Top 10 Companies in the Bismuth Carboxylate Catalyst Industry (2026): Market Leaders Driving Green Chemistry

In Business Insights
February 10, 2026


The Global Bismuth Carboxylate Catalyst Market was valued at USD 260 Million in 2025 and is projected to reach USD 354 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period (2024–2034). This robust growth is primarily driven by stringent global environmental regulations phasing out toxic heavy metal catalysts, coupled with the expanding polyurethane industry’s demand for sustainable and efficient catalytic solutions.

As the chemical manufacturing sector accelerates its shift towards green chemistry principles, the focus intensifies on the key catalyst producers who are pioneering non-toxic, high-performance alternatives. In this blog, we profile the Top 10 Companies in the Bismuth Carboxylate Catalyst Industry—a dynamic mix of established specialty chemical giants and innovative manufacturers shaping the future of sustainable catalysis.


🔟 1. King Industries

Headquarters: Norwalk, Connecticut, USA
Key Offering: K-KAT® Catalysts (Bismuth Carboxylates), Specialty Catalysts

King Industries is a globally recognized pioneer and leading supplier of specialty catalysts, with its K-KAT® line of bismuth carboxylates being a cornerstone of its portfolio. The company is renowned for its deep technical expertise and high-performance catalyst solutions tailored for polyurethane, coatings, and adhesive applications. Their products are celebrated for providing excellent catalytic activity while enabling formulators to meet stringent environmental and health standards.

Innovation & Sustainability Initiatives:

  • Development of high-purity, low-color bismuth carboxylates for demanding applications

  • Strategic focus on creating non-toxic alternatives to lead, mercury, and tin-based catalysts

  • Strong investment in R&D to enhance catalyst efficiency and application range

Download FREE Sample Report: Bismuth Carboxylate Catalyst Market – View in Detailed Research Report


9️⃣ 2. The Shepherd Chemical Company

Headquarters: Cincinnati, Ohio, USA
Key Offering: Bismuth Neodecanoate, Bismuth Octoate, Metal Carboxylates

The Shepherd Chemical Company is a major US-based manufacturer of metal-based chemicals, including a comprehensive range of bismuth carboxylate catalysts. With vertically integrated manufacturing capabilities, the company serves diverse markets, including polymers, coatings, and specialty chemicals. Their expertise in metal organic chemistry positions them as a key supplier of reliable and high-quality bismuth catalysts.

Innovation & Sustainability Initiatives:

  • Production of catalysts with varying bismuth content to meet specific customer needs

  • Commitment to sustainable manufacturing practices and product stewardship

  • Focus on supplying the North American market with domestically produced, compliant catalysts


8️⃣ 3. Umicore

Headquarters: Brussels, Belgium
Key Offering: Bismuth-based Catalysts, Precious Metal Catalysts

Umicore, a global materials technology and recycling group, brings its extensive expertise in catalysis to the bismuth carboxylate market. While renowned for its automotive catalysts and precious metals, Umicore also supplies high-performance bismuth catalysts for various chemical syntheses. Their strong R&D focus and global presence make them a significant player in providing advanced catalytic solutions.

Innovation & Sustainability Initiatives:

  • Leveraging cross-technology expertise from precious metal catalysis

  • Commitment to circular economy principles in material sourcing and production

  • Development of catalysts that enhance process efficiency and reduce environmental impact


7️⃣ 4. TIB Chemicals AG

Headquarters: Mannheim, Germany
Key Offering: TIBCAT® Bismuth Catalysts, Metal Soaps

TIB Chemicals AG is a leading German specialty chemicals company with a strong focus on metal carboxylates and catalysts. Their TIBCAT® range includes specialized bismuth carboxylates designed for polyurethane and other applications requiring non-toxic metal catalysts. The company’s technical expertise and customer-centric approach have established it as a key supplier in the European market and beyond.

Innovation & Sustainability Initiatives:

  • Specialization in tailored catalyst solutions for specific polyurethane formulations

  • Focus on developing catalysts that comply with the strictest European regulations (REACH)

  • Investment in application technology to support customers in transitioning to bismuth-based systems

Download FREE Sample Report: Bismuth Carboxylate Catalyst Market – View in Detailed Research Report


6️⃣ 5. Borchers (A Milliken & Company Brand)

Headquarters: Charlotte, North Carolina, USA
Key Offering: Borchi® Catalysts, Additives for Coatings & Inks

Borchers, as part of Milliken & Company, is a globally active specialist in additives and catalysts for coatings, inks, and adhesives. The company’s Borchi® catalyst line includes bismuth-based products known for their high performance and reliability. Borchers leverages Milliken’s extensive research capabilities to innovate and provide solutions that address the evolving needs of the market for safer catalysts.

Innovation & Sustainability Initiatives:

  • Development of catalysts that offer improved processing windows and final product properties

  • Alignment with Milliken’s sustainability goals to create products that support a healthier world

  • Strong technical service to help formulators optimize their recipes with bismuth catalysts


5️⃣ 6. Evonik Industries AG

Headquarters: Essen, Germany
Key Offering: Specialty Catalysts, Polyurethane Additives

Evonik is a world leader in specialty chemicals, with a significant presence in the polyurethane value chain. The company offers a range of performance catalysts, including bismuth-based options, which are integral to producing high-quality polyurethane foams and elastomers. Evonik’s global scale and application knowledge make it a critical partner for industries seeking advanced catalytic solutions.

Innovation & Sustainability Initiatives:

  • Integration of bismuth catalysts into broader systems for polyurethane applications

  • Focus on creating sustainable solutions that reduce the carbon footprint of downstream products

  • Extensive R&D efforts aimed at improving catalyst activity and selectivity


4️⃣ 7. Shanghai Zhengui New Material Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Bismuth Carboxylates, Metal Organic Compounds

Shanghai Zhengui New Material is a prominent Chinese manufacturer specializing in metal organic compounds, including a wide array of bismuth carboxylate catalysts. The company caters primarily to the robust polyurethane and coatings markets in Asia, offering cost-effective and reliable catalytic solutions. Its strategic location in a major chemical industry hub allows for strong supply chain integration.

Innovation & Sustainability Initiatives:

  • Focus on scaling production to meet the high demand from Asia’s growing manufacturing sector

  • Development of products that help local manufacturers comply with environmental standards

  • Investment in production technology to ensure consistent product quality


3️⃣ 8. Yourun Synthetic Material Co., Ltd.

Headquarters: Jiangsu, China
Key Offering: Bismuth Octoate, Bismuth Neodecanoate

Yourun Synthetic Material is a key player in China’s chemical industry, specializing in the production of various metal carboxylates. The company has established itself as a significant supplier of bismuth carboxylate catalysts, particularly to the domestic polyurethane foam and coating sectors. Their competitive pricing and responsive service make them a favoured choice for many regional manufacturers.

Innovation & Sustainability Initiatives:

  • Expansion of production capacity to capitalize on the shift towards non-toxic catalysts in China

  • Efforts to improve product purity and performance characteristics

  • Strategic focus on serving the fast-growing Asian market


2️⃣ 9. Shandong Lanyue New Material Technology Co., Ltd.

Headquarters: Shandong, China
Key Offering: Bismuth-based Catalysts, Chemical Intermediates

Shandong Lanyue New Material Technology is an emerging manufacturer in the Chinese market, focusing on new material technologies, including bismuth carboxylates. The company is actively contributing to the supply of alternatives to heavy metal catalysts, supporting the green transformation of the regional chemical industry. Its growth is fueled by the increasing environmental awareness and regulatory changes within China.

Innovation & Sustainability Initiatives:

  • Ramping up production to meet the surge in demand for eco-friendly catalysts

  • Focus on technological advancements to enhance product efficacy

  • Building a strong distribution network within China and neighbouring countries


1️⃣ 10. Other Prominent Players

The market also includes several other significant regional players and emerging companies that contribute to the global supply of bismuth carboxylate catalysts. These companies often specialize in serving specific geographic markets or niche applications, adding to the competitive dynamics and ensuring a diverse supply base for global formulators seeking reliable, non-toxic catalytic solutions.

Market Role & Focus:

  • Fill specific regional and application gaps in the global supply chain

  • Often compete on agility, customized solutions, and competitive pricing

  • Contribute to the overall innovation and accessibility of bismuth carboxylate technology

Get Full Report Here: Bismuth Carboxylate Catalyst Market – View in Detailed Research Report


🌍 Outlook: The Future of Catalysis is Sustainable and Efficient

The bismuth carboxylate catalyst market is undergoing a significant transformation. While traditional metal catalysts still hold a share in certain legacy applications, the industry is rapidly investing in non-toxic alternatives, advanced formulations, and global production capacity to meet regulatory and sustainability demands.

📈 Key Trends Shaping the Market:

  • Accelerated regulatory phase-out of lead, mercury, and organotin catalysts globally

  • Growing adoption of bismuth carboxylates in high-growth polyurethane applications (flexible & rigid foam)

  • Increasing R&D focused on enhancing the activity and selectivity of bismuth catalysts

  • Strategic expansions and partnerships among key players to secure market position

Get Full Report Here: Bismuth Carboxylate Catalyst Market – View in Detailed Research Report

The companies listed above are not only supplying essential catalysts—they are actively enabling the green transformation of the global chemical industry.