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Comprehensive analysis on Refinery Catalyst Market | Key Players are: Honeywell UOP, Albemarle, Royal Dutch Shell, Haldor Topsoe, W. R. Grace & Co, Clariant, BASF and Axens, Johnson Matthey

05-27-2019 06:51 AM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

Comprehensive analysis on Refinery Catalyst Market | Key

A concise assortment of data on ‘Persistence Market Research’ Market Report Offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor’s analysis in addition to highlighting growth strategies embraced by market leaders.

North America dominated the refinery catalysts market in 2013 followed by Asia Pacific. U.S. and China were the key markets in these regions. The refinery catalysts companies are investing heavily on their research and development as this industry is developing at a fast pace in terms of technology due to changing demands of the refineries. The key companies in the refinery catalysts market are Albemarle Corporation, Air Products and Chemicals, Arkema Group, BASF SE, Chevron, Clariant International Limited, Eka Chemicals AB, Exxon Mobil Corporation, Evonic Industries AG, E.I. du Pont de Nemours & Company, INEOS Group Limited, Johnson Matthey PLC, UOP LLC, Zeolyst International Inc. and W.R. Grace & Company.

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Refinery catalysts are used by petroleum refineries in the cracking process. Global refinery catalyst market is mainly driven by the increasing demand for cleaner petroleum products. Based on type, the refinery catalyst can be categorized into seven segments namely Hydroprocessing Catalysts, Fluid Catalytic Cracking Catalysts, Alkylation Catalysts, Hydrogen Manufacturing Catalysts, Hydrodesulphurization Catalysts, Isomerization Catalysts and Others.

The key raw materials used in the manufacturing of refinery catalysts are metals, zeolites and chemical compounds. Hydroprocessing catalysts are used to create cleaner fuels and possess highest growth rate among refinery catalysts. Fluid catalytic cracking catalysts’ market is growing towards maturity and losing its market share which is gained by other segments of the market.

Asia Pacific, Latin America and Middle East are witnessing high growth in the refinery catalyst market due to increasing use of petroleum products. The increasing demand for gasoline and ultra low sulfur diesel has been boosting the market for refinery catalysts. The increasing use of petroleum feedstocks in the industries such as ethylene, propylene and butadiene in North America are creating growth opportunities for the refinery catalysts market. The refinery catalyst manufacturers are increasingly producing more challenging feedstock compositions despite unstable fuel prices. Tightening environmental regulations and increasing demand for diesel are supporting the growth of Hydroprocessing catalysts.

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However, the European refiners have been reducing their production capacities due to weak economic condition in the region. According to International Energy Agency, oil consumption in China grew by 1.6% as compared to 2012, which was slowest since 1992, however it is expected to increase in the coming years.


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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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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