Fuel Cell & EV Boom Drives Catalyst & Auxiliary Chemicals Market Growth
Global EV Catalysts and Auxillary Chemicals market was valued at USD 2,500 million in 2025. The market is projected to grow from USD 2,600 million in 2026 to USD 5,100 million by 2034, exhibiting a CAGR of 8.5% during the forecast period. EV catalysts are specialized compounds-such as platinum‑group metal (PGM) catalysts-used in fuel‑cell stacks to accelerate the oxygen‑reduction reaction,...
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