• The global Raney Nickel Catalyst Market was valued at US$ 1,274 million in 2024 and is projected to reach US$ 1,753 million by 2030, growing at a CAGR of 5.5% during the forecast period. Increasing demand from pharmaceuticals, petrochemicals, and food processing industries is expected to drive this growth.
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• Raney Nickel is a solid catalyst composed of fine grains of a nickel-aluminum alloy, extensively used in industrial processes, particularly hydrogenation reactions. Developed in 1926 by Murray Raney, this catalyst is characterized by its porous structure, high surface area, and exceptional catalytic activity.
• Q1: What is the Raney Nickel Catalyst Market size?
• ➣ The market was valued at USD 1,274 million in 2024 and is projected to reach USD 1,753 million by 2030, with a CAGR of 5.5%.
• Q2: What is Raney nickel catalyst used for?
• ➣ It is primarily used for hydrogenation, desulfurization, and reductive amination in industries like pharmaceuticals, petrochemicals, and food processing.
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