Global Methanation Catalyst Market Size & Share, Growth Trends 2029 Forecast: Market Size Expected to Reach $353 Million by 2029
In recent years, the global methanation catalyst market has shown a slow but stable growth trend. According to our research data, the estimated global methanation catalyst market size in 2024 is $316 million, an increase of 1.73% from 2023, and is expected to continue growing to $353 million by 2029. The CAGR for 2024-2029 is estimated to be 2.24%.
Methanation catalyst is a chemical substance used to promote the hydrogenation conversion of carbon monoxide (CO) and carbon dioxide (CO2) to methane (CH4). This process is called methanation, which can reduce carbon oxides to extremely low levels, but requires the consumption of hydrogen gas.
Related?Market?Research?Report:?2024 Global Methanation catalyst Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast
Methanation catalysts are mainly based on transition metals such as Ni, Rh, Ru, and Pd, among which Ni based catalysts are widely used due to their high activity and selectivity. The carrier of catalysts is usually Al2O3, SiO2, TiO2, MgO, etc., which are loaded with metals through impregnation or co precipitation methods, and then calcined and reduced to obtain them. In addition, there are also some supported catalysts derived from metal cluster compounds, amorphous alloy catalysts, etc.
Market Segmentation by Company
Segmented Market Analysis
From the perspective of product types, methanation catalysts can be classified into aluminum oxide carrier methanation catalysts, composite carrier methanation catalysts, and other types based on the type of carrier. Among them, aluminum oxide carrier methanation catalysts dominate the market, with an expected market share of 92.54% by 2024.
From the perspective of downstream application patterns, methanation catalysts are mainly used in the fields of synthesis natural gas (SNG) and synthesis gas purification. Among them, the SNG sector holds the highest market share in downstream applications, estimated at 50.82% in 2024.
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Market Segmentation by Classification
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Market Segmentation by End-Users
Global Methanation Catalyst Market size Forecast and Market Segment Analysis
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Market Analysis of Major Regions
From a regional perspective, the global methanation catalyst market is mainly concentrated in North America, Europe, and the Asia Pacific region. Among them, the Asia Pacific region is the largest sales market. Data shows that the sales volume of methanation catalysts in the Asia Pacific region is expected to reach 5384 tons in 2024, accounting for an estimated 39.06% of the global total sales; Europe and North America are expected to rank second and third with sales proportions of 25.25% and 24.54%, respectively.
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