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The catalyst market size is forecast to increase by USD 4.97 billion, at a CAGR of 3.6% between 2023 and 2028. The market is experiencing significant growth due to the increasing industrialization in emerging economies and the rising demand for biocatalysts in various industries. Biodiesel production is a major driver of this market, with transesterification being the primary process utilizing heterogeneous catalysts such as silicon dioxide and titanium dioxide. Additionally, the production of value-added petrochemicals through hydrolysis and hydrogenation processes relies heavily on homogeneous catalysts, including sulfuric and hydrofluoric acids. Stringent regulations and policies regarding emissions and sustainability are also influencing the market trends, as companies seek to reduce their carbon footprint and comply with environmental standards. The use of catalysts in the production of chemicals and the refining of oil and gas is essential to meet these requirements and maintain competitiveness in the industry.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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