Press release
Global Refinery Catalysts Market Types and Applications 2018: Albemarle, BASF, Haldor Topsoe, Honeywell / UOP, Advanced Refining Technologies (ART), WR Grace
The study addresses hydroprocessing catalysts and FCC catalysts. Hydroprocessing catalysts are used to create cleaner fuels--especially ULSD. Demand for cleaner fuels is driving the market. Refining catalysts are experiencing strong growth. New fuel standards are coupled with refineries increasing use of heavier and dirtier feedstocks and major additions to refining capacity.
The refinery catalyst market is thus boosted by the fact that the efficient use of catalysts can help the manufacturers' better address the increasing energy demand. Fluid catalytic cracking (FCC) is the conversion process used in petroleum refineries. It is widely used to convert the high-boiling, high-molecular weight hydrocarbon fractions of petroleum crude oils to more valuable gasoline, olefinic gases and other products.
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The cost of hydrocracking catalysts varies because of composition differences. The catalysts can be alumina with base metals or contain added crystalline zeolites. High quality ultra-stable type Y molecular sieve zeolites are used in this service. Nickel-moly or nickel-tungsten are the active metals frequently used.
FCC additives are used with catalysts to meet specific unit objectives. Higher gasoline octane, lower gasoline sulfur, lower sulfur oxides (SOx) and nitrogen oxides emissions, lower carbon monoxide levels, improve fluidization, make more propylene and/or liquefied petroleum gas (LPG) and improve bottoms cracking are FCC objectives.
“Fluid Catalytic Cracking (FCC) petroleum refining products overcome limiting factors affecting refinery capacity and operating flexibility to deliver value and performance. Catalysts are a crucial component in the processing of highly valued petrochemicals, gasoline, diesel and other fuels.”
The market for refinery catalysts in the oil refining sector at $4,967 million in 2016 is expected to be worth $6,490 million by 2023, growing at 3.8% on average between 2017 and 2023. There are 500 FCC units being operated globally, each of which requires a constant supply of FCC catalysts. There are 3,000 HPC units being operated globally, or a capacity of approximately 44 million barrels per day, each of which typically requires replacement HPC catalysts once every one to four years.
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Companies Profiled
Market Leaders
Albemarle
BASF
Haldor Topsoe
Honeywell / UOP
Advanced Refining Technologies (ART)
WR Grace
Clariant AG / Süd-Chemie AG
Shell CRI
IFP Energies nouvelles Group Company / Axens
Sinopec China Petrochemical Corporation
Shell / Criterion
Market Participants
Air Products
Advanced Energy Materials LLC
Chevron
Clean Diesel Technologies
Clean Diesel Technologies / Catalytic Solutions
Dow
Evonik Industries
ExxonMobil Catalysts and Licensing LLC,
Headwaters Technology Innovation (HTI)
IFP Energies Nouvelles Group Company / Axens / Eurecat UNICAT Catalyst Technologies
Indian Oil Corporation
Johnson Matthey
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KBR Hydroprocessing
Nanostellar
Petrobras Partnership with Albemarle
Quantiam Technologies Inc.
Rive Technology and Grace Davison
Shell
Shell / Sekiyu
Shoaibi Group / General Technology & Systems Company Ltd (GENTAS)
UNICAT Catalyst Technologies
Zeochem
Zeolyst
Selected Refinery Catalyst Companies
Emerging Catalyst Companies
FCC Catalyst & Additive Suppliers
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