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Nanocatalysts Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026

Published By :

Transparency Market Research

Category :

Chemicals

Nanocatalysts are defined as catalysts that use nanoparticles. These include nanoscale materials with at least one nanoscale dimension. Nanocatalysts may also have modified nanoscale structure to increase the catalytic properties. Nanocatalysts are used to accelerate or decelerate the rate of change of chemical reactions without getting consumed and without changing their permanent physical or chemical states. Nanocatalysts are becoming prevalent in the market owing to their ability to provide larger surface area to accelerate the rate of reactions. Furthermore, nanotechnology provides custom design specification to catalysts in order to facilitate faultless selectivity in a catalyst based reaction. Nanocatalysts with higher specific surface and higher catalytic activities help resolve some of the problems faced by chemical reactions. Most commercial catalysts are still produced by ‘mixing, shaking, and baking’ mixtures of multi-components. Nanocatalysts are used in a wide spectrum of applications such as food processing, pharmaceuticals, chemical, and oil refineries. 

Increase in focus on environmental conservation and rise in awareness about reducing carbon footprints are the major factors driving the nanocatalysts market. Growth in demand for nanocatalysts in refineries and petrochemical plants owing to the wide usage in heavy oil upgrade, catalytic cracking of hydrocarbons, desulfurization, cleaning up oil drip, and coal liquefaction is augmenting the nanocatalysts market.

Easy availability of cost-effective substitutes is hampering the nanocatalysts market.

Based on chemical properties, the nanocatalysts market can be segmented into nanoparticle catalysts, nonporous catalysts, nanocrystalline catalysts, and supramolecular catalysts.

In terms of application, the nanocatalysts market can be divided into biomass, oil and gas, fossil fuel, oil refineries, fuel cells, water and waste water treatment, environmental applications and pharmaceuticals. The oil refineries segment accounts for significant share of the market owing to its wide application in treating hydrocarbons in refineries. Environmental is a rapidly growing segment of the nanocatalysts market owing to the increase in awareness about environmental conservation.

Based on geography, the nanocatalysts market can be segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific constitutes key share of the nanocatalysts market due to the large manufacturing base, rise in demand for industrial nanocatalysts, and increase in fuel consumption by transportation practices in the region. North America and Europe follow Asia Pacific. Furthermore, demand for biodiesel is increasing, especially in countries such as the U.S., Germany, France, Italy, and Japan, owing to the decrease in petroleum reserves. This, in turn, is boosting the demand for nanocatalysts.

Key players operating in the nanocatalysts market include BASF SE, Clean Diesel Technologies Inc., Hyperion Catalysis International Inc., Johnson Matthey Plc., Mach I Inc., Headwaters Inc., NexTech Materials Limited, Nanophase Technologies Corporation, PQ Corporation, Zeolyst International, and W.R. Grace & Company.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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