Platinum and Palladium Carbon Catalyst market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 446.1 million in 2020. Over the next five years the Platinum and Palladium Carbon Catalyst market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 524.7 million by 2026. Platinum on carbon, often referred to as Pt/C, is a form of platinum used as a catalyst. The metal is supported on activated carbon in order to maximize its surface area and activity. Palladium on carbon, often referred to as Pd/C, is a form of palladium used as a catalyst. The metal is supported on activated carbon in order to maximize its surface area and activity.
Platinum and palladium carbon catalyst are important catalyst used in petrochemical industry. Major raw materials of those catalysts are platinum and palladium. Globally, platinum and palladium are mainly distributed in South Africa and Russia. Also it seems that raw material price have a great influence on platinum and palladium carbon catalyst price.
Manufacture process of platinum and palladium carbon catalyst is mature and there are many suppliers all over the world. Johnson Matthey, Evonik, Basf, Clariant, Vineeth Chemicals, Shanghai Petrochemical Catalyst, KaiDa Technology, Suzhou Jinxingda and Chenzhou GaoXin Platinum Industry are global major suppliers. Among them, Johnson Matthey is global leader in this industry, with a production of 18.6 MT in 2016.
Global major production regions are distributed in Europe, USA, India and China. In 2016, Europe produced 43.6 MT, with a production share of 37.52%. USA platinum and palladium carbon catalyst production also increased from 20 MT in 2012 to 23.2 MT in 2016, with a CAGR of 3.78%.
During past five years, global platinum and palladium carbon catalyst demand increased from 94.4 MT in 2012 to 116.2 MT in 2016, with a CAGR of 5.33%. Platinum and palladium carbon catalyst is mainly used in petrochemical. Global petrochemical consumed platinum and palladium carbon catalyst increased from 46.3 MT in 2012 to 55.1 MT in 2016.
In the future, we predict that global consumption will continue to increase. By 2023, global consumption will be 162.8 MT.
Top Key players in the Platinum and Palladium Carbon Catalyst Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Platinum and Palladium Carbon Catalyst Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Johnson Matthey, Evonik, Basf, Clariant, Vineeth Chemicals, Shanghai Petrochemical Catalyst, KaiDa Technology, Suzhou Jinxingda, Chenzhou GaoXin Platinum Industry and others.
Global Platinum and Palladium Carbon Catalyst Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Platinum and Palladium Carbon Catalyst Market is segmented based on the type, applications, companies and regions.
By Type, Platinum and Palladium Carbon Catalyst Market has been segmented into
Platinum Carbon Catalyst
Palladium Carbon Catalyst
The end user’s industry application on Platinum and Palladium Carbon Catalyst Market is,
The report offers in-depth assessment of the growth and other aspects of the Platinum and Palladium Carbon Catalyst Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Platinum and Palladium Carbon Catalyst Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Platinum and Palladium Carbon Catalyst Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2021-2026. The report presents the analysis of Platinum and Palladium Carbon Catalyst Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
The key insights of the report have been presented through the frameworks of Major Mergers & Acquisitions, Technological Innovations, and Role of Manufacturers during COVID19 Pandemic. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analyzed in the report.
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Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.