Global Refinery Catalyst Market analysis, forecasts, and Overview and market development
The Global
Refinery Catalyst Market is expected to reach USD 8.7 billion by 2025, from USD 7.1 billion in 2017 growing at a CAGR of 4.5 % during the forecast
period of 2018 to 2025. The upcoming market report contains data for historic
years 2015 & 2016, the base year of calculation is 2017 and the forecast
period is 2018 to 2025.
Major Market Drivers and Restraints:
· Consumption of energy increase
· Growing demand for petroleum by-products
· Stringent environmental regulations
· Diminishing crude oil reserves
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This market report defines the
market trends and forecast the upcoming opportunities and threats of the
refinery catalyst market in the next 8 years. Refining catalysts is that
chemical compound which increases the rate of organic reaction without any
change in chemical component. They are mainly used by petroleum refineries to
enhance manufacturing quantity and functional efficiency. Refinery catalysts
are used for methods such as catalytic reforming, hydro treating and cracking,
FCC, and catalytic reforming. It plays a vital role in giving the fuel
standards, emission standards, and improving selectivity and conversion. FCC
catalysts are used to change the heavy atmospheric residues and vacuum
distillates into parts of motor fuels. It is also beneficial in the conversion
of petroleum refinery naphthas into high-octane liquid products during the
petroleum refining processes.
Major Key
Players of the Noble Metal Catalyst Market are
JGC C&C, Honeywell
International Inc, Haldor Topsoe A/S, Filtra Catalysts and Chemicals Ltd.,
Exxon Mobil Corporation., Criterion Catalysts & Technologies L.P., Clariant
Global refinery catalyst market
segmentation by type
Zeolites,
Metals, and Chemical Compounds
Global refinery catalyst market
segmentation by process
FCC
Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, and Catalytic
Reforming Catalysts
This report centers on the Refinery
Catalysts in Global market, particularly in
North
America, South America, Europe, Asia-Pacific, Middle East & Africa
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Market Segmentation:
·
The global refinery catalyst market is segmented
into type, application and by geography.
·
Based on type, the global refinery catalyst
market is segmented into FCC catalysts, hydro treating catalysts, hydrocracking
catalysts, and catalytic reforming catalysts and others.
·
On the basis of ingredient, the global refinery
catalyst market is classified into zeolites, metals, and chemical compounds and
others.
·
Based on geography, the global refinery catalyst
market report covers data points for 28 countries across multiple geographies
namely north America & south America, Europe, Asia-pacific and, middle east
& Africa. Some of the major countries covered in this report are U.S.,
Canada, Germany, France, U.K., Netherlands, Switzerland, turkey, Russia, china,
India, south Korea, japan, Australia, Singapore, Saudi Arabia, south Africa
and, brazil among others.
Competitive Analysis
The global refinery catalyst market is highly fragmented and
the major players have used various strategies such as new product launches,
expansions, agreements, joint ventures, partnerships, acquisitions, and others
to increase their footprints in this market. The report includes market shares
of refinery catalyst market for global, Europe, North America, Asia pacific and
South America.
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