Precious Metal Catalysts Market Size, Share, and Trends 2024 to 2034

The global precious metal catalysts market size is calculated at USD 60.77 billion in 2025 and is forecasted to reach around USD 143.21 billion by 2034, accelerating at a CAGR of 10.01% from 2025 to 2034. The Asia Pacific market size surpassed USD 21.52 billion in 2024 and is expanding at a CAGR of 10.15% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 4189
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Precious Metal Catalysts Market 

5.1. COVID-19 Landscape: Precious Metal Catalysts Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Precious Metal Catalysts Market, By Component

8.1. Precious Metal Catalysts Market Revenue and Volume Forecast, by Component

8.1.1. Palladium

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Platinum

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Rhodium

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Iridium

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Ruthenium

8.1.5.1. Market Revenue and Volume Forecast

Chapter 9. Global Precious Metal Catalysts Market, By State

9.1. Precious Metal Catalysts Market Revenue and Volume Forecast, by State

9.1.1. Solid

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Granules

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Powder

9.1.3.1. Market Revenue and Volume Forecast

Chapter 10. Global Precious Metal Catalysts Market, By Grade 

10.1. Precious Metal Catalysts Market Revenue and Volume Forecast, by Grade

10.1.1. Industrial

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Technical

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Reagent

10.1.3.1. Market Revenue and Volume Forecast

Chapter 11. Global Precious Metal Catalysts Market, By Application 

11.1. Precious Metal Catalysts Market Revenue and Volume Forecast, by Application

11.1.1. Refinery applications

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Reforming

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Bulk chemicals

11.1.3.1. Market Revenue and Volume Forecast

11.1.4. Polymer

11.1.4.1. Market Revenue and Volume Forecast

11.1.5. Synthetic fibre

11.1.5.1. Market Revenue and Volume Forecast

11.1.6. Gas production and purification

11.1.6.1. Market Revenue and Volume Forecast

11.1.7. Specialty chemicals

11.1.7.1. Market Revenue and Volume Forecast

11.1.8. Food industry

11.1.8.1. Market Revenue and Volume Forecast

11.1.9. Automotive

11.1.9.1. Market Revenue and Volume Forecast

11.1.10. Others

11.1.10.1. Market Revenue and Volume Forecast

Chapter 12. Global Precious Metal Catalysts Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Component

12.1.2. Market Revenue and Volume Forecast, by State

12.1.3. Market Revenue and Volume Forecast, by Grade

12.1.4. Market Revenue and Volume Forecast, by Application

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Component

12.1.5.2. Market Revenue and Volume Forecast, by State

12.1.5.3. Market Revenue and Volume Forecast, by Grade

12.1.5.4. Market Revenue and Volume Forecast, by Application

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Component

12.1.6.2. Market Revenue and Volume Forecast, by State

12.1.6.3. Market Revenue and Volume Forecast, by Grade

12.1.6.4. Market Revenue and Volume Forecast, by Application

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Component

12.2.2. Market Revenue and Volume Forecast, by State

12.2.3. Market Revenue and Volume Forecast, by Grade

12.2.4. Market Revenue and Volume Forecast, by Application

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Component

12.2.5.2. Market Revenue and Volume Forecast, by State

12.2.5.3. Market Revenue and Volume Forecast, by Grade

12.2.5.4. Market Revenue and Volume Forecast, by Application

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Component

12.2.6.2. Market Revenue and Volume Forecast, by State

12.2.6.3. Market Revenue and Volume Forecast, by Grade

12.2.6.4. Market Revenue and Volume Forecast, by Application

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Component

12.2.7.2. Market Revenue and Volume Forecast, by State

12.2.7.3. Market Revenue and Volume Forecast, by Grade

12.2.7.4. Market Revenue and Volume Forecast, by Application

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Component

12.2.8.2. Market Revenue and Volume Forecast, by State

12.2.8.3. Market Revenue and Volume Forecast, by Grade

12.2.8.4. Market Revenue and Volume Forecast, by Application

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Component

12.3.2. Market Revenue and Volume Forecast, by State

12.3.3. Market Revenue and Volume Forecast, by Grade

12.3.4. Market Revenue and Volume Forecast, by Application

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Component

12.3.5.2. Market Revenue and Volume Forecast, by State

12.3.5.3. Market Revenue and Volume Forecast, by Grade

12.3.5.4. Market Revenue and Volume Forecast, by Application

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Component

12.3.6.2. Market Revenue and Volume Forecast, by State

12.3.6.3. Market Revenue and Volume Forecast, by Grade

12.3.6.4. Market Revenue and Volume Forecast, by Application

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Component

12.3.7.2. Market Revenue and Volume Forecast, by State

12.3.7.3. Market Revenue and Volume Forecast, by Grade

12.3.7.4. Market Revenue and Volume Forecast, by Application

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Component

12.3.8.2. Market Revenue and Volume Forecast, by State

12.3.8.3. Market Revenue and Volume Forecast, by Grade

12.3.8.4. Market Revenue and Volume Forecast, by Application

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Component

12.4.2. Market Revenue and Volume Forecast, by State

12.4.3. Market Revenue and Volume Forecast, by Grade

12.4.4. Market Revenue and Volume Forecast, by Application

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Component

12.4.5.2. Market Revenue and Volume Forecast, by State

12.4.5.3. Market Revenue and Volume Forecast, by Grade

12.4.5.4. Market Revenue and Volume Forecast, by Application

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Component

12.4.6.2. Market Revenue and Volume Forecast, by State

12.4.6.3. Market Revenue and Volume Forecast, by Grade

12.4.6.4. Market Revenue and Volume Forecast, by Application

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Component

12.4.7.2. Market Revenue and Volume Forecast, by State

12.4.7.3. Market Revenue and Volume Forecast, by Grade

12.4.7.4. Market Revenue and Volume Forecast, by Application

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Component

12.4.8.2. Market Revenue and Volume Forecast, by State

12.4.8.3. Market Revenue and Volume Forecast, by Grade

12.4.8.4. Market Revenue and Volume Forecast, by Application

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Component

12.5.2. Market Revenue and Volume Forecast, by State

12.5.3. Market Revenue and Volume Forecast, by Grade

12.5.4. Market Revenue and Volume Forecast, by Application

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Component

12.5.5.2. Market Revenue and Volume Forecast, by State

12.5.5.3. Market Revenue and Volume Forecast, by Grade

12.5.5.4. Market Revenue and Volume Forecast, by Application

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Component

12.5.6.2. Market Revenue and Volume Forecast, by State

12.5.6.3. Market Revenue and Volume Forecast, by Grade

12.5.6.4. Market Revenue and Volume Forecast, by Application

Chapter 13. Company Profiles

13.1. Alfa Chemistry

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. American elements

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. BASF SE

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Cataler Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. CHIMET

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Clariant

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Evonik

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Heraeus Holding

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Johnson Matthey

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. N.E. CHEMCAT

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The global precious metal catalysts market size is expected to increase USD 143.21 billion by 2034 from USD 55.17 billion in 2024.

The global precious metal catalysts market will register a growth rate of 10.01% between 2025 and 2034.

The major players operating in the precious metal catalysts market are Alfa Chemistry, American elements, BASF SE, Cataler Corporation, CHIMET, Clariant, Evonik, Heraeus Holding, Johnson Matthey, N.E. CHEMCAT, NIPPON SHOKUBAI Co. Ltd., TANAKA Holdings Co. Ltd., Umicore, and Other.

The driving factors of the precious metal catalysts market are the increasing demand for high-performance catalysts and the longer lifespan of precious metal catalysts translates into cost savings for industries, reducing the frequency of replacement and maintenance.

Asia Pacific region will lead the global precious metal catalysts market during the forecast period 2025 to 2034.

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