Aluminum Nickel Catalysts Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Application (Hydrogenation, Desulfurization, and Dehydrogenation), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa)

Market Snapshot

Aluminum Nickel Catalysts Market- Market Summary
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Asia Pacific
CAGR: >4 %

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Market Overview

The market for aluminum nickel catalysts market is expected to grow at a CAGR of over 4% during the forecast period. The major factor driving the growth of the market studied is the augmenting demand for hydrogenation reactions. On the flipside, low stability and safety issues related to aluminum nickel catalysts are expected to hinder the growth of the market studied.

  • Booming natural gas production to provide future opportunities for hydrodesulfurization is likely to provide a major growth opportunity for the market studied during the forecast period.
  • The hydrogenation segment accounted for the largest share, holding around 73% of the total market share.

Scope of the report

The aluminum nickel catalysts market report include:

Application
Hydrogenation
Desulfurization
Dehydrogenation
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
France
Italy
Spain
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Soaring Demand From Hydrogenation Applications

  • Aluminum nickel catalyst (Raney nickel catalyst) is mostly composed of nickel derived from nickel and aluminum alloy in the presence of concentrated sodium hydroxide (NaOH). 
  • The aluminum nickel catalyst is majorly used in the hydrogenation of a large number of functional groups, including carbon-carbon double bond, nitro, azide, nitrile, oxime groups. Moreover, this catalyst is also used in hydrogenation reactions, which involve very high pressure and temperature.
  • Additionally, aluminum nickel catalysts are also used in a range of other hydrogenation applications, including nitro compounds, amines, carbonyls, alcohols, nitriles, amines, olefins, acetylenes, and saturates. Also, they are widely used in reductive alkylation, reductive amination, and ammonolysis of alcohol.
  • The final use of these hydrogenation reactions is majorly found in food processing, petrochemical, and petroleum industry.
  • In the petroleum industry, hydrogenation is used in a process called hydrocracking, which breaks heavy crude’s long hydrogen carbon chains into lighter petroleum products, such as diesel, gasoline, and jet fuel.
  • Such industrial applications of hydrogenation are expected to drive the market for aluminum nickel catalyst during the forecast period.
Aluminum Nickel Catalysts Market Application Share

Asia-Pacific to Dominate the Market

  • Asia-Pacific region dominated the market with a  share of almost 30% with China and India being the major consumers of the market.
  • For instance, most of the caprolactam is synthesized from cyclohexanone, which utilizes catalysts, like Aluminum-Nickel. The caprolactam production in China has been on rise, due to increased demand from Nylon-6 production.
  • The caprolactam production capacity of China has increased by over 30% in 2019, from 2017 level in the country. The production capacity is expected to increase further over the next 5 years.
  • Aluminum-Nickel Catalysts are used in the production of Sorbitol. China is the major producer of sorbitol in the world. It accounts for around 40-45% of the global production capacity of the sorbitol. 
  • Additionally, The sales volume of margarine and spreads in India increased by over 80%, in the last fiver years, owing to the increased penetration of western foods in India.
  • Evonik is the largest supplier of aluminum-nickel catalysts in India, followed by Vineeth Precious Catalysts Pvt Ltd.
  • All these factors are expected to increase the demand for Aluminum-Nickel catalysts 
Aluminum Nickel Catalysts Regional Trends

Competitive Landscape

The global Aluminium nickel catalysts market is partially consolidated, as top five companies in the market account for approximately ~52% of the market. Some of the major players in the market studied include BASF SE, Clariant, W. R. Grace & Co, Johnson Matthey, and Haldor Topsoe AS, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Report

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Augmenting Demand for Hydrogenation Reactions

    2. 4.2 Restraints

      1. 4.2.1 Low Stability and Safety Issues

      2. 4.2.2 Impact of COVID-19 Pandemic

    3. 4.3 Industry Value-chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Raw Material Analysis

    6. 4.6 Patent Analysis

    7. 4.7 Catalyst Replacement Rate/Catalyst Average Life Span

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Hydrogenation

      2. 5.1.2 Desulfurization

      3. 5.1.3 Dehydrogenation

    2. 5.2 Geography

      1. 5.2.1 Asia-Pacific

        1. 5.2.1.1 China

        2. 5.2.1.2 India

        3. 5.2.1.3 Japan

        4. 5.2.1.4 South Korea

        5. 5.2.1.5 Rest of Asia-Pacific

      2. 5.2.2 North America

        1. 5.2.2.1 United States

        2. 5.2.2.2 Canada

        3. 5.2.2.3 Mexico

      3. 5.2.3 Europe

        1. 5.2.3.1 Germany

        2. 5.2.3.2 France

        3. 5.2.3.3 Italy

        4. 5.2.3.4 Spain

        5. 5.2.3.5 Russia

        6. 5.2.3.6 Rest of Europe

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Rest of South America

      5. 5.2.5 Middle-East and Africa

        1. 5.2.5.1 Saudi Arabia

        2. 5.2.5.2 South Africa

        3. 5.2.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Ranking Analysis

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Alfa Aesar, Thermo Fisher Scientific

      2. 6.4.2 Axens

      3. 6.4.3 BASF SE

      4. 6.4.4 Clariant

      5. 6.4.5 Evonik Industries AG

      6. 6.4.6 Haldor Topsoe AS

      7. 6.4.7 Hangzhou JiaLi Metals Sci&Tech Limited Corporation

      8. 6.4.8 Johnson Matthey

      9. 6.4.9 Merck KGaA

      10. 6.4.10 Vineeth Precious Catalysts Pvt Ltd

      11. 6.4.11 W. R. Grace & Co

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Booming Natural Gas Production to Provide Future Opportunities for Hydrodesulfurization

**Subject to Availability

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Frequently Asked Questions

The Aluminum Nickel Catalysts Market market is studied from 2016 - 2026.

The Aluminum Nickel Catalysts Market is growing at a CAGR of >4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

BASF SE, Clariant, Haldor Topsoe A/S, Johnson Matthey, W. R. Grace & Co.-Conn. are the major companies operating in Aluminum Nickel Catalysts Market.

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