Press release
Refinery Catalyst Market Size, Share, Development by 2024
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Refining catalyst is a substance that aids in the conversion of petroleum refinery naphthas into high-octane liquid products. Besides, it also converts low octane hydrocarbons into cyclic naphthalenes and other branched alkanes. Then, these are again dehydrogenated to produce aromatic hydrocarbons with high octane number. Refining catalyst produces high valued elements that are used in petrochemicals, diesel, and gasoline.
Scope of the Report:
Refinery catalyst production is concentrated relatively and is a technology-intensive industry. Currently, there are several producing companies in the world refinery catalyst industry, more of which are located in USA. The main market players are Grace Catalysts Technologies, BASF, Albemarle, Criterion, Johnson Matthey, Haldor Topsoe, UOP (Honeywell) and others. The global production of refinery catalyst will increase to 1052.07 K MT in 2019 from 881.12 K MT in 2014 with the 3.61% average growth rate.
The major raw materials for refinery catalyst are sodium silicate, kaolin, sodium aluminate and others. Fluctuations in the price of the upstream product will impact on the production cost of refinery catalyst, and then impact the price of refinery catalyst.
The worldwide market for Refinery Catalyst is expected to grow at a CAGR of roughly 2.7% over the next five years, will reach 5506.7 million US$ in 2024, from 4811.2 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Refinery Catalyst in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Grace Catalysts Technologies
BASF
Albemarle
Criterion
Johnson Matthey
Haldor Topsoe
UOP (Honeywell)
Axens
JGC C&C
Sinopec
CNPC
HCpect
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
FCC Catalysts
Hydro-processing Catalyst
Others
Market Segment by Applications, can be divided into
Dispersed Catalyst
Supported Catalyst
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-refinery-catalyst-market_p151333.html
Related Information:
North America Refinery Catalyst Market Growth 2019-2024
United States Refinery Catalyst Market Growth 2019-2024
Asia-Pacific Refinery Catalyst Market Growth 2019-2024
Europe Refinery Catalyst Market Growth 2019-2024
EMEA Refinery Catalyst Market Growth 2019-2024
Global Refinery Catalyst Market Growth 2019-2024
China Refinery Catalyst Market Growth 2019-2024
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Market Overview:
Refinery catalysts are used in petroleum refining operations to facilitate and accelerate chemical reactions for conversion of crude oil into useful petroleum products like gasoline, diesel, jet fuel etc. Without catalysts, refining processes would be inefficient or not commercially viable.
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