Platinum and Palladium Catalyst Market expected to witness 10% CAGR by 2020-2026

Posted On September 02, 2020     

Global Platinum And Palladium Carbon Catalyst Market was valued at around USD 515 million in 2019, and is expected to witness 10% CAGR during 2020-2026 as per the market report by Value Market Research. The rapidly expanding petrochemical industry is the most significant contributing factor for the platinum and palladium catalysts market. Growing energy demands to meet the increasing global population requirements will boost this market's development in the alternative energy sector. The rising demand for hydrogen fuel cell vehicles and the robust pharmaceutical will foster this market's growth. Stringent rules regarding carbon emission and carbon footprints and growing environmental concerns will further propel these catalysts' demand in the automotive sector. The biggest challenge faced by this market, depending on the precious metals' platinum and palladium, is the price and availability of raw materials.

Platinum and palladium carbon catalysts are powders composed of platinum and palladium loaded on an activated carbon matrix. These powders are available in various loading percentages and exhibit high purity, high surface area, and enhanced activity. They are used to prepare well-dispersed electrocatalysts for electrochemical processes. These Catalysts enable the formation of highly uniform electrode structures and are harbored in organic chemistry and synthetic chemical applications. These catalysts of highly precious metals play a vital role in the hydrogenation and hydrogenolysis of organic compounds like bioethanol, alternative energy, and fuel cell technologies. They are used as the building blocks for sensor elements as well.
  
The report “Global Platinum And Palladium Carbon Catalyst Market Report By Type (Platinum Carbon Catalyst, Palladium Carbon Catalyst), By Applications (Petrochemical, Pharma, Fine Chemical) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" initially provides the market overview, executive summary followed by detailed revenue analysis bifurcated by segments and regions. The study researches the historical trends of the industry along with understanding all the geo-economic conditions related to the XXX market, thus making the foundation of the report strong and reliable.
                  
On the basis of type the market is segmented into Platinum Carbon Catalyst, Palladium Carbon Catalyst. By applications the platinum and palladium carbon catalyst market is categorised as Petrochemical, Pharma, Fine Chemical. Regionally, the report is segmented as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In this section of the report the data related to all the segments are analysed as per regions.

The Report Segments Global Platinum And Palladium Carbon Catalyst Market -
By Type

  • Platinum Carbon Catalyst
  • Palladium Carbon Catalyst

 
By Applications

  • Petrochemical
  • Pharma
  • Fine Chemical

 
By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

 
Players Profiled In the Report:
Johnson Matthey, Evonik, BASF, Clariant, Vineeth Chemicals, Shanghai Petrochemical Catalyst, KaiDa Technology, Suzhou Jinxingda, Chenzhou GaoXin Platinum Industry.

Download the FREE SAMPLE of Global Platinum And Palladium Carbon Catalyst Market Research Report


About Value Market Research -
Value Market Research was established with the vision to ease decision making and empower the strategists by providing them with holistic market information. Our analysts’ team is well equipped with all research tools and techniques and hold deep knowledge of the industry they are working for.

We ensure intellectual, precise and quality data is delivered to our client. We facilitate clients with syndicate research reports and customized research reports on 25+ industries with global as well as regional coverage.

Contact:
Value Market Research
401/402, TFM, Nagras Road, Aundh, Pune-7.
Maharashtra, INDIA.
Tel: +1-888-294-1147
Email: [email protected]
Website: https://www.valuemarketresearch.com

Why Choose Us

Client First Policy
Excellent Quality
Robust After Sales Support
24/7 Email Support

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Clients

Testimonials