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Insights on the Global Catalyst Fertilizers Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

·6 min read

The global catalyst fertilizers market size is expected to grow by USD 276.67 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210106005869/en/

Technavio has announced its latest market research report titled Global Catalyst Fertilizers Market 2020-2024 (Graphic: Business Wire)

Click & get FREE sample Report in MINUTES

The rising demand for low GHG emitting fertilizers is one of the major factors propelling market growth.

Rising environmental concerns and government initiatives by several countries has resulted in the increasing demand for catalysts for fertilizers. Metals such as rhodium, iron, cobalt, and palladium are used as catalysts in fertilizers to enhance their performance and minimize carbon footprint. The demand for catalyst fertilizers has increased significantly in Europe due to the implementation of best available techniques (BAT) in the agriculture industry for regulating nitrous oxide emissions. The use of catalysts in fertilizer production has also increased in India and China. Hence, the rising environmental concerns and the development of low-emission fertilizers are expected to fuel the growth of the catalyst fertilizers market during the forecast period.

More details: www.technavio.com/report/catalyst-fertilizers-market-industry-analysis

Global Catalyst Fertilizers Market: Fertilizer Application

Nitrogenous fertilizers such as urea and ammonium nitrate are inexpensive, non-acidifying, easy to store and promote the growth of crops and plants. The increasing demand for urea and ammonia in APAC is expected to fuel the growth of the catalyst fertilizers market in this segment. However, market growth in this segment will be slower than the growth of the market in the phosphatic segment.

Global Catalyst Fertilizers Market: Geographic Landscape

APAC was the largest market for catalyst fertilizers in 2019, and the region will continue to offer the maximum growth opportunities to market vendors during the forecast period. The presence of a large population, increasing demand for food products, a growing need for sustainable agriculture practices, and developments in the fertilizer industry are contributing to the catalyst fertilizers market growth in this region. Over 59% of the market’s growth will originate from APAC during the forecast period. India and China are the key markets for catalyst fertilizers in APAC. Market growth in this region will be faster than the growth of the market in Europe, MEA, and North America.

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Related Reports on Materials Include:

Organic Fertilizers Market by Application and Geography - Forecast and Analysis 2020-2024: The organic fertilizers market size has the potential to grow by USD 9.09 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

Water Soluble Fertilizers Market by Type and Geography - Forecast and Analysis 2020-2024: The water soluble fertilizers market size has the potential to grow by $ 4.36 bn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

Companies Covered

  • Agricen

  • Cabot Corp.

  • Clariant International Ltd.

  • Haldor Topsoe AS

  • Johnson Matthey Plc

  • LKAB Minerals AB

  • N.E. CHEMCAT Corp.

  • Quality Magnetite

  • The Dow Chemical Co.

  • and Xieta International SL.

What our reports offer:

  • Market share assessments for the regional and country-level segments

  • Strategic recommendations for the new entrants

  • Covers market data for 2019, 2020, till 2024

  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)

  • Strategic recommendations in key business segments based on the market estimations

  • Competitive landscaping mapping the key common trends

  • Company profiling with detailed strategies, financials, and recent developments

  • Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Catalyst Fertilizers Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024

  • Detailed information on factors that will assist in catalyst fertilizers market growth during the next five years

  • Estimation of the catalyst fertilizers market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the catalyst fertilizers market

  • Analysis of the market’s competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of catalyst fertilizers market, vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface

  • 2.2 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition

  • Market sizing 2019

  • Market outlook

  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

PART 06: CUSTOMER LANDSCAPE

PART 07: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation

  • Geographic comparison

  • APAC - Market size and forecast 2019-2024

  • South America - Market size and forecast 2019-2024

  • North America - Market size and forecast 2019-2024

  • Europe - Market size and forecast 2019-2024

  • MEA - Market size and forecast 2019-2024

  • Key leading countries

  • Market opportunity

PART 08: MARKET SEGMENTATION BY FERTILIZER APPLICATION

  • Market segmentation by fertilizer application

  • Comparison by fertilizer application

  • Nitrogenous - Market size and forecast 2019-2024

  • Phosphatic - Market size and forecast 2019-2024

  • Market opportunity by fertilizer application

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers

  • Market challenges

PART 11: MARKET TRENDS

  • Increasing global cereal production

  • Increasing regulatory pressure on fertilizer production and related

  • products

  • Growing capacities of fertilizer production units

PART 12: VENDOR LANDSCAPE

  • Overview

  • Landscape disruption

  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered

  • Vendor classification

  • Market positioning of vendors

  • Agricen

  • Cabot Corp.

  • Clariant International Ltd.

  • Haldor Topsoe AS

  • Johnson Matthey Plc

  • LKAB Minerals AB

  • N.E. CHEMCAT Corp.

  • Quality Magnetite

  • The Dow Chemical Co.

  • Xieta International SL

PART 14: APPENDIX

  • Research methodology

  • List of abbreviations

  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210106005869/en/

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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    Last week, EVgo became the latest charging infrastructure company to announce a SPAC deal to go public during a time that is seeing rapid adoption of electric vehicles and infrastructure. About EVgo: Climate Change Crisis Real Impact I Acquisition Corp (NYSE: CLII) is bringing EVgo public in a deal that values the company at $2.1 billion. EVgo has over 800 locations for its fast-charging stations in 34 states, including 67 major metropolitan markets. The company has supported over 220,000 customers. EVgo has the largest public DCFC (direct current fast charging) network. The company is a partner with General Motors Company (NYSE: GM), Tesla Inc (NASDAQ: TSLA), Nissan, Lyft Inc (NASDAQ: LYFT) and Uber Technologies Inc (NYSE: UBER). Charging stations are hosted at retail locations like Albertsons, Wawa and Kroger (NYSE: KR). DCFC is the key that sets EVgo apart from competitors. DCFC made up only 5% of the market in 2019 and is expected to grow share to 40% by 2040. EvGo has 818 DCFC sites and 1,412 charging units. Related Link: 7 Current And Former SPACs That Could Be 2020 Election Plays Competitors: EVgo is the only charging partner engaged by multiple OEMs to build out the network. A deal with General Motors will see the company add over 2,700 additional fast-charging locations. EVgo also has a deal with Nissan that gives $250 charging credits to customers. The company is also the first charging network with integrated Tesla connectors. Going forward, over 770 connectors are being added to chargers to help Tesla customers. In the electric vehicle charging market, EVgo competes with Blink Charging (NASDAQ: BLNK), Electrify America, which is owned by Volkswagen (OTC: VWAGY) and ChargePoint, which is merging with SPAC Switchback Energy Acquisition Corp (NYSE: SBE). EVBox Group, which is going public with SPAC TPG Pace Beneficial Finance Corp (NYSE: TPGY), could also soon be a competitor as it seeks to enter the U.S. market. ChargePoint and EVBox both have hundreds of thousands of charging stations. EVgo is the leader in DCFC trailing only Tesla by the number of locations with fast charging stations. Chargepoint had 731 locations as of June, Electrify America had 438 and Blink was part of a combined group that had 140 DCFC. One notable difference between the competitors is an area of concern for EVgo. Despite its lead in the number of DCFC locations, EVgo has less connections than rivals due to an average of 1.7 per location. EVgo’s total of 1,338 ranked behind Electrify America’s 1,807 and ChargePoint’s 1,614. The industry average was 3.8 connections per charging location. EVgo is working on expanding the number of connections per location in the future with future spots having four, six or eight charging connectors. EVgo also prides itself in a 98% uptime rating. Customer satisfaction scores reflect the uptime with EVgo scoring an 8.5 out of 10 for customer satisfaction compared to 8.0 for Electrify America, 7.6 for ChargePoint and 7.0 for Blink Charging. Benzinga’s Take: There could be room for several charging infrastructure stocks to gain on the continued rollout of the additional thousands of stations promised by President Joe Biden. ChargePoint looks like it could be a big winner with its large number of stations and lead in the total number of DCFC connectors. EVgo could be a winner as it works with partners like GM and Tesla to rollout additional DCFC locations and add Tesla connectors going forward. Share Performance: CLII shares have more than doubled since announcing the deal. Switchback shares are up nearly 300% in the last year. Blink Charging shares are up over 2,000% over the last year. See more from BenzingaClick here for options trades from BenzingaPalihapitiya Announces New PIPE Climate Investment: Who Could It Be?© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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