Hydrodesulfurization Catalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Feedstock (Natural Gas, Naphtha, Heavy Oil, Diesel Oil, Kerosene and Others), By Type (Cobalt-Molybdenum, Nickel based and Others), By End-User Industry (Petro Chemicals, and Natural Gas Processing), By Region, and Competition

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Hydrodesulfurization Catalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Feedstock (Natural Gas, Naphtha, Heavy Oil, Diesel Oil, Kerosene and Others), By Type (Cobalt-Molybdenum, Nickel based and Others), By End-User Industry (Petro Chemicals, and Natural Gas Processing), By Region, and Competition

Biofuels, such as ethanol and biodiesel, are also becoming more widely used as a cleaner alternative to fossil fuels. According to the Renewable Energy Policy Network for the 21st Century (REN21), global production of biofuels reached 162 billion liters in 2019, up from 157 billion liters in 2018.

The International Maritime Organization (IMO) has set a limit of 0.5% sulfur content in marine fuels from January 2020, down from the previous limit of 3.5%.

Players operating in the global hydrodesulfurization (HDS) catalysts market are focusing on product innovation, collaborations, and acquisitions to strengthen their market position. For instance, in March 2020, Clariant AG launched a new generation of HDS Catalysts, which offer higher activity, selectivity, and lower cost. In December 2020, Albemarle Corporation announced the acquisition of China-based Jiangxi Bao Jiang Lithium Industrial Limited, a leading producer of lithium hydroxide and other lithium-based materials, to expand its lithium business in Asia Pacific.

Therefore, the HDS catalysts market is poised for growth in the upcoming years, driven by the increasing demand for clean fuels and stringent environmental regulations. The market is highly competitive, with several global and regional players vying for market share through product innovation, collaborations, and acquisitions. As the world moves towards a cleaner and sustainable future, the HDS Catalysts market will play a crucial role in the oil and gas industry.

The refining industry is a crucial component of the global energy sector, responsible for processing crude oil into various refined products such as gasoline, diesel, jet fuel, and others. However, crude oil typically contains impurities, such as sulfur, which can have adverse effects on the environment and human health. As a result, the refining industry employs various technologies, including Hydrodesulfurization (HDS), to remove these impurities and produce cleaner fuels. HDS is a catalytic process that involves the use of HDS Catalysts to remove sulfur from crude oil. The process involves reacting the crude oil with hydrogen gas in the presence of the catalyst, which promotes the conversion of sulfur compounds into hydrogen sulfide, a less harmful substance. The hydrogen sulfide can then be removed from the product stream using various downstream processing techniques.

the European Union has set a limit of 10 parts per million (ppm) sulfur content in diesel fuel, which is significantly lower than the previous limit of 50 ppm. Similarly, the United States Environmental Protection Agency (EPA) has set a limit of 15 ppm sulfur content in gasoline and diesel fuel.

The Hydrodesulfurization Catalyst market is therefore an integral part of the refining industry, providing a crucial technology to produce cleaner fuels. The market is expected to grow in the projected period, driven by increasing demand for cleaner fuels and stricter environmental regulations. The market is also expected to witness innovations in catalyst design and increased investment in research and development to improve the efficiency and effectiveness of the process. The refining industry will continue to play a critical role in the global energy sector, and the use of Hydrodesulfurization Catalyst or HDS Catalysts will be essential in meeting the growing demand for cleaner and more sustainable energy sources.

Growing Demand of Naphtha

Naphtha is a hydrocarbon liquid mixture that is typically produced during the refining process of crude oil. It is used as a feedstock for various chemical processes, including the production of gasoline, plastics, and other petrochemical products. However, naphtha can contain impurities, such as sulfur and nitrogen compounds, that can have adverse effects on the environment and the performance of downstream processes. As a result, the refining industry often employs Hydrodesulfurization (HDS) catalysts to remove these impurities from naphtha. HDS catalysts are typically composed of metals such as molybdenum or nickel, which are supported on a high-surface area material such as alumina or silica. The catalyst is used in a reactor, where the naphtha is reacted with hydrogen gas in the presence of the catalyst. The sulfur and nitrogen compounds in the naphtha react with the hydrogen to form hydrogen sulfide and ammonia, respectively, which can be removed from the product stream.


MIR Segment1

Rising Demand of Diesel Fuel are Driving the Growth of Hydrodesulfurization Catalyst Market

Diesel fuel is a critical component of the global energy sector and is used to power various transportation and industrial applications. However, diesel fuel typically contains impurities, such as sulfur compounds, that can have adverse effects on the environment and human health. As a result, the refining industry employs various technologies, including Hydrodesulfurization (HDS), to remove these impurities and produce cleaner diesel fuel. HDS is a catalytic process that involves the use of HDS catalysts to remove sulfur compounds from diesel fuel. The process involves reacting the diesel fuel with hydrogen gas in the presence of the catalyst, which promotes the conversion of sulfur compounds into hydrogen sulfide, a less harmful substance. The hydrogen sulfide can then be removed from the product stream using various downstream processing techniques.

The use of Hydrodesulfurization Catalyst or HDS catalysts in the treatment of diesel fuel has become increasingly important due to stricter environmental regulations and the growing demand for cleaner fuels. These regulations have forced refineries to invest in Hydrodesulfurization Catalyst, or HDS catalysts and other technologies to comply with the new standards. The use of Hydrodesulfurization Catalyst or HDS catalysts in the treatment of diesel fuel can also improve the performance and efficiency of diesel engines. The presence of sulfur compounds in diesel fuel can lead to the formation of particulate matter and other harmful emissions, which can reduce the lifespan of diesel engines and increase maintenance costs. By removing these impurities, the HDS catalysts can improve the performance and efficiency of diesel engines, reducing emissions and extending the lifespan of the engines. Therefore, the use of HDS catalysts is an essential technology for the refining industry, particularly in the treatment of diesel fuel. The catalysts can remove sulfur compounds and improve the environmental impact of diesel fuel, while also improving the performance and efficiency of diesel engines. As the demand for cleaner fuels and sustainable transportation continues to grow, the use of HDS catalysts is expected to rise.

Recent Developments

  • AxTrapâ„¢ is a new type of HDS catalyst developedby Axens that combines a zeolite structure with a metal oxide, resulting inhigh activity and selectivity for HDS reactions. The catalyst is designed to beused in severe operating conditions, such as high-pressure hydrocracking units,and has been shown to have excellent stability and long lifespan.
  • Impulseâ„¢ Catalysts are a new class of catalystsdeveloped by W.R. Grace & Co. that utilize a proprietary manufacturing processto create highly uniform and stable catalyst particles. These catalysts havebeen shown to have high activity and selectivity for HDS reactions, as well asimproved resistance to deactivation.
  • K-610 NanoSelectâ„¢ catalyst is an advanced nanotechnologythat utilizes a proprietary binder system and a unique particle structure thatensures consistent performance across the catalyst bed. This allows for moreefficient operation and longer catalyst life, reducing the need for frequent catalystreplacement and improving the overall efficiency of the refinery.
  • UniPrimeâ„¢ Catalysts are a new line of HDScatalysts developed by Honeywell UOP that utilize a novel zeolite structure toimprove the performance of the catalyst. These catalysts have been shown tohave high activity and selectivity for HDS reactions, as well as improvedresistance to deactivation.
  • The HydraForceâ„¢ catalyst by Shell Catalysts &Technologies, is designed to improve the performance of HDS units inrefineries, particularly those that are processing heavy crude oils with highsulfur content.  The HydraForceâ„¢ catalystutilizes a unique metal-organic framework (MOF) structure, which provides alarge surface area for catalytic reactions and allows for better access to theactive sites on the catalyst surface. This results in higher activity andselectivity for HDS reactions, as well as improved stability and resistance todeactivation.

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Market Segmentation

Global Hydrodesulfurization Catalysts Market

Company Profiles

Advanced Refining Technologies LLC, Albemarle Corporation, Haldor Topsoe Inc, Clariant AG, BASF SE, Shell PLC, China Petroleum and Chemical Corporation (Sinopec), Johnson Matthey PLC, Dorf Ketal Specialty Catalysts LLC, and Axens SA are some of the key players of Global Hydrodesulfurization Catalysts Market.

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Feedstock

Type

End-User Industry

Regional scope

North America, Europe, Asia Pacific, South America, Middle East & Africa

Country scope

United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, France, China, India, South Korea, Japan, Australia, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE

Key companies profiled

Advanced Refining Technologies LLC, Albemarle Corporation, Haldor Topsoe Inc, Clariant AG, BASF SE, Shell PLC, China Petroleum and Chemical Corporation (Sinopec), Johnson Matthey PLC, Dorf Ketal Specialty Catalysts LLC, and Axens SA

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

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Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


MIR Regional

Report Scope

In this report, global Hydrodesulfurization Catalysts market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below

  • Hydrodesulfurization Catalysts Market, By Feedstock
    • Natural Gas
    • Naphtha
    • Heavy Oil
    • Diesel Oil
    • Kerosene
    • Others
  • Hydrodesulfurization Catalysts Market, By Type
    • Cobalt-Molybdenum
    • Nickel Based
    • Others
  • Hydrodesulfurization Catalysts Market, By End-User Industry
    • Petro Chemicals
    • Natural Gas Processing
  • Hydrodesulfurization Catalysts Market, By Region
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • France
      • Germany
      • United Kingdom
      • Spain
      • Italy
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Australia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE

Competitive landscape

Company Profiles

found at Customizations

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are found at for the report

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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