Global Fertilizer Catalyst Report Thumbnail

Global Fertilizer Catalyst Market by Process (Haber-Bosch Process, Urea Production), by Product (Nickel Based, Iron Based) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: AG-73768
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 94
  • No. Of Pages: 206
  • Format:
  • Pub. Date: 2021-10-21
  • Share:

Summary of the Report

Global fertilizer catalyst market was valued at USD2.8 billion in 2020. It is expected to grow at a compound annual rate (CAGR of 2.4%) between 2021 and 2027. Catalysts can be described as organometallic compounds used in fertilizer and other refinery applications. Product innovation that reduces greenhouse gases and improves process efficiency is the main driver of this market. Market growth will be boosted by the implementation of new pollution standards. Clariant and Haldor Topsoe have created products that reduce greenhouse emissions. Globally, major governments are implementing regulations regarding the production of ammonia and ammonium, as well as calcium ammonium and ammonium, complex fertilizers and nitric acids plants. These norms will force manufacturers to purchase catalysts to counter these problems and make the process more sustainable.

In 2020, the North American market was dominated by the United States. The United States is the world's largest exporter and producer of ammonia and phosphorus. The United States is the fourth largest producer of nitrogen fertilizers worldwide and the second-largest phosphate producer. Local governments have taken sustainability initiatives that are driving the U.S. market. The U.S. has invested USD 3.8 billion over the past three years in capital expansions to achieve sustainability initiatives for the fertilizer sector.

The steady growth in fertilizer production around the world is due to rising yields and a growing need for food. Synthetic fertilizer production accounts for around 60% of global food supply. But, local manufacturers are taking more sustainable initiatives that have led to the need for better manufacturing practices worldwide. Catalysts can help improve process efficiency and reduce the formation of byproducts. They also increase the selectivity of the processes.

Base metals like iron, nickel and zinc are used to produce fertilizer catalysts. Precious metals include platinum, palladium and rhodium are also used. Although the prices of most base metals have declined, their drop is still significantly less than the decline in oil prices. Prices of zinc and copper have experienced the largest drops, with their respective declines of around 15% each since January 2019.

The market situation for base metals has been affected by the slowdown in global activity, especially in China. China accounts for over half of global metals consumption. Supply disruptions caused by the shutdown of mines or refineries as a result of COVID-19 have also affected supply. According to current estimates, 15% and 20% respectively of the copper mines as well as 20% of zinc mines are either closed or at reduced capacity. However, iron ore mining operations in Australia and Brazil that are major have suffered less from their remote and highly automated operations.

Process Insights

In 2020, 56.8% of the revenue came from Haber-Bosch. Haber-Bosch is a process that produces ammonia from nitrogen and hydrogen. One of the most important raw materials in the production of fertilizers is ammonia. It is a key ingredient in the production of chemicals such as ammonium sulfurate, urea and calcium ammonium-nitrate. In 2018, ammonia production was 1,46,004 million tons. It is expected that it will continue to rise at 1.2% between 2019 and 2025.

Most HTML3_ nitric acids HTML3_ produced in the world are made from the oxidation ammonia. Ammonium nitrate is the main fertilizer made from nitric acids. Calcium ammonium-nitrate is also a major fertilizer. For the past three years, the production growth rate for calcium ammonium-nitrate nitrate (ammonium nitrate) has been around 1-2%. Due to emission concerns and stricter regulations, the adoption of the Nitric Acid process will likely remain slow.

Over the forecast period, Urea production will experience significant growth. Urea is one of the most widely used nitrogen fertilizers worldwide. The catalyst is used to remove carbon monoxide. Catalyst poisoning can occur when carbon monoxide is present and can affect the yield of urea. The process is mainly based on iron-chromium compounds. Positive forecasts are being made for catalyst consumption as the demand for urea continues to grow at an alarming pace.

Product Insights

The largest revenue share, 32.6%, was held by iron-based catalysts in 2020. These catalysts are in high demand because they are cheap and easy to find. They are widely used because they reduce greenhouse gas emissions and energy consumption. The main problem with their use is the high storage cost.

With the aid of the contact process, vanadium-based catalysts can be used to produce sulfuric acids. Sulfuric acid is used to make fertilizers such as superphosphate of limestone and ammonium sulfurate. These catalysts are popular because of their high conversion rates and ability to reduce sulfur dioxide (SO2) emissions from the environment.

Along with rhodium and palladium, platinum forms a group called the platinum group metals (PGMs). The Ostwald process uses a platinum-rhodium gauze catalyst to make nitric acid. This is then used to produce nitrogen-based fertilisers. Because it is more durable and increases the efficiency of the reaction, platinum-rhodium-based catalysts are a common practice in the industry.

Regional Insights

Asia Pacific accounted for 56.6% of the total revenue in 2020. It is expected to grow at the fastest CAGR between 2021 and 2027. Due to their large populations and changing lifestyles, India and China are two of the largest economies that contribute to the Asia Pacific market's growth. It is expected that the demand for fertilizer catalysts will be driven by large-scale ammonia and urea production facilities in China. This is in addition to significant capital investments in India, Vietnam, Indonesia and Thailand. A major market trend is the implementation of strict regulations in the fertilizer sector due to concerns about pollution.

India's agriculture sector is the heart of its economy. It provides employment for approximately 50% of the population and contributes 18% of its GDP. India is third in the production of nitrogenous fertilizers after the U.S., China and India. Chemicals such as diammonium and urea are the main drivers of India's demand for fertilizer catalysts.

The Central and South America region is a major exporter of agricultural commodities and food. This region is marked by significant unexplored agricultural land. Innovative farming methods are the driving force behind Argentina's agricultural sector. Brazil is the region's largest market, with an agricultural GDP of 23.5% and a dominant position in the overall economy. Argentina contributes significantly through its innovative farming methods, which have resulted in agricultural commodities earning more than half the foreign currency and accounting for 10%.

Market Share Insights & Key Companies

The market's competitive landscape is influenced by partnerships and collaborations as well as new product development initiatives. As manufacturers seek to enter emerging markets, service agreements with local distributors and companies are increasing. Any catalyst manufacturer should be developing new products as this will allow them to break the cycle of supply and demand. To address the growing sustainability and material loss issues, manufacturers are investing heavily in research and development. The following are some of the major players in global fertilizer catalyst markets:

  • Clariant AG

  • Johnson Matthey

  • Unicat Catalyst Technologies

  • Albemarle Corporation

  • LKAB Minerals AB

  • Magnetite of High Quality

Up Market Research published a new report titled “Fertilizer Catalyst Market research report which is segmented by Process (Haber-Bosch Process, Urea Production), by Product (Nickel Based, Iron Based), By Players/Companies  Unicat Catalyst Technologies, Clariant AG, Quality Magnetite,  Albemarle Corporation,  LKAB Minerals AB,  Johnson Matthey”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleFertilizer Catalyst Market Research Report
By ProcessHaber-Bosch Process, Urea Production
By ProductNickel Based, Iron Based
By Companies Unicat Catalyst Technologies, Clariant AG, Quality Magnetite,  Albemarle Corporation,  LKAB Minerals AB,  Johnson Matthey
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages206
Number of Tables & Figures145
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Fertilizer Catalyst Industry Outlook

Global Fertilizer Catalyst Market Report Segments:

The market is segmented by Process (Haber-Bosch Process, Urea Production), by Product (Nickel Based, Iron Based).

Fertilizer Catalyst Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Fertilizer Catalyst Market

Overview of the regional outlook of the Fertilizer Catalyst Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Fertilizer Catalyst Market Overview

Highlights of The Fertilizer Catalyst Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Fertilizer Catalyst Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Process:

                1. Haber-Bosch Process

                2. Urea Production

        7. By Product:

                1. Nickel Based

                2. Iron Based

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Fertilizer Catalyst Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Fertilizer Catalyst Market Trends

Reasons to Purchase the Fertilizer Catalyst Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fertilizer Catalyst Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Fertilizer Catalyst Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Fertilizer Catalyst Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Fertilizer Catalyst Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Fertilizer Catalyst Market Size & Forecast, 2018-2028 
      4.5.1 Fertilizer Catalyst Market Size and Y-o-Y Growth 
      4.5.2 Fertilizer Catalyst Market Absolute $ Opportunity 


Chapter 5 Global Fertilizer Catalyst Market Analysis and Forecast by Process
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Process
      5.1.2 Basis Point Share (BPS) Analysis by Process
      5.1.3 Absolute $ Opportunity Assessment by Process
   5.2 Fertilizer Catalyst Market Size Forecast by Process
      5.2.1 Haber-Bosch Process
      5.2.2 Urea Production
   5.3 Market Attractiveness Analysis by Process

Chapter 6 Global Fertilizer Catalyst Market Analysis and Forecast by Product
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Product
      6.1.2 Basis Point Share (BPS) Analysis by Product
      6.1.3 Absolute $ Opportunity Assessment by Product
   6.2 Fertilizer Catalyst Market Size Forecast by Product
      6.2.1 Nickel Based
      6.2.2 Iron Based
   6.3 Market Attractiveness Analysis by Product

Chapter 7 Global Fertilizer Catalyst Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Fertilizer Catalyst Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Fertilizer Catalyst Analysis and Forecast
   9.1 Introduction
   9.2 North America Fertilizer Catalyst Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Fertilizer Catalyst Market Size Forecast by Process
      9.6.1 Haber-Bosch Process
      9.6.2 Urea Production
   9.7 Basis Point Share (BPS) Analysis by Process 
   9.8 Absolute $ Opportunity Assessment by Process 
   9.9 Market Attractiveness Analysis by Process
   9.10 North America Fertilizer Catalyst Market Size Forecast by Product
      9.10.1 Nickel Based
      9.10.2 Iron Based
   9.11 Basis Point Share (BPS) Analysis by Product 
   9.12 Absolute $ Opportunity Assessment by Product 
   9.13 Market Attractiveness Analysis by Product

Chapter 10 Europe Fertilizer Catalyst Analysis and Forecast
   10.1 Introduction
   10.2 Europe Fertilizer Catalyst Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Fertilizer Catalyst Market Size Forecast by Process
      10.6.1 Haber-Bosch Process
      10.6.2 Urea Production
   10.7 Basis Point Share (BPS) Analysis by Process 
   10.8 Absolute $ Opportunity Assessment by Process 
   10.9 Market Attractiveness Analysis by Process
   10.10 Europe Fertilizer Catalyst Market Size Forecast by Product
      10.10.1 Nickel Based
      10.10.2 Iron Based
   10.11 Basis Point Share (BPS) Analysis by Product 
   10.12 Absolute $ Opportunity Assessment by Product 
   10.13 Market Attractiveness Analysis by Product

Chapter 11 Asia Pacific Fertilizer Catalyst Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Fertilizer Catalyst Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Fertilizer Catalyst Market Size Forecast by Process
      11.6.1 Haber-Bosch Process
      11.6.2 Urea Production
   11.7 Basis Point Share (BPS) Analysis by Process 
   11.8 Absolute $ Opportunity Assessment by Process 
   11.9 Market Attractiveness Analysis by Process
   11.10 Asia Pacific Fertilizer Catalyst Market Size Forecast by Product
      11.10.1 Nickel Based
      11.10.2 Iron Based
   11.11 Basis Point Share (BPS) Analysis by Product 
   11.12 Absolute $ Opportunity Assessment by Product 
   11.13 Market Attractiveness Analysis by Product

Chapter 12 Latin America Fertilizer Catalyst Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Fertilizer Catalyst Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Fertilizer Catalyst Market Size Forecast by Process
      12.6.1 Haber-Bosch Process
      12.6.2 Urea Production
   12.7 Basis Point Share (BPS) Analysis by Process 
   12.8 Absolute $ Opportunity Assessment by Process 
   12.9 Market Attractiveness Analysis by Process
   12.10 Latin America Fertilizer Catalyst Market Size Forecast by Product
      12.10.1 Nickel Based
      12.10.2 Iron Based
   12.11 Basis Point Share (BPS) Analysis by Product 
   12.12 Absolute $ Opportunity Assessment by Product 
   12.13 Market Attractiveness Analysis by Product

Chapter 13 Middle East & Africa (MEA) Fertilizer Catalyst Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Fertilizer Catalyst Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Fertilizer Catalyst Market Size Forecast by Process
      13.6.1 Haber-Bosch Process
      13.6.2 Urea Production
   13.7 Basis Point Share (BPS) Analysis by Process 
   13.8 Absolute $ Opportunity Assessment by Process 
   13.9 Market Attractiveness Analysis by Process
   13.10 Middle East & Africa (MEA) Fertilizer Catalyst Market Size Forecast by Product
      13.10.1 Nickel Based
      13.10.2 Iron Based
   13.11 Basis Point Share (BPS) Analysis by Product 
   13.12 Absolute $ Opportunity Assessment by Product 
   13.13 Market Attractiveness Analysis by Product

Chapter 14 Competition Landscape 
   14.1 Fertilizer Catalyst Market: Competitive Dashboard
   14.2 Global Fertilizer Catalyst Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Â Unicat Catalyst Technologies
      14.3.2 Clariant AG
      14.3.3 Quality Magnetite
      14.3.4 Â Albemarle Corporation
      14.3.5 Â LKAB Minerals AB
      14.3.6 Â Johnson Matthey
Segments Covered in the Report
The global Fertilizer Catalyst market has been segmented based on

By Process
  • Haber-Bosch Process
  • Urea Production
By Product
  • Nickel Based
  • Iron Based
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  •  Unicat Catalyst Technologies
  • Clariant AG
  • Quality Magnetite
  •  Albemarle Corporation
  •  LKAB Minerals AB
  •  Johnson Matthey

Buy Report