Hydrogenation Catalyst Market Share, Growth, Size, Trends and Forecast by 2025

This study focuses on the production side and consumption side of Hydrogenation Catalyst, presents the global Hydrogenation Catalyst market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Hydrogenation Catalyst capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Hydrogenation Catalyst by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen – is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Catalysts are required for the reaction to be usable; non-catalytic hydrogenation takes place only at very high temperatures. Hydrogenation reduces double and triple bonds in hydrocarbons.

Hydrogenation catalysts are catalysts used in the Hydrogenation. Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen – is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Hydroprocessing is the name given to a series of chemical reactions that take place as part of oil refining, and include hydrogenation, hydrocracking and hydrotreating. Hydroprocessing is necessary to remove pollutants like sulfur, nitrogen and heavy metals from fuel oils, as well as in the process of catalytic hydrocracking, where large hydrocarbon molecules are cracked into shorter ones that can be used as fuel oils.

Hydrogenation catalyst is a high technical barrier market with limited suppliers. Market concentration is high. The top 3 players Advanced Refining Technologies (ART), Albemarle and Criterion takes a combined global market share of 42.12% in 2016. Other suppliers like Haldor Topsoe, UOP (Honeywell) and Sinopec takes a smaller share in the market.

Globally, production of hydrogenation catalyst is concentrated in USA, Europe, etc. while consumption of hydrogenation catalyst is widely spread in global market. The market in emerging countries, like China, Southeast Asia and Middle East in projected to be new growing point, while market in Europe is more modest in terms of stable light oil demand in European countries.

Hydrogenation catalyst can be broadly categorized as transition metal based catalysts, noble metal based catalyst in terms of composition. Transition metal based catalyst is the major type of catalyst which takes market share of 87.78% in 2016.

Hydrogenation catalyst is used in process of Refining, Petrochemicals, Oil & Fat Hydrogenation and others. Report data showed that 64.10% of the Hydrogenation catalyst market demand in Refining, 17.27% in Petrochemicals, and 11.07% in Oil & Fat Hydrogenation in 2016. With the development of economy, these industries will need more Hydrogenation catalyst. So, Hydrogenation catalyst has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high quality Hydrogenation catalyst through improving manufacturing process. It is predicted that high quality Hydrogenation catalyst will become the mainstream product in the future.

The Hydrogenation Catalyst market was valued at 2870 Million US$ in 2017 and is projected to reach 3660 Million US$ by 2025, at a CAGR of 3.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hydrogenation Catalyst.

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This report includes the following manufacturers; we can also add the other companies as you want.

BASF

Clariant

Evonik

Advanced Refining Technologies (ART)

Criterion

Johnson Matthey

Axens

UOP

Haldor Topsoe

Albemarle

Sinopec

CNPC

SJEP

Market Segment by Product Type

Transition Metal Based Catalysts

Noble Metal Based Catalyst

Other

Market Segment by Application

Refining

Petrochemicals

Oil & Fat Hydrogenation

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