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Stock impact report

Global Platinum-Based Catalysts Market Intelligence Report 2025-2034 - Investments in Green Hydrogen, Electric Vehicles, and Sustainable Aviation Fuels Driving the Industry [Yahoo! Finance...

Thermo Fisher Scientific Inc (TMO) 
Last thermo fisher scientific inc earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The platinum-based catalysts market has experienced robust growth recently, with its value expected to expand from $3.67 billion in 2024 to $3.91 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. This previous growth is primarily driven by the automotive industry's demand, stricter environmental regulations, fuel cell technology adoption, and the usage of platinum catalysts in petroleum refining and clean energy solutions. Looking forward, the market is projected to reach $4.98 billion by 2029, growing at a CAGR of 6.3%. This anticipated growth is attributed to investments in green hydrogen infrastructure, the increasing adoption of electric and low-emission vehicles, the demand for sustainable aviation fuels, and a focus on carbon-neutral technologies. Key trends expected include advancements in catalyst formulations, innovative manufacturing processes, recycling technologies, and efforts to optimize catalyst performance. The automotive industry, particularly, pla Show less Read more
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