What's driving the Refinery Catalyst Market trends? Honeywell UOP, Albemarle, Royal Dutch Shell, Haldor Topsoe, W. R. Grace & Co, Clariant, BASF and Axens, Johnson Matthey

A collective analysis on ‘Refinery Catalyst Market’ by Market Study Report, LLC, offers an exhaustive study based on current trends influencing this vertical throughout assorted geographies. Key information regarding market size, market share, statistics, application, and revenue are compiled in the research to develop an ensemble prediction. In addition, this research offers a detailed competitive analysis focusing on business outlook emphasizing expansion strategies accepted by market majors.

Refinery Catalyst Market is likely to cross USD 5.5 billion by 2025; according to a new research report. The revival of global oil & gas industry plays a noteworthy role in the product market. The increasing number of oil & rigs will increase the refined petroleum products which will further propel the refinery catalyst market by the end of 2025.


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Major competitors of refinery catalyst market include Honeywell UOP, Albemarle, Royal Dutch Shell, Haldor Topsoe, W. R. Grace & Co, Clariant, BASF and Axens, Johnson Matthey. These companys emphasis product advancement to upsurge the refinery productivity under severe environmental regulations.

Entire oil & gas rig count witnessed a massive fluctuation in the past couple of years with record low prices and weakening demand. Global oil rig count fell from 3,570 in 2014 to 1,969 in 2015 and further dropped to 1,772 by the end of 2016. Refinery catalysts are employed in various processes that include isomerization, reforming, desulfurization, catalytic cracking, etc. The product help refiners to meet operational efficiency, manage fuel standards, without affecting the environment. Shrinking fuel quality standards includes reduction of benzene, olefins, etc. to shift towards fuels that are extremely low in sulfur content, which has escalated demand of catalyst for chemical synthesis.

Availability and fluctuating raw material prices may hamper the product market growth during the projected timespan. The production of refinery catalyst includes eminent usage of unique earth metals such as vanadium, tungsten, molybdenum, etc. which are available at very few locations globally. This will restrict the product market growth in future.

Product variants consist of hydro processing, alkylation, reforming & isomerization and FCC (fluid catalytic cracking). Among these, alkylation catalyst market is expected to grow with a CAGR of more than 3% for the forecast spell. These catalysts are mainly used to convert low-molecular-weight alkenes such as a mixture of butene and propene along with isobutane into alkylate.

On materials basis, refinery catalysts market is subdivided into chemical compound, zeolite, metal & others. In terms of revenue, the chemical compound segment is expected to grow with a CAGR of more than 2% by 2025. Sulfuric acid, hydrofluoric acid and other chemicals compounds are suitably used as chemicals compounds-based catalysts. Chemicals compounds are immensely used in alkylation processes that is likely to propel its demand in the coming years.

Europe refinery catalyst market will clutch more than 20% of the revenue share in future due to the presence of petrochemical industry and refineries in many European countries. Middle East & Africa will grow with the CAGR of over 4% in future owing to the extensive production of crude oil & gas. Refinery catalyst market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:

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Refinery Catalyst Market, Type By Material

o FCC Catalyst

Zeolite
Metal
Chemical compound
Others

o Hydroprocessing catalyst

Zeolite
Metal
Chemical compound
Others

Hydrotreating catalyst

o Zeolite
o Metal
o Chemical compound
o Others

Hydrocracking catalyst

o Zeolite
o Metal
o Chemical compound
o Others

Other hydroprocessing catalyst

o Zeolite
o Metal
o Chemical compound
o Others
o Alkylation catalyst
Zeolite
Metal
Chemical compound
Others

o Reforming & Isomerization catalyst

Zeolite
Metal
Chemical compound
Others
o Others
Zeolite
Metal
Chemical compound
Others

Refinery Catalyst Market, By Material

o Zeolite
o Metal
o Chemical compound
o Others

Report Content

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Refinery Catalyst Industry Insights

Chapter 4. Refinery Catalyst Market, Type by Material

Chapter 5. Refinery Catalyst Market, By Material

Chapter 6. Refinery Catalyst Market, By Region

Chapter 7. Company Profiles

7.1. Royal Dutch Shell PLC

7.2. Albemarle Corporation

7.3. China Petroleum & Chemical Corporation (Sinopec Corp.)

7.4. BASF SE

7.5. Exxon Mobil Corporation

7.6. Clariant AG

7.7. Honeywell UOP LLC

7.8. W. R. Grace & Co.

7.9. Johnson Matthey

7.10. Haldor Topsoe A/S

7.11. Dorf-Ketal Chemicals India Private Limited

7.12. Axens SA

7.13. Pingxiang Chempack Imp & Exp Co., Ltd.

7.14. Unicat Catalyst Technologies, Inc.

7.15. JGC Catalysts and Chemicals Ltd.

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