|By PR Newswire||
|April 14, 2014 06:59 PM EDT||
DUBLIN, April 14, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/l6zsb7/global_catalyst) has announced the addition of the "Global Catalyst Market Report" report to their offering.
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The analysts forecast the Global Catalyst market to grow at a CAGR of 4.12 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased demand for clean fuels. Vendors of the Global Catalyst market are also increasing focused on introducing innovative products and advanced technology into the market. However, the fluctuating raw material prices could pose a challenge to the growth of this market.
The report, the Global Catalyst Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the APAC region, the MEA region, North America, Western Europe, and the ROW; it also covers the Global Catalyst market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Since the Global Catalyst market is a highly competitive market, manufacturers are creating new and innovative catalysts and exploring potential markets to increase their revenue. The Global Catalyst market is witnessing increased investment in R&D teams for the development of innovative products and services. A considerable amount of research is also being done to recycle and regenerate spent catalysts. The Refining industry has developed and is using innovative technologies to utilize regenerated catalyst in their operations, and thus, has made them the leading consumers of regenerated catalysts.
Also, leading vendors in the market are entering into strategic partnerships to address issues related to life-cycle, selectivity, and recyclability of catalysts. These manufacturers are increasingly dedicating large resources for designing and developing new catalysts and related technologies. New high-performing catalysts which offer improved selectivity, longer run-cycles, and other characteristics are expected to be introduced in the market soon.
According to the report, one of the major drivers of this market is the increasing demand for clean fuels. The Automobile industry is growing at a rapid pace and an increasing number of stringent regulations are coming into effect, limiting the sulfur concentration in transportation fuels. This has resulted in a high demand for catalysts that are used in hydrotreating applications to remove sulfur from gasoline and diesel.
Further, the report states that one of the major challenges faced by this market is the volatility of the raw material prices, which, in turn results in the rise of finished product prices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Market Segmentation by Application
8. Market Segmentation by Types
9. Geographical Segmentation
10. Vendor Landscape
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Key Vendor Analysis
18. Other Reports in this Series
- Albemarle Corp.
- Axens S.A.
- BASF SE
- CRI/Criterion Inc. Haldor Topsoe A/S
- Clariant AG
- Johnson Matthey plc
- LyondellBasell Industries N.V
- UOP LLC.
- Umicore S.A.
- Univation Technologies LLC
- W. R. Grace & Co.
For more information visit http://www.researchandmarkets.com/research/l6zsb7/global_catalyst
Media Contact: Laura Wood , +353-1-481-1716, [email protected]