Global Catalyst Fertilizers Market Research Report

The findings reviewed by GME stated that the Global Catalyst Fertilizers Market will expand with a CAGR value of 2.8 percent by 2026. A catalyst fertilizer is highly in demand because it helps to upsurge the crop's productivity, which is boosting its demand. They offer sustainable agricultural benefits to growers, farmers, consumers, and the environment on the whole. The rising demand for food due to the steeply growing population is an important factor positively inducing the market for catalyst fertilizers. The growing installation of ammonia plants and technological advancements across the globe has caused a surge in demand. Various protocols laid down by the governments for pollution control have given rise to the increase in catalyst fertilizers' adoption, thus leading to a spur in the market.

Browse 153 Market Data Tables and 113 Figures spread through 183 Pages and in-depth TOC on "Global Catalyst Fertilizers Market - Forecast to 2026"

https://www.globalmarketestimates.com/market-report/global-catalyst-fertilizers-market-3163

By Fertilizer Application (Nitrogenous fertilizers, Phosphatic fertilizers), By Metal Group (Base metals [Iron, Nickel, Vanadium, Other base metals], Precious metals [Platinum, Rhodium, Other precious metals]), By Fertilizer Production Process (Haber-Bosch Process, Contact Process, Other Processes), By Region (North America, Asia Pacific, Europe, Latin America, Middle East & Africa); End-User Landscape, Company Market Share Analysis, and Competitor Analysis

Key Market Insights

Catalyst is used in over 60% of all consumer and commercial products, including fertilizer, batteries, polymers, and pharmaceuticals.
The expansion of the agricultural industry is a crucial factor strengthening the catalyst fertilizers market’s growth.
The demand for Haber-Bosch process catalyst fertilizers is increasing as the chemical industry develops
Fertilizer catalyst demand is expected to be driven by the presence of large-scale urea and ammonia manufacturing plants in China, as well as considerable capital investments in countries like India, and Vietnam, among others
HaldorTopsoe (Denmark), QuantumSphere Inc. (US), N.E.Chemcat (Japan), Oham Industries (India), Quality Magnetite (US), DowDuPont (US), Clariant International (Switzerland), Johnson Matthey (UK), Project & Development India Ltd. (India), LKAB Minerals (Sweden), among others, are some of the key market players.
In December 2020, Johnson Matthey and ThyssenKrupp have renewed their agreement for world-class ammonia manufacturing.

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Fertilizer Application Outlook (Revenue, USD Billion, 2021-2026)

·Nitrogenous fertilizers