The APAC catalyst fertilizers market is expected to grow from US$ 1261.69 million in 2019 to US$ 1565.02 million by 2027; it is estimated to grow at a CAGR of 2.9% from 2020 to 2027.
China, India, Japan, South Korea, Australia, and Rest of APAC are the major economies in APAC. Rising focus on research and development and innovation activities will boost the catalyst fertilizers market. In the recent past, various research studies had been conducted on various properties and production process of catalyst fertilizers applied to various crops, fruits, and vegetables. A research study was published by the American Chemical Society in October 2017, on sustainable ammonia and advanced symbiotic fertilizer production using catalytic multi-reaction-zone reactors with non-thermal plasma & simultaneous reactive separation. In this study, the theoretical bases of a novel intensified catalytic multi-reaction-zone reactor (M-RZR) system has been described. The M-RZR, along with two reaction zones (RZ-1 and RZ-2), was utilized for ammonia synthesis. In the catalytic non thermal plasma reaction zone (such as RZ-1), ammonia was synthesized, and further, it was immediately sequestrated through a highly porous polymeric solid acid absorbent mainly in the ammonia neutralization reaction zone (RZ-2). The solid acid was basically a sulfonated cross-linked porous polystyrene foam, mainly known as polyHIPE polymer. The s-PHP & its neutralized version (sn-PHP) were developed as an advanced symbiotic fertilizer (or synthetic root system) for agro-process intensification for the enhancement (50–300%) of crop yield along with nitrogen fixation, especially underwater and nutrient stress. This method is not only fruitful for the direct conversion of syngas to ammonium carbonate & urea fertilizers but also for obtaining anhydrous ammonia for fuel applications. The reactive in situ air separation was further demonstrated for the generation of nitrogen for ammonia synthesis & oxygen for the gasification of biomass as a sustainable source of hydrogen.Thus, all these factors are expected to drive the catalyst fertilizers market in APAC.
The COVID-19 is anticipated to cause a negative impact in the Asia Pacific region. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The Airports Council International (ACI) Asia-Pacific warned that the prolonged duration of the COVID-19 (COVID-19) outbreak would drastically impact the region’s airports’ connectivity and economic sustainability, significantly restricting them from achieving previously forecasted growth prospects. Such closures are anticipated to negatively impact market growth in the coming period. Until now, India has the highest number of COVID -19 confirmed cases.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the APAC Catalyst Fertilizers market is expected to grow at a good CAGR during the forecast period.
APAC Catalyst Fertilizers Market Revenue and Forecast to 2027 (US$ Mn)
APAC Catalyst Fertilizers Market Segmentation
APAC Catalyst Fertilizers Market – by Production Process
- Haber – Bosch Process
- Contact Process
- Others
APAC Catalyst Fertilizers Market – byMetal Group
- Base Metal
- Precious Metal
APAC Catalyst Fertilizers Market - by Application
- Nitrogenous
- Phosphatic
- Others
APAC Catalyst Fertilizers Market - by Country
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
APAC Catalyst Fertilizers Market - Companies Mentioned
- Clariant
- DuPont de Nemours, Inc.
- Haldor Topsøe
- Johnson Matthey
- LKAB Minerals AB
- PDIL
- Quality Magnetite
- QuantumSphere, Inc.
- Axens
- Agricen
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Production Process, Metal Group, Application, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Catalyst Fertilizer Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Expert Opinion
5. Catalyst Fertilizer Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Benefits Associated with Catalyst Fertilizers
5.1.2 Growing Demand for Food due to Rising Population
5.2 Key Market Restraints
5.2.1 Strict Rules Associated with Catalyst Fertilizers
5.3 Key Market Opportunities:
5.3.1 Rising Focus On Research And Development And Innovation Activities
5.4 Key Trends:
5.4.1 Increasing Demand for Liquid Catalyst Fertilizers
5.5 Impact Analysis
6. Catalyst Fertilizer – APAC Market Analysis
6.1 Catalyst Fertilizer Market Overview
6.2 Catalyst Fertilizer Market –Revenue and Forecast to 2027 (US$ Mn)
6.3 Market Positioning – Key Market Players
7. APAC Catalyst Fertilizer Market Analysis – Production Process
7.1 Overview
7.2 APAC Catalyst Fertilizer Market Breakdown, By Production Process, 2019 & 2027
7.3 Haber-Bosch Process
7.3.1 Overview
7.3.2 Haber-Bosch Process in Catalyst fertilizer Market, Revenue Forecast to 2027 (US$ Mn)
7.4 Contact Process
7.4.1 Overview
7.4.2 Contact Process in Catalyst fertilizer Market, Revenue and Forecast to 2027 (US$ Mn)
7.5 Others
7.5.1 Overview
7.5.2 Others in Catalyst Fertilizer Market, Revenue and Forecast to 2027 (US$ Mn)
8. APAC Catalyst Fertilizer Market Analysis – Metal Group
8.1 Overview
8.2 APAC Catalyst Fertilizer Market Breakdown, Metal group, 2019 & 2027
8.3 Base Metal
8.3.1 Overview
8.3.2 Catalyst fertilizer Market Revenue Via Base Metal Revenue and Forecast, to 2027 (US$ Mn)
8.4 Precious Metal
8.4.1 Overview
8.4.2 Catalyst fertilizer Market Revenue Via Precious Metal Revenue and Forecast, to 2027 (US$ Mn)
9. APAC Catalyst Fertilizer Market Analysis – By Application
9.1 Overview
9.2 APAC Catalyst Fertilizer Market Breakdown, By Application, 2019 & 2027
9.3 Nitrogenous
9.3.1 Overview
9.3.2 Catalyst Fertilizer Market Revenue Via Nitrogenous Revenue and Forecast, to 2027 (US$ Mn)
9.4 Phosphatic
9.4.1 Overview
9.4.2 Catalyst Fertilizer Market Revenue Via Phosphatic Revenue and Forecast, to 2027 (US$ Mn)
9.5 Others
9.5.1 Overview
9.5.2 Catalyst Fertilizer Market Revenue Via Others Revenue and Forecast, to 2027 (US$ Mn)
10. Catalyst Fertilizers Market – Country Analysis
10.1 Overview
10.1.1 Asia-Pacific: Catalyst Fertilizers Market, by Key Country
10.1.1.1 Australia: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
10.1.1.1.1 Australia: Catalyst Fertilizers Market, by Production Process
10.1.1.1.2 Australia: Catalyst Fertilizers Market, by Metal Group
10.1.1.1.3 Australia: Catalyst Fertilizers Market, by Application
10.1.1.2 China: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
10.1.1.2.1 China: Catalyst Fertilizers Market, by Production Process
10.1.1.2.2 China: Catalyst Fertilizers Market, by Metal Group
10.1.1.2.3 China: Catalyst Fertilizers Market, by Application
10.1.1.3 India: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
10.1.1.3.1 India: Catalyst Fertilizers Market, by Production Process
10.1.1.3.2 India: Catalyst Fertilizers Market, by Metal Group
10.1.1.3.3 India: Catalyst Fertilizers Market, by Application
10.1.1.4 Japan: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
10.1.1.4.1 Japan: Catalyst Fertilizers Market, by Production Process
10.1.1.4.2 Japan: Catalyst Fertilizers Market, by Metal Group
10.1.1.4.3 Japan: Catalyst Fertilizers Market, by Application
10.1.1.5 South Korea: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
10.1.1.5.1 South Korea: Catalyst Fertilizers Market, by Production Process
10.1.1.5.2 South Korea: Catalyst Fertilizers Market, by Metal Group
10.1.1.5.3 South Korea: Catalyst Fertilizers Market, by Application
10.1.1.6 Rest of Asia-Pacific: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
10.1.1.6.1 Rest of Asia-Pacific: Catalyst Fertilizers Market, by Production Process
10.1.1.6.2 Rest of Asia-Pacific: Catalyst Fertilizers Market, by Metal Group
10.1.1.6.3 Rest of Asia-Pacific: Catalyst Fertilizers Market, by Application
11. Impact of COVID-19 Pandemic on APAC Catalyst Fertilizer Market
11.1 Asia-Pacific: Impact assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Merger and Acquisition
12.2 Business Planning and Strategy
12.3 Product News
13. Key Company Profiles
13.1 Clariant
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 DuPont de Nemours, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 Haldor Topsøe
13.3.1 Key Facts
13.3.2 Coromandel International Limited
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Johnson Matthey
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.5 LKAB Minerals AB
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 PDIL
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.7 Quality Magnetite
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.8 QuantumSphere, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products And Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.9 Axens
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products And Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Agricen
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products And Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
14. Appendix
14.1 About The Insight Partners
14.2 Glossary
LIST OF TABLES
Table 1. APAC Catalyst Fertilizer Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. Australia Catalyst Fertilizers Market, by Production Process – Revenue and Forecast to 2027 (USD Mn)
Table 3. Australia Catalyst Fertilizers Market, by Metal Group – Revenue and Forecast to 2027 (USD Mn)
Table 4. Australia Catalyst Fertilizers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 5. China Catalyst Fertilizers Market, by Production Process – Revenue and Forecast to 2027 (USD Mn)
Table 6. China Catalyst Fertilizers Market, by Metal Group – Revenue and Forecast to 2027 (USD Mn)
Table 7. China Catalyst Fertilizers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 8. India Catalyst Fertilizers Market, by Production Process – Revenue and Forecast to 2027 (USD Mn)
Table 9. India Catalyst Fertilizers Market, by Metal Group – Revenue and Forecast to 2027 (USD Mn)
Table 10. India Catalyst Fertilizers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 11. Japan Catalyst Fertilizers Market, by Production Process – Revenue and Forecast to 2027 (USD Mn)
Table 12. Japan Catalyst Fertilizers Market, by Metal Group – Revenue and Forecast to 2027 (USD Mn)
Table 13. Japan Catalyst Fertilizers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 14. South Korea Catalyst Fertilizers Market, by Production Process – Revenue and Forecast to 2027 (USD Mn)
Table 15. South Korea Catalyst Fertilizers Market, by Metal Group – Revenue and Forecast to 2027 (USD Mn)
Table 16. South Korea Catalyst Fertilizers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 17. Rest of APAC Catalyst Fertilizers Market, by Production Process – Revenue and Forecast to 2027 (USD Mn)
Table 18. Rest of APAC Catalyst Fertilizers Market, by Metal Group – Revenue and Forecast to 2027 (USD Mn)
Table 19. Rest of APAC Catalyst Fertilizers Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 20. Glossary of Terms, Asia - Pacific Catalyst Fertilizer Market
LIST OF FIGURES
Figure 1. APAC Catalyst Fertilizer Market Segmentation
Figure 2. APAC Catalyst Fertilizer Market Segmentation – By Country
Figure 3. APAC Catalyst Fertilizer Market Overview
Figure 4. Nitrogenous Segment Held Largest Share of APAC Catalyst Fertilizer Market
Figure 5. China Country Held Largest Share of APAC Catalyst Fertilizer Market
Figure 6. APAC Catalyst Fertilizer Market, Industry Landscape
Figure 7. APAC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. APAC Impact Analysis of Drivers And Restraints
Figure 10. APAC: Catalyst Fertilizer Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 11. APAC Catalyst Fertilizer Market Breakdown, Production Process, 2019 & 2027 (%)
Figure 12. APAC Haber-Bosch Process in Catalyst fertilizer Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 13. APAC Contact Process in Catalyst fertilizer Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 14. APAC Others in Catalyst Fertilizer Market, Revenue and Forecast, 2017–2027 (US$ Mn)
Figure 15. APAC Catalyst Fertilizer Market Breakdown Metal group, 2019 & 2027 (%)
Figure 16. APAC Catalyst fertilizer Market Revenue Via Base Metal Forecast, to 2027 (US$ Mn)
Figure 17. APAC Catalyst fertilizer Market Revenue Via Precious Metal Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. APAC Catalyst Fertilizer Market Breakdown by Application, 2019 & 2027 (%)
Figure 19. APAC Catalyst Fertilizer Market Revenue Via Nitrogenous Forecast, to 2027 (US$ Mn)
Figure 20. APAC Catalyst Fertilizer Market Revenue Via Phosphatic Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. APAC Catalyst Fertilizer Market Revenue Via Others Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Asia-Pacific: Catalyst Fertilizers Market Revenue Share, by Key Country (2019 and 2027)
Figure 23. Australia: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 24. China: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 25. India: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 26. Japan: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 27. South Korea: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 28. Rest of Asia-Pacific: Catalyst Fertilizers Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 29. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Clariant
- DuPont de Nemours, Inc.
- Haldor Topsøe
- Johnson Matthey
- LKAB Minerals AB
- PDIL
- Quality Magnetite
- QuantumSphere, Inc.
- Axens
- Agricen
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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