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Metal Based Catalysts Market Size, Share, Trends, Growth Opportunities and Competitive Outlook
"Metal Based Catalysts Market – Industry Trends and Forecast to 2029
Global Metal Based Catalysts Market, By Metal Type (Platinum, Palladium, Rhodium, Ruthenium, Iridium, Gold, Others), End- Users (Automobile, Pharmaceutical, Refinery, Others) – Industry Trends and Forecast to 2029
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**Segments**
- Type: The metal-based catalysts market can be segmented based on type into heterogeneous catalysts and homogeneous catalysts. Heterogeneous catalysts are solid catalysts that are in a different phase from the reactants, while homogeneous catalysts are in the same phase as the reactants. - Application: When segmented by application, the market can be divided into petrochemicals, chemicals, polymerization, environmental, and others. Each segment has specific requirements and demands for metal-based catalysts.
**Market Players**
- BASF SE: BASF is a prominent player in the metal-based catalysts market, offering a wide range of catalyst products for various applications. - Johnson Matthey: With a strong focus on research and development, Johnson Matthey is known for its innovative metal-based catalyst solutions. - Clariant: Clariant is a key player in the market, providing metal-based catalysts that cater to the needs of the chemical industry. - Evonik Industries: Evonik is a leading supplier of metal-based catalysts, known for its high-quality products and technical expertise. - The Dow Chemical Company: Dow Chemical Company is a major player in the market, offering metal-based catalysts for diverse industrial applications.
The global metal-based catalysts market is expected to witness significant growth in the coming years, driven by the increasing demand for efficient catalysts in various industries. Factors such as growing investments in research and development, rising environmental concerns, and the expanding chemical sector are contributing to the market's expansion. Heterogeneous catalysts are particularly gaining traction due to their wide applicability and effectiveness in different processes. Additionally, the petrochemical and polymerization segments are expected to experience robust growth, fueling the demand for metal-based catalysts. Key market players such as BASF SE, Johnson Matthey, Clariant, Evonik Industries, and The Dow Chemical Company are focusing on product innovation and strategic partnerships to strengthen their market presence and gain a competitive edge.
The metal-based catalysts market is poised for substantial growth as industries across the globe increasingly rely on these catalysts to enhance their processes and meet stringent environmental regulations. One key driver of market growth is the continuous investments in research and development by market players to introduce innovative and efficient catalyst solutions. This focus on innovation not only strengthens the competitive position of companies like BASF SE, Johnson Matthey, Clariant, Evonik Industries, and The Dow Chemical Company but also drives the overall market forward by offering advanced catalyst products tailored to specific industry needs.
Moreover, the rising environmental concerns are prompting industries to adopt cleaner and more sustainable processes, leading to a higher demand for metal-based catalysts that can facilitate such transformations. Heterogeneous catalysts, in particular, are gaining favor due to their versatility and effectiveness in a wide range of applications, making them a preferred choice for many industries. The flexibility and applicability of heterogeneous catalysts across various sectors such as petrochemicals, chemicals, and environmental applications further contribute to their increasing adoption and subsequent market growth.
In line with the market trends, the petrochemical and polymerization segments are expected to drive significant growth in the metal-based catalysts market. The demand for these catalysts in petrochemical processes to facilitate crucial reactions such as hydrogenation, dehydrogenation, and cracking is on the rise, bolstered by the expanding petrochemical industry globally. Similarly, the polymerization segment is witnessing robust growth driven by the escalating demand for polymers across multiple industries, from packaging to automotive.
To maintain their competitive positions and capitalize on the growing market opportunities, key players in the metal-based catalysts market are focusing on strategic initiatives such as product innovations and collaborations. By developing cutting-edge catalyst solutions that meet evolving industry requirements and forming strategic partnerships with other stakeholders, these companies aim to strengthen their market presence and cater to a wider customer base. Additionally, with a keen eye on sustainability and regulatory compliance, market players are investing in sustainable practices and solutions**Global Metal Based Catalysts Market, By Metal Type (Platinum, Palladium, Rhodium, Ruthenium, Iridium, Gold, Others), End-Users (Automobile, Pharmaceutical, Refinery, Others) – Industry Trends and Forecast to 2029**
The global metal-based catalysts market is witnessing significant growth driven by the increasing demand for efficient catalysts across various industries. With a focus on segments such as heterogeneous and homogeneous catalysts, the market offers a diverse range of catalyst products to meet specific application requirements. The market players, including BASF SE, Johnson Matthey, Clariant, Evonik Industries, and The Dow Chemical Company, play a crucial role in driving innovation and catering to the evolving industry needs. The market is expected to experience substantial growth in the coming years, supported by factors such as rising investments in research and development, growing environmental concerns, and the expanding chemical sector.
In line with market trends, the petrochemical and polymerization segments are projected to be key drivers of growth in the metal-based catalysts market. The demand for metal-based catalysts in petrochemical processes, such as hydrogenation and dehydrogenation, is on the rise, fueled by the expansion of the global petrochemical industry. Similarly, the polymerization segment is witnessing robust growth owing to the increasing demand for polymers across various industries. The versatility and effectiveness of heterogeneous catalysts make them a preferred choice for industries such as petrochemicals,
Key Coverage in the Metal Based Catalysts Market Report:
Detailed analysis of Metal Based Catalysts Market by a thorough assessment of the technology, product type, application, and other key segments of the report
Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
Comprehensive analysis of the regions of the Metal Based Catalysts industry and their futuristic growth outlook
Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Metal Based Catalysts Market Landscape
Part 04: Global Metal Based Catalysts Market Sizing
Part 05: Global Metal Based Catalysts Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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The global market for chemical processing catalysts was valued at USD 9.5 billion in 2022 and is predicted to reach USD 16.38 billion in 2030, rising at an 8.10% CAGR between 2023 and 2030.The global chemical processing catalysts market plays a pivotal role in the production of various chemicals, driving efficiency, selectivity, and sustainability in industrial processes. Catalysts are substances that speed up chemical reactions without being consumed, making them indispensable in the chemical industry. Their applications range from refining petroleum to producing chemicals like ammonia, methanol, and polymers, underpinning numerous industries such as pharmaceuticals, agrochemicals, and environmental protection.
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Market Dynamics
The chemical processing catalysts market is driven by several factors, including the increasing demand for petrochemicals, stringent environmental regulations, and the growing emphasis on sustainability. The rise in global population and industrialization has led to increased demand for chemicals, which in turn has boosted the need for efficient catalysts to optimize production processes. Additionally, the shift towards cleaner and greener technologies is pushing industries to adopt catalysts that minimize energy consumption and reduce harmful emissions.
Key Catalysts and Their Applications
1. Zeolites: Zeolites are microporous, aluminosilicate minerals that are widely used in the petrochemical industry, particularly in fluid catalytic cracking (FCC) processes. They help in breaking down large hydrocarbon molecules into gasoline, diesel, and other valuable products. Zeolites are also employed in the production of detergents and as adsorbents in gas purification.
2. Metal Catalysts: Metals such as platinum, palladium, rhodium, and nickel are crucial in various catalytic processes. For instance, platinum-based catalysts are essential in the production of fertilizers through the ammonia synthesis process (Haber-Bosch process). Palladium and platinum are also used in automotive catalytic converters to reduce harmful emissions, a market driven by stringent environmental regulations.
3. Enzyme Catalysts: Enzymes are biological catalysts that have gained prominence due to their specificity and efficiency under mild conditions. They are increasingly used in the production of biofuels, biodegradable plastics, and in the pharmaceutical industry for drug synthesis. The growing demand for sustainable and eco-friendly processes is driving the adoption of enzyme catalysts in chemical processing.
4. Organometallic Catalysts: Organometallic catalysts, which contain metal-carbon bonds, are extensively used in polymerization processes, including the production of polyethylene and polypropylene. These polymers are integral to the plastics industry, and advancements in catalyst technology are enabling the production of high-performance polymers with tailored properties.
Market Trends and Challenges
1. Sustainability and Green Chemistry: There is a growing focus on developing catalysts that enable sustainable chemical processes, aligning with the principles of green chemistry. This trend is driven by the need to reduce the environmental impact of chemical manufacturing, including minimizing waste and energy consumption. Catalysts that facilitate the use of renewable feedstocks and reduce greenhouse gas emissions are gaining traction in the market.
2. Technological Advancements: Advances in catalyst design, such as the development of nanocatalysts and hybrid catalysts, are enhancing the efficiency and selectivity of chemical reactions. Nanocatalysts, for example, offer a larger surface area and unique electronic properties, making them more effective in catalytic processes. These innovations are expected to open new avenues for catalyst applications in various industries.
3. High R&D Costs: Despite the promising opportunities, the chemical processing catalysts market faces challenges such as high research and development (R&D) costs and complex regulatory requirements. Developing new catalysts involves significant investment in R&D, and the commercialization of innovative catalysts requires rigorous testing and compliance with environmental regulations. These factors can act as barriers to entry for new players in the market.
Regional Insights
The chemical processing catalysts market is geographically diverse, with significant contributions from regions like North America, Europe, Asia-Pacific, and the Middle East. North America and Europe are mature markets, driven by established chemical industries and stringent environmental regulations. The Asia-Pacific region, particularly China and India, is witnessing rapid growth due to industrialization, urbanization, and increasing demand for chemicals. The Middle East, with its abundant hydrocarbon resources, also represents a key market for petrochemical catalysts.
Key Players
Air Products and Chemicals, Inc. (USA)
Albemarle Corp. (USA)
BASF Catalysts LLC (USA)
Clariant (Switzerland)
Evonik Industries AG (Germany)
Johnson Matthey (UK)
INEOS Group Holdings S.A (Switzerland)
LyondellBasell Industries N.V. (The Netherlands)
W. R. Grace & Co. (USA)
Segmentation
By Type
Polymerization Catalysts
Oxidation Catalysts
Organic Synthesis Catalysts
Synthesis Gas Catalysts
Hydrogenation Catalysts
Dehydrogenation Catalysts
By Application
Production of Isobutylene
Chemicals
Others
By Region
North America
The US.
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
South-east Asia
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
GCC Countries
South Africa
Rest of the Middle East and Africa
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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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Wise traders choose to invest in diverse and prolific markets with maximum chances of profits. In this process, they also pick companies from certain nations. They choose countries very carefully after analyzing their markets’ performance thoroughly. Australia is one such country that readily becomes the first choice of investors. This developed nation is home to many well-established enterprises in different domains. You will find promising names in every sector here, from tech to energy, healthcare, and entertainment. That’s why it often becomes difficult for traders to find the right company. Thankfully, experts have developed listicles like this to help such investors. Here are some companies that are mainly doing great in distributing dividends. By choosing them, investors can enhance their chances of making profits. Top Dividend Stocks of Australia Companies that performing great on the Australian Stock Exchange (ASX) include the following: Zimplats (ZIM: ASX) Zimplats is a major mining company that operates in Zimbabwe. They mainly focus on platinum, hence the name. It also mines osmium, ruthenium, iridium, rhodium, and palladium. In the past five years, its shares have risen by 314%. Moreover, it is expected to rise even more as global mineral supply. which is at an all-time low. Zimplats can fill the gap, and its dividend yield is 11.9%. Woodside (WDS: ASX) It is Australia’s largest independent dedicated energy company focusing on exploration and production. The organization is known for spearheading the LNG industry in Australia. Nonetheless, it is shifting its focus from fossil fuels to renewable energy. It has operations in many countries and some ambitious projects, too. With a dividend yield of 9.8%, the WDS stock is a favorite of investors. Whitehaven Coal (WHC: ASX) Whitehaven Coal started operations in 1999 and currently owns 5 mines in Australia. In 2011, the company also started operating trains. Besides that, the company also exports thermal and metallurgical coals. Amidst the ongoing shift to clean energy means, it seems perfectly fine. With a dividend yield of 9.6%, the WHC stock is undoubtedly a promising pick. BHP (BHP: ASX) With multiple feathers in the cap, BHP has always been a profitable stock. In terms of market capitalization, it was the world’s largest mining company till 2017. It deals with multiple metals, but its biggest profit generator is iron ore. Operating in different countries, it has built a solid reputation. Its dividend yield is 9.1%. GR Engineering Services (GNG: ASX) GR is a major engineering consulting and contracting company. It specializes in high-end designs and overarching construction services. It operates in over 20 nations and caters to mining and mineral processing industries. The company has been progressively moving ahead with streamlined operations and cutting-edge technology. Furthermore, it has delivered a dividend yield of 8.4%. Conclusion The stocks mentioned above have an excellent record of distributing dividends. They have mostly lived up to the expectations of the investors. Yet, traders must be wise before putting their money into any stock. Thus, they need to analyze the stocks’ performance themselves and then make a decision. However, these stocks have higher chances to perform well in Sep 2023. Source
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New Jersey, United States – The Webcast Market is the title of another report delivered by IBI. The paper goes through significant development techniques, drivers, potential open doors, key fragments, Porter’s Five Forces examination, and the cutthroat scene exhaustively. This exploration can assist with promoting players, and financial backers; VPs, partners, and new participants get a superior comprehension of the business and figure out what moves to make to acquire an upper hand.
The Worldwide Webcast market size is estimated to be worth USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a healthy CAGR during the review period. It also shows the importance of the Webcast market main players in the sector, including their business overviews, financial summaries, and SWOT assessments.
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The Major Players Covered in this Report: Netflix, Amazon Prime Video, Disney+, Tencent Video, Youku, HBO Max, YouTube Premium, Hulu, Paramount+, ALTBalaji, Apple TV+, Peacock, Iflix, Discovery+, Curiosity Stream, Showtime, ESPN
This study also covers company profiling, specifications and product picture, sales, market share, and contact information of various regional, international, and local vendors of Global Webcast Market. The market proposition is frequently developing ahead with the rise in scientific innovation and M&A activities in the industry. Additionally, many local and regional vendors are offering specific application products for varied end-users. The new merchant applicants in the market are finding it hard to compete with international vendors based on reliability, quality, and modernism in technology.
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The segments and sub-section of Webcast market is shown below:
The Study is segmented by the following Product/Service Type:
Sports
Music
Conferences
Ceremonies
Others
Major applications/end-users industry are as follows:
Mobile
Desktop
Regional Analysis for Global Webcast Market:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical year – 2017-2023E
Base year – 2022
Forecast period – 2023 to 2030
Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, a detailed analysis of the competitive landscape, and product services of key players.
Key takeaways from the Global Webcast market report:
Detailed consideration of Webcast market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
Comprehensive valuation of all prospects and threats in the
In-depth study of industry strategies for growth of the Webcast market-leading players.
Webcast market latest innovations and major procedures.
Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
Conclusive study about the growth conspiracy of Webcast market for forthcoming years.
Webcast Market Study guarantees you to remain/stay advised higher than your competition. With Structured tables and figures examining the Webcast, the research document provides you with a leading product, submarkets, revenue size, and forecast for 2030. Comparatively, it also classifies emerging as well as leaders in the industry.
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Detailed TOC of Webcast Market Research Report:
Webcast Introduction and Market Overview
Webcast Market, by Application
Webcast Industry Chain Analysis
Webcast Market, by Type
Industry Manufacture, Consumption, Export, Import by Regions (2017-2023E)
Industry Value by Region (2017-2023E)
Webcast Market Status and SWOT Analysis by Regions
Major Region of Webcast Market
Global Webcast Sales
Global Webcast Revenue & market share
Major Companies List
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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
#Automotive Catalytic Converter#Automotive Catalytic Converter Market#Automotive Catalytic Converter Market Size#Automotive Catalytic Converter Market Share#Automotive Catalytic Converter Market Analysis#Automotive Catalytic Converter Market Growth#Automotive Catalytic Converter Market Value
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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.
#Precious Metal Catalysts Market#Precious Metal Catalysts Market Growth#Precious Metal Catalysts Market Trends
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#Global Rhodium Market#Global Rhodium Industry#Global Rhodium Market Revenue#Global Rhodium Market Share#Global Rhodium Market Size#Global Rhodium Market Growth#Global Rhodium Market Trends#Global Rhodium Market Sales#Global Rhodium Market Demand#Global Rhodium Market Competition
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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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Since we are all created equal, what would equal carbon rights look like?
For any given target temperature stabilization there is a “carbon budget,” a fixed total amount of carbon dioxide (and equivalents) that can be emitted by everyone. The latest United Nations Emissions Gap Report [...] shows that to stay on track for an average global temperature rise of 1.5 degrees Celsius, the average emissions for each human on Earth needs to be 2.1 tons of carbon dioxide equivalents (tCO2e) per year, by 2030.
How much will different income groups need to change to get to their carbon “fair share”?
The world’s wealthy need cuts of over 90 percent of their carbon emissions, to get to their carbon fair share. [97% cut for the global top 1%; 91% cut for the global top 10%.] Most “middle class” Americans are in the global top 1 or 10 percent.
[...] Your market choices matter, mathematically and morally. Contrary to the conscience-clearing trope that personal consumption choices don’t really matter, the UN report says 70% of total global emissions emanate directly from personal purchasing decisions like diet and transportation.
One round-trip medium-haul flight burns 30% of an annual “fair share” (a long-haul, 90%). [...] Here, Covid-19 offers key lessons. We changed consumption instantly on a vast scale (way faster than we can make large political or technological changes happen). The pandemic led to a 10% drop in US carbon emissions in 2020, according to preliminary estimates by the Rhodium Group. We must hit that every year this decade to stabilize at 1.5°C. [...]
So what the hell can anyone do? The main answer for the majority of folks reading this is to cut your personal consumption, and to press for political and systemic changes to get off the “hedonic treadmill.” [...]. It’s critical to avoid mindless overconsumption. [...] Pursuit of happiness by unlimited consumption interferes with the right to life of others. These 18th-century rights to “life, liberty, and the pursuit of happiness” were developed under very different conditions. We now live in a world of material and moral limits.
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Saturday, March 6, 2021
U.S. birth rates plunged in 2020, a sure sign ‘things are not going well for a lot of people’ (The Week) As if we needed more evidence that the pandemic has been rough on everyone, experts say sinking U.S. birth rates point to widespread societal challenges, and could cause further complications later on. Data from 29 states showed a 7.3 percent drop in births in December 2020, nine months after the pandemic began in the U.S., CBS News reports. Birth rates have been declining for years, and its not surprising major economic disruption would cause a dip, but preliminary numbers suggest the pandemic has led to an especially notable drop—in the wake of the Great Recession, birth rates fell by 3 percent, CBS notes. University of Maryland sociologist Phil Cohen told CBS the “scale of this is really large,” and argued the decline “means things are not going well for a lot of people.” A column by two Brookings Institution economists in The New York Times outlines some of the struggles that have people postponing or avoiding expanding their families: a weak labor market, job and income loss, school closures, and fewer social activities, to name some.
The most desirable countries and cities for workers looking to relocate in 2021 (CNBC) Canada is now seen as the most desirable destination for overseas workers when it comes to choosing a country to relocate to, a global survey has found, knocking the U.S. off top spot. This is according to a poll of 209,000 people in 190 countries that aimed to find out whether and in what circumstances respondents would move to a foreign country for work. The survey was conducted between October and December 2020 by management consulting firm Boston Consulting Group and global recruitment alliance The Network. The authors of the report said the U.S. had been “hurt by an inconsistent pandemic response, the adoption of more nationalistic policies, and social unrest.” Meanwhile, they said Canada and Australia, which placed narrowly behind the U.S. as the third most desirable country for relocation, had both done a “far better job of pandemic management.” “They are also seen as having better social systems and more open cultures than the U.S.,” the authors added.
Texas Farmers Tally Up the Damage From a Winter Storm ‘Massacre’ (NYT) Texas farmers and ranchers have lost at least $600 million to the winter storm that struck the state last month, according to an assessment issued this week by economists at the Texas A&M AgriLife Extension Service. Damage and disruption from the bitter blast of cold and snow, which farmers are calling “the St. Valentine’s Day massacre,” is likely to cause some gaps on grocery shelves in the eastern part of the country and push prices higher. The storm also caused a severe shipping and processing bottleneck that continues to challenge the food-supply chain. Truck drivers were stuck for days waiting to load or unload produce. Processing plants had no power. Dairies were forced to dump 14 million gallons of milk, said Sid Miller, the Texas commissioner of agriculture. In a state that sells $25 billion worth of agricultural products each year and has more farms and ranches than any other, the damage is spread far and wide. The storm killed newborn calves, acres of newly planted watermelons and nearly the entire crop of Valencia oranges.
U.S. detained nearly 100,000 migrants at U.S.-Mexico border in February—sources (Reuters) U.S. border agents detained nearly 100,000 migrants at the U.S.-Mexico border in February, according to two people familiar with preliminary figures, the highest arrest total for the month of February since 2006. The figures, which have not been previously reported, show the scope of a growing surge of migrants arriving at the southwest border as U.S. President Joe Biden, a Democrat, seeks to roll back some of the restrictive policies of former President Donald Trump, a Republican. U.S. Border Patrol agents caught more than 4,500 migrants crossing the U.S.-Mexico border in a single day on Wednesday, according to government figures shared with Reuters, a sign that illegal entries could continue to rise in March.
Pope Francis flies to Baghdad, beginning the first-ever papal trip to Iraq (Washington Post) Pope Francis on Friday began the first-ever papal trip to Iraq, flying to a country with an extraordinary biblical history but that is also experiencing a serious coronavirus outbreak and ongoing political turmoil. Francis’s four-day visit is his first international trip since the start of the pandemic and marks a return to the globe-trotting diplomacy—especially to minority-Christian countries—that had been his hallmark. It amounts to a show of encouragement for a nation trying to recover from the chaos of a U.S.-led invasion and the brutality of the Islamic State, a group that once vowed to “conquer Rome.”
India’s farmer protests (Foreign Policy) Indian farmers are planning another major road blockade outside New Delhi on Saturday, as protests against agricultural laws reach their 100th day. “We believe that after these 100 days, our movement will put a moral pressure on the government to accede to our demands, because the weather will also worsen,” said Darshan Pal, a spokesperson for the farmer unions’ coalition. “It will weaken the government, which will have to sit down with us to talk again.” The protests have contributed to a significant decline in Indian soft power, Sumit Ganguly writes, as Narendra Modi’s BJP makes a “risky calculation” between domestic dominance and international condemnation.
China sets growth target ‘over 6%,’ tightening HK control (AP) China’s No. 2 leader set a healthy economic growth target Friday and vowed to make the nation self-reliant in technology amid tension with the U.S. and Europe over trade and human rights. Another official announced plans to tighten control over Hong Kong by reducing the public’s role in government. The ruling Communist Party aims for growth of “over 6%” as the world’s second-largest economy rebounds from the coronavirus, Premier Li Keqiang said in a speech to China’s ceremonial legislature. About 3,000 delegates gathered for its annual meeting, the year’s highest-profile political event, under intense security and anti-virus controls. It has been shortened from two weeks to one because of the pandemic. The party is shifting back to its longer-term goal of becoming a global competitor in telecoms, electric cars and other profitable technology. That is inflaming trade tension with Washington and Europe, which complain Beijing’s tactics violate its market-opening commitments and hurt foreign competitors.
People wasting almost 1bn tonnes of food a year, UN report reveals (The Guardian) People waste almost a billion tonnes of food a year, a UN report has revealed. It is the most comprehensive assessment to date and found waste was about double the previous best estimate. The food discarded in homes alone was 74kg per person each year on average around the world, the UN found. In the UK, which has some of the best data, the edible waste represents about eight meals per household each week. The UN report also includes data on food waste in restaurants and shops, with 17% of all food dumped. Some food is lost on farms and in supply chains as well, meaning that overall a third of food is never eaten. The researchers said nobody bought food with the intention of throwing it away and that small amounts discarded each day might seem insignificant. Therefore increasing people’s awareness of waste was key, they said.
What’s Catalyzing Catalytic Converter Thefts? (Washington Post) Rhodium is a metallic element used in an automobile’s catalytic converter. It’s unparalleled in its ability to remove the most toxic pollutants from vehicle exhaust. 80% of rhodium comes from South Africa, as a byproduct of that country’s platinum mining industry. Because rhodium is a byproduct of platinum, it’s only produced when mining platinum is profitable. A surplus of platinum has existed in South Africa for years, keeping prices so low there’s been no incentive to mine platinum, ergo rhodium isn’t being produced. At the same time demand for the metal has soared as countries in Europe, the Americas, and East Asia raise emission standards for new vehicles. The shortage has driven the price of rhodium to astronomical heights, currently 15 times more than the price of gold. But apparently not enough to restart platinum mining. And that explains why there’s been a huge rise in thefts of catalytic converters in the US in recent months. Thieves are taking a hacksaw to multitudes of tailpipes. Keep a close eye on your car’s exhaust pipe.
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Materials World’s top news story of 2019
As 2019 is drawing to a close, the Materials World team wanted to highlight a couple of stories to end the year on a high note. Today we will share the news story that got the most clicks on our website in 2019 and on Friday we will share the top feature. We hope you enjoy and Merry Christmas from the editorial team. RARE PRECIOUS METAL OSMIUM CHALLENGES THE DIAMOND INDUSTRY
By: Shardell Joseph
Osmium in crystal form has attracted attention from jewellers and is set to rival the global diamond industry. Shardell Joseph reports.
Image credit: Osmium Institute
At least a thousand times rarer than diamonds, the aesthetic of osmium has attracted attention among jewellers and watchmakers, and experts have predicted it will challenge the global diamond industry.
Co-mined with platinum, there are 2m of osmium minable on Earth, making the metal incredibly rare. The crystallisation imparts a unique lustre, resulting in a distinct blue-silver tint, which has been nicknamed ‘the sparkle’.
Due to its high level of toxicity as a raw material, the element was previously difficult to work with, so unpopular. It has only been available for a few years after a discovery in 2013 found that crystallising the metal rendered it harmless. Now, osmium is providing opportunities for investors and possibilities for premium jewellery designs.
The Osmium Institute in Germany is globally marketing the metal in anticipation of it rivalling the diamond industry. Osmium Institute Director, Ingo Wolf, said it had been almost unavailable for three years. There were efforts in the Osmium Institute globally to negotiate individual customs agreements with individual states. He said that deals with the USA required two years, while the Australia agreements were reached quite quickly.
‘At the same time, new shapes were prepared for the jewellery market, which can serve as semi-finished products,’ Wolf said. ‘The current growth is about 100% per month. However, after a hot phase, this curve will also drop back to a more normal level if growth continues. Nonetheless, 100% per year is absolutely probable for a few years from next year.’
Osmium as a jewellery commodity is still a long way away from the value of diamond. According to Wolf, for every 0.2g, diamonds are currently valued at approximately €8,000 per carat, whereas osmium is valued at €210. However, it is highly likely the value will spike along with the demand due to the expected exponential growth of the metal.
‘Competition of cheap diamonds with Swarovski and other fiscal developments will pave the way for metals with surfaces that exceed the diamond’s radiant power,’ Wolf said.
‘The sparkle’ metal
Most commonly produced in South Africa, Canada and Russia, osmium is one of seven metals considered precious – platinum, gold, silver, palladium, iridium, rhodium and ruthenium. Among these precious metals, osmium is the rarest with the highest density. It exceeds the compression and abrasion resistance of a diamond. When osmium is cooled, it becomes a superconductor, with the capacity to transport electricity without loss.
Usually used as an alloying agent with uridium platinum and other platinum group metals, the material can be found in fountain pens and medical devices. Some compounds are used for fingerprint detection. Osmium has been used in research development as a catalyst in the process for making ammonia from combined hydrogen and nitrogen.
But handling and storing the metal is critical as its raw powdered form, called osmium sponge, is considered extremely toxic. The powder tends to form osmium tetroxide, which is a health hazard, restricting trade of the metal between private parties.
This situation changed when it was discovered in 2013 that osmium could be crystallised and therefore detoxified. This process changes the crystal structure of osmium and hugely limits its chemical reactivity. In its unreactive crystalline form, osmium behaves even more nobly than other precious metals.
Because osmium can be crystallised in two or three-dimensional forms, osmium interests jewellers. Because of its rarity - only 30g of osmium found in 10,000t of platinum ore - its popularity among investors is expected to spike.
Among the reasons for investors to be interested in the crystallisation of osmium over diamonds are the ethical considerations.
Osmium demands very high ethical standards for sourcing the raw material. This is because the ore housing it comes from mines that supply platinum for automotive catalysts. These companies would have aready undergone a comprehensive programme to ensure compliance with strict ethical and sustainability standards. Thus investors are likely to be attracted by the guilt-free component of osmium.
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Emission Control Catalyst Market Report Covers Detailed Industry Scope, Future Scenario and Elaborates Outlook to 2031
According to ESOMAR-certified consulting firm Future Market Insights’ (FMI), the global emission control catalyst market is projected to rise at above 10% CAGR, surpassing the market valuation of US$ 20.06 Bn during the forecast period 2021-2031.
As per Future Market Insights (FMI) analysis, the global emission control catalyst market is anticipated to expand at a 6.50% compound annual growth rate (CAGR) during the forecast period 2021-2031. The market valuation is projected to exceed US$ 8,070 Mn by 2031, registering the sales of 23,22,736 tons of emission control catalysts in 2021.
Expansion of the automotive industry, coupled with implementation of stringent government regulations regarding toxic gas emissions from vehicles and industries, is bolstering the demand for emission control catalysts.
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Increasing adoption of energy and fuel-efficient vehicles in developed regions such as the U.S., Germany and the U.K. will further boost the market growth in the upcoming decade.
The rising demand for lightweight passenger vehicles in developing regions such as China, Japan, India and Brazil will provide lucrative opportunities to the manufacturers operating in the market.
Key Takeaways from FMI’s Emission Control Catalyst Market Study
Palladium-based catalyst will dominate the product segment throughout the forecast period.
Demand in mobile equipment is anticipated to rise at a higher pace.
The U.S. will showcase high demand for emission control systems due to rising automobile sales.
The U.K. will emerge as a leading emission control catalyst market owing to implementation of stringent regulations and the presence of leading players.
Rising population and increasing adoption of new-energy vehicles across the country will bolster sales in China.
South Korea and Japan will account for approximately 7.50% of the total market share.
“Growing consumer preference towards energy-efficient vehicles, coupled with stringent government regulation regarding emissions will fuel the growth,” says the FMI analyst.
Competitive Landscape
Johnson Matthey, BASF SE, Haldor topsoe, Umicore, Corning Inc., Clariant AG, Zeolyst International, Heraeus Holding, Solvay SA, Cormetech, NGK Insulators Ltd., Aristo Global, Nett Technologies Inc. are some key players operating in the emission control catalyst market.
As per FMI’s analysis, key players are focusing on thorough research and development to enhance and expand their product portfolio.
Major players are also establishing tie-ups and targeting mergers and acquisitions with regional players for the expansion of their company, along with innovations in design and efficiency of their product range. For instance
In March 2019, Johnson Matthey launched a newly developed automatically regenerating Active DPF diesel particulate filter (DPF) system for stationary diesel engines, adding to the company’s robust portfolio.
In December 2018, the BASF SE opened a new site in Pudong, Shanghai, China for the product of its mobile emission catalysts, expanding the facility by more than 30,000 square meter to support the increased production.
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Emission Control Catalyst Market by Category
By Product Type
Diesel Based Emission Catalyst
Diesel Oxidation Catalyst (DOC)
Selective Catalytic Reduction Catalyst (SCR)
Catalyzed Soot Filter/ Diesel Particulate Filter
Ammonia Oxidation Catalyst (AMX)
NOx Adsorbers
Gasoline Based Emission Catalyst
Palladium based catalyst
Rhodium based catalyst
Platinum based catalyst
By Application
Mobile Equipment
Heavy-Duty Vehicles
Off-Road Vehicles
Passenger Cars & Light Duty Vehicles
Motorcycles, Scooters and Three Wheelers
Gardening Equipment
Stationary Equipment
Industrial Engines
Generators
Off-Road Equipment
By End Use
OEM
Retrofit
By Pollutant Type
Nox
CO
Hydrocarbons or Volatile Organic Compounds –
(HC/VOC)
HAPs
DPM (Diesel Particulate Matter)
NH3 (Ammonia)
By Region
North America
Latin America
Western Europe
Eastern Europe
China
Japan
India
South East Asia Pacific
MEA
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Key Points Covered in Emission Control Catalyst Market Survey
Market estimates and forecast 2021-2031
Key drivers and restraints impacting market growth
Segment-wise, Country-wise, and Region-wise Analysis
Competition Mapping and Benchmarking
Brand share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Emission Control Catalyst Market market and how to Navigate
Recommendation on Key Winning Strategies
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Electric Bike Market : FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027).
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Future Market Insights Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A, Jumeirah Lakes Towers, Dubai, United Arab Emirates MARKET ACCESS DMCC Initiative For Sales Enquiries: [email protected] For Media Enquiries: [email protected] Website: https://www.futuremarketinsights.com Report: https://www.futuremarketinsights.com/reports/global-emission-control-catalyst-market Press Release Source: https://www.futuremarketinsights.com/press-release/global-emission-control-catalyst-market
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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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