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Refinery Catalyst Market Is Projected To Reach USD 8.69 billion by 2025 - Albemarle, R. Grace & Co, Honeywell UoP, Criterion Catalysts & Technologies, Exxon Mobil Corporation, KNT Group
Refinery Catalyst Market
Growing demand for refined petroleum products and increasing refinery capacity across APAC & EMEA region are potential drivers for the global refinery catalysts market. Apart from this, high-cost usage of polymeric adsorbents could hamper the growth of the overall market rate.
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The major players in the market are as follows: Albemarle Corporation, R.Grace & Co., Haldor Topsoe A/S, Honeywell UoP LLC, Criterion Catalysts &Technologies LP, Axens SA, Sinopec Corp, Clariant International Ltd., Johnson Matthey PLC, Arkema Group, Exxon Mobil Corporation, KNT Group. According to Verified Market Intelligence, the global refinery catalyst market was valued at USD 6.81 billion in 2017 and is projected to reach USD 8.69 billion by 2025, growing at a CAGR of 7.8% from 2017 to 2025.
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