthroughs in supramolecular catalyst technology, such as those developed by
researchers at Jaume I University, are enabling the conversion of CO₂ into cyclic carbonates, providing a
viable solution for carbon capture and utilization. In the petrochemical
sector, advancements in zeolite catalysts are significantly improving
selectivity and yield, with global zeolite shipments now reaching approximately
2,860,000 tons annually.
Recycling
and recovery technologies are also playing a pivotal role in cost reduction and
resource efficiency. For example, BASF’s acquisition of Zodiac Enterprises
strengthens capabilities in recovering precious metals like platinum,
palladium, and rhodium from industrial scrap, enhancing supply chain
resilience. In the energy sector, the development of advanced metal oxide
catalysts for hydrogen production through steam methane reforming is aligning
with global clean energy goals, helping to decarbonize industrial processes.
The
automotive industry continues to benefit from inorganic catalyst innovations,
particularly in platinum-based catalytic converters that have collectively
reduced harmful emissions, with over 10 billion units produced worldwide.
Meanwhile, nanostructured catalysts are gaining traction in the pharmaceutical
industry due to their high surface area, which enhances reactivity and enables
more efficient synthesis of complex compounds.
Artificial
intelligence is further accelerating progress by optimizing catalyst design and
composition, reducing development timelines, and improving performance
predictions. These technological leaps are being reinforced by supportive
policy frameworks, such as the European Union’s Green Deal, which incentivizes
the adoption of sustainable industrial practices and the development of green
technologies. Advancements
in catalyst technology are not only addressing pressing environmental
challenges but also enhancing industrial efficiency and competitiveness. As
these innovations continue to mature, the inorganic catalyst market is poised
for significant growth through 2030, driven by the dual imperatives of
sustainability and performance.
Browse over XX
market data Figures spread through XX Pages and an in-depth TOC on "Global
Inorganic Catalyst Market”
Global Inorganic
Catalyst Market is segmented into type, application, regional distribution, and
company.
Based
on type, the sodium salts segment was expected to dominate the global Inorganic
Catalyst market throughout the forecast period, owing to its wide
applicability, cost-effectiveness, and high catalytic efficiency in various
industrial processes. Sodium salts are extensively used in chemical
manufacturing, water treatment, textiles, and pharmaceuticals due to their
stability, solubility, and ease of handling. Their role as a catalyst in
oxidation, neutralization, and polymerization reactions makes them indispensable
across multiple sectors. Furthermore, their relatively low production cost and
abundant availability strengthen their market position. Continuous advancements
in catalyst formulations and rising demand for efficient, eco-friendly
catalytic solutions are expected to further support the dominance of sodium
salts in the global inorganic catalyst market over the coming years.
Based on region,
Asia-Pacific is the fastest-growing segment in the global Inorganic Catalyst
market and is expected to maintain its strong growth trajectory over the
forecast period, driven by rapid industrialization, expanding manufacturing
activities, and rising demand from key end-use industries such as chemicals,
pharmaceuticals, agriculture, and personal care. Countries like China, India,
Japan, and South Korea are witnessing increasing investments in industrial
production and infrastructure, boosting the need for high-performance
catalysts. Additionally, government initiatives supporting industrial growth,
environmental sustainability, and green chemistry are further fueling demand.
The availability of low-cost raw materials, skilled labor, and advanced
production technologies positions Asia-Pacific as a competitive hub, ensuring
its continued dominance in market expansion and innovation in inorganic
catalysts.
Major companies
operating in Global Inorganic Catalyst Market are:
- Clariant
International Ltd
- Grace Catalysts
Technologies
- BASF SE
- ALBemarle
Corporation (Ketjen Corporation)
- Evonik
Industries AG
- LyondellBasell
Industries Holdings B.V.
- Arkema SA
- Dow Chemical Co.
- Haldor Topsoe
A/S
- Honeywell
International Inc
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“The global inorganic catalyst market is
poised for steady growth through 2030, driven by increasing demand in
petrochemicals, chemicals, pharmaceuticals, and automotive sectors. Key factors
include the push for clean energy, advancements in catalyst recycling, and
rising industrial applications. Asia-Pacific dominates due to its rapid
industrialization and is the fastest-growing region with focus on sustainable
technologies. Challenges such as raw material availability and regulatory
compliance persist, but trends in CO2 conversion and energy efficiency are
shaping the market”, said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“Inorganic Catalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Sodium Salts, Magnesium Salts, Calcium Salts, Potassium Salts, and Ammonium Salts), By Application (Chemicals, Food and Beverages, Pharmaceuticals, Agriculture, Personal Care, and Others), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of Global
Inorganic Catalyst Market and provides statistics & information on market
size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global Inorganic
Catalyst Market.
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