#Asia-Pacific Rhodium Market Growth

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Precious Metal Catalyst Market Trends and Forecasting Growth Opportunities

The global precious metal catalyst market size was USD 19.41 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.7% during the forecast period. Rising environmental concerns and regulations is a key factor driving market revenue growth.

The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Precious Metal Catalyst market.

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The leading market contenders listed in the report are: Johnson Matthey, BASF SE, Heraeus Group, CLARIANT, Evonik, TANAKA Holdings Co., Ltd, Solvay, Vineeth Precious Catalysts Pvt. Ltd, American Elements, Axens, Topsoe, Catalytic Products International, SACHEM, INC., Fuel Tech Inc., ALS, CHIMET, J&J MATERIALS, ReMetall Deutschland AG, Sabin Metal Corporation, and Souvenier Chemicals

The research study examines historic data from 2018 and 2020 to draw forecasts until 2030. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs. To Visit Full Report & Table of Contents Precious Metal Catalyst Market: https://www.emergenresearch.com/industry-report/precious-metal-catalyst-market

Market Overview: The report bifurcates the Precious Metal Catalyst market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment. Segments Covered in this report are:

Type of Precious Metal Outlook (Revenue, USD Billion; 2019-2032)

Platinum Catalysts

Palladium Catalysts

Rhodium Catalysts

Gold Catalysts

Others

Application Outlook (Revenue, USD Billion; 2019-2032)

Emission Control Catalysts

Chemical Synthesis Catalysts

Fuel Cell Catalysts

Pharmaceutical Catalysts

Petrochemical Catalysts

Environmental Catalysts

Electronics Catalysts

Others

End-use Outlook (Revenue, USD Billion; 2019-2032)

Automotive

Chemical and Petrochemical

Pharmaceuticals

Oil & Gas (O&G)

Electronics

Energy

Environmental

Food & Beverage (F&B)

Others

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. Get An Impressive Discount On This Report@ https://www.emergenresearch.com/request-discount/2494

Regional Analysis Covers: North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key reasons to buy the Global Precious Metal Catalyst Market report:

The latest report comprehensively studies the global Precious Metal Catalyst market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products & services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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Global Automotive Catalytic Converter Market: Growth Analysis, Trends, and Forecast by VynZ Research

The global automotive industry has witnessed significant advancements in emission control technologies, with automotive catalytic converters playing a vital role in reducing harmful exhaust emissions. VynZ Research presents an in-depth analysis of the Global Automotive Catalytic Converter Market, examining growth prospects, current trends, and future forecasts. 

Overview of the Automotive Catalytic Converter Market:

The automotive catalytic converter market is experiencing substantial growth owing to increasing environmental regulations and the rising demand for fuel-efficient vehicles. This section will delve into the market size, historical data, and a comprehensive overview of the market’s dynamics.

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Key Market Drivers:

a. Stringent Emission Standards: Governments worldwide have implemented strict emission regulations, compelling automakers to adopt advanced emission control technologies. The article will discuss the impact of these regulations on the demand for automotive catalytic converters.

b. Growing Automotive Production: The automotive industry is witnessing steady growth due to increasing consumer purchasing power and improving economic conditions. The article will highlight how this growth fuels the demand for catalytic converters.

Market Segmentation:

a. By Type: The market can be segmented into three types: Two-Way Catalytic Converters, Three-Way Catalytic Converters, and Diesel Oxidation Catalysts. This section will provide a detailed analysis of each type, including their working principles, advantages, and applications.

b. By Material: Automotive catalytic converters are manufactured using various materials such as Platinum, Palladium, Rhodium, and others. The article will explore the market share and benefits of each material, considering factors like cost, efficiency, and availability.

Regional Analysis:

a. North America: This section will discuss the market scenario, regulatory landscape, and emerging trends in North America. It will highlight the presence of key market players and their strategies in the region.

b. Europe: The European market is witnessing substantial growth due to stringent emission regulations and increased adoption of electric vehicles. The article will provide insights into market dynamics, major growth drivers, and notable market developments.

c. Asia-Pacific: As the largest automotive market, Asia-Pacific presents lucrative opportunities for automotive catalytic converter manufacturers. The article will analyze key countries, market trends, and factors influencing growth in this region.

Competitive Landscape:

The article will showcase the competitive landscape of the Global Automotive Catalytic Converter Market, highlighting the key players, their market share, and strategies. It will also discuss recent mergers and acquisitions, partnerships, and collaborations in the industry.

Future Outlook:

This section will present an outlook on the future growth potential of the market, considering factors such as technological advancements, evolving regulations, and market trends. It will offer valuable insights for industry participants, investors, and stakeholders.

Conclusion:

The Global Automotive Catalytic Converter Market is poised for remarkable growth in the coming years. VynZ Research’s comprehensive analysis provides a holistic understanding of the market dynamics, trends, and growth prospects. Industry stakeholders and automotive enthusiasts can leverage this information to make informed decisions and capitalize on emerging opportunities in this evolving market.

About Us:

VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions worldwide to strategize and revolutionize business opportunities.

Source: VynZ Research

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Precious Metal Catalysts Market Segmentation and Regional Analysis: Understanding Market Segments and Geographic Trends in the Global Precious Metal Catalysts Industry

The Precious Metal Catalysts Market refers to the global industry that revolves around the production, distribution, and application of catalysts that contain precious metals. Precious metal catalysts market play a crucial role in various chemical processes, particularly in industries such as automotive, pharmaceuticals, petroleum refining, and chemicals.

Key Precious Metals Used in Catalysts:

Platinum: Platinum catalysts are widely used due to their exceptional catalytic properties and high resistance to corrosion. They find applications in fuel cells, automobile exhaust systems, and chemical production processes.

Palladium: Palladium catalysts are commonly utilized in automotive catalytic converters, hydrogenation reactions, and the production of fine chemicals and pharmaceuticals.

Rhodium: Rhodium catalysts are known for their effectiveness in catalyzing oxidation reactions. They are used in the production of nitric acid, as well as in automotive and electronic industries.

Ruthenium: Ruthenium catalysts are utilized in numerous chemical reactions, including hydrogenation, metathesis, and catalytic oxidations.

Iridium: Iridium catalysts are primarily used in the production of high-value chemicals, as well as in fuel cells and the pharmaceutical industry.

Market Drivers:

Environmental Regulations: Stringent regulations regarding emissions control, particularly in the automotive industry, have fueled the demand for precious metal catalysts.

Growing Chemical Industry: The expanding chemical sector, coupled with increasing research and development activities, drives the demand for efficient and selective catalysts.

Sustainable Energy Solutions: The shift towards clean energy sources, such as fuel cells and renewable energy, boosts the demand for precious metal catalysts.

Technological Advancements: Continuous advancements in catalyst design and engineering, including nanotechnology applications, enhance the efficiency and performance of precious metal catalysts.

Market Challenges:

High Cost: The limited availability and high cost of precious metals pose challenges for the widespread adoption of precious metal catalysts.

Substitution: Constant efforts to develop alternative catalysts with lower costs and comparable performance could impact the market for precious metal catalysts.

Recycling and Sustainability: The sustainable sourcing and recycling of precious metals in catalysts are important considerations due to environmental and ethical concerns.

Regional Overview: The Precious Metal Catalysts Market is geographically diverse, with key regions including North America, Europe, Asia Pacific, and Rest of the World. North America and Europe have established markets due to stringent emissions regulations, while Asia Pacific is experiencing rapid growth driven by industrial expansion and increasing environmental regulations.

Competitive Landscape: The market for precious metal catalysts is highly competitive and characterized by the presence of both multinational corporations and regional players. Key market participants include BASF SE, Johnson Matthey, Clariant AG, Umicore SA, Heraeus Holding, and Evonik Industries AG, among others. These companies focus on research and development, strategic partnerships, and mergers and acquisitions to strengthen their market position and offer innovative catalyst solutions.

Overall, the Precious Metal Catalysts Market is driven by the growing demand for efficient and sustainable catalysts in various industries. The market is expected to witness continued growth as advancements in catalyst technology and increasing focus on clean energy solutions shape the industry's future.

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Space Mining Market by Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2028

Space Mining market was valued at USD 1340 million in 2021 and is expected to reach USD 5090 million by the year 2028, at a CAGR of 21%.

The method of collecting materials and minerals from asteroids and near-earth objects is known as space mining. The similar to earth mining in that it involves the extraction and exploitation of valuable resources and minerals. The only difference is the expense of both, which is incredibly expensive for space mining. However, due to the rapid depletion of resources and the scarcity of these resources on Earth, space mining could be the only viable choice for mineral and material exploration. Space mining refers to the extraction of useful and precious raw materials from minor planets or asteroids, such as gold, iridium, silver, palladium, osmium, platinum, rhodium, rhenium, ruthenium, and tungsten, as well as iron, manganese, and cobalt. The aim of space mining is either to provide building materials in space or to carry extracted material back to Earth for technical and economic development. The current pandemic has affected almost all industry verticals across the world. The space mining market has been influenced by the restrictions imposed during the pandemic phase.

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The research study includes an examination of many aspects that contribute to the market's expansion. Market trends, restrictions, and drivers that have a favorable or negative influence on the market are included. This section also discusses the many businesses and applications that may have an impact on the market in the future. The information is based on both recent and historical patterns. The cost structure, market size, Space Mining Sales, Gross Margin and Market Share, Price, Revenue, Size, Forecast, and Growth Rate are all calculated in the report.

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Key Industry Players in Space Mining Market:

·         Bradford

·         Ispace

·         Kleos Space S.A.

·         Moon Express

·         Planetary Resources

·         Spacefab.Us

·         Sierra Nevada Corporation

·         Offworld

·         Virgin Galactic

·         Deep Space Industries

·         Asteroid Mining Corporation

·         Shackleton Energy Company

·         TransAstra

·         National Aeronautics and Space Administration

·         European Space Agency

·         Japan Aerospace Exploration Agency

·         China National Space Administration

·         Russian Federal Space Agency

·         Asteroid Mining Corporation Limited and other major players.

Space mining is that the process of excavation of materials and minerals from asteroids and near-earth objects. the aim of space mining is analogous thereto of earth mining, exploitation and excavation of precious materials and minerals. The main difference is that the cost involved for both which is extremely expensive for space mining, but due to the rapid decline in resources and these resources becoming progressively scarce on earth, space mining might be the sole viable option for the excavation of minerals and materials.

Segmentation Analysis Includes,

By Type:

·         Type C

·         Type S

·         Type M

By Phase:

·         Spacecraft Design

·         Launch

·         Operation

By Application:

·         Extraterrestrial Commodity

·         Construction

·         Human Life Sustainability

·         Fuel

·         3D Printing

By Region:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of SA)

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Reasons to Buy the Space Mining Market Research Report:

·         The Space Mining exploration report gives a characterization of the Space Mining company, along with its marketing strategies, commercial growth, and full-fledged structure and association of the company.

·         The Market exploration includes literal and vaticinations Market data, demand, operation details, pricing history, and company shares of the Space Mining Market by terrain.

·         The report of the Space Mining company gains a truly global perspective with the most comprehensive report available on this Market covering colorful topographies, current happenings, and upcoming opportunities.

·         The Space Mining Market report analyzes important functional and performance data so one may compare them to their own business, the businesses of their guests, or the companies of their rivals.

The pandemic has had a great impact on the Space Mining Market. It shook businesses and stock markets across the globe had to act in handy and give in immediate responses considering the COVID-19 obstacles. The COVID-19 Epidemic has hyped up the reality and has drastically affected the fiscal and experimental criteria of the Space Mining Market. The Space Mining Market report emphasizes the assignments and comminations that COVID-19 left for businessmen and judges to learn and get prepared for forthcoming rigors.

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The Space Mining Market exploration report throws an enhanced and profound understanding of the Market and its factors. The Space Mining Market is surely enduring numerous grueling tests due to the emergence of new challengers in the Market. The Space Mining exploration report is an expansive study that focuses on overall consumption patterns, development trends, deals numbers, and provident heads in crucial countries of the Space Mining Market.

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https://introspectivemarketresearch.com/reports/space-agriculture-market/

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Global Rhodium Market Share, Size & Trends, Analysis Report By Application, By Region, And Segment Forecasts Till- 2027

Global Rhodium Market Share, Size & Trends, Analysis Report By Application, By Region, And Segment Forecasts Till- 2027

Buy Now Rhodium is a silvery-white platinum group metal (PGM) resistant to corrosion and greatly reflective. It is considered the rarest and most worthy precious metal around the globe. Rhodium is one of the six platinum, rhodium, osmium, palladium, iridium and ruthenium. It is also categorized as a noble metal, meaning that it does not react to oxygen conveniently, functions as the fantastic…

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Auto Catalyst Market Challenges, Analysis And Forecast To 2030

The increasingly stringent global emission standards are one of the prime reasons for the growth of the market during the forecast period of 2022 to 2030. The factor played a major role in the growth of the market even during the previous forecast period of 2018 to 2021.

An autocatalyst is a cylinder or elliptical cross-section that is built from ceramic or metal formed in a fine honeycomb and covered with a solution of chemicals and a combination of platinum, rhodium or palladium. It is mounted within a stainless steel canister and integrated with a vehicle's exhaust line where it transforms pollutants from the combustion of fuel to harmless gases.

Various countries across the globe are imposing stringent rules on vehicles with respect to emissions. This factor is also playing a pivotal role in the growth of the market. Countries including the US, UK, China and India are imposing stricter rules that are boosting the growth of the market for market.

It is estimated for the global auto catalyst market to witness growth at a CAGR of 4.7% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy CAGR during the forecast period of 2018 to 2021.

Key Market Trends:

The increasingly stringent global emission standards are one of the prime reasons for the growth of the market during the forecast period of 2022 to 2030. The factor played a major role in the growth of the market even during the previous forecast period of 2018 to 2021.

Various countries across the globe are imposing stringent rules on vehicles with respect to emissions. This factor is also playing a pivotal role in the growth of the market. Countries including the US, UK, China and India are imposing stricter rules that are boosting the growth of the market for the market.

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Global Auto catalyst Market- Segmental assessment

By metal types

Platinum

Palladium

Rhodium

Others

By engine types

Gasoline engine

Diesel engine

Others

By vehicle type

Passenger car

Light commercial vehicle (LCV)

Heavy commercial vehicle (HCV)

Motorcycle

Asia Pacific region to witness growth at a the fastest pace

It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a healthy CAGR of during the forecast period. The market in Europe is projected to grow at a quicker rate during the forecast period. The stringent rules across various countries in these regions is estimated to boost the growth of the market during the forecast period.

Competitive Landscape:

Some of the prominent companies operating in the market are

BASF(Germany)

Johnson Matthey (UK)

Umicore (Belgium)

Cataler (Japan)

Cummins (US)

Heraeus (Germany)

INTERKAT (Germany)

Tenneco (US)

Major Questions Answered In This Report:

What is the growth rate of the global auto catalyst market?

What are the primary growth determinants of the market?

Which are the major regions constituting the geographical landscape of the market?

Which are the prominent companies operating in the market?

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Key Takeaways From The Report:

It is estimated for the global auto catalyst market to witness the growth at a CAGR of 4.7% during the forecast period of 2022 to 2030. The market witnessed the growth at a healthy CAGR during the forecast period of 2018 to 2021.

Various countries across the globe are imposing stringent rules on vehicles with respect to emission. This factor is also playing a pivotal role in the growth of the market. The countries including US, UK, China and India are imposing stricter rules that is boosting the growth of the market for the market.

An autocatalyst is a cylinder or elliptical cross section that is built from ceramic or metal formed in a fine honeycomb and covered with a solution of chemicals and a combination of platinum, rhodium or palladium

It is estimated for the Asia Pacific region to witness immense growth in the market. The region is expected to grow at a healthy CAGR of during the forecast period. The market in Europe is projected to grow at a quicker rate during the forecast period

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Fine Chemical Catalyst Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2022-2027

The Fine Chemical Catalyst Market size is forecasted to grow at a CAGR of 6.1% during the forecast period 2022-2027. Fine chemical catalysts can be categorized into various types of materials such as platinum, palladium, vanadium oxide, proline, rhodium and more. They are used in a wide range of industries which include pharmaceuticals, paints & coatings, agriculture, rubber and other industries. The expansion of fine chemical catalysts is primarily driven by their usage in the cosmetic & personal care industry. In 2020, the surge in the COVID-19 pandemic negatively impacted cosmetic production activities, thus, temporarily affecting the growth of the fine chemical catalyst industry. However, a steady recovery in cosmetic production has been witnessed since 2021, which in turn, is driving the demand for fine chemical catalysts. For instance, according to the European Trade Association for the Cosmetics and Personal Care Industry, the total sales of the cosmetics and personal care industry in Europe was valued at EUR 80 billion (US$ 94.6) in 2021, an increase of 4.3% as compared to EUR 76.7 billion (US$ 87.6) in 2020, indicating an increase in demand and production from the sector. An increase in the production of cosmetic & personal care products along with the surging demand from the rubber industry is expected to drive the growth of the fine chemical catalyst market size in the coming years. On the other hand, high costs of raw materials may confine the growth of the market.

Fine Chemical Catalyst Market Report Coverage

The "Fine Chemical Catalyst Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Fine Chemical Catalyst Market.

By Material Type: Platinum, Palladium, Vanadium Oxide, Proline, Rhodium, Ruthenium, Iridium, Others. By Application: Flavors and Fragrances, Agrochemicals, Pigments and Dyes, Active Pharmaceutical Ingredients, Plastic Additives, Rubber Additives, Others. By End-Use Industry: Pharmaceuticals, Paints & Coatings, Agriculture, Rubber, Textile, Cosmetics & Personal Care (Skin Care, Hair Care, Fragrances), Others. By Geography: North America (the USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Denmark, Belgium and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Rest of the World (the Middle East and Africa).

Key Takeaways

Active pharmaceutical ingredients application held a significant share in Fine Chemical Catalyst Market in 2021. The ability of fine chemical catalysts to increase the speed of chemical reactions makes it ideal for use in the production of active pharmaceutical ingredients, whose demand is driven by their usage in the pharmaceutical industry.

Pharmaceutical industry held the largest share in Fine Chemical Catalyst Market in 2021, owing to the increasing demand for fine chemical catalysts from the pharmaceutical sector across the world. For instance, according to the Brazilian Chemical Industry Association, the production of the pharmaceutical industry in Brazil was valued at US$16.1 billion in 2021, an increase of 2.6% from US$ 15.7 billion in 2020.

Asia-Pacific dominated the Fine Chemical Catalyst Market in 2021, owing to its increasing demand from the pharmaceutical sector of the region.

A detailed analysis of strengths, weaknesses, opportunities and threats will be provided in the Fine Chemical Catalyst Market Report.

Figure: Asia-Pacific Fine Chemical Catalyst Market Revenue, 2021-2027 (US$ Million)

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Fine Chemical Catalyst Market Segment Analysis – by Application

The active pharmaceutical ingredients application segment held a significant Fine Chemical Catalyst Market share in 2021. Fine chemical catalysts composed of platinum, palladium, vanadium oxide, proline and more, are primarily used during the production of active pharmaceutical ingredients, owing to their ability to speed up chemical reactions and synthesis. Moreover, active pharmaceutical ingredients are the most important component of any medical drug, as they are responsible for fulfilling the purpose of the medication. Hence, an increase in pharmaceutical production is expected to drive the demand for fine chemical catalysts for the production of active ingredients utilized in the industry. For instance, according to the European Federation of Pharmaceutical Industries and Associations (EFPIA), the total production of pharmaceuticals including capsules, tablets and other products in Europe was valued at EUR 310,000 million (approx. US$ 354,080.76 million) in 2020. Thus, such increasing production from the pharmaceutical sector is expected to increase the demand for fine chemical catalysts for the production of active pharmaceutical ingredients utilized in the industry. This is expected to drive the growth of the market during the forecast period.

Fine Chemical Catalyst Market Segment Analysis – by End-Use Industry

The pharmaceutical industry held the largest Fine Chemical Catalyst Market share of over 25% in 2021. The ability of fine chemical catalysts to increase the speed of chemical reactions and synthesis makes it ideal for use during the production of active pharmaceutical ingredients utilized in the pharmaceutical industry. For instance, according to the Government of Japan Ministry of Health, Labor and Welfare (MHLW), the production of pharmaceuticals in Japan was valued at US$ 87.03 million in 2019, an increase of 39% in comparison to the previous year. Moreover, recent insights from the International Trade Administration state that the total production of pharmaceutical products in Mexico was valued at US$ 11.1 billion in 2020, representing an increase of 2.8% from US$ 10.8 billion in 2019. Thus, such increasing production from the pharmaceutical sector is expected to increase the demand for fine chemical catalysts, owing to its above-mentioned properties. This is expected to expand the fine chemical catalyst market size during the forecast period.

Fine Chemical Catalyst Market Segment Analysis – by Geography

Asia-Pacific held a dominant Fine Chemical Catalyst Market share of around 31% in the year 2021. The consumption of fine chemical catalysts is particularly high in this region due to its increasing demand from the pharmaceutical sector. For instance, according to the General Statistics Office of Vietnam, the total pharmaceutical production in Vietnam was valued at US$3484.5 million in 2020, an increase of around 7% from US$ 3255.6 million in 2019. According to Vietnam’s Ministry of Health, the pharmaceutical industry is expected to grow at a rate of 10% per year from 2017 to 2028, owing to an increase in pharmaceutical production and sales in the country. Furthermore, India Brand Equity Foundation (IBEF), India ranked 3rd in terms of pharmaceutical production by volume in 2021. It further states that the domestic pharmaceutical industry in India includes around 3,000 drug companies and approx. 10,500 manufacturing units.

In this way, such increasing production from pharmaceutical sectors in the region is expected to increase the demand for fine chemical catalysts composed of platinum, palladium, vanadium oxide, proline and more for use in the production of active pharmaceutical ingredients utilized in the industry. This is expected to accelerate the growth of the market during the forecast period.

Fine Chemical Catalyst Market Drivers

An increase in the production of cosmetic & personal care products

Fine chemical catalysts are primarily used in the production of preservatives, additives and fragrances utilized in cosmetics & personal care products. The use of fine chemical catalysts during the production process of cosmetics & personal care products ensures the highest process yields and efficiencies. According to the International Trade Administration (ITA), South Korea accounts for one of the world's top ten beauty industries, responsible for about 2.8% of global sales in 2019. The industry was valued at US$ 9.4 billion in 2019, with total local production increasing by 4.9% in comparison to the previous year. Moreover, according to a study published on Fashion Network, skin care and sun care products produced an average annual growth of 5.6% in 2020. Hence, such surging production of cosmetics and personal care products is expected to increase the demand for fine chemical catalysts, owing to their above-mentioned usage. This is expected to fuel the growth of the market in the upcoming years.

Surging demand from the rubber industry

Fine chemical catalysts are primarily in the rubber industry during its production in order to polymerize the monomers into controlled structures with the aim of achieving the rubber’s required performance objectives in their applications. For instance, according to the Gulf Petrochemicals and Chemicals Association (GPCA), the synthetic rubber industry is expected to grow by 5.5% by the end of 2022. It further states that the demand for synthetic rubber from industrial and consumer applications is expected to remain high in 2022. In 2019, the government of India launched its National Rubber (NR) Policy 2019. Which aims at meeting the demand for 2 million tons of rubber production by 2030. Furthermore, recent insights from the European Tyre & Rubber Manufacturers Association (ETRMA) states that the major countries that produced synthetic rubber in 2020 were China with a share of 22%, followed Europe with 14% and the USA with 13% respectively. In this way, an increase in production from the rubber industry is expected to increase the demand for fine chemical catalysts for use in rubber additives utilized during the production of rubber. This is expected to accelerate the growth of the fine chemical catalyst market in the upcoming years.

Fine Chemical Catalyst Market Challenges

High cost of raw materials

The primary materials used in fine chemical catalysts such as platinum, palladium, rhodium and more are usually associated with a high cost, which in turn, may restrain the growth of the market. For instance, according to Monex Precious Metals, the price of palladium in 2022, reached up to US$ 63,303.35/kg, representing an increase of US$ 482.25 in comparison to 2021. Likewise, the price of platinum reached up to US$ 28,032/kg in July 2022, depicting an incline of 5.64% in comparison to the previous week. Furthermore, in 2022, the price of rhodium reached US$ 435,642.62/kg. Thus, such high costs associated with primary materials used in fine chemical catalysts may limit the growth of the fine chemical catalyst industry during the forecast period.

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Precious Metal Catalysts Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2020 to 2030

Precious Metal Catalysts Market is presently valued at USD 19.41 billion and is poised to amplify at a CAGR of 6.19% over 2022-2030

Petrochemicals (producers of petrochemical intermediates), medicines for chemical synthesis (producers of bulk and specialised chemicals), car (emission reduction), and refining (refineries for the production of clean fuel) industries all employ precious metal catalysts. The need for precious metal catalysts is being driven by the significant growth of these industries in recent years, as well as rigorous emission control rules and the need for cleaner fuels, heavy, and sour crudes.

Noble metal catalysts are corrosion-resistant metals that can oxidise in the presence of moisture. Platinum (Pt), osmium (Os), palladium (Pd), ruthenium (Ru), silver (Ag), iridium (Ir), and gold (Au) are noble metals (Au). The rarity of these metals in the earth's crust, as well as their value in metallurgy and adornment, make them expensive (jewelry, sacred objects, and art).

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Precious metals, often known as noble metals, are metals that are chemically very stable and passive toward chemical reactions. Precious metals include gold, palladium, platinum, rhodium, and silver, to name a few. Precious metal catalysts are made consisting of nano-scale precious metal particles supported on a high surface area material like carbon, silica, or alumina. These catalysts are used in a wide range of industries, including refinery, petrochemicals, polymer, chemicals, pharmaceuticals, automobile, and the environment. Each precious metal catalyst has its own distinct properties. The majority of these catalysts are utilised in organic synthesis reactions.

Global Precious Metal Catalysts Market: Segmentations

By Key Players

·        BASF SE

·        Evonik Industries AG

·        Johnson Matthey Plc

·        Heraeus Group

·        Clariant International Ltd

·        Umicore SA

·        Alfa Aeser

·        Vineeth Precious Catalysts Pvt. Ltd

·        Umicore

·        Chimet S.P.A

·        American Elements

·        ALS Limited

·        Ames Goldsmith Ceimig

·        Stanford Advanced Materials

·        Shanxi Kaida Chemical Engineering Co.,ltd.

·        Hindustan Platinum Pvt.

·        Synthesis with Catalysts Pvt q J&J Materials, Inc.

By Type:

• Platinum

• Palladium

• Rhodium

• Iridium

• Ruthenium

• Gold

• Silver

• Osmium

• Others

By Distribution Channel:

• Direct Sales

• Indirect Sales

By End-Use:

• Automobile

• Pharmaceutical

• Refinery

• Petrochemical

• Agrochemicals

• Chemicals

• Environment and Material sciences

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Table Of Contents (TOC)

1. Global Precious Metal Catalysts Market Introduction and Market Overview

2. Global Precious Metal Catalysts Market - Executive Summary

3. Precious Metal Catalysts Market Trends, Outlook, and Factors Analysis

4. Global Precious Metal Catalysts Market: Estimates & Historic Trend Analysis (2018 to 2021)

5. Global Precious Metal Catalysts Market Estimates & Forecast Trend Analysis, by Deployment

6. Global Precious Metal Catalysts Market Estimates & Forecast Trend Analysis, by Component

7. Global Precious Metal Catalysts Market Estimates & Forecast Trend Analysis, by Content Type

8. Global Precious Metal Catalysts Market Estimates & Forecast Trend Analysis, by End Use

9. Global Precious Metal Catalysts Market Analysis and Forecast, by Region

10. North America Precious Metal Catalysts Market: Estimates & Forecast Trend Analysis

11. Europe Precious Metal Catalysts Market: Estimates & Forecast Trend Analysis

12. Asia Pacific Precious Metal Catalysts Market: Estimates & Forecast Trend Analysis

13. Middle East & Africa Precious Metal Catalysts Market: Estimates & Forecast Trend Analysis

14. Latin America Precious Metal Catalysts Market: Estimates & Forecast Trend Analysis

15. Competitive Landscape

16. Company Profiles

17. Assumptions and Research Methodology

18. Conclusions and Recommendations

Key Benefits

·        This report provides a quantitative analysis of the current trends, estimations, and dynamics from 2020 to 2023 to assist to identify the prevailing market opportunities.

·        Major countries in each region are mapped according to the individual market revenue.

·        The region-wise and country-wise market conditions are comprehensively analyzed.

·        This study evaluates the competitive landscape and the value chain analysis to understand the competitive environment across geographies.

·        An in-depth analysis of each segment of the noble metal catalyst market is provided to assist the prevailing market opportunities.

 FREQUENTLY ASKED QUESTIONS?

Q1. What will be the Precious Metal Catalysts Market Size From 2021 to 2030?

Q2. What is the CAGR of Precious Metal Catalysts Market?

Q3. How can I get sample report of Precious Metal Catalysts Market?

Q4. Which is the base year calculated in the Precious Metal Catalysts Market report?

Q5. Which are the top companies in the Precious Metal Catalysts Market?

Q6. What are the segments of Precious Metal Catalysts Market?

Q7. What are the key trends in the Precious Metal Catalysts Market report?

Q8. Which region holds the maximum market share of the Precious Metal Catalysts Market?

Q9. How will the COVID-19 pandemic impact the Precious Metal Catalysts Market in 2021?

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Stationary Emission Control Market Research Analysis

Stationary Emission Control Market by Type (Palladium, Platinum, Rhodium), Application (Mobile sources (off road, and on road), and Stationary Sources), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

The Stationary Emission Control market size is projected to reach a CAGR of 7.1% from 2022 to 2028.

 The emissions are ejected by the vehicles or machines. If petrol or diesel is used for the operation of the machines then the emissions are usually carbon di oxide, carbon mono oxide, nitrogen oxide and various other unburnt hydrocarbons.

Surged demand due to the stringent policies by the government along with the increased production capacity from the thermal power plants are some of the factors that have supported long-term expansion for Stationary Emission Control Market.

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Regional Analysis

North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the stringent governmental policies on pollution.

Key Players

BASF catalyst

Johnson Matthey

Umicore

Tenneco

Cataler

Heraeus

Bosal

Clean Diesel Technologies

Cormetech 

DCL International Inc.

Hitachi Zosen Corporation

IBDIEN

Interkat

Kunming Sino-Platinum Metals Catalyst

Nett Technologies

NGK Insulators

Shell Global Sinocat

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Recent Developments

In 2021, BASF increased and expanded its production capacity of emission catalyst.

In 2019, ActivDPFTM diesel particulate filter (DPF) system was lunched by Johnson Matthey designed especially for stationary diesel engines.

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Stationary Emission Control Market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Report Scope

Stationary Emission Control Market is segmented into metal type, application, and region.

On the basis of Metal Type

Palladium based

Platinum based

Rhodium based

Others (vanadium, ruthenium, and irirdium)

On the basis of Application

Mobile sources (off road, and on road)

Stationary sources

On the basis of Catalytic Converter

Diesel oxidation catalyst

Selective catalytic reduction

Lean NOx trap

Three-way catalytic converter

Four-way catalytic converter

On the basis of Region

Asia Pacific

North America

Europe

South America

Middle East & Africa

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Nanomaterials Market- Comprehensive Research, Size, Share, Trends, Demand, Key Player profile and Regional Outlook by 2030

Nanomaterials are the nanosized materials; their thickness range less than 100 nm. The thickness range of these materials also known as the quantum regime is the key factor in defining the properties of the nanomaterials. They exhibit excellent properties including high strength, hardness, elasticity, electric conductivity, antimicrobial and self-cleaning properties, scratch-resistance, and chemical resistance, making them applicable in a wide range of applications. The growing demand for nanomaterials in the electronics and healthcare industries and increasing R&D and investments related to the new materials are factors likely to propel the growth of the global market in the years to follow.

Market Segmentation

The global nanomaterials market has been segregated on the basis of material type, application, and region.

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By material type, the global nanomaterials market has been divided into metal and non-metal oxides, carbon-based, chemicals & polymers, nano-ceramics, metals, dendrimers, and others. The metal and non-metal oxides segment accounted for the largest market share in 2018 and is expected to be the leading material type segment during the forecast period. The increasing demand for nano-oxides (silica, alumina), copper nanoparticles, silver nanowires, and nano-sized rhodium and palladium in the automotive and electronics industries is expected to be the key factor driving the growth of the segment during the review period. However, the carbon-based nanomaterials segment is projected to register the highest CAGR during the forecast period, 2019–2024.

On the basis of application, the global nanomaterials market has been categorized into transportation, electrical & electronics, healthcare, construction, packaging, consumer goods, energy, and others. The transportation segment is expected to be the leading application segment during the forecast period owing to the widespread use of nanomaterials in the automotive and aerospace industries. Nanostructured metals and polymer nano-composites are widely used in these industries owing to the various advantages offered by these materials, such as superb weight-to-strength ratio, enhanced resilience to vibration and fire, lightweight, reduced wear and corrosion resistance, UV resistance, and reduction in friction and emissions by the engine.

Regional Analysis

Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are the five key regions studied for the global nanomaterials market. The market in North America is projected to be the leading regional market during the forecast period owing to the widespread use of nanomaterials in the healthcare and automotive industries and strong support from the government and private sectors for the development of new and innovative applications of nanomaterials.

Asia-Pacific is projected to be the fastest growing regional market during the forecast period on account of the expanding automotive and medical industries in the region. Also, the use of nanomaterials in the electronics industry is increasing at a robust rate, which is likely to propel regional market growth.

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Competitive Analysis

The prominent players in the global nanomaterials market are BASF SE (Germany), Arkema Group (France), Evonik Industries AG (Germany), Hongwu International Group Ltd (China), SHOWA DENKO K.K (Japan), NANOCHEMAZONE (Canada), Strem Chemicals, Inc (US), Canum Nanomaterials Inc. (Canada), Promethean Particles Ltd (UK), and NanoMaterials Technology Pte Ltd (Singapore).

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Precious Metal Catalysts Market Regional Size and Share Forecast

The precious metal catalysts market refers to the market for catalysts that are based on precious metals such as platinum, palladium, rhodium, ruthenium, and gold. These catalysts are used in various industries for accelerating chemical reactions, improving process efficiency, and reducing harmful emissions.

Here is some information about the precious metal catalysts market:

Market Overview: The precious metal catalysts market has been witnessing significant growth due to increasing demand from industries such as automotive, pharmaceuticals, chemicals, and petrochemicals. These catalysts play a crucial role in catalytic converters, fuel cells, fine chemical synthesis, and environmental applications.

Types of Precious Metal Catalysts: The market offers a range of precious metal catalysts, including platinum catalysts, palladium catalysts, rhodium catalysts, ruthenium catalysts, and gold catalysts. Each metal exhibits different catalytic properties and is suitable for specific applications.

Application Areas: Precious metal catalysts find applications in various industries. Some of the key application areas include:a. Automotive: Precious metal catalysts are used in catalytic converters to reduce harmful emissions from vehicles, including carbon monoxide, nitrogen oxides, and volatile organic compounds.b. Chemicals and Petrochemicals: These catalysts are employed in the production of chemicals and petrochemicals, such as in the synthesis of plastics, polymers, and specialty chemicals.c. Pharmaceuticals: Precious metal catalysts play a vital role in pharmaceutical manufacturing processes, including the production of active pharmaceutical ingredients (APIs) and drug intermediates.d. Refineries: Catalysts based on precious metals are utilized in petroleum refineries for processes like hydrocracking and hydrotreating, which help enhance the quality of fuels.e. Environmental Applications: Precious metal catalysts are used in environmental applications such as air and water purification, reducing emissions from industrial processes, and waste treatment.

Market Trends and Drivers: Several factors contribute to the growth of the precious metal catalysts market, including:a. Stringent Environmental Regulations: Increasing environmental regulations worldwide drive the demand for catalysts that can effectively reduce emissions and pollutants.b. Growing Automotive Industry: The automotive sector's expansion, coupled with stricter emission standards, fuels the demand for precious metal catalysts for catalytic converters.c. Advancements in Fuel Cell Technology: Fuel cells, which use precious metal catalysts, are gaining traction as a clean energy solution, driving the demand for these catalysts.d. Shift towards Greener Processes: Industries are increasingly adopting sustainable and eco-friendly manufacturing processes, creating a demand for precious metal catalysts.

Key Market Players: The precious metal catalysts market is highly competitive, with several key players operating in the industry. Some of the prominent companies include BASF SE, Johnson Matthey, Umicore SA, Clariant AG, Evonik Industries AG, and Heraeus Holding GmbH, among others.

Regional Market Analysis: The market for precious metal catalysts is global, with major regions including North America, Europe, Asia Pacific, and the rest of the world. Asia Pacific is expected to witness significant growth due to the presence of emerging economies, expanding automotive and chemical sectors, and rising environmental concerns.

Challenges: Despite the growth prospects, the precious metal catalysts market faces challenges such as the high cost of precious metals, limited availability of resources, and the development of alternative catalysts.

It's important to note that the information provided here is based on the knowledge available up until September 2021, and there may have been developments or changes in the market since then.

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Global Rhodium Market Industry Trends, Analysis, Share, Market Size, Application Analysis, Growth Rate And Forecast 2021-2027

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Rhodium is a silvery-white platinum group metal (PGM) resistant to corrosion and greatly reflective. It is considered the rarest and most worthy precious metal around the globe. Rhodium is one of the six platinum, rhodium, osmium, palladium, iridium and ruthenium. It is also categorized as a noble metal, meaning that it does not react to oxygen conveniently, functions as the fantastic catalyst and is resistant to corrosion and oxidation.

According to the report analysis, ‘Global Rhodium Market, 2021-2027’ states that African Rainbow Minerals Limited, Anglo American Platinum Limited, Glencore plc, Impala Platinum Holdings Limited, Northam Platinum Limited, OJSC MMC Norilsk Nickel, Russian Platinum, PLC, Sino-Platinum Metals Co., Ltd. and many others are the key entities which presently operating in the rhodium market more proficiently for registering the great value of market share, generating the highest percentage of revenue, keep maintaining the governing position, ruling around the globe, leading the highest market growth, and obtaining the competitive edge by spreading the awareness connected to the benefits and features of rhodium, increasing the applications and features of rhodium, delivering the better consumer satisfaction, decreasing the associated prices of such, improving the qualitative and quantitative measures of such, implementing the policies and strategies of enlargement and profit making, and analysing the strategies and policies of government as well as similar entities.

By applications, the ‘Global Rhodium Market’ is segmented into agrochemical, automotive, coating and consumer goods. In addition, the global rhodium market is predicted to observe the growth at the quite a proficient rate throughout the review duration. The foremost aspects accountable for the global rhodium market’s growth would be a steady growth in the requirement for the catalytic converters utilized in the automotive industry and the growing requirement for the rhodium in countless other industrial segments.

Furthermore, Platinum-rhodium alloys are utilized as effective catalysts in chemical reactions. Nitric acid production consists one such catalyst. Rhodium electroplating makes jewellery shine as rhodium can reflect 80% of observable rays, besides having hypoallergenic possessions and being scratch and tarnish resistant. Rhodium is utilized with platinum to make strong heat-resistant lab vessels as both these elements are inert. They are also utilized in making scientific equipment such as thermoelectric measuring devices, spectrometers, and neutron flux level detectors. Plating connectors and contacts in electrical devices, and plating floodlight reflectors, and some technical mirrors in dentistry are some of the rhodium’s utilizations as well.

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Region wise, it is predicted that Europe registered the global rhodium market owing to stringent environmental policies propelling the higher requirement for automotive catalytic converters, closely followed by North America. North America is well-known to be the leader in introducing the rhodium through recycling. Major % of the rhodium utilized as auto-catalyst is replenished here. Asia-Pacific has massive scope for further explorations in the market, making it the fastest-increasing market. Therefore, in the near years, it is predicted that the market of rhodium will increase around the globe more actively over the coming future.

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Global Rhodium Market Research Report, 2021-2027

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Automotive Catalytic Converter Market Size, Share, Growth and Forecast Research Report 2020-2027

The global catalytic converter market size is likely to expand considering strict emission regulations set by government agencies during the forecast period. This information is published by Fortune Business Insights, in its latest report, titled “Catalytic Converter Market Size, Share & Industry Analysis, By Catalytic Converter Type (Two-Way Oxidation Catalytic Converter, Three-Way Oxidation Catalytic Converter, Diesel Oxidation Catalyst), By Material Type (Platinum, Palladium, Rhodium) Others and Regional Forecast, 2019-2026.”

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A catalytic converter works as a control device that reduces the emission of toxic gases and pollutants coming out of an exhaust system of a vehicle. Vehicles emit harmful gases such as carbon monoxide, nitrogen oxide, and hydrocarbons that are harmful for the environment. A catalytic converter filters the emission of these harmful gases using a primary redox reaction. Furthermore, it is mandatory that the vehicles be fitted with a catalytic converter to pass the smog tests necessary to keep in control harmful emissions of gases. According to United States Environmental Protection Agency (US EPA), a passenger vehicle emits around 4.6 metric tons of carbon dioxide (CO2) every year. Awareness on the harmful effects of greenhouse gases is expected to drive the growth of the market in the forthcoming years.

Some of the Leading Companies Operating in the Market:

Magneti Marelli S.P.A.

Faurecia SA

Sango Co.Ltd.

Benteler International AG

Futaba Industrial Co. Ltd.

BASF Catalysts LLC

European Exhaust and Catalyst Ltd

Deccats, Yutaka Giken Co. Ltd.

Calsonic Kansei Corporation

Among the other players.

What does the Report Include?

The market report offers a detailed assessment of the various market drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Furthermore, the report provides comprehensive research into the regional developments of the market, affecting the market growth during the forecast period. In addition to this, the report includes information sourced from advice of expert professionals from the industry by our research analysts using several research methodologies. Moreover, it contains an exhaustive study of the landscape comprising of key players, strategies used by them, and recent product launches for the market growth between 2019 and 2026.

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Strict Government Regulations to Limit Harmful Gas Emissions Will Boost Demand

Automobiles emit several harmful gases in addition to carbon dioxide. The harmful gases that include nitrous oxide (N2O) and other hydrofluorocarbons (HFCs) affect the environment on a large scale. According to the United States Environmental Protection Agency (US EPA), greenhouse gas emissions resulting from transportation account to around 29% of total U.S. greenhouse gas emissions. Stringent government regulations to curtail the emission of greenhouse gases is anticipated to contribute to the growth of the market in the forthcoming years. Additionally, government initiatives to promote low-carbon fuels, improving vehicle efficiency, and adoption of new and improved vehicle technologies, is anticipated to drive the growth of the market during the forecast period.

Automotive Catalytic Converter Market Segmentation:

By Product Type

Two Way Oxidation Catalytic Converter (TWOCC)

Three Way Oxidation Reduction Catalytic Converter (TWORCC)

Diesel Oxidation Catalyst (DOC)

By Material Type

Rhodium

Palladium

Platinum

By Vehicle Type

Passenger Cars

Light Commercial Vehicles (LCV)

Heavy Commercial Vehicles (HCV)

By Geography

North America (U.S., Canada, and Mexico)

Europe (U.K., Germany, France, and Rest of Europe)

Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia- Pacific)

Rest of the World

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Emission Control Catalysts Market Analysis Delivery, Architecture, Type , Systems Forecast to 2027

The global emission control catalysts market is segmented by catalyst type into palladium, rhodium, platinum and others; by end-user industries into fuel-fired power plants, boilers, automotive and others and by sections. Emission Control Catalysts Market is expected to mask a CAGR of 9 .1% during the forecast period i .e. 2018-2027.

Currently the global emission control catalyst market is viewing vibrant improvement on account of increasing demand of production control methods in the market. Advancement in various end-user industries in the past few years and fast growing technological explorations are anticipated to drive emission control catalyst market during the forecast period. Increasing awareness regarding ecological footprints is anticipated to propel the emission control catalysts market additionally.

As a precursor to emission controlling step in the growing automotive industry , North America is panned to observe substantial emission control catalyst market growth on the back of rising stringent government regulations . North America is estimated to be followed by Asia-Pacific in terms of consumption due to expanding emission control catalyst requirements in power generation and boiler industries. Europe is expected to drive the demand and positively impact emission control catalyst market growth over the forecast period owing to increasing emission control catalyst application for refining and purification process fuel fired industries.

Rising Awareness Regarding Environmental Pollution

Application of emission control catalyst in the reduction of carbon footprint by converting industrial toxic gases into non-toxic pollutants is estimated to propel the market sturdily over the forecast period. Rapid economic development with thriving manufacturing sector is expected to boost the emission control catalyst market in the developing regions.

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Stringent Government Regulations

Increasing stringent rules and regulations from the government’s side in order to control pollution dispersion rate and hydrocarbons and nitrogen oxide release is estimated to contribute significantly in the growth of the emission control catalysts market around the globe. Additionally, increasing technological advancements is anticipated to drive the automotive converter catalysts market over the forecast period across the globe.

However , the use of emission control catalysts impacts the fuel economy as well as reduces the automobile performance due to which a percentage of consumers prefer not to adopt these catalysts that is expected to slower down the adoption of emission control catalysts during the forecast period in some parts of the developing and under-developed regions across the globe .

The report titled “Global Emission Control Catalysts Market : Global Demand Analysis & Opportunity Outlook 2027” delivers detailed overview of the global Emission Control Catalysts market in terms of market segmentation by catalyst type , by end-user industries and by regions .

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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global Emission Control Catalysts market which includes company profiling of BASF Catalysts LLC. , Corning Incorporated, Solvay S .A . , Clariant Corporation, Cataler Corporation, Umicore SA , Haldor Topsoe A/S , Johnson Matthey , Cormetech , Inc . And Hitachi Zosen Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global Emission Control Catalysts market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future

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Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision so as to avoid future uncertainties.

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Precious Metals Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2027

Precious Metals, also called as noble metals are rare and possess significant economic value. They are inert in nature and exhibits high ductility, excellent electrical conductivity, luster, and superior chemical resistance. Owing to its relatively inert nature, they find widespread applications in jewelry and electronics industries.

The Global Precious Metals Market has been segmented on the basis of Type, Application, and End-Use Industry.

Based on Type, the Global Precious Metals Market has been divided into gold, silver, and platinum group metals. The gold segment was the largest in 2017 and is expected to continue its dominance during the forecast period due to the surging demand for gold in jewelry, awards, bullion and coins as investment, dentistry, and in microelectronics. The market for silver is projected to grow at the highest CAGR in the following years owing to its low cost and surging demand in diverse applications such as electronics, photography, cutlery, medical, and investments.

By Application, the Global Precious Metals Market has been categorized into jewelry, investments, electronic components, dentistry, computer parts, cutlery, photography, and others. The jewelry segment dominated the Precious Metals Market in 2017 owing to the product’s inert nature, aesthetic appeal, and ductility. Increasing purchasing power and surging demand for the personal adornment are the key factors anticipated to drive the market growth during the forecast period. The investments segment is projected to grow at the highest CAGR during the assessment period owing to the growing demand for gold and silver in coins, bars, and bullion. These precious metals are a good investment during financial crisis and inflation.

On the basis of End-Use Industry, the Global Precious Metals Market has been segmented into electronics, medical, automotive, aerospace, oil & gas, and others. The electronics industry segment was the largest in 2017 owing to the rising consumption of gold and silver in photovoltaic cells, batteries, computer parts, and smart phones. The medical industry is estimated to register the highest CAGR in the coming years due to the rising applications in dental crowns and fixtures, cancer treatment, and antibiotics.

 Competitive Analysis

Some of the market players involved in the Global Precious Metals Market are Newmont Mining Corporation. (US), Hycroft Mining Corporation (US), Freeport-McMoRan (US), Norilsk Nickel (Russia), Anglo American (UK), Sumitomo Metal Mining Co., Ltd. (Japan), Asahi Refining (US), Russian Platinum (Russia), Barrick Gold Corporation (Canada), GOLDCORP INC. (Canada), Kinross Gold Corporation (Canada), Lonmin Plc (South Africa), and PAN AMERICAN SILVER. (Canada).

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  Market Segmentation

The Global Precious Metals Market has been categorized on the basis of Type, Application, End-Use Industry and Region.

By Type, the Global Precious Metals Market has been classified into gold, silver, and platinum group metals. The platinum group metals segment has been further segmented into platinum, palladium, ruthenium, rhodium, osmium, and iridium.

On the basis of Application, the Global Precious Metals Market has been divided into jewelry, investments, electronic components, dentistry, computer parts, cutlery, photography, and others.

Based on End-Use Industry, the Global Precious Metals Market has been categorized into electronics, medical, automotive, aerospace, oil & gas, and others.

The Global Precious Metals Market has been analyzed across five key regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.

 Regional Analysis

The Global Precious Metals Market has been studied for five major regions, namely Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa.

The Asia-Pacific is the leading market due to the growing demand for Precious Metals such as gold and silver in jewelry making. China is the leading market in the region owing to the rising investments of gold and silver, growing retail outlets of jewelry, increasing disposable income, and healthy growth of the electronics industry. The North American market is projected to register the highest CAGR during the forecast period due to large mining activities and recovery of economy.

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High-k and ALD CVD Metal Precursors Market Size, Key Players, Revenue Drivers and Forecast Report, 2025

The global High-k and ALD CVD Metal Precursors Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global high-k and ALD CVD metal precursors market is anticipated to reach USD 789.8 million by the end of 2025. It is expected to grow at the CAGR of around 8.3% from 2019 to 2025, according to the new report by Million Insights. The growing trend of electronic devices and semiconductor miniaturization a get a compact design are the key factors that are anticipated to propel the market growth.

Key Players:

Air Liquide

Adeka Corporation

SAFC Hitech Ltd. (Merck KGaA)

AG Semiconductor Services Inc.

Air Products and Chemicals, Inc.

Colnatec

Dow Chemical

Dynamic Network Factory Inc.

JSR Corporation

Linde

NANMAT

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Growth Drivers:

Increasing demand for large data and access is driving the need for materials having greater dielectric value. The research sector with rising demand for the Atomic Layer Deposition (ALD) process of rhodium, platinum, palladium, ruthenium, and iridium is projected to bolster market growth. In addition, increasing need for thin-film metals especially in the industrial sector is also expected to positively impact market growth.

Technology Outlook:

Interconnect

Capacitors

Gates

Based on the technology, the high-k and ALD/CVD metal precursors market is split into capacitors, gates, and interconnect. High dielectric valued precursors are used for capacitor, and gates manufacturing. Metal precursor is required for creating interconnects and electrodes. Gates type segment is projected to grow at a fastest CAGR of around 13.1% during the forecasted period. Several research activities are carried out for making thin films by the use of elements such as HfO2, ZrO2, Ta205, and AI203 for DRAM field designs, and other interconnects.

Interconnect involve fabrication process that uses Aluminum (AI), and Copper (Cu). It is also used for making barrier of metal layered for protection of Silicon (Si) in integrated circuits. High-dielectric layer is prevalent to DRAMs, metal-insulator-metal capacitors, OLEDs, and thin-film transistor devices.

Regional Outlook:

In 2018, Asia Pacific led the market with revenue of USD 293.6 million in the overall market. Growing demand for microelectronic devices and high outsourcing for electronic products especially from China is mainly contributing to market growth. Furthermore, increasing need for semiconductors across countries such as India, Russia, China, and Brazil, with rising demand for low cost products is boosting the market growth.

In U.S., rising research activities involved in nanotechnology is proliferating the demand for semiconductor devices. Additionally, growing demand for 3D stack ICs structure with high cost-effectiveness due to application of ALD is fostering market growth.

Impact of COVID-19:

The COVID-19 crisis has its significant impact on global high-k and ALD/CVD metal precursors market. During the lockdown, several metal manufacturers have faced challenges such as lack of workforce, supply chain interruption in acquiring metals including copper, aluminum, and titanium, among others.

In addition, slowdown in electronics, automotive industry is also projected to hamper the market growth. During the first quarter 2020, in China the prices of metal precursors have witnessed a decline owing to delay in purchase orders, and production demand. Thus, the manufacturers are focusing on collecting raw materials, and resources from local players.

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