Materials chemistry involves the synthesis and study of materials that have interesting and potentially useful electronic, magnetic, optical, and mechanical properties. Material chemistry is one of the most talked topics in the last few years. They are the new branch of materials science which take advantage of new developments in chemistry. In fact, chemistry may provide a complete new board of materials for materials scientists and engineers to use. Chemistry began, and largely continues today, to be inextricably associated with preparing, processing, and utilizing materials. Much of the focus of materials chemistry in discovering and developing materials that may be exploited for desired applications. Today, many materials chemists are synthesizing functional device materials, and the discipline is often seen as directed towards producing materials with function—electrical, optical, or magnetic. Material chemistry is involved in the designing and processing of materials. Global market for catalysts is expected to reach $28.5 billion by 2020, growing at a CAGR (2015 to 2020) of over 3%. Asia-Pacific is having the largest market for catalysts accounting for more than 35% share. Major players for Catalysts are Albemarle, Arkema, BASF, Chevron, Clariant, Dupont, Zeolyst International and others.