Primary Reforming Catalyst Market
Primary Reforming Catalyst Market Study by Hydrogen Generation, Ammonia Production, Formaldehyde Production, and Syngas Production Process From 2024 to 2034
Analysis of Primary Reforming Catalyst Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Primary Reforming Catalyst Market Outlook (2024 to 2034)
Revenue from the global primary reforming catalyst market is estimated to reach US$ 3.37 million in 2024. As stated in Fact.MR report, the market is analyzed to expand at a CAGR of 6.7% to reach US$ 6.47 million by the end of 2034.
To increase vehicle engine performance and efficiency, high-octane fuels are necessary. The need for high-octane fuel has been developing in the last few years because of rising consumer spending and knowledge. To prevent knockbacks, which harm engines, certain fuels are necessary.
Furthermore, they enhance the combustion process in contemporary high-performance engines. These elements are consistent with the rising demand for cars with high performance. They also aid in controlling emissions and enhancing fuel efficiency.
Refiners use sophisticated catalytic processes, such as isomerization and catalytic reforming to produce high-octane fuels. Refining high-octane fuels requires high-grade catalysts. The refiners' development of improved catalyst technology is driven by the increasing demand for these fuels. The market for refinery catalysts is positively impacted by these factors.
The demand for primary reforming catalysts varies by region and is impacted by several factors, such as clean energy emphasis, petrochemical infrastructure expansion, and industrialization. Examining specific regions in greater detail reveals distinct market features:
North America: This region is a major market for primary reforming catalysts because it has a well-established petrochemical industry and is placing more emphasis on hydrogen as a clean fuel.
Europe: One of the main regions driving the need for primary reforming catalysts in the manufacturing of hydrogen in Europe, with its dedication to sustainability and the shift to green energy.
East Asia: The region is one of the biggest users of primary reforming catalysts due to the fast industrialization of several countries, including South Korea and others along with a need for hydrogen in a variety of applications.
Middle East: The Middle East offers prospects for primary reforming catalysts, especially in the production of hydrogen for downstream sectors, given its status as a hub for oil and gas production.
| Report Attribute | Detail |
|---|---|
| Primary Reforming Catalyst Market Size (2024E) | US$ 3.37 Million |
| Forecasted Market Value (2034F) | US$ 6.47 Million |
| Global Market Growth Rate (2024 to 2034) | 6.7% CAGR |
| East Asia Market Share (2024E) | 35.2% |
| North America Growth Rate (2024 to 2034) | 7.7% CAGR |
| Demand for Metal Oxide (2024E) | US$ 1.66 Million |
| Key Companies Profiled | Johnson Matthey; Haldor Topsoe; Honeywell International Inc.; Süd-Chemie; TANAKA HOLDINGS Co., Ltd; ThyssenKrupp AG; Chempack; Clariant; China Petroleum & Chemical Corporation. |
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Global Primary Reforming Catalysts Market Introduction
Primary reforming catalysts are various kinds of metal oxides that are used for facilitating the reforming process. Primary reforming catalysts are generally made up of nickel and oxides of copper, zirconium, aluminum & nickel. Primary reforming catalysts are used in the steam reforming process.
Primary reforming catalysts find applications in processes such as hydrogen generation, ammonia production, formaldehyde production, syngas production, and others. The activity of the primary reforming catalyst decides the yield and conversion of feedstock. The choice of a suitable catalyst for reforming processes is also necessary for efficient production output from the reforming plant.
The demand for primary reforming catalysts from petrochemical industries is on the rise. The rapid growth of the petrochemical industry has created an upsurge in the demand for primary reforming catalysts for the manufacturing of various chemicals and gases. The refinery catalyst market is also witnessing significant growth.
An increase in the capabilities of refineries is boosting the demand for high-performance primary reforming catalysts, which is projected to continue over the forecast period. There has been a significant increase in the demand for hydrogen gas, ammonia, and other chemicals, which has been driving the primary reforming catalyst market.
Strong growth of the global chemical industry and an increase in the need for energy is expected to boost the demand for primary reforming catalysts during the forecast period.
Primary Reforming Catalyst Market Restraints
One of the major challenges faced by the global primary reforming catalyst market is the need for continuous research & development for product improvement. Large players in the market are continuously focusing on innovations and the development of improved catalysts to maximize the process yield. Therefore, sustaining global competition is one of the major challenges faced by primary reforming catalyst manufacturers.
In addition, environmental regulations are getting more stringent day by day, which is likely to act as a restraining factor for the primary reforming catalyst market during the forecast period. Fluctuations in the prices of oil & gas are expected to affect the market for primary reforming catalysts during the forecast period.
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Primary Reforming Catalyst Market Trends
The development of new products through research & development has been observed in the market. Changing requirements of reformers and chemical manufacturers are creating new opportunities for the manufacturers of primary reforming catalysts. In addition, technology providers are signing long-term contracts with end users, which include refiners and chemical manufacturers, to garner a larger market share.
Global Primary Reforming Catalyst Market: Regional Outlook
The global primary reforming catalyst market is expected to be dominated by the Asia Pacific region with China leading the market in terms of production as well as consumption. India is also expected to witness sound growth in the demand for primary reforming catalysts owing to rapid growth in the automotive industry in the country.
North America and Europe are collectively expected to hold a significant share of the primary reforming catalyst market and an increase in the demand for green tires is expected to drive the demand for primary reforming catalysts in the coming years.
Significant investments and the recovery of the economies in Brazil and Argentina are projected to drive the Latin America primary reforming catalyst market. The Middle East and Africa are projected to witness moderate growth in the demand for primary reforming catalysts over the forecast period.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, configuration, material, shaft, and end-use.
The report covers an exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Technology
- Value Chain
- Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- CIS and Russia
- Asia-Pacific (China, India, ASEAN, South Korea)
- Japan
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Segmentation of Primary Reforming Catalyst Market
-
By Process :
- Hydrogen Generation
- Ammonia Production
- Formaldehyde Production
- Syngas Production
- Others
-
By Material :
- Metal Oxide
- Zeolite
- Others
-
By End-use Industry :
- Petrochemical Refinery
- Chemical & Fertilizer
- Others
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Process
- 6.2. Material
- 6.3. End Use Industry
- 7. Global Market Analysis and Forecast, By Process
- 7.1. Hydrogen Generation
- 7.2. Ammonia Production
- 7.3. Formaldehyde Production
- 7.4. Syngas Production
- 7.5. Others
- 8. Global Market Analysis and Forecast, By Material
- 8.1. Metal oxide
- 8.2. Zeolite
- 8.3. Others
- 9. Global Market Analysis and Forecast, By End Use Industry
- 9.1. Petrochemical Refinery
- 9.2. Chemical & Fertilizer
- 9.3. Others
- 10. Global Market Analysis and Forecast, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Western Europe
- 10.4. Eastern Europe
- 10.5. Asia Pacific
- 10.6. East Asia
- 10.7. MEA
- 11. North America Sales Analysis and Forecast, by Key Segments and Countries
- 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 14. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 17. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 18. Sales Forecast by Process, Material, and End Use Industry for 30 Countries
- 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 20. Company Profile
- 20.1. Johnson Matthey
- 20.2. Haldor Topsoe
- 20.3. Honeywell International Inc.
- 20.4. Süd-Chemie
- 20.5. TANAKA HOLDINGS Co., Ltd
- 20.6. ThyssenKrupp AG
- 20.7. Chempack
- 20.8. Clariant
- 20.9. China Petroleum & Chemical Corporation
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Process
Table 3: Global Market US$ Mn Forecast by Material
Table 4: Global Market US$ Mn Forecast by End Use Industry
Table 5: North America Market US$ Mn Forecast by Country
Table 6: North America Market US$ Mn Forecast by Process
Table 7: North America Market US$ Mn Forecast by Material
Table 8: North America Market US$ Mn Forecast by End Use Industry
Table 9: Latin America Market US$ Mn Forecast by Country
Table 10: Latin America Market US$ Mn Forecast by Process
Table 11: Latin America Market US$ Mn Forecast by Material
Table 12: Latin America Market US$ Mn Forecast by End Use Industry
Table 13: Western Europe Market US$ Mn Forecast by Country
Table 14: Western Europe Market US$ Mn Forecast by Process
Table 15: Western Europe Market US$ Mn Forecast by Material
Table 16: Western Europe Market US$ Mn Forecast by End Use Industry
Table 17: Eastern Europe Market US$ Mn Forecast by Country
Table 18: Eastern Europe Market US$ Mn Forecast by Process
Table 19: Eastern Europe Market US$ Mn Forecast by Material
Table 20: Eastern Europe Market US$ Mn Forecast by End Use Industry
Table 21: Asia Pacific Market US$ Mn Forecast by Country
Table 22: Asia Pacific Market US$ Mn Forecast by Process
Table 23: Asia Pacific Market US$ Mn Forecast by Material
Table 24: Asia Pacific Market US$ Mn Forecast by End Use Industry
Table 25: East Asia Market US$ Mn Forecast by Country
Table 26: East Asia Market US$ Mn Forecast by Process
Table 27: East Asia Market US$ Mn Forecast by Material
Table 28: East Asia Market US$ Mn Forecast by End Use Industry
Table 29: MEA Market US$ Mn Forecast by Country
Table 30: MEA Market US$ Mn Forecast by Process
Table 31: MEA Market US$ Mn Forecast by Material
Table 32: MEA Market US$ Mn Forecast by End Use Industry
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 5: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 9: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 10: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 14: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 15: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 17: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 18: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 19: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 20: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 22: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 23: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 24: Asia Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 29: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Process
Figure 30: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Material
Figure 31: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End Use Industry
Figure 32: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
Which Region is the dominant market in the global Market for Primary Reforming Catalyst?
The global primary reforming catalyst market is dominated by the East Asia region with China leading the market.
Who are the key players in the Primary Reforming Catalyst Market?
Johnson Matthey, Haldor Topsoe, Honeywell International Inc., and Süd-Chemie are some key market players.
Primary Reforming Catalyst Market