In 2024, the forecasted import value of supported catalysts with precious metal or precious metal compounds to the US is $375.33 million, down slightly from 2023 levels. From 2024 to 2028, a slight annual decrease is observed, with values reaching $373.48 million in 2028. The year-on-year variations display a minimal decline each year, exhibiting overall stability yet a marginal contraction over the five-year span. This results in a negative compound annual growth rate (CAGR), indicating a consistent but slight decrease in import values.

Future trends to watch for include:

Global precious metal market fluctuations impacting catalyst pricing and demand.
Technological advancements enhancing the efficiency and durability of catalysts.
Global regulatory changes influencing the demand for environmentally friendly catalysts.