Refining Catalysts Market Size, Share & Growth Report | 2030
Refining Catalysts Market Size, Share & Growth Report | 2030
Segments - 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 (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa) -Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
Upcoming
| Report ID :MC-1774
| 4.8 Rating
| 60 Reviews
| 184 Pages
| Format :
Report Description
The 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
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 the 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 |
Refining Catalysts Market –Global 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 |
Asia-Pacific, North America, Europe, South America, and 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, China Petroleum & Chemical Corporation, 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 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 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.
Asia pacific is expected to dominate the market
In terms of geography, the market is broadly classified into Asia-Pacific, North America, Europe, South America, and Middle-East and Africa. The market in Asia Pacific 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.
Segments
Segments Covered in the Report
The 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
- Asia-Pacific
- North America
- Europe
- South America
- Middle-East and Africa
Key Companies
- BASF SE
- Albemarle Corporation
- Haldor Topsoe A/S
- W.R. Grace & Co.-Conn.
- China Petroleum & Chemical Corporation
Competitive Landscape
Key players competing in the refining catalysts market include BASF SE, China Petroleum & Chemical Corporation, 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.
Table Of Content
1. Executive Summary2. 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 Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Refining Catalysts Market Size and Volume Forecast by Types
5.3.1. Fluid Catalytic Cracking Catalysts
5.3.2. Reforming Catalysts
5.3.3. Hydrotreating Catalysts
5.3.4. Hydrocracking Catalysts
5.3.5. Isomerization Catalysts
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Refining Catalysts Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Refining Catalysts Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Refining Catalysts Demand Share Forecast, 2019-2026
7. North 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
7.2. North America Refining Catalysts Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Refining Catalysts Market Size and Volume Forecast by Types
7.4.1. Fluid Catalytic Cracking Catalysts
7.4.2. Reforming Catalysts
7.4.3. Hydrotreating Catalysts
7.4.4. Hydrocracking Catalysts
7.4.5. Isomerization Catalysts
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Refining Catalysts Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
8.2. Latin America Refining Catalysts Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Refining Catalysts Market Size and Volume Forecast by Types
8.4.1. Fluid Catalytic Cracking Catalysts
8.4.2. Reforming Catalysts
8.4.3. Hydrotreating Catalysts
8.4.4. Hydrocracking Catalysts
8.4.5. Isomerization Catalysts
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Refining Catalysts Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
9.2. Europe Refining Catalysts Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Refining Catalysts Market Size and Volume Forecast by Types
9.4.1. Fluid Catalytic Cracking Catalysts
9.4.2. Reforming Catalysts
9.4.3. Hydrotreating Catalysts
9.4.4. Hydrocracking Catalysts
9.4.5. Isomerization Catalysts
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Refining Catalysts Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Refining Catalysts Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Refining Catalysts Market Size and Volume Forecast by Types
10.4.1. Fluid Catalytic Cracking Catalysts
10.4.2. Reforming Catalysts
10.4.3. Hydrotreating Catalysts
10.4.4. Hydrocracking Catalysts
10.4.5. Isomerization Catalysts
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Refining Catalysts Demand Share Forecast, 2019-2026
11. Middle East & Africa Refining Catalysts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Refining Catalysts Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Refining Catalysts Market Size and Volume Forecast by Types
11.4.1. Fluid Catalytic Cracking Catalysts
11.4.2. Reforming Catalysts
11.4.3. Hydrotreating Catalysts
11.4.4. Hydrocracking Catalysts
11.4.5. Isomerization Catalysts
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Refining Catalysts Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Refining Catalysts Market: Market Share Analysis
12.2. Refining Catalysts Distributors and Customers
12.3. Refining Catalysts Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. BASF SE
12.4.2. Albemarle Corporation
12.4.3. Haldor Topsoe A/S
12.4.4. W.R. Grace & Co.-Conn.
12.4.5. China Petroleum & Chemical Corporation
Methodology
Related Reports
Some other reports from this category!
Our Clients
