Global Nickel Catalyst Market Will Increase to $769 Million by 2028

Nickel catalysts refer to a catalyst with nickel metal as the main active component and is an important industrial catalyst. Nickel catalysts typically have high catalytic activity and relatively low prices, making them widely used in various fields such as chemical, petroleum, and energy.

Segmented Market Analysis

From the perspective of product types, nickel catalysts can usually be classified into several categories based on their morphology, including powder catalysts, forming catalysts, and supported catalysts. Powder catalysts exist in powder form and are typically used for laboratory research or small-scale production; Forming catalysts are formed by mixing powdered catalysts with an appropriate amount of binder, such as in the form of particles, flakes, etc; Supported catalysts refer to loading nickel onto a carrier (such as alumina, silica gel, etc.). Among them, powder nickel catalysts occupy the largest market share, accounting for 56.99%.

From the perspective of downstream applications, the application of nickel catalysts involves multiple fields such as petrochemicals, food, and pharmaceuticals. Among them, the petrochemical industry is the largest downstream application market. According to our research data, the application scale of nickel catalysts in the petrochemical field in 2023 was $425 million, with a market share of 73.40%.

Global Nickel Catalyst Market Size and Share by Type and Application in 2023

Source: www.globalmarketmonitor.com