Catalyst Fertilizers Market by Fertilizer Production Process (Haber-Bosch Process, Contact Process), Metal Group (Base Metals, Precious Metals), Fertilizer Application (Nitrogenous, Phosphatic), and Region - Global Forecast to 2023
|出版日||ページ情報||英文 134 Pages
|肥料用触媒の世界市場予測 2023年：ハーバーボッシュ法・接触式製造法・ベースメタル・貴金属・窒素肥料・リン酸肥料 Catalyst Fertilizers Market by Fertilizer Production Process (Haber-Bosch Process, Contact Process), Metal Group (Base Metals, Precious Metals), Fertilizer Application (Nitrogenous, Phosphatic), and Region - Global Forecast to 2023|
|出版日: 2019年02月15日||ページ情報: 英文 134 Pages||
肥料用触媒市場は2018年の23億米ドルから2023年までに25億米ドルの規模に達すると予測され、予測期間中は2.36%のCAGR (年間複合成長率) が見込まれています。肥料用触媒市場は、アンモニア・リン酸肥料に対する世界的な需要の増大、およびアンモニア製造施設における改質触媒へのニーズの高まりといった様々な要因に促進されています。しかし、触媒関連の交換期間が長いことは、世界市場の成長を妨げる可能性があります。
The catalyst fertilizers market is projected to reach USD 2.5 billion by 2023, from USD 2.3 billion in 2018, at a CAGR of 2.36%. The catalyst fertilizers market is driven by various factors such as increasing demand for ammonia and phosphate fertilizers across the globe and increasing need for reforming catalysts in ammonia production facilities. However, the long replacement period associated with catalysts may hinder the growth of the market on a global level.
With the improving economic conditions of Asian countries, the adoption rate of innovative ammonia production processes with efficient emission control system remains high. Though the fertilizer production process is majorly concentrated in countries such as China, India, and Indonesia, the rising demand for urea and ammonia fertilizers in other developing economies has boosted the need for production units in Asian and African countries. This is projected to enhance the growth opportunity for the Haber-Bosch ammonia synthesis process during the forecast period.
According to the FAOSTAT, nitrogen is the most produced nutrient across the globe, occupying over 52% of the total fertilizers produced in 2016, and iron is the most widely used catalyst for ammonia production. Also, sulfuric acid production is highly dependent on vanadium for its catalytic activity. Iron catalysts are available at a low cost of approximately USD 900-1,000 per ton, according to industry experts, which is almost 10-20 times cheaper than precious metals such as platinum and palladium. Hence, base metals are majorly preferred among fertilizer manufacturers for their production processes.
The demand for fertilizer catalysts is primarily driven by the increasing production of fertilizers, particularly in countries such as China, India, the US, and Russia. These countries are the largest producers of ammonia. The Asia Pacific region dominated the global fertilizer catalysts market in 2017 due to the presence of major producers of ammonia-based fertilizers in China, India, and Indonesia. Additionally, China is one of the largest exporters of phosphate fertilizers, which implies that higher the production of phosphate fertilizers, higher would be the need for the adoption of catalysts during the production process.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the catalyst fertilizers marketplace.
The breakdown of the primaries on the basis of company type, designation, and region conducted during the research study is as follows:
Others include: sales managers, marketing managers, and product managers.
Note: Tier 1: Revenue > USD 1 billion; Tier 2: USD 100 million ≤ Revenue ≤ USD 1 billion; Tier 3: Revenue < USD 100 million
Multiple companies are major suppliers of catalysts in more than one industry, and hence, the end-use applications for their products are not mentioned. Hence, the scope of this report includes a detailed study of only those catalyst manufacturers whose portfolio mentions the end use as fertilizers. Major players such as Clariant International (Switzerland), DowDuPont (US), Project & Development India Ltd. (India), Johnson Matthey (UK), and Haldor Topsoe (Denmark) have been included in this report.
The report analyzes the catalyst fertilizers market across different fertilizer applications and regions. It aims at estimating the market size and growth potential of this market across different segments, such as fertilizer production process, metal group, fertilizer application, and region. Furthermore, the report includes an in-depth competitive analysis of key players in the market, along with their company profiles, recent developments, and key market strategies.
The report will help market leaders/new entrants in this market by providing them the closest approximations of revenue numbers for the overall catalyst fertilizers market and its subsegments. This report will help stakeholders to better understand the competitor landscape, gain more insights to position their businesses better, and devise suitable go-to-market strategies. This report will also help stakeholders to understand the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.
*Details on Business overview, Products offered, Recent developments, SWOT analysis & MnM View might not be captured in case of unlisted companies.