Middle-East and Africa Refining Catalysts Market cover

Middle-East and Africa Refining Catalysts Market by Ingredient (Zeolites, Metals, and Chemical Compounds), Type (Fluid Catalytic Cracking Catalysts, Reforming Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Isomerization Catalysts, and Alkylation Catalysts), and Geography (Saudi Arabia, Kuwait, Qatar, Nigeria, United Arab Emirates, and Rest of Middle-East and Africa) -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-1776
  • Author: Growth Market Reports
  • Rating: 4.9
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  • No. Of Pages: 194
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Middle-East and Africa refining catalysts market size is estimated to register a substantial CAGR of over 3% during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for higher octane fuels and increasing investments in refineries.

A refining catalyst refers to the substance that is used to transform petroleum refinery naphtha’s into a high-octane liquid product, known as reformats. Besides, it also converts low octane hydrocarbons into cyclic naphthalene and other branched alkanes. With the help of refining catalyst, the companies can produce high valued elements that are used in, diesel, petrochemicals and gasoline. Refinery catalysts see predominant usage in petroleum refineries, where they are used to enhance the quality of gasoline products and alter the rate of chemical reactions

Middle-East and Africa Refining Catalysts Market summary

Refinery catalysts also increase the operational efficiency of valuable hydrocarbons. Furthermore, they also minimize the adverse effects of products such as gasoline and diesel on the environment by assisting in the removal of sulfur from crude oil. In petroleum refineries, they are used in hydrotreating, hydrocracking, fluid catalytic cracking, and alkylation processes. Refinery catalysts are provided across petroleum refineries to help refiners meet fuel standards, manage operational efficiency, enhance yield and conversion, without affecting the environment. The refinery catalysts are widely used to counter issues such as metal contamination and heat balance effect in tight oil processing.

The Covid-19 pandemic had an adverse impact on the refining catalysts market. The production and supply in the market has been on halt owing to lockdown; however, the government’s steps and strategies have helped to neutralised the situation. This pandemic has encouraged the key players to implement advance technologies to overcome these challenges and expand the market growth.

Market Trends, Drivers, Restraints, and Opportunities

  • The growing demand for cleaner petroleum products and surging oil and gas-related activities are expected to drive the market during the forecast period.
  • Globalization and surging population around the world are estimated to boost the refining catalysts market in coming years.
  • Volatility in precious metal prices is likely to impede the market growth.
  • R&D investment and technological advancement in refining catalysts market are expected to offer lucrative opportunities for the market players.

Scope of the Report

The report on Middle-East and Africa refining catalysts market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Middle-East and Africa Refining Catalysts Market Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Ingredient (Zeolites, Metals, and Chemical Compounds), Type (Fluid Catalytic Cracking Catalysts, Reforming Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Isomerization Catalysts, and Alkylation Catalysts)

Geography

Saudi Arabia, Kuwait, Qatar, Nigeria, United Arab Emirates, and Rest of Middle-East and Africa.

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

BASF SE, Albemarle Corporation, Haldor Topsoe A/S, and W.R. Grace & Co.-Conn.

Market Segment insights

The zeolites segment is projected to constitute a large market share

Based on ingredient, the Middle-East and Africa refining catalysts market is segregated into zeolites, metals, and chemical compounds. The zeolites segment is expected to account for a key share of the market during the forecast period owing to its application in almost all types of refining units with major consumption in fluidized catalytic cracking units. 

The fluid catalytic cracking catalysts segment is expected to register a substantial CAGR

Based on type, the Middle-East and Africa refining catalysts market is divided into fluid catalytic cracking catalysts, reforming Catalysts, hydrotreating catalysts, hydrocracking catalysts, isomerization catalysts, and alkylation catalysts. The fluid catalytic cracking catalysts segment accounts for a key share of the market and is estimated to propel even further over the forecast period owing to its applications such as producing lighter products from crude oil, converting a variety of feed types, such as gas oil, cracked gas oil, deasphalted gas oils, vacuum/atmospheric resins, and others, into lighter and high-value products, such as LPG, diesel oil, jet fuel, kerosene, and gasoline

Middle-East and Africa Refining Catalysts Market type

Saudi Arabia is expected to dominate the market

In terms of geography, the market is broadly classified into Saudi Arabia, Kuwait, Qatar, Nigeria, United Arab Emirates, and Rest of Middle-East and Africa. The market in Saudi Arabia is anticipated to expand at a robust CAGR during the forecast period. Growing transportation, electricity generation along with domestic demand resulting from rising population, industrial production, and increasing income in this region is expected to drive the market growth in near future. Furthermore, various government policies in oil refinery sector along with company acquisitions have positive impact on the market.

Middle-East and Africa Refining Catalysts Market geography

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refining Catalysts Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Refining Catalysts Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Refining Catalysts Market - Supply Chain
  4.5. Global Refining Catalysts Market Forecast
     4.5.1. Refining Catalysts Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Refining Catalysts Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Refining Catalysts Market Absolute $ Opportunity
5. Global Refining Catalysts Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Refining Catalysts Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Refining Catalysts Demand Share Forecast, 2019-2026
6. North America Refining Catalysts Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Refining Catalysts Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Refining Catalysts Demand Share Forecast, 2019-2026
7. Latin America Refining Catalysts Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Refining Catalysts Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Refining Catalysts Demand Share Forecast, 2019-2026
8. Europe Refining Catalysts Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Refining Catalysts Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Refining Catalysts Demand Share Forecast, 2019-2026
9. Asia Pacific Refining Catalysts Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Refining Catalysts Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Refining Catalysts Demand Share Forecast, 2019-2026
10. Middle East & Africa Refining Catalysts Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Refining Catalysts Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Refining Catalysts Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Refining Catalysts Market: Market Share Analysis
  11.2. Refining Catalysts Distributors and Customers
  11.3. Refining Catalysts Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. BASF SE
     11.4.2. Albemarle Corporation
     11.4.3. Haldor Topsoe A/S
     11.4.4. W.R. Grace & Co.-Conn.

Segments Covered in the Report

The Middle-East and Africa refining catalysts market has been segmented on the basis of:

Ingredient

  • Zeolites
  • Metals
  • Chemical Compounds

Type

  • Fluid Catalytic Cracking Catalysts
  • Reforming Catalysts
  • Hydrotreating Catalysts
  • Hydrocracking Catalysts
  • Isomerization Catalysts
  • Alkylation Catalysts

Geography

  • Saudi Arabia
  • Kuwait
  • Qatar
  • Nigeria
  • United Arab Emirates
  • Rest of Middle-East and Africa.

Key Companies

  • BASF SE
  • Albemarle Corporation
  • Haldor Topsoe A/S
  • W.R. Grace & Co.-Conn.

Key players competing in the Middle-East and Africa refining catalysts market include BASF SE, Albemarle Corporation, Haldor Topsoe A/S, and W.R. Grace & Co.-Conn.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.

Middle-East and Africa Refining Catalysts Market keyplayers

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