Catalyst Fertilizer Market Research Report, Analysis, Share, Size, Trend, Challenges by 2023


Posted April 1, 2019 by Market_123

Based on region, the global catalyst fertilizer market has been segmented into the Europe, Middle East & Africa, Latin America,

 
Based on region, the global catalyst fertilizer market has been segmented into the Europe, Middle East & Africa, Latin America, Asia-Pacific and North America. Asia-Pacific accounted for the largest market share for global catalyst fertilizer market in the year 2017 and is projected to grow at the healthy CAGR of 4.89% during the review period. In Asia-Pacific region, China, Indonesia, India, Thailand and South Korea are the major contributors to the growth of the market. Among countries in Asia-Pacific region, largest producer and consumer of catalyst fertilizer is China. This is mainly attributed to the high demand for fertilizer and expansion of production facilities among the region. Taking in to account, the China catalyst fertilizer market, it is estimated to account for approximately 40% of the global revenue by 2023. India is closely followed by China which accounted for second largest market share in in Asia-Pacific region. India is projected to grow at highest CAGR in Asia Pacific region during the review period on account of the rapid industrialization, technological advancements in reducing emission and increasing awareness of catalyst fertilizer among fertilizer manufacturers in the country. Moreover, government support through subsidies for high production of fertilizer are also expected to boost the market growth.

Europe region is projected to witness substantial growth owing to high production of ammonia in countries like UK and Russia. Russia is the largest exporting in ammonia fertilizer, which implies higher amount of catalyst fertilizer during the review period. North America accounted for 19.6% of market share in 2017. Supportive government policies for sustainable agriculture practices and reduce emission from ammonia plants along with development of efficient fertilizer production technology are likely to drive the product demand in North America region.

The market in the Latin America and Middle East & Africa region is at nascent stage, however it is expected to grow at positive CAGR in the coming years. Countries like Saudi Arabia, South Africa, Turkey and Israel are major countries contributing to market growth in this region.

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Segmentation

The global catalyst fertilizer market has been segmented on the basis of manufacturing process, metal group, application and region.

Based on manufacturing process, the market is segregated as contact process, Haber-Bosch process, others.
On the basis of metal group, the global catalyst fertilizer market is segmented as base metal and precious metals.

Based on application, the global catalyst fertilizer market has been segregated into nitrogenous fertilizer and phosphatic fertilizer.

The global catalyst fertilizer market has been studied with respect to five regions— the Middle East & Africa, Asia-Pacific, Latin America, North America and Europe.

Top 10 Leading Companies:

 Johnson Matthey
 N.E. Chemcat
 LKAB Minerals AB
 Clariant
 QuantumSphere, Inc.
 DowDuPont
 Oham Industries
 Haldor Topsoe
 Project & Development India Ltd.
 Quality Magnetite

Intended Audience

• Catalyst fertilizer manufacturers
• Fertilizer manufacturers
• Traders and distributors of catalyst fertilizer
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratories

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Country India
Categories Biotech , Business
Tags catalyst fertilizer market
Last Updated April 1, 2019