Refinery Catalyst Market Size Poised to Touch US$5.8 Bn up to 2026

Refinery Catalyst

The global refinery catalyst market is likely to exceed revenue of $5.8 billion by 2026, according to a study produced by Acumen Research and Consulting, The industry also reflects the CAGR of 3.7% during 2019-2026. The report provides analysis of global Refinery Catalyst market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.

The rates of chemical reactions in refineries are commonly used by refineries in petroleum refinery due to their ownership. In addition, the quality of the petrol products generated by FCC and hydro processing will be improved. The market for refinery catalysts is known to minimize environmental adverse effects of petrol and diesel. They assist to remove sulfur from crude oil. The development of the world catalyst refinery industry is primarily due to strict public rules on the use of crude petroleum products.

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In terms of cost and time effectiveness, catalyst improves the rate of chemical reactions and is regarded as a critical aspect of the method. In refineries, refinery catalysts are used to convert petroleum product from crude to elevated octane liquids (kerosene, oil, diesel) to other liquid products. These catalysts are used for a variety of procedures, including hydrotreating and hydrocracking.

The increased demand for cleaner oil products is the key driver for the development in the worldwide catalyst refining industry during the evaluation period. In addition, the increasing population worldwide has caused the power needs, which contribute to the market development. Furthermore, the increasing operations associated with petroleum and gas are also likely to boost demand for refinery catalysts during the forecast era, particularly in the developing Asia Pacific region.

Hydrocracking catalyst segment is expected to exhibit the highest growth during the forecast period. The hydrocracking catalysts are widely used because it produces no coke as a by-product and thus the feedstock is efficiently conversioned. The ingredient represented the biggest share of the metal segment in 2018 and is expected to show the same trend in the forecast period. The metals are extremely used for hydrocracking and hydrotreating in the removal and reduction of unwanted particles.

Asia Pacific is the biggest market and is anticipated to develop during the evaluation period in an increasing CAGR. The existence of the most populous countries has increased energy demand in the region, an important driver of demand for the catalyst refinery in the region. Moreover there is a positive impact on market growth in the fast development of polymer production and refining businesses in the region. In addition, it is estimated that the existence of the region’s biggest refinery will also lead to demand for catalysts. Due to increasing oil and gas exploration operations, the Middle East is anticipated to develop in a constant CAGR. Another dominant market for refinery catalysts is the North American area. The latest shale gas boom in the area has increased refinery catalyst requirements primarily in the United States. In addition, there are substantial revenues for the refinery catalyst industry under the strict laws for using raw emissions.

Refinery catalysts are used as light derivatives with a relatively small boiling point fraction to disintegrate heavier hydrocarbons. The industry has been motivated mainly by the increasing demand in China, Japan and India from the automotive sector. They focus on improving their refining capabilities to satisfy the increasing demand, which in the next few years can have a positive effect on product supply. The refinery catalyst development of the industry over a projected period will be further marked by strict legislation to control air pollution and carbon emissions by decreasing fuel sulphur content.

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Market Segment Analysis:

Acumen Research report focuses on market attractiveness by assessing the key market segments. The report also combines region-wise segments for a better understanding of the supply and demand ratio of this market. This exclusive study of the report analyzes the present and future market scenario and the industry trends that are influencing the growth of the segments. Besides, the report also covers the value chain analysis, supply chain analysis, and year-on-year basis analysis of this market.

Market Segmentation

Market, By Type

  • Alkylation
  • Fluid Catalytic Cracking
  • Reforming & Isomerization
  • Hydroprocessing

Market, By Material

  • Metal
  • Zeolite
  • Chemical Compound

Market, By Geography

  • North America.
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

The market research study on “Refinery Catalyst Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026” offers detailed insights on global Refinery Catalyst market segments with market dynamics and their impact. The report also covers basic technology development policies.

This study offers an assessment of the recent trends in the sector in each sub-segment from 2015 to 2026 and predicts income development at worldwide, regional and nation levels, respectively.

Key Players & Strategies

With the top five firms representing more than 50 per cent of the world markets, the worldwide refinery catalyst industry is extremely consolidated. Honeywell UOP, Haldor Topsoe, Albemarle, W.R. Grace & Co., Johnson Matthey, Axens, Clariant and BASF players are key players engaged in the industry. The businesses operate in collaboration with the refineries, thus preserving their market position to create better and more effective products.

Indian Oil Corp, one of India’s top oil refiners. In order to increase the refining ability in the nation in the next five years, Ltd announced its plan to invest INR 1,8 trillion, along with the development of refineries in Barauni and Gujarat.

In addition, Rotary Engineering Ltd, Singapore has signed an agreement of USD 1 billion with Dubai’s Emirates National Oil Co. (ENOC). Twelve storage tanks will be made by Rotary Engineering to store enhanced output of jet fuel, naphtha and petrol mixing. The market for refining catalysts in the area is anticipated to increase such investments during the forecast era.

TABLE OF CONTENT

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About Acumen Research and Consulting:

Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Refinery Catalyst
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Refinery Catalyst Market By Type
1.2.2.1. Global Refinery Catalyst Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Refinery Catalyst Market Revenue Share By Type in 2017
1.2.2.3. Alkylation
1.2.2.4. Fluid Catalytic Cracking
1.2.2.5. Reforming & Isomerization
1.2.2.6. Hydroprocessing
1.2.3. Refinery Catalyst Market By Material
1.2.3.1. Global Refinery Catalyst Market Revenue and Growth Rate Comparison By Material (2015-2026)
1.2.3.2. Global Refinery Catalyst Market Revenue Share By Material in 2017
1.2.3.3. Metal
1.2.3.4. Zeolite
1.2.3.5. Chemical Compound
1.2.4. Refinery Catalyst Market by Geography
1.2.4.1. Global Refinery Catalyst Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Refinery Catalyst Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Refinery Catalyst Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Refinery Catalyst Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Refinery Catalyst Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Refinery Catalyst Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Refinery Catalyst Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Refinery Catalyst Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Refinery Catalyst Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Refinery Catalyst Major Manufacturers in 2017

CHAPTER 4. REFINERY CATALYST MARKET BY TYPE

4.1. Global Refinery Catalyst Revenue By Type
4.2. Alkylation
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. Fluid Catalytic Cracking
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Reforming & Isomerization
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.5. Hydroprocessing
4.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. REFINERY CATALYST MARKET BY MATERIAL

5.1. Global Refinery Catalyst Revenue By Material
5.2. Metal
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Zeolite
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Chemical Compound
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. NORTH AMERICA REFINERY CATALYST MARKET BY COUNTRY

6.1. North America Refinery Catalyst Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2. North America Refinery Catalyst Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Refinery Catalyst Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)

CHAPTER 7. EUROPE REFINERY CATALYST MARKET BY COUNTRY

7.1. Europe Refinery Catalyst Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. Europe Refinery Catalyst Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.6.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
7.7.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC REFINERY CATALYST MARKET BY COUNTRY

8.1. Asia-Pacific Refinery Catalyst Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Asia-Pacific Refinery Catalyst Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
8.8.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)

CHAPTER 9. LATIN AMERICA REFINERY CATALYST MARKET BY COUNTRY

9.1. Latin America Refinery Catalyst Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Latin America Refinery Catalyst Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)

CHAPTER 10. MIDDLE EAST REFINERY CATALYST MARKET BY COUNTRY

10.1. Middle East Refinery Catalyst Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Middle East Refinery Catalyst Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)

CHAPTER 11. AFRICA REFINERY CATALYST MARKET BY COUNTRY

11.1. Africa Refinery Catalyst Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Africa Refinery Catalyst Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Type, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Material, 2015 – 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Honeywell UOP
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Haldor Topsoe
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Albemarle
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. W.R. Grace & Co.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Johnson Matthey
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Axens
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Clariant
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. BASF
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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