Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen – is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Catalysts are required for the reaction to be usable; non-catalytic hydrogenation takes place only at very high temperatures. Hydrogenation reduces double and triple bonds in hydrocarbons.
The top 3 players Clariant, Johnson Matthey and Advanced Refining Technologies (ART) takes a combined global market share of 41% in 2018.

Market Analysis and Insights: Global Hydrogenation Catalyst Market
In 2019, the global Hydrogenation Catalyst market size was US$ 3048.2 million and it is expected to reach US$ 3843.7 million by the end of 2026, with a CAGR of 3.3% during 2021-2026.
Global Hydrogenation Catalyst Scope and Market Size
Hydrogenation Catalyst market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Hydrogenation Catalyst market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the Hydrogenation Catalyst market is segmented into
Transition Metal Based Catalysts
Noble Metal Based Catalyst
Other
Transition metal based catalyst is the major type of catalyst which takes market share of 92.10% in 2018.

Segment by Application, the Hydrogenation Catalyst market is segmented into
Refining
Petrochemicals
Oil & Fat Hydrogenation
Other
53.91% of the hydrogenation catalyst market demand (revenue) in refining, 27.71% in petrochemicals, and 9.92% in oil & fat hydrogenation in 2018.

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and Hydrogenation Catalyst Market Share Analysis
Hydrogenation Catalyst market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Hydrogenation Catalyst product introduction, recent developments, Hydrogenation Catalyst sales by region, type, application and by sales channel.

The major companies include:
BASF
Clariant
Evonik
Advanced Refining Technologies (ART)
Criterion
Johnson Matthey
Axens
UOP
Haldor Topsoe
Albemarle
Sinopec
CNPC
SJEP