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Alkylation Catalysts Market Size, Share, Development by 2024
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Alkylation is the transfer of an alkyl group from one molecule to another. Alkylation of isobutane with olefins in the petroleum is an important industrial process to improve the octane number. As the most usually liquid acid catalysts, concentrated sulfuric acid (H2SO4) and hydrofluoric acid (HF) have potential environmental problem especially for the HF alkylation process.
Scope of the Report:
Alkylation is used by the petroleum refining industry to produce a high-octane gasoline blendstock. Current industrial alkylation processes catalyze the reaction with concentrated liquid mineral acids, either hydrofluoric (HF) or sulfuric acids (H2SO4), which pose serious safety and environmental risks. Solid acid catalysts are the new type of alkylation catalysts which could replace liquid acids and eliminate many safety and environmental concerns.
Global zeolite alkylation catalysts industry is gradually growing. The production of zeolite alkylation catalysts increased from 752 MT in 2011 to 1524 MT in 2015, with an average growth rate of 21.75%. Because of the high technology barrier, only four companies are able to manufacture zeolite alkylation catalysts in the world. Sinopec is the largest manufacturer in this market with 548 MT production in 2015. Followed by CRI with 400 MT, Albemarle with 349 MT and BASF with 227 MT. Among them, Albemarle production started from 2015.
Europe, North America and China are the major consumption areas of alkylation catalysts. 1973 MT alkylation catalysts was consumed in 2015. China consumption took about 47.44%, North America took for 43.83%, while Europe consumed 133 MT and accounting for 8.73 percent of the global alkylation catalysts production. Alkylation solid catalysts are mainly used in the aromatic alkylation processes and isobutane-olefin alkylation. The former is already commercial while solid catalysts used in the latter is still in the early stage. In 2015, 64.27% alkylation catalysts are consumed in the production of ethylbenzene & cumene. Ethylbenzene is an important raw material of styrene. 14.08 percent are consumed in the production of alkylate.
The worldwide market for Alkylation Catalysts is expected to grow at a CAGR of roughly 7.1% over the next five years, will reach 117.3 million US$ in 2024, from 83 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Alkylation Catalysts 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
Albemarle
BASF SE (Germany)
CRI
Sinopec
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
H2SO4
HF
Market Segment by Applications, can be divided into
Alkylate Production
Ethylbenzene & Cumene Production
Others
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-alkylation-catalysts-market_p199848.html
Related Information:
North America Alkylation Catalysts Market Growth 2019-2024
United States Alkylation Catalysts Market Growth 2019-2024
Asia-Pacific Alkylation Catalysts Market Growth 2019-2024
Europe Alkylation Catalysts Market Growth 2019-2024
EMEA Alkylation Catalysts Market Growth 2019-2024
Global Alkylation Catalysts Market Growth 2019-2024
China Alkylation Catalysts Market Growth 2019-2024
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