Global Hydrogenation Catalyst Market Size and Forecast 2018-2025: BASF, Clariant, Evonik, Criterion
Albany, NY -- (SBWire) -- 08/01/2018 --This report studies the global Hydrogenation Catalyst market status and forecast, categorizes the global Hydrogenation Catalyst market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen - is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Catalysts are required for the reaction to be usable; non-catalytic hydrogenation takes place only at very high temperatures. Hydrogenation reduces double and triple bonds in hydrocarbons.
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Hydrogenation catalyst is used in process of Refining, Petrochemicals, Oil & Fat Hydrogenation and others. Report data showed that 64.10% of the Hydrogenation catalyst market demand in Refining, 17.27% in Petrochemicals, and 11.07% in Oil & Fat Hydrogenation in 2016. With the development of economy, these industries will need more Hydrogenation catalyst. So, Hydrogenation catalyst has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high quality Hydrogenation catalyst through improving manufacturing process. It is predicted that high quality Hydrogenation catalyst will become the mainstream product in the future.
The global Hydrogenation Catalyst market is valued at 2870 million US$ in 2017 and will reach 3660 million US$ by the end of 2025, growing at a CAGR of 3.1% during 2018-2025.
The major manufacturers covered in this report
- BASF
- Clariant
- Evonik
- Advanced Refining Technologies (ART)
- Criterion
- Johnson Matthey
- Axens
- UOP
- Haldor Topsoe
- Albemarle
- Sinopec
- CNPC
- SJEP
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-hydrogenation-catalyst-market-research-report-2018-report.html/toc
Key Stakeholders
- Hydrogenation Catalyst Manufacturers
- Hydrogenation Catalyst Distributors/Traders/Wholesalers
- Hydrogenation Catalyst Subcomponent Manufacturers
- Industry Association
- Downstream Vendors
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