The global catalyst fertilizers market size is expected to grow by USD 276.67 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period.
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Technavio has announced its latest market research report titled Global Catalyst Fertilizers Market 2020-2024 (Graphic: Business Wire)
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The rising demand for low GHG emitting fertilizers is one of the major factors propelling market growth.
Rising environmental concerns and government initiatives by several countries has resulted in the increasing demand for catalysts for fertilizers. Metals such as rhodium, iron, cobalt, and palladium are used as catalysts in fertilizers to enhance their performance and minimize carbon footprint. The demand for catalyst fertilizers has increased significantly in Europe due to the implementation of best available techniques (BAT) in the agriculture industry for regulating nitrous oxide emissions. The use of catalysts in fertilizer production has also increased in India and China. Hence, the rising environmental concerns and the development of low-emission fertilizers are expected to fuel the growth of the catalyst fertilizers market during the forecast period.
More details: www.technavio.com/report/catalyst-fertilizers-market-industry-analysis
Global Catalyst Fertilizers Market: Fertilizer Application
Nitrogenous fertilizers such as urea and ammonium nitrate are inexpensive, non-acidifying, easy to store and promote the growth of crops and plants. The increasing demand for urea and ammonia in APAC is expected to fuel the growth of the catalyst fertilizers market in this segment. However, market growth in this segment will be slower than the growth of the market in the phosphatic segment.
Global Catalyst Fertilizers Market: Geographic Landscape
APAC was the largest market for catalyst fertilizers in 2019, and the region will continue to offer the maximum growth opportunities to market vendors during the forecast period. The presence of a large population, increasing demand for food products, a growing need for sustainable agriculture practices, and developments in the fertilizer industry are contributing to the catalyst fertilizers market growth in this region. Over 59% of the market’s growth will originate from APAC during the forecast period. India and China are the key markets for catalyst fertilizers in APAC. Market growth in this region will be faster than the growth of the market in Europe, MEA, and North America.
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Companies Covered
- Agricen
- Cabot Corp.
- Clariant International Ltd.
- Haldor Topsoe AS
- Johnson Matthey Plc
- LKAB Minerals AB
- N.E. CHEMCAT Corp.
- Quality Magnetite
- The Dow Chemical Co.
-
and Xieta International SL.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, till 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Catalyst Fertilizers Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist in catalyst fertilizers market growth during the next five years
- Estimation of the catalyst fertilizers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the catalyst fertilizers market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of catalyst fertilizers market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 08: MARKET SEGMENTATION BY FERTILIZER APPLICATION
- Market segmentation by fertilizer application
- Comparison by fertilizer application
- Nitrogenous - Market size and forecast 2019-2024
- Phosphatic - Market size and forecast 2019-2024
- Market opportunity by fertilizer application
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increasing global cereal production
- Increasing regulatory pressure on fertilizer production and related
- products
- Growing capacities of fertilizer production units
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Agricen
- Cabot Corp.
- Clariant International Ltd.
- Haldor Topsoe AS
- Johnson Matthey Plc
- LKAB Minerals AB
- N.E. CHEMCAT Corp.
- Quality Magnetite
- The Dow Chemical Co.
- Xieta International SL
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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