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Refinery Catalyst Market Report 2018 | Global Industry Analysis Top Key Players Honeywell, Royal Dutch Shell plc, BASF SE, Albemarle Corporation, China Petroleum & Chemical Corporation, Exxon Mobil Corporation

11-09-2018 01:36 PM CET | Energy & Environment

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Refinery Catalyst Market, Global Refinery Catalyst Market Size, Refinery Catalyst Industry, Refinery Catalyst Market Trends

Refinery Catalyst Market, Global Refinery Catalyst Market Size, Refinery Catalyst Industry, Refinery Catalyst Market Trends

Market Study Report adds 2018-2025 Global Refinery Catalyst market report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

Refinery catalysts are used to increase the yield of petroleum derivative products. These products aid refinery operators to enhance the operational efficiency, selectivity and conversion ratio of the crude oil. Refinery catalysts will gain the market throughout the forecast timeframe owing to the strict government regulation to reduce the containments and the emission of sulfur compounds and nitrogen compounds. For instance, In January 2018, China V was implemented for gasoline fuel quality, for the reduction of sulfur quantity in gasoline to 10 ppm. Besides the sulfur limit, it also provides reduction in minimum octane requirement, olefin content and manganese content. This will require more refining of products, further increasing the demand for product. The International Maritime Organization?s Marpol regulation aimed for the reduction of sulfur content in marine fuels which will augment the hydrotreating and hydrocracking product market during forecast period. Refinery Catalyst Market will surpass USD 5.8 billion by 2025; according to a new research report.

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In 2025, Russia share will reach around 40% of the total Europe market, rising at a substantial rate in upcoming years. The construction of hydrocracking unit in Rosneft?s Tuapse, Novokujbysevsk, and Gazprom Neft?s Omsk under Chevron Lummus will propel the demand of product. India and China will be the emerging market in Asia Pacific region and will exhibit the CAGR more than 3% in upcoming years.

The primary hindrance for product market is the development of alternative energy sources. For instance, Europe has slowed down the consumption of petroleum products by encouraging hybrid and electric vehicle. The high production cost and price volatility of raw material will also hinder the product market.

According to product type, petroleum refinery catalyst market is fragmented into alkylation, isomerization and reforming, hydroprocessing, and fluid catalytic cracking. The other product type includes desulfurization etc. Hydroprocessing catalyst will generate a revenue over USD 2 billion in 2025, growing at the rate over 3.5% during the forecast time period. These catalysts are used to create clean fuels to meet the fuel standards implemented by various government.

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China?s transportation segment depicted to be a favorable quotient for oil refinery catalyst market with significant annual growth rate during study period. According to OICA, overall automotive sales in China was registered at nearly 29 million units with around 4% increase in 2016. This will propel the product demand till 2025.

On material basis, the refinery catalyst market is segmented into metal, chemical compounds, zeolite and others which include organometals, enzymes, rare earth metals, etc. Zeolite catalyst has largest share owing to low cost along with beneficial characteristics. Moreover, metal-based catalyst will hold largest revenue share owing to the precious metals used in the manufacturing of the product.

The major players product includes W. R. Grace & Co. (U.S), Haldor Topsoe, Albemarle Corporation, BASF SE, Honeywell, Uop., and Axens Sa.

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:

Refinery Catalyst Market, Type by material
• FCC Catalyst
• Zeolite
• Metal
• Chemical compound
• Others

Hydroprocessing catalyst
• Zeolite
• Metal
• Chemical compound
• Others
Hydrotreating catalyst
• Zeolite
• Metal
• Chemical compound
• Others

Hydrocracking catalyst
• Zeolite
• Metal
• Chemical compound
• Others

Other hydroprocessing catalyst
• Zeolite
• Metal
• Chemical compound
• Others

Alkylation catalyst
• Zeolite
• Metal
• Chemical compound
• Others

Reforming & Isomerization catalyst
• Zeolite
• Metal
• Chemical compound
• Others

Others
• Zeolite
• Metal
• Chemical compound
• Others

Refinery catalyst Market by Material
• Zeolite
• Metal
• Chemical compound
• Others

Table of Content:

Chapter 1. Refinery Catalyst Market Methodology and Scope

Chapter 2. Refinery Catalyst Market 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. Refinery Catalyst Market Company Profiles

For more information on this report, Please visit at: https://www.marketstudyreport.com/reports/refinery-catalyst-market/?utm_source=OPR-SP

Related Report:

Asia-Pacific Refinery Catalyst Market Report 2017

In this report, the Asia-Pacific Refinery Catalyst market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.

https://www.marketstudyreport.com/reports/asia-pacific-refinery-catalyst-market-report-2017?utm_source=RR-SP

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