Europe Homogeneous Precious Metal Catalyst Market: Segment Is Expected To Grow Further At A Steady CAGR Of Over 18% From 2021 To 2028

 Europe Homogeneous Precious Metal Catalyst Industry Overview

The Europe homogeneous precious metal catalyst market size to be valued at USD 2.4 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 18.9% during the forecast period. Increasing preference for homogeneous catalysts over heterogeneous ones owing to their specific features, especially associated with selectivity, augment the market growth. The market is also expected to witness a significant hike in demand amid the Covid-19 pandemic as PGM catalysts are utilized in the formulation of several APIs, such as a few antibiotics used for Covid-19 treatment. Homogeneous precious metal catalysts, the directed synthesis of a composite organic intermediate, can be completed catalytically to deliver a product that could not be obtained by other means.

A homogeneous catalytic way can enhance the product superiority as well as the complete economics of a present process. Several proven homogeneous catalysts are appropriate for laboratory preparations. Market players are involved in continuous innovation to increase the user base and target greater market growth in the future.

Gather more insights about the market drivers, restraints and growth of the Europe Homogeneous Precious Metal Catalyst market

The research and development have been evident through the investments and efforts to come up with new ‘greener’ and cost-effective catalyst technologies to complement or replace the existing, costlier catalytic processes.

For example, American Elements came up with a new catalytic process involving rhodium of alumina spheres to replace the costlier pure rhodium/iridium catalysts. Such measures are taken by the market players to increase their revenue share by attracting new end-users and enhance the rapport with the existing customers through better technological solutions.


Browse through Grand View Research's Chemicals Industry Related Reports

  • Catalyst Market - The global catalyst market size was valued at USD 33.9 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2020 to 2027.
  • Agrochemicals Market - The global agrochemicals market size was valued at USD 218.5 billion in 2020 and is anticipated to grow at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028.


Europe Homogeneous Precious Metal Catalyst Industry Segmentation

Grand View Research has segmented the Europe homogeneous precious metal catalyst market on the basis of product, end-use, and country:

Europe Homogeneous Precious Metal Catalyst Product Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Platinum
  • Palladium
  • Rhodium
  • Ruthenium
  • Iridium
  • Gold
  • Others

Europe Homogeneous Precious Metal Catalyst End-use Outlook (Volume, Tons; Revenue, USD Million, 2017 - 2028)

  • Pharmaceutical & Biomedical
  • Refineries
  • Agrochemicals
  • Fine Chemicals
  • Electrochemical
  • Power Generation
  • Other Industrial

Europe Homogeneous Precious Metal Catalyst Country Outlook (Revenue, USD Million, 2017 - 2028)

  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Poland


Market Share Insights:

  • June 2022: BASF announced the construction of a large-scale battery recycling black matter facility in Schwarzheide, Germany.
  • June 2022: Evonik invests $220 million in a new triglyceride manufacturing plant for mRNA-based medicines in the United States, in collaboration with the US government.


Key Companies profiled:

Some prominent players in the Europe Homogeneous Precious Metal Catalyst Industry include

  • Alfa Aesar
  • Heraeus Holding
  • BASF SE
  • Evonik Industries AG
  • Johnson Matthey
  • Clariant AG
  • Haldor Topsoe
  • Umicore
  • American Elements
  • Chimet S.p.A.
  • Shaanxi Kai Da Chemical Engineering Co., Ltd.
  • Sabin Metal Corp.


Order a free sample PDF of the Europe Homogeneous Precious Metal Catalyst Market Intelligence Study, published by Grand View Research.


About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments

Post a Comment

Popular posts from this blog

Drug Addiction - Pipeline Review, H1 2017 Market Overview and trends research report

Radiant insights, inc latest Pharmaceutical and Healthcare disease pipeline guide Drug Addiction - Pipeline Review, H1 2017, provides an overview of the Drug Addiction (Central Nervous System) pipeline landscape. Drug addiction, also called substance dependence or chemical dependency, is a disease that is characterized by a destructive pattern of drug abuse that leads to significant problems involving tolerance to or withdrawal from the substance. Drug addiction symptoms or behaviors include recurrent drug use that results in a lack of meeting important obligations at work, school, or home, inability to sleep, awake at unusual times, unusual laziness, loss of or increased in appetite, changes in eating habits, cold, sweaty palms; shaking hands., red, watery eyes; pupils larger or smaller than usual and unusual smells on breath, body or clothes. Report Highlights Radiant insights, inc Pharmaceutical and Healthcare latest pipeline guide Drug Addiction - Pipeline Review, H1 2017, p...
Read more

All Countries Dialyzer Industry 2013-2028 - Market Size, Share, Outlook, Growth, Key Players and Forecast

The global Dialyzer market was valued at $XX million in 2018, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. This report provides detailed historical analysis of global market for Dialyzer from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Dialyzer market. Download Free Sample Report @ https://www.radiantinsights.com/research/2013-2028-report-on-global-dialyzer-market/request-sample Leading players of Dialyzer including: • Fresenius Medical Care • Baxter • Nipro • Asahi Kasei • Toray • B.Braun • Nikkiso • Medtronic • Kawasumi • Medica • Wego • Lengthen • Peony Medical • Chengdu OCI • Bain Medical Equipment Market split by Type, can be divided into: • Flat Type Dialyzer • Coil Tube Dialyzer • Ho...
Read more

Insights into the Medical Waste Disposal Category: A Comprehensive Procurement Intelligence Report

  Medical Waste Disposal Category Overview The medical waste disposal category is anticipated to grow at a CAGR of 6.0% from 2023 to 2030. Appropriate disposal of medical trash is the key challenge for healthcare providers across the globe. Rising awareness about the benefits of proper medical waste management for treatment, recycling, and disposal of medical trash has boosted the growth of the category. According to the World Health Organization Study Report 2022, countries with low income generate over 0.2 kg of medical trash per day per hospital bed, whereas countries with high income generate hazardous waste of up to 0.5 kg per hospital bed each day. Moreover, rising government initiatives and strict rules and regulations for waste management are also expected to drive the category. For instance, in December 2022, an MOU was signed between the Center for Health Environment Research and Development and Can Tho Central General Hospital under USAID’s Reducing Pollution Project. T...
Read more