Global demand for supported catalysts is forecast to expand 2.1% p.a. between 2015 and 2019. China, Germany, Jordan, Morocco and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global supported catalyst industry is forecast to reach 2.1% p.a. in the coming years.
Between 2008 and 2014 the market increased with an average annual growth of 10.9%. Currently, precious metal based supported catalysts account for 49.7% of the global demand while the remaining market share is divided between nickel based supported catalysts (9.7%) and other supported catalysts (40.6%).
China, Germany, Italy, the United Kingdom and the United States represent the largest supported catalyst markets while the strongest annual growth is forecast to occur in Jordan (21.6%), Morocco (12.8%), Norway (9.8%), Vietnam (9.6%) and Moldova (9.1%).
