Home > Chemicals & Materials > Advanced Materials > Functional Materials > Catalyst Carriers Market

Catalyst Carriers Market Size

  • Report ID: GMI8146
  • Published Date: Feb 2024
  • Report Format: PDF

Catalyst Carriers Market Size

Catalyst Carriers Market was valued at around USD 355.1 million in 2023 and is anticipated to register a CAGR of over 4.8% between 2024 and 2032.


As catalysts play a crucial role in enhancing the efficiency of chemical processes, industries such as petrochemicals, refineries, and environmental management are increasingly adopting catalyst carriers to optimize catalytic reactions. The rising demand for cleaner energy sources, coupled with the need for efficient chemical manufacturing processes, is propelling the market forward. Additionally, advancements in catalyst technology and the quest for improved catalyst support systems are fueling the demand for innovative and high-performance carrier materials, contributing to the overall growth of the catalyst carriers industry. Thus, the market is expected to attain a market value of USD 542.1 million by 2032.

As a substantial consumer of catalysts, the oil and gas sector significantly influences the demand for catalyst carriers. Economic uncertainties, geopolitical events, and volatile oil prices can result in abrupt changes in exploration and production activities, directly impacting the demand for catalysts and, consequently, their carriers. The cyclicality of the oil and gas industry introduces inherent risks for the catalyst carriers industry, making it vulnerable to downturns and unpredictable market conditions. Diversification strategies and the development of catalyst carriers for emerging sectors may be essential for market resilience and mitigating the impact of oil and gas industry fluctuations.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for catalyst carriers was worth around USD 355 million in 2023 and is anticipated to expand at 4.8% CAGR between 2024 and 2032 driven by the surging demand for cleaner energy sources and the need for efficient chemical manufacturing processes.

Catalyst carriers industry from the ceramics segment generated USD 160 million in 2023 and is estimated to witness high demand through 2032 owing to its high surface area, thermal stability, and mechanical strength of ceramic materials which makes them well-suited for catalyst support applications.

North America industry for catalyst carriers was worth USD 123 million in 2023 and is set to exhibit considerable growth between 2024 and 2032 owing to the robust presence of key industries such as oil and gas, chemical manufacturing, and automotive, coupled with the increasing emphasis on sustainable practices.

Some of the leading firms engaged in the catalyst carriers are Corning Incorporated, Albemarle Corporation, Clariant AG, Axens, BASF SE, Evonik Industries AG, Johnson Matthey Plc, Mitsubishi Chemical Corporation, PQ Corporation, Saint-Gobain S.A., and Süd-Chemie AG

Catalyst Carriers Market Scope

Buy Now

Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 230
  • Countries covered: 22
  • Pages: 320
 Download Free Sample