Future India Catalysts Market: Key Dynamics, Size & Share Analysis
The India Catalysts Market size is valued at around USD 1,517 million in 2025 and is expected to reach USD 2,017 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.86% during the forecast period, i.e., 2025-30.
Top Driver Impacting the India Catalysts Market Growth
Government Support for Domestic Chemical & Petrochemical Manufacturing – The market growth is primarily driven by the support for domestic chemical and petrochemical manufacturing via the Production Linked Incentives (PLI) schemes, which are expanding the capacity and adoption of efficient catalyst technologies as PLI schemes tie financial rewards to output. For instance, the government’s PLI expansion across 14 strategic sectors has already committed USD19.84 billion in investments to increase the manufacturing output, export potential, and upstream demand for chemical inputs. This is reducing the dependency on imports and benefiting local players from preferential treatment, lower duties, or subsidies, thereby making local catalyst production more competitive.
Moreover, the lower import barriers for certain chemical feedstocks are reducing costs for both catalyst producers and end users, thereby driving the market growth. This also includes the development of petrochemical investment regions, plastic parks, ports, and roads in the country. For instance, the domestic demand is increasing across downstream sectors such as automotive, pharmaceuticals, and specialty chemicals, thereby driving the need for catalysts that improve efficiency and lower emissions. Therefore, this is driving the size & volume of the Catalysts Industry in India.
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Understanding the Core Segments in the India Catalysts Market
India Catalysts Market Size, Share & Industry Trends Analysis – By Type (Heterogeneous, Homogeneous), By Process (Recycling, Regeneration, Rejuvenation), By End-User (Petrochemicals & Refining, Chemicals, Automotive, Pharmaceuticals, Others), and others
Geographical Analysis of the Smart Irrigation Market
-By Region
- North
- East
- South
- West
- Central
Who Dominates the India Catalysts Market Insights on Key Industry Players?
Companies are strengthening their presence in the India Catalysts market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services
- Albemarle
- Axens
- BASF Catalysts India
- Clariant
- Deepak Nitrite
- Ecovyst/Zeolyst International
- Evonik
- Gulbrandsen
- Haldor Topsoe
- Honeywell (UOP/Honeywell Process)
- Indian Oil Corporation (IOC)
- Johnson Matthey
- LANXESS
- Shell
- R. Grace & Co.
- Others
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