In 2023, the import volume of supported catalysts, excluding nickel or precious metal compounds, to the US stood at approximately 41.208 million kilograms. The forecast data from 2024 to 2028 shows a consistent year-on-year growth, reflecting a steady increase in demand for these catalysts. The year-on-year growth rates are as follows: 1.89% in 2024, 1.89% in 2025, 1.82% in 2026, 1.75% in 2027, and 1.68% in 2028. The compound annual growth rate (CAGR) for this period is approximately 1.81%, indicating stable market growth.
Looking ahead, key trends to monitor include technological advancements in catalyst efficiency, shifts in industrial demand due to evolving environmental regulations, and potential impacts of geopolitical events on supply chains. These factors could influence future import volumes and market dynamics.
