Refinery Catalysts Market Trends, Growth, Opportunity, Leading Companies and Global Industry Outlook 2021-26

According to IMARC Group’s latest report, titled “Refinery Catalysts Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global refinery catalysts market is expected to grow at a CAGR of around 3% during 2021-2026. Refinery catalysts refer to a set of various dual functioning chemical substances that convert petroleum naphtha derived from crude oil into several liquid-based fuels, including kerosene, gasoline, and diesel. Some of the commonly deployed refinery catalysts involve alkylation, reforming, hydrotreating, hydrocracking, isomerization, and fluid catalytic cracking (FCC). These compounds assist in eliminating metal contamination, managing operational efficiency, balancing heat effect, enhancing petrol production without affecting the environment, and mitigating unwarranted impurities from petroleum feedstocks.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends and Drivers:

The widespread adoption of refinery facilities in the oil and gas industry for extracting petroleum-based products, including gasoline, high octane fuel and kerosene, is primarily driving the refinery catalysts market growth. Additionally, the escalating environmental concerns amongst consumers have prompted the government of various countries to promote the usage of refinery catalysts in ultra-low-sulfur diesel (ULSD) as a petroleum derivate. This, in turn, assists in mitigating negative environmental impacts by reducing air pollutants and greenhouse gas (GHG) emissions. Apart from this, the extensive utilization of fluid catalytic cracking (FCC) in refineries for converting heavy hydrocarbons into lighter hydrocarbon products in the reactor is further contributing to the market growth.

Refinery Catalysts Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the refinery catalysts market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Albemarle Corporation
• Axens
• BASF SE
• Chevron Corporation
• Clariant AG
• DuPont
• Evonik Industries AG (RAG-Stiftung)
• Exxon Mobil Corporation
• Haldor Topsoe A/S
• Honeywell International Inc
• JGC C & C
• Johnson Matthey
• Royal Dutch Shell Plc

Key Market Segmentation:

The report has segmented the global refinery catalysts market on the basis of type, material and region.

Breakup by Type:

• Fluid Catalytic Cracking (FCC) Catalysts
• Hydro-processing Catalysts
  • Hydrotreating Catalysts
  • Hydrocracking Catalysts
• Catalytic Reforming Catalysts
• Others

Breakup by Material:

• Zeolites
  • Natural Zeolites
  • Synthetic Zeolites
• Metals
  • Rare Earth Metals
  • Transition & Base Metals
• Chemical Compounds
  • Sulphuric Acid & Hydrofluric Acid
  • Calcium Carbonate

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key Highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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