North America Refining Catalysts Market by Ingredients (Zeolites, Metals, and Chemical Compounds), Types (Fluid Catalytic Cracking Catalysts, Reforming Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Isomerization Catalysts, and Alkylation Catalysts), and Geography (The US, Canada, Mexico, and Rest of North America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The North America refining catalysts market size is anticipated to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the adoption of improved process designs, unique equipment, and high performance of refinery catalysts.
A refining catalyst is a chemical that is used to transform naphtha into reformats, which are high-octane liquid products. It also produces cyclic naphthalene and other branched alkanes from low-octane hydrocarbons. The aromatic hydrocarbons are then dehydrogenated to generate high-octane aromatic hydrocarbons. Companies can create high-valued components that are utilised in petrochemicals, diesel, and gasoline by utilising a refining catalyst.
Refinery catalysts are primarily employed in petroleum refineries to change the pace of chemical reactions and improve the quality of gasoline products generated by processes such as fluid catalytic cracking catalysts (FCC) and hydro-processing. Using a refining catalyst, the companies may produce high-value components used in petrochemicals, diesel, and gasoline.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for petroleum derivative products and chemicals is anticipated to propel the market growth during the forecast period.
- Increasing demand for fuel with a high-octane number is anticipated to push the growth of the North America refining catalysts market.
- Growing focus of government regulations on the use of ultra-low sulfur diesel (ULSD) is expected to drive the market growth.
- High volatility in precious metal prices is anticipated to hinder the market growth during the forecast period.
- Technological advancements in designing catalysts that can handle all kinds of feedstock is estimated to create opportunities for the market expansion.
Scope of the Report
The report on the North America refining catalysts market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
North America Refining Catalysts Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Ingredients (Zeolites, Metals, and Chemical Compounds), Types (Fluid Catalytic Cracking Catalysts, Reforming Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Isomerization Catalysts, and Alkylation Catalysts) |
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Geographical Scope |
The US, Canada, Mexico, and Rest of North America |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
BASF SE, Albemarle Corporation, Haldor Topsoe A/S, and W. R. Grace & Co.-Conn. |
North America Refining Catalysts Market Segment Insights
Zeolites segment to represent a large market share
Based on ingredients, the market is divided into zeolites, metals, and chemical compounds. The zeolites segment is expected to account for a major market share during the forecast period owing to its increasing use in various types of refining units that consumes high amount of zeolites in fluidized catalytic cracking units. Zeolites are hydrated aluminosilicate minerals that are part of the microporous solid category. The porosity and high surface area of the ingredient makes it a prominent adsorbent and catalyst. Potassium (K+), sodium (Na+), calcium (Ca2+), and magnesium (Mg2+) are all accommodated by the porous structure of zeolites.
Fluid catalytic cracking catalysts segment to expand at a substantial CAGR
In terms of types, the market is segmented into fluid catalytic cracking catalysts, reforming catalysts, hydrotreating catalysts, hydrocracking catalysts, isomerization catalysts, and alkylation catalysts. The fluid catalytic cracking catalysts segment is estimated to register at a high CAGR during the forecast period. The fluid catalytic cracking process plays a crucial role in refineries while producing lighter products from crude oil. The fluid catalytic cracking catalyst unit aids in the conversion of a wide range of feedstocks, including cracked gas oil, gas oil, deasphalted gas oils, vacuum/atmospheric resins, and others, into lighter and higher-value products, such as diesel oil, jet fuel, LPG, kerosene, and gasoline.
The US to dominate the market
On the basis of regions, the market is categorized as United States, Canada, Mexico, and Rest of North America. The US is anticipated to dominate the market during the forecast period. The country’s market growth is attributed to the production of gasoline, which includes thermal cracking (coking), catalytic hydrocracking, and hydro-treating. The Government of the US is pursuing a political gain strategy by deregulating oil and gas production in order to further leverage the country’s exports.
Segments
Segments Covered in the Report
The North America refining catalystsmarket has been segmented on the basis of
Ingredients
- Zeolites
- Metals
- Chemical Compounds
Types
- Fluid Catalytic Cracking Catalysts
- Reforming Catalysts
- Hydrotreating Catalysts
- Hydrocracking Catalysts
- Isomerization Catalysts
- Alkylation Catalysts
Geography
- United States
- Canada
- Mexico
- Rest of North America
Key Players
- BASF SE
- Albemarle Corporation
- Haldor Topsoe A/S
- W. R. Grace & Co.-Conn.
Competitive Landscape
Key players competing in the North America refining catalysts market include BASF SE, Albemarle Corporation, Haldor Topsoe A/S, and W. R. Grace & Co.-Conn.
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 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
5.3.6. Alkylation 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
7.4.6. Alkylation 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
8.4.6. Alkylation 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
9.4.6. Alkylation 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
10.4.6. Alkylation 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
11.4.6. Alkylation 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.
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 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
5.3.6. Alkylation 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
7.4.6. Alkylation 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
8.4.6. Alkylation 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
9.4.6. Alkylation 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
10.4.6. Alkylation 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
11.4.6. Alkylation 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.
Segments Covered in the Report
The North America refining catalystsmarket has been segmented on the basis of
Ingredients
- Zeolites
- Metals
- Chemical Compounds
Types
- Fluid Catalytic Cracking Catalysts
- Reforming Catalysts
- Hydrotreating Catalysts
- Hydrocracking Catalysts
- Isomerization Catalysts
- Alkylation Catalysts
Geography
- United States
- Canada
- Mexico
- Rest of North America
Key Players
- BASF SE
- Albemarle Corporation
- Haldor Topsoe A/S
- W. R. Grace & Co.-Conn.
Key players competing in the North America refining catalysts market include BASF SE, Albemarle Corporation, Haldor Topsoe A/S, and W. R. Grace & Co.-Conn.
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