Global Catalyst Fertilizers Market: Industry Analysis and Forecast (2019-2027)

High growth in R&D activity to improve the quality and functionality of catalyst will offer the tremendous opportunity for the manufacturers.
Based on the Fertilizer production process, the Haber-Bosch process is projected to witness the fastest growth during the forecast period. Ammonia is one of the largest inorganic chemical produced across the globe through the Haber-Bosch process and approximately 80% of the entire ammonia produced by Haber-Bosch process. Further, the increasing emissions of NOX and N2O into the environment from ammonia production, emission controlling catalysts have also been developed and are increasingly adopted in conjunction with synthesis catalysts.

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