Refinery Catalyst Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185527

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185527

Refinery Catalyst Market

Growth Factors of Refinery Catalyst Market

The refinery catalyst market size was valued at USD 4.82 billion in 2023, and the market is now projected to grow from USD 5.01 billion in 2024 to USD 6.77 billion by 2032, exhibiting a CAGR of 3.8% during the forecast period of 2024-2032.

The factors affected the refinery catalyst market growth, such as disruption in supply and demand due to the COVID-19 outbreak, which reduced gasoline use worldwide. This slowdown gas hindered the growth of refinery expansions and renovation in the adoption of catalyst technology, thus may have negative effects on the market and evolution in the future.

The increase in the consumption of high-octane fuel is attributed to the growth in demand by the automobile industry for cheap fuel and enhanced engines. There are advantages of high octane fuels and ethanol is prominent because it has a 114 blending octane rating. Due to its cleanliness and relatively low cost, it continues to gain popularity. Also, the growing adoption of petroleum derivatives as consumer products leads to an increase in refinery catalyst market share.

Also, advancements in research and development and technology upgrades in the refinery industry are driving the opportunities for refinery catalysts. Current technological advancements are seeing manufacturers invest in better technologies and improving the characteristics of catalysts to get better product stability and quality of fuel and at the same time cut costs. These innovations assist in the production of proper and cheap fuels for use in the markets. Furthermore, the market growth is attributed to the increased demand for petroleum products and derivatives wherein plastic materials and refined asphalt feature significantly.

Comprehensive Analysis of Refinery Catalyst Market

Refinery catalysts and chemicals & advanced materials are some of the most promising markets which are going through exponential growth because of their market segmentations. This market expansion also focuses on the detailed assessments of the regions that shape the supply and demand forces of the bulk chemicals industry. These segmentations are systematically separated by types and by applications. The types include, Zeolites, Metallic, and Chemical Compounds. However, the applications include, FCC, Alkylation, Hydrotreating, Hydrocracking, Catalytic Reforming and Others.

This Asia Pacific market was valued at USD 1.72 billion in 2023 with the growing economy on the higher crude oil production and good refining capacity. China, a country among the twelve countries, contributed to 15.6% of the world’s oil refining capability in the year 2018, while India was the second largest contributor with 4.97 million bpd. Another factor is the development of the transport industry, as the need for transport fuel is a significant factor in the market's growth.

The leading companies are more responsible for ensuring the industrial prospectus growth of the bulk chemicals market and determining market trends. These players include, Albemarle Corporation (U.S.), BASF SE (Germany), Haldor Topsoe A/S (Denmark), Honeywell International Inc. (U.S.), Clariant (Switzerland), Axens (France), Johnson Matthey (U.K.), China Petroleum & Chemical Corporation (China), Royal Dutch Shell plc (Netherlands), Arkema (France), ANTEN CHEMICAL CO., LTD. (China) and Other Key Players.

In January 2023, Albemarle Corporation, the American-based Global Specialty Chemicals company revealed the brand of the wholly-owned subsidiary known as “Ketjen” which provided exceptional, complex catalytic services for speciality chemical, refining and petrochemical industries.

Segmentation Table

Global Refinery Catalyst Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Growth Rate CAGR of 3.8% from 2024 to 2032

Historical Period 2019-2022

Unit Value (USD Billion), Volume (Kiloton)

Segmentation By Type, Application, and Region

By Type - Zeolites

- Metallic

- Chemical Compounds

By Application - FCC

- Alkylation

- Hydrotreating

- Hydrocracking

- Catalytic Reforming

- Others

By Region - North America (By Type, By Application, By Country)

U.S. (By Type)
Canada (By Type)

- Europe (By Type, By Application, By Country)

Germany (By Type)
France (By Type Type)
Italy (By Type)
Spain (By Type)
Russia (By Type)
Rest of Europe (By Type)

- Asia Pacific (By Type, By Application, By Country)

China (By Type)
Japan (By Type)
India (By Type)
South Korea (By Type)
Rest of Asia Pacific (By Type)

- Latin America (By Type, By Application, By Country)

Brazil (By Type)
Rest of Latin America (By Type)

- Middle East and Africa (By Type, By Application, By Country)

Saudi Arabia (By Type)
Iran (By Type)
UAE (By Type)
Rest of Middle East & Africa (By Type)

Please Note:

1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Regions; 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.; 4.3. Latest Technological Advancement; 4.4. Insights on Regulatory Scenario; 4.5. Porters Five Forces Analysis; 4.6. Qualitative Insights on COVID-19 Impact
5. Global Refinery Catalyst Market Analysis, Insights and Forecast, By Type, 2019-2032: 5.1. Key Findings / Summary; 5.2. By Type (Volume/Value); 5.2.1. Zeolite; 5.2.2. Metallic; 5.2.3. Chemical Compounds; 5.3. By Application (Volume/Value); 5.3.1. FCC; 5.3.2. Alkylation; 5.3.3. Hydrotreating; 5.3.4. Hydrocracking; 5.3.5. Catalytic Reforming; 5.3.6. Others; 5.4. By Region (Volume/Value); 5.4.1. North America; 5.4.2. Europe; 5.4.3. Asia Pacific; 5.4.4. Latin America; 5.4.5. Middle East & Africa
6. North America Refinery Catalyst Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. By Type (Volume/Value); 6.2.1. Zeolite; 6.2.2. Metallic; 6.2.3. Chemical Compounds; 6.3. By Application (Volume/Value); 6.3.1. FCC; 6.3.2. Alkylation; 6.3.3. Hydrotreating; 6.3.4. Hydrocracking; 6.3.5. Catalytic Reforming; 6.3.6. Others; 6.4. By Country (Volume/Value); 6.4.1. U.S.; 6.4.1.1. By Type (Volume/Value); 6.4.1.1.1. Zeolite; 6.4.1.1.2. Metallic; 6.4.1.1.3. Chemical Compounds; 6.4.2. Canada; 6.4.2.1. By Type (Volume/Value); 6.4.2.1.1. Zeolite; 6.4.2.1.2. Metallic; 6.4.2.1.3. Chemical Compounds
7. Europe Refinery Catalyst Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. By Type (Volume/Value); 7.2.1. Zeolite; 7.2.2. Metallic; 7.2.3. Chemical Compounds; 7.3. By Application (Volume/Value); 7.3.1. FCC; 7.3.2. Alkylation; 7.3.3. Hydrotreating; 7.3.4. Hydrocracking; 7.3.5. Catalytic Reforming; 7.3.6. Others; 7.4. By Country (Volume/Value); 7.4.1. Germany; 7.4.1.1. By Type (Volume/Value); 7.4.1.1.1. Zeolite; 7.4.1.1.2. Metallic; 7.4.1.1.3. Chemical Compounds; 7.4.2. France; 7.4.2.1. By Type (Volume/Value); 7.4.2.1.1. Zeolite; 7.4.2.1.2. Metallic; 7.4.2.1.3. Chemical Compounds; 7.4.3. Italy; 7.4.3.1. By Type (Volume/Value); 7.4.3.1.1. Zeolite; 7.4.3.1.2. Metallic; 7.4.3.1.3. Chemical Compounds; 7.4.4. Spain; 7.4.4.1. By Type (Volume/Value); 7.4.4.1.1. Zeolite; 7.4.4.1.2. Metallic; 7.4.4.1.3. Chemical Compounds; 7.4.5. Russia; 7.4.5.1. By Type (Volume/Value); 7.4.5.1.1. Zeolite; 7.4.5.1.2. Metallic; 7.4.5.1.3. Chemical Compounds; 7.4.6. Rest of Europe; 7.4.6.1. By Type (Volume/Value); 7.4.6.1.1. Zeolite; 7.4.6.1.2. Metallic; 7.4.6.1.3. Chemical Compounds
8. Asia-Pacific Refinery Catalyst Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. By Type (Volume/Value); 8.2.1. Zeolite; 8.2.2. Metallic; 8.2.3. Chemical Compounds; 8.3. By Application (Volume/Value); 8.3.1. FCC; 8.3.2. Alkylation; 8.3.3. Hydrotreating; 8.3.4. Hydrocracking; 8.3.5. Catalytic Reforming; 8.3.6. Others; 8.4. By Country (Volume/Value); 8.4.1. China; 8.4.1.1. By Type (Volume/Value); 8.4.1.1.1. Zeolite; 8.4.1.1.2. Metallic; 8.4.1.1.3. Chemical Compounds; 8.4.2. Japan; 8.4.2.1. By Type (Volume/Value); 8.4.2.1.1. Zeolite; 8.4.2.1.2. Metallic; 8.4.2.1.3. Chemical Compounds; 8.4.3. India; 8.4.3.1. By Type (Volume/Value); 8.4.3.1.1. Zeolite; 8.4.3.1.2. Metallic; 8.4.3.1.3. Chemical Compounds; 8.4.4. South Korea; 8.4.4.1. By Type (Volume/Value); 8.4.4.1.1. Zeolite; 8.4.4.1.2. Metallic; 8.4.4.1.3. Chemical Compounds; 8.4.5. Rest of Asia Pacific; 8.4.5.1. By Type (Volume/Value); 8.4.5.1.1. Zeolite; 8.4.5.1.2. Metallic; 8.4.5.1.3. Chemical Compounds
9. Latin America Refinery Catalyst Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. By Type (Volume/Value); 9.2.1. Zeolite; 9.2.2. Metallic; 9.2.3. Chemical Compounds; 9.3. By Application (Volume/Value); 9.3.1. FCC; 9.3.2. Alkylation; 9.3.3. Hydrotreating; 9.3.4. Hydrocracking; 9.3.5. Catalytic Reforming; 9.3.6. Others; 9.4. By Country (Volume/Value); 9.4.1. Brazil; 9.4.1.1. By Type (Volume/Value); 9.4.1.1.1. Zeolite; 9.4.1.1.2. Metallic; 9.4.1.1.3. Chemical Compounds; 9.4.2. Rest of Latin America; 9.4.2.1. By Type (Volume/Value); 9.4.2.1.1. Zeolite; 9.4.2.1.2. Metallic; 9.4.2.1.3. Chemical Compounds
10. Middle East & Africa Refinery Catalyst Market Analysis, Insights and Forecast, 2019-2032: 10.1. Key Findings / Summary; 10.2. By Type (Volume/Value); 10.2.1. Zeolite; 10.2.2. Metallic; 10.2.3. Chemical Compounds; 10.3. By Application (Volume/Value); 10.3.1. FCC; 10.3.2. Alkylation; 10.3.3. Hydrotreating; 10.3.4. Hydrocracking; 10.3.5. Catalytic Reforming; 10.3.6. Others; 10.4. By Country (Volume/Value); 10.4.1. Saudi Arabia; 10.4.1.1. By Type (Volume/Value); 10.4.1.1.1. Zeolite; 10.4.1.1.2. Metallic; 10.4.1.1.3. Chemical Compounds; 10.4.2. Iran; 10.4.2.1. By Type (Volume/Value); 10.4.2.1.1. Zeolite; 10.4.2.1.2. Metallic; 10.4.2.1.3. Chemical Compounds; 10.4.3. UAE; 10.4.3.1. By Type (Volume/Value); 10.4.3.1.1. Zeolite; 10.4.3.1.2. Metallic; 10.4.3.1.3. Chemical Compounds; 10.4.4. Rest of Middle East & Africa; 10.4.4.1. By Type (Volume/Value); 10.4.4.1.1. Zeolite; 10.4.4.1.2. Metallic; 10.4.4.1.3. Chemical Compounds
11. Competitive Landscape: 11.1. Company Market Share/Market Ranking Analysis, By Key Players; 11.2. Company Profiles; 11.2.1. Albemarle Corporation; 11.2.1.1. Overview; 11.2.1.2. Description; 11.2.1.3. Product Portfolio; 11.2.1.4. Financials (Data as available in public domain and/or on paid databases); 11.2.1.5. Recent Developments; 11.2.2. BASF SE; 11.2.2.1. Overview; 11.2.2.2. Description; 11.2.2.3. Product Portfolio; 11.2.2.4. Financials (Data as available in public domain and/or on paid databases); 11.2.2.5. Recent Developments; 11.2.3. Haldor Topsoe A/S; 11.2.3.1. Overview; 11.2.3.2. Description; 11.2.3.3. Product Portfolio; 11.2.3.4. Financials (Data as available in public domain and/or on paid databases); 11.2.3.5. Recent Developments; 11.2.4. Honeywell International Inc.; 11.2.4.1. Overview; 11.2.4.2. Description; 11.2.4.3. Product Portfolio; 11.2.4.4. Financials (Data as available in public domain and/or on paid databases); 11.2.4.5. Recent Developments; 11.2.5. Clariant; 11.2.5.1. Overview; 11.2.5.2. Description; 11.2.5.3. Product Portfolio; 11.2.5.4. Financials (Data as available in public domain and/or on paid databases); 11.2.5.5. Recent Developments; 11.2.6. Axens; 11.2.6.1. Overview; 11.2.6.2. Description; 11.2.6.3. Product Portfolio; 11.2.6.4. Financials (Data as available in public domain and/or on paid databases); 11.2.6.5. Recent Developments; 11.2.7. Johnson Matthey; 11.2.7.1. Overview; 11.2.7.2. Description; 11.2.7.3. Product Portfolio; 11.2.7.4. Financials (Data as available in public domain and/or on paid databases); 11.2.7.5. Recent Developments; 11.2.8. China Petroleum & Chemical Corporation; 11.2.8.1. Overview; 11.2.8.2. Description; 11.2.8.3. Product Portfolio; 11.2.8.4. Financials (Data as available in public domain and/or on paid databases); 11.2.8.5. Recent Developments; 11.2.9. Royal Dutch Shell plc; 11.2.9.1. Overview; 11.2.9.2. Description; 11.2.9.3. Product Portfolio; 11.2.9.4. Financials (Data as available in public domain and/or on paid databases); 11.2.9.5. Recent Developments; 11.2.10. Arkema; 11.2.10.1. Overview; 11.2.10.2. Description; 11.2.10.3. Product Portfolio; 11.2.10.4. Financials (Data as available in public domain and/or on paid databases); 11.2.10.5. Recent Developments; 11.2.11. ANTEN CHEMICAL CO., LTD.; 11.2.11.1. Overview; 11.2.11.2. Description; 11.2.11.3. Product Portfolio; 11.2.11.4. Financials (Data as available in public domain and/or on paid databases); 11.2.11.5. Recent Developments
12. Strategic Recommendations