Catalyst Carrier Industry Analysis in South Asia & Oceania
Study on Catalyst Carriers in South Asia & Oceania by Ceramics, Activated Carbon, and Zeolites for Chemicals, Oil & Gas, Automotive, Pharmaceuticals, and Agrochemicals from 2024 to 2034
Analysis of Catalyst Carriers Covering Countries Includes Analysis of India, Australia, New Zealand, ASEAN and Rest of South Asia & Oceania
Catalyst Carrier Sales Outlook for South Asia & Oceania (2024 to 2034)
Catalyst carrier sales in South Asia & Oceania are set to reach US$ 51.5 million in 2024 and increase at 3.6% CAGR over the next ten years (2024 to 2034). The market in South Asia & Oceania is predicted to end up at a valuation of US$ 82.5 million by 2034.
Catalyst carriers are essential for the execution and completion of any catalytic reaction, which is why they are crucial for the functioning of several industry verticals. Increasing investments in industrialization are projected to primarily augment demand for catalyst carriers in South Asia & Oceania over the coming years. High demand for petroleum products and the imposition of stringent mandates on the petroleum industry to reduce pollution are also forecasted to aid sales of catalyst carriers in this region going forward.
Rising focus on R&D of new catalysts, rapid expansion of the manufacturing industry, and growing sales of vehicles are other factors that could contribute to increasing catalyst carrier demand in South Asia & Oceania through 2034. Syngas catalysts, diesel oxidation catalysts, and selective catalytic reduction (SCR) catalysts are projected to be high in demand in this region.
- Sales of catalyst carriers in South Asia & Oceania for the pharmaceutical industry are projected to increase at 4% CAGR over the next ten years.
| Report Attributes | Details |
|---|---|
| Catalyst Carrier Sales in South Asia & Oceania (2024E) | US$ 51.5 Million |
| Projected Sales (2034F) | US$ 82.5 Million |
| Demand Growth (2024 to 2034) | 3.6% CAGR |
| Sales in Rest of South Asia & Oceania (2024E) | US$ 2.9 Million |
| Demand Growth in New Zealand (2024 to 2034) | 3% CAGR |
| Activated Carbon Catalyst Carrier Sales (2024E) | US$ 8 Million |
| Market Share of Chemicals Segment (2024E) | 36.3% |
| Sales in Australia (2024E) | US$ 1.8 Million |
| Key Companies Profiled |
|
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Which Market Trend is Set to Boost Catalyst Carrier Sales in South Asia & Oceania?
“Growing Focus on Sustainability across the Region”
Countries in South Asia & Oceania have become more aware of the sustainability change since the climate change threat has become more imminent than ever before. Efforts to reduce pollution from industrial facilities call for the use of catalysts to improve the efficiency of industrial processes and this is what is projected to offer highly attractive business opportunities for catalyst carrier companies going forward. The imposition of strict regulations to control pollution and promote sustainability by governments of countries in South Asia & Oceania is also forecasted to boost catalyst carrier demand through 2034.
Find more details of growth-augmenting factors such as local supply, pricing trends, product standards, safety regulations, and new developments in this research study on catalyst carriers by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
Country-wise Insights
India, Australia, Malaysia, Thailand, and Indonesia are projected to emerge as the most opportune spaces for catalyst carrier distributors in the South Asia & Oceania region going forward.
Why is India an Opportune Market for Catalyst Carrier Companies?
“Growing Chemical Manufacturing Activity in India”
| Report Attributes | India |
|---|---|
| Market Value (2024E) | US$ 28.8 Million |
| Growth Rate (2024 to 2034) | 3.7% CAGR |
| Projected Value (2034F) | US$ 41.7 Million |
Industrialization in India has been increasing at a rapid pace and this trend is projected to bolster sales of catalyst carriers over the coming years. Supportive government initiatives and the high availability of cheap labor and raw materials have contributed to the expanding chemical manufacturing activity in the country, which is projected to uplift catalyst carrier demand going forward.
Growing adoption of advanced industrial processes requiring catalysts and increasing focus on sustainability are also estimated to contribute to high catalyst carrier sales in India through 2034. High demand for petroleum products is also set to create new opportunities for catalyst carrier suppliers in the country across the study period and beyond.
Will ASEAN Countries be Investment-worthy Markets?
“Increasing Refining Capacity Promoting Demand for Catalysts”
| Report Attributes | ASEAN |
|---|---|
| Market Value (2024E) | US$ 16.7 Million |
| Growth Rate (2024 to 2034) | 3.5% CAGR |
| Projected Value (2034F) | US$ 23.7 Million |
ASEAN countries have a petrochemical industry that is expanding at a good pace and this is projected to boost catalyst carrier demand in these countries. Increasing efforts of ASEAN countries to their refining capacity by optimization of different processes in the industry will call for more catalysts and subsequently favor catalyst carrier demand as well.
High focus on the diversification of the chemical industry is another factor that is estimated to hold sway over catalyst carrier sales in ASEAN countries. Thailand, Malaysia, Singapore, and Indonesia are projected to be key countries for catalyst carrier manufacturers in the future.
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Category-wise Insights
Catalyst carrier manufacturers in South Asia & Oceania are focusing on maximizing their revenue by supplying ceramic catalyst carriers in spherical form.
Which Shape is Preferred in Catalyst Carriers?
“Sphere Catalyst Carriers Account for Higher Sales Revenue”
| Attribute | Sphere |
|---|---|
| Segment Value (2024E) | US$ 18.2 Million |
| Growth Rate (2024 to 2034) | 3.8% CAGR |
| Projected Value (2034F) | US$ 26.6 Million |
Catalyst carriers that have a spherical shape find a wider scope of application in different industry verticals owing to their structure that offers a wider surface area to speed up the catalysis reaction. They also have pores on their surface that allow them to have a much larger surface area as compared to other shapes. Moreover, better corrosion as well as electrical resistance, and high stiffness with low weight also allow spherical catalyst carriers to hold a significant share in South Asia & Oceania.
Which Type of Catalyst Carriers are Most Extensively Used in SAO?
“Ceramic Catalyst Carriers Account for More than Half of All Catalyst Carrier Sales”
| Attribute | Ceramics |
|---|---|
| Segment Value (2024E) | US$ 34.6 Million |
| Growth Rate (2024 to 2034) | 3.8% CAGR |
| Projected Value (2034F) | US$ 50.5 Million |
Ceramic catalyst carriers are extensively used in most industry verticals in the South Asia & Oceania region, which is why their demand is projected to be quite high over the coming years as well. High use in the petroleum industry allows ceramic catalyst carriers to hold a significant share in this region.
Growing use of ceramic catalyst carriers in various chemical processes is also predicted to create new opportunities in this segment going forward. Whereas, demand for zeolites and activated carbon as catalyst carriers is also projected to increase steadily in South Asia & Oceania in the future.
Analyst’s Opinion
Catalyst carrier manufacturers should focus on benefitting from supportive government initiatives and incentives to maximize their reach in South Asia & Oceania going forward. Catalyst carrier companies should focus their efforts on countries such as Indonesia, India, Thailand, and Malaysia to make the most of their investments in the long run.
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Segmentation of Catalyst Carrier Study in South Asia & Oceania
-
By Type:
- Ceramics
- Activated Carbon
- Zeolites
- Others
-
By Shape:
- Sphere
- Extrudate
- Powder
- Honeycomb
- Others
-
By Surface Area:
- Low (0 to 10 m2/g)
- Intermediate (11 to 120 m2/g)
- High (>120 m2/g)
-
By Pore Volume:
- 0 to 0.3 cm3/g
- 0.4 to 0.7 cm3/g
- >0.7 cm3/g
-
By End-use Industry:
- Chemicals
- Petrochemicals
- Oil & Gas
- Automotive
- Pharmaceuticals
- Agrochemicals
- Others
-
By Country:
- India
- Australia
- New Zealand
- ASEAN
- Rest of South Asia & Oceania
- FAQs -
How much is catalyst carrier sales revenue in South Asia & Oceania?
Catalyst carrier demand in South Asia & Oceania is projected to bring in US$ 51.5 million in revenue in 2024.
What is the predicted valuation for the SAO market by 2034?
Sales of catalyst carriers are projected to reach US$ 82.5 million by the end of 2034.
At what CAGR will catalyst carrier sales rise in SAO?
The market in South Asia & Oceania is predicted to increase at 3.6% CAGR from 2024 to 2034.
Which country leads catalyst carrier sales in SAO?
Catalyst carrier sales in India are forecasted to rise at 3.7% CAGR over the next ten years.
Demand for which type of catalyst carrier is high?
Ceramic catalyst carriers are projected to account for more than 60% of sales revenue in South Asia & Oceania.
Who are the top manufacturers of catalyst carriers?
Ceram Tec, Oxide (India) Private Limited, Swambe Chemicals, Sorbead India, and JSK Industrial Supply are key catalyst carrier companies.
Catalyst Carrier Industry Analysis in South Asia & Oceania