Europe Homogeneous Precious Metal Catalyst Market Size, Share & Trends Analysis Report By Product (Palladium, Ruthenium), By End-use (Refineries, Pharmaceutical, Biomedical), And Segment Forecasts, 2024

The Europe homogeneous precious metal catalyst market size is expected to reach USD 3.90 billion by 2030, registering a CAGR of 19.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the increasing application of platinum group metal (PGM) catalysts in the chemical manufacturing industry.

According to the European Commission, the chemical industry is one of Europe's largest manufacturing sectors. As a crucial enabling industry, it is pivotal in delivering innovative materials and technological solutions to enhance Europe's industrial competitiveness. The chemical industry manufactures varied products, including petrochemicals, polymers, basic inorganics, and specialty chemicals. While the industry faces significant challenges such as intensified competition from other nations and escalating costs, it is undergoing rapid structural transformations. Despite these obstacles, the industry has demonstrated resilience by swiftly recovering from economic crises and maintaining a relatively stable position in terms of overall sales.

According to The European Chemical Industry Council, Europe emerged as the second largest producer of chemicals after China in 2022. Domestically, Germany, France, and Italy were the top three markets for chemicals produced and sold in Europe in 2022. The flourishing chemical manufacturing industry in Europe opens numerous growth opportunities for products like PGM catalysts as these products find wide applications in chemical manufacturing.

Furthermore, the extraction and refining of PGMs involve intricate processes requiring advanced technologies. These processes encompass various stages, including mining, concentration, smelting, and refining. Substantial investments are necessary for sophisticated infrastructure, specialized equipment, and expert knowledge to ensure effective extraction and refining. These factors collectively contribute to the higher production costs of PGM extraction and refining, resulting in the high production cost of PGM catalysts.

Europe Homogeneous Precious Metal Catalyst Market Report Highlights:

The ruthenium segment is expected to grow at the fastest CAGR of 21.1% in 2023. They are widely used in various applications due to their unique chemical and physical properties. Ruthenium belongs to the platinum group of metals, it has high corrosion resistance, excellent ductility, and high conductibility.
The refinery end-use segment is expected to grow at the fastest CAGR over the forecast period. Countries such as Russia and Germany, which are home to around 40 and 11 oil refineries, respectively, project significant potential for market growth. Further, the growth in oil production over the past years is expected to create demand for homogenous precious metal catalysts shortly.
Market players operating in the market include Alfa Aesar; Heraeus Holding; BASF SE; Evonik Industries AG; Johnson Matthey; Clariant AG; Haldor Topsoe; Umicore; American Elements; and Chimet S.p.A. among others.
In January 2023, Evonik leveraged its expertise by consolidating and incorporating its alkoxides business into the Catalysts Business Line. This strategic move adds a range of homogeneous catalysts to the existing portfolio of heterogeneous catalysts.
In July 2022, BASF announced the construction of a large-scale battery recycling black matter facility in Schwarzheide, Germany. Indicating the prevalence of several EV car manufacturers and cell makers in Central Europe, the site is the perfect location for the expansion of battery recycling activities. This investment will result in the creation of around 30 new production positions, with a start date of early 2024.

Product Code: GVR-4-68039-296-6

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot

Chapter 3. Europe Homogeneous Precious Metal Catalyst Market Variables, Trends & Scope

3.1. Market Lineage Outlook
- 3.1.1. Global Homogeneous Precious Metal Catalyst Market Outlook
3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.2.2. Raw Material Trends
- 3.2.3. Manufacturing/Technological Overview
3.3. Regulatory Framework
3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
3.5. Industry Analysis Tools
- 3.5.1. Porter's Five Forces Analysis
- 3.5.2. Macro-environmental Analysis

Chapter 4. Europe Homogeneous Precious Metal Catalyst Market: Product Estimates & Trend Analysis

4.1. Product Movement Analysis & Market Share, 2023 & 2030
4.2. Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecast, By Product, 2018 to 2030 (Tons) (USD Million)
4.3. Platinum
- 4.3.1. Platinum Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.4. Palladium
- 4.4.1. Palladium Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.5. Rhodium
- 4.5.1. Rhodium Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.6. Ruthenium
- 4.6.1. Ruthenium Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.7. Iridium
- 4.7.1. Iridium Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.8. Gold
- 4.8.1. Gold Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)
4.9. Others
- 4.9.1. Others Market Estimates and Forecasts, 2018 - 2030 (Tons) (USD Million)

Chapter 5. Europe Homogeneous Precious Metal Catalyst Market: End-use Estimates & Trend Analysis

5.1. End-use Movement Analysis & Market Share, 2023 & 2030
5.2. Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecast, By End-use, 2018 to 2030 (Tons) (USD Million)
5.3. Pharmaceutical & Biomedical
- 5.3.1. Europe Homogeneous Precious Metal Catalyst Market Estimates and Forecasts, in Pharmaceutical & Biomedical 2018 - 2030 (Tons) (USD Million)
5.4. Refineries
- 5.4.1. Europe Homogeneous Precious Metal Catalyst Market Estimates and Forecasts, in Refineries2018 - 2030 (Tons) (USD Million)
5.5. Agrochemicals
- 5.5.1. Europe Homogeneous Precious Metal Catalyst Market Estimates and Forecasts, in Agrochemicals 2018 - 2030 (Tons) (USD Million)
5.6. Fine Chemicals
- 5.6.1. Europe Homogeneous Precious Metal Catalyst Market Estimates and Forecasts, in Fine Chemicals 2018 - 2030 (Tons) (USD Million)
5.7. Electrochemical
- 5.7.1. Europe Homogeneous Precious Metal Catalyst Market Estimates and Forecasts, in Electrochemical 2018 - 2030 (Tons) (USD Million)
5.8. Power Generation
- 5.8.1. Europe Homogeneous Precious Metal Catalyst Market Estimates and Forecasts, in Power Generation 2018 - 2030 (Tons) (USD Million)
5.9. Other Industrial
- 5.9.1. Europe Homogeneous Precious Metal Catalyst Market Estimates and Forecasts, in Other Industrial 2018 - 2030 (Tons) (USD Million)

Chapter 6. Europe Homogeneous Precious Metal Catalyst Market: Regional Estimates & Trend Analysis

6.1. Regional Movement Analysis & Market Share, 2023 & 2030
6.2. Europe
- 6.2.1. Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecast, 2018 - 2030 (Tons) (USD Million)
- 6.2.2. Germany
  - 6.2.2.1. Key country dynamics
  - 6.2.2.2. Germany Homogeneous Precious Metal Catalyst market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 6.2.3. UK
  - 6.2.3.1. Key country dynamics
  - 6.2.3.2. UK Homogeneous Precious Metal Catalyst market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 6.2.4. France
  - 6.2.4.1. Key country dynamics
  - 6.2.4.2. France Homogeneous Precious Metal Catalyst market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 6.2.5. Italy
  - 6.2.5.1. Key country dynamics
  - 6.2.5.2. Italy Homogeneous Precious Metal Catalyst market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 6.2.6. Spain
  - 6.2.6.1. Key country dynamics
  - 6.2.6.2. Spain Homogeneous Precious Metal Catalyst market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 6.2.7. Russia
  - 6.2.7.1. Key country dynamics
  - 6.2.7.2. Russia Homogeneous Precious Metal Catalyst market estimates & forecast, 2018 - 2030 (Tons) (USD Million)
- 6.2.8. Poland
  - 6.2.8.1. Key country dynamics
  - 6.2.8.2. Poland Homogeneous Precious Metal Catalyst market estimates & forecast, 2018 - 2030 (Tons) (USD Million)

Chapter 7. Europe Homogeneous Precious Metal Catalyst Market - Competitive Landscape

7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Company Market Share/Position Analysis, 2023
7.4. Company Heat Map Analysis
7.5. Strategy Mapping
- 7.5.1. Expansion
- 7.5.2. Mergers & Acquisition
- 7.5.3. Partnerships & Collaborations
- 7.5.4. New Product Launches
- 7.5.5. Research & Development
7.6. Company Profiles
- 7.6.1. BASF SE
  - 7.6.1.1. Participant's overview
  - 7.6.1.2. Financial performance
  - 7.6.1.3. Product benchmarking
  - 7.6.1.4. Recent developments
- 7.6.2. Evonik Industries AG
  - 7.6.2.1. Participant's overview
  - 7.6.2.2. Financial performance
  - 7.6.2.3. Product benchmarking
  - 7.6.2.4. Recent developments
- 7.6.3. Haldor Topsoe
  - 7.6.3.1. Participant's overview
  - 7.6.3.2. Financial performance
  - 7.6.3.3. Product benchmarking
  - 7.6.3.4. Recent developments
- 7.6.4. Johnson Matthey Plc
  - 7.6.4.1. Participant's overview
  - 7.6.4.2. Financial performance
  - 7.6.4.3. Product benchmarking
  - 7.6.4.4. Recent developments
- 7.6.5. Givaudan
  - 7.6.5.1. Participant's overview
  - 7.6.5.2. Financial performance
  - 7.6.5.3. Product benchmarking
  - 7.6.5.4. Recent developments
- 7.6.6. Clariant International Ltd.
  - 7.6.6.1. Participant's overview
  - 7.6.6.2. Financial performance
  - 7.6.6.3. Product benchmarking
  - 7.6.6.4. Recent developments
- 7.6.7. Umicore
  - 7.6.7.1. Participant's overview
  - 7.6.7.2. Financial performance
  - 7.6.7.3. Product benchmarking
  - 7.6.7.4. Recent developments
- 7.6.8. Heraeus Holding
  - 7.6.8.1. Participant's overview
  - 7.6.8.2. Financial performance
  - 7.6.8.3. Product benchmarking
  - 7.6.8.4. Recent developments
- 7.6.9. American Elements
  - 7.6.9.1. Participant's overview
  - 7.6.9.2. Financial performance
  - 7.6.9.3. Product benchmarking
  - 7.6.9.4. Recent developments
- 7.6.10. Chimet
  - 7.6.10.1. Participant's overview
  - 7.6.10.2. Financial performance
  - 7.6.10.3. Product benchmarking
  - 7.6.10.4. Recent developments
- 7.6.11. Shaanxi Kai Da Chemical Engineering Co., Ltd
  - 7.6.11.1. Participant's overview
  - 7.6.11.2. Financial performance
  - 7.6.11.3. Product benchmarking
  - 7.6.11.4. Recent developments

Product Code: GVR-4-68039-296-6

List of Tables

Table 1 List of abbreviation
Table 2 Europe Homogeneous Precious Metal Catalyst market 2018 - 2030 (Tons) (USD Billion),
Table 3 Global market estimates and forecasts by region,2018 - 2030 (Tons)
Table 4 Global market estimates and forecasts by region, 2018 - 2030 (USD Million)
Table 5 Global market estimates and forecasts by product,2018 - 2030 (Tons)
Table 6 Global market estimates and forecasts by product, (USD Billion), 2018 - 2030
Table 7 Global market estimates and forecasts by end-use,2018 - 2030 (Tons)
Table 8 Global market estimates and forecasts by end-use, (USD Billion), 2018 - 2030
Table 9 Global market estimates and forecasts by region,2018 - 2030 (Tons)
Table 10 Global market estimates and forecasts by region, (USD Billion), 2018 - 2030
Table 11 Europe Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 12 Europe Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)
Table 13 Germany Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 14 Germany Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)
Table 15 UK Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 16 UK Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)
Table 17 France Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 18 France Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)
Table 19 Italy Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 20 Italy Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)
Table 21 Spain Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 22 Spain Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)
Table 23 Russia Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 24 Russia Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)
Table 25 Poland Homogeneous Precious Metal Catalyst market by product, 2018 - 2030 (Tons)
Table 26 Poland Homogeneous Precious Metal Catalyst market by end-use, 2018 - 2030 (USD Billion)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 QFD modeling for market share assessment
Fig. 6 Information Procurement
Fig. 7 Market Formulation and Validation
Fig. 8 Data Validating & Publishing
Fig. 9 Market Segmentation & Scope
Fig. 10 Europe Homogeneous Precious Metal Catalyst Market Snapshot
Fig. 11 Segment Snapshot (1/2)
Fig. 12 Segment Snapshot (1/2)
Fig. 13 Competitive Landscape Snapshot
Fig. 14 Parent market outlook
Fig. 15 Europe Homogeneous Precious Metal Catalyst Market Value, 2023 (USD Million)
Fig. 16 Europe Homogeneous Precious Metal Catalyst Market - Value Chain Analysis
Fig. 17 Europe Homogeneous Precious Metal Catalyst Market - Price Trend Analysis 2018 - 2030 (USD/Kg)
Fig. 18 Europe Homogeneous Precious Metal Catalyst Market - Market Dynamics
Fig. 19 Europe Homogeneous Precious Metal Catalyst Market - PORTER's Analysis
Fig. 20 Europe Homogeneous Precious Metal Catalyst Market - PESTEL Analysis
Fig. 21 Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, By Product: Key Takeaways
Fig. 22 Europe Homogeneous Precious Metal Catalyst Market Share, By Product, 2023 & 2030
Fig. 23 Platinum Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 24 Palladium Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 25 Rhodium Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 26 Ruthenium Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 27 Iridium Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 28 Gold Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 29 Others Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 30 Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, By End-use: Key Takeaways
Fig. 31 Europe Homogeneous Precious Metal Catalyst Market Share, By End-use, 2023 & 2030
Fig. 32 Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, in Pharmaceutical and Biomedical, 2018 - 2030 (Tons) (USD Million)
Fig. 33 Agriculture Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, Refineries, 2018 - 2030 (Tons) (USD Million)
Fig. 34 Agriculture Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, in Agrochemicals, 2018 - 2030 (Tons) (USD Million)
Fig. 35 Agriculture Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, in Fine Chemicals, 2018 - 2030 (Tons) (USD Million)
Fig. 36 Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, in Electrochemical, 2018 - 2030 (Tons) (USD Million)
Fig. 37 Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, in Other Industrial, 2018 - 2030 (Tons) (USD Million)
Fig. 38 Europe Homogeneous Precious Metal Catalyst Market, By Region, 2023 & 2030 (USD Million)
Fig. 39 Europe Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 40 Germany Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 41 UK Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 42 France Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 43 Italy Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 44 Spain Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 45 Russia Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 46 Poland Homogeneous Precious Metal Catalyst Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
Fig. 47 Key Company Categorization
Fig. 48 Company Market Positioning
Fig. 49 Key Company Market Share Analysis, 2023
Fig. 50 Strategy Mapping

Europe Homogeneous Precious Metal Catalyst Market Size, Share & Trends Analysis Report By Product (Palladium, Ruthenium), By End-use (Refineries, Pharmaceutical, Biomedical), And Segment Forecasts, 2024 - 2030

Description

Table of Contents

List of Tables

Europe Homogeneous Precious Metal Catalyst Market Growth & Trends:

Europe Homogeneous Precious Metal Catalyst Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Europe Homogeneous Precious Metal Catalyst Market Variables, Trends & Scope

Chapter 4. Europe Homogeneous Precious Metal Catalyst Market: Product Estimates & Trend Analysis

Chapter 5. Europe Homogeneous Precious Metal Catalyst Market: End-use Estimates & Trend Analysis

Chapter 6. Europe Homogeneous Precious Metal Catalyst Market: Regional Estimates & Trend Analysis

Chapter 7. Europe Homogeneous Precious Metal Catalyst Market - Competitive Landscape

List of Tables

List of Figures