SKU: DFB87 | Last Updated On: 2019-05-16 | No. of Pages: 210 | Available Formats
Catalyst fertilizers help to increase phosphorus, potassium and all other nutrients. It improves plant growth and enhances yield. Also, it is an excellent impregnation and mixing properties for dry or liquid fertilizers.
The global catalyst fertilizers market was worth $XX million in 2018 and is forecasted to reach $XX million by 2026, at a CAGR of XX% during the forecast period.
Rising demands in the consumption of fertilizers are the driving factors for the market growth. According to International Fertilizers Association in 2016, Nitrogen is by far the largest nutrient, accounting for almost 60% of total consumption.
Also, phosphorus (phosphate) and potassium fertilizers are primarily applied to improve crop quality. Additionally, Brazil consumes substantial amounts of phosphate and potash due to its significant soybean production.
Recent technological advancement coupled with new product launch is adding fuel to the growth of the market. For instance, Clariant has developed an innovative and highly-active catalyst called AmoMax10. Its special design compared to alternative catalysts, can deliver energy savings of up to 40% for the Haber-Bosch process.
However, the long replacement period associated with catalysts may hinder the growth of the market on a global level.
Based on the application, the global catalyst fertilizers market can be segmented by ethanol Production, ammonia production, formaldehyde production, and others. Ammonia production dominates the market owing to strong increase in fertilizer demand.
According to the data from Catalyst Group in 2018, the ammonia estimates production in 2017 was over 150 MT and capacity is estimated to be over 230 MT, which is an increase of approximately 53%.
Also, the global ammonia production consumes 1-2% of the world’s energy supply annually. Over 80% of ammonia output is used as agricultural fertilizer for both food crops (supplying 50% of all human protein consumed), and non-food crops including biofuel feedstock’s, According to QuantumSphere, Inc. report in 2016.
Further, the ammonia production is gaining more demand especially in European countries such as Slovakia and Spain.
For instance, in February 2015, Haldor Topsoe A/S has signed contracts with Technip and Duslo s.a. of Slovakia for a new ammonia plant that would be constructed adjacent to an existing fertilizer complex in Šaľa, a town located 65 kilometers from Bratislava, the capital of the Slovak Republic.
Geographically, the global catalyst fertilizers market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa. Among all of the geographical regions, Asia Pacific dominates the market owing to the presence of major producers of ammonia-based fertilizers in China, India, and Indonesia.
According to the data from the United States Geological Survey in 2016, China recorded the highest production of ammonia approximately 48 million tonnes followed by Russia and India with 12 and 11 million tonnes respectively.
Additionally, the increase in tonnage of ammonia made is just keeping pace with the increasing world population and with its increasing standard of living. It is expected that the demand for ammonia will increase to nearly 200 million tonnes by 2018.
Further, according to QuantumSphere, Inc. in 2016, Coal accounts for 80% of the total feedstock used in ammonia production in China. The remaining 20% comes from natural gas, for which imported processes have historically been used. However, China recently signed a 30-year agreement worth USD 400 billion to buy natural gas from Russia, unusually this ratio may change significantly over the next few years.
Global catalyst fertilizers market is highly competitive with a large number of regional and international players. The competitiveness among significant market players is highly intense as a result.
The companies are focused on the business agreement in a bid to expand manufacturing facilities and strengthening business position on a global basis.
For instance, in September 2018, Haldor Topsoe has signed a shareholder agreement for an 11.7% stake in the Ramagundam fertilizer plant in Telangana, India, together with the Danish government-owned fund IFU and The Danish Agribusiness Fund (DAF).
In August 2017, ThyssenKrupp AG won a contract from Brunei's state-run Brunei Fertiliser Industries to build a fertilizer plant in the country. The new fertilizer complex will have a production capacity of 2,200 tons of ammonia and 3,900 tons of urea per day. It will be located in the Sungai Liang Industrial Park right next to Brunei’s well-established oil and gas industry.
The companies also follow the strategy of mergers & acquisitions in a bid to increase company revenue, financial resources, and processing capabilities of manufacturing facilities.
For instance, in September 2017, Vivakor Inc has acquired strategic intellectual properties (IP) from QuantumSphere Inc. (QSI). In an all-stock transaction, Vivakor secured patented Nanocatalyst IP from QSI. This technology produces a number of catalytic elements in the 30 – 60-nanometer range.
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1.1. Research Methodology
1.2. Research Objective and Scope of the Report
3.1. Market Snippet by Metal Group
3.2. Market Snippet by Application
3.3. Market Snippet by Region
3.4. DataM CLO Scenario
4.1. Market Impacting Factors
22.214.171.124. Rising Demand in the consumption of fertilizers
126.96.36.199. Technological Advancement
188.8.131.52. Long Replacement Period
4.1.4. Impact Analysis
5.1. Porter's Five Forces Analysis
5.2. Supply Chain Analysis
6.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Metal Group
6.1.2. Market Attractiveness Index, By Metal Group
6.2. Base Metal
6.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
6.3. Precious Metal
7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
7.1.2. Market Attractiveness Index, By Application
7.2. Ammonia Production
7.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%), 2018-2026
7.3. Ethanol Production
7.4. Formaldehyde Production
8.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region
8.1.2. Market Attractiveness Index, By Region
8.2. North America
8.2.2. Key Region-Specific Dynamics
8.2.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Metal Group
8.2.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
8.2.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
8.3.2. Key Region-Specific Dynamics
8.3.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Metal Group
8.3.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
8.3.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
184.108.40.206. Rest of Europe
8.4. South America
8.4.2. Key Region-Specific Dynamics
8.4.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Metal Group
8.4.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
8.4.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
220.127.116.11. Rest of South America
8.5.2. Key Region-Specific Dynamics
8.5.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Metal Group
8.5.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
8.5.5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
18.104.22.168. Rest of Asia Pacific
8.6. Middle East and Africa
8.6.2. Key Region-Specific Dynamics
8.6.3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Metal Group
8.6.4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
9.1. Competitive Scenario
9.2. Competitor Catalyst Fertilizers Strategy Analysis
9.3. Comparative Product Portfolio Analysis
9.4. Market Positioning/Share Analysis
9.5. Mergers and Acquisitions Analysis
10.1. Johnson Matthey *
10.1.1. Company Overview
10.1.2. Product Portfolio and Description
10.1.3. Key Highlights
10.1.4. Financial Overview
10.2. Clariant International
10.3. Haldor Topsoe
10.4. QuantumSphere, Inc.
10.5. Honeywell International Inc
10.6. Yara International ASA
10.7. Thyssenkrupp AG
10.8. Loveland Products, Inc.
10.9. CF Industries Holdings, Inc.
12.2. About Us and Services
12.3. Contact Us