Refinery Catalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (FCC Catalysts, Hydroprocessing Catalysts, Catalytic Reforming Catalysts, Others), By Material (Zeolites, Metallic, Chemical Compound, Others), By Region and Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationRefinery Catalyst Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (FCC Catalysts, Hydroprocessing Catalysts, Catalytic Reforming Catalysts, Others), By Material (Zeolites, Metallic, Chemical Compound, Others), By Region and Competition
Refinery Catalyst market is anticipated to grow significantly through 2028 due to the increasing demand for high octane number fuel
any dual-functioning chemical substance used in refineries to facilitate the refining process of crude materials and simultaneously regulate the rate of the chemical reaction
Increasing Demand for High Octane Number Fuel
With a blended octane value of 113, ethanol is a high-octane fuel that is both inexpensive and environmentally friendly.
Global Increase in FCC Catalyst
One of the most significant secondary conversion techniques utilized in refineries is fluid catalytic cracking. Primarily, it makes more gasoline from the gas oils extracted by the atmospheric and vacuum distillation units. Long-chain hydrocarbons are broken down into shorter-chain hydrocarbons by the chemical reaction known as fluid catalytic cracking. Different products such as butane, propane, distillate, gasoline, and byproduct gases produce olefins, thus creating more economic value. The growing polyolefin consumption to produce different plastics drives the demand for FCC catalysts.
Zeolites Will Continue to Be a Key Material
Zeolites are also used in processes such as olefin dealkylation, Naphtha isomerization, reforming, and hydrocracking.
Recent Developments
- In March 2022, Haldor Topsoe will construct a 15,000-ton-per-year Hydroprocessing catalyst plant at its current Bayport manufacturing facility in Texas.
- In July 2021, BASF will expand its chemical catalyst recycling capacity and capability. The site recycles precious metals from industrial scrap, primarily chemical catalysts, and will complement BASF’s existing precious metal recycling.
- In September 2020, Clariant announced that a new catalyst manufacturing facility would be built in China.
- ExxonMobil and Global Clean Energy Holdings signed an agreement for renewable diesel in August 2020.
- Waste is being turned into riches by Clariant and the VUCHT research center in Duslo. Plastic waste has been turned into premium winter fuel distillate by VUCHT using a patented process and Clariant's HYDEX E next-generation hydro-dewaxing catalyst in June 2020.
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Market Segmentation
Global refinery catalyst Market
Market Players
BASF SE, Haldor Topsoe A/S, Honeywell International Inc., Clariant AG, W R Grace & Co., Albemarle Corp., Shell Catalysts & Technologies LP, Johnson Matthey PLC, Exxon Mobil Corporation, Axens SA are some of the key players of Global Refinery Catalyst Market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Material |
| Regional scope | North America, Europe, Asia Pacific, South America, Middle East & Africa |
| Country scope | United States; Mexico; Canada; France; Germany; United Kingdom; Italy; Spain; China; India; South Korea; Japan; Indonesia; Brazil; Argentina; South Africa; Saudi Arabia; UAE; Egypt |
| Key companies profiled | BASF SE, Haldor Topsoe A/S, Honeywell International Inc., Clariant AG, W R Grace & Co., Albemarle Corp., Shell Catalysts & Technologies LP, Johnson Matthey PLC, Exxon Mobil Corporation, 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) |
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