World Refining Catalysts

World Refining Catalysts

Growth in the world refining catalysts market is forecast to grow 3.6% yearly through 2020, reaching $4.7 billion. Growth will be spurred by increasing demand for gasoline in developing countries where vehicle ownership will expand. The changing availability of different types of crude oil will also have a large impact on demand for refining catalysts.
This report segments the global refining catalyst industry by Application, Material, and Region. Data is provided in million US dollars.

Refining catalyst applications include:
Fluid catalytic cracking
Hydro processing
Alkylation
Reforming
Other catalytic reactions

Fluid catalytic cracking catalysts will post the fastest gains through 2020, supported by increasing vehicle ownership worldwide. Growth in demand for hydro treating catalysts will slow, as refiners in developed regions reach fuel quality goals.

Refining catalyst materials include:
Acid catalysts
Metal catalysts
Zeolites

Zeolites were the largest outlet for demand in 2015. Through 2020, market leading gains in demand for zeolites will be supported by the ongoing introduction of new zeolite catalysts that can tolerate more severe condition or that can be used for a longer time.
Regions include:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast

North America was the largest market for refining catalysts in 2015; however, the region continues to lose market share to the Asia/Pacific region. Growing demand for gasoline, and increasing governmental regulation of fuel quality, will drive above-average gains in the Asia/Pacific region.

Participants in the global refining catalyst market range from large, multinational petroleum companies to smaller companies that provide a limited portfolio of catalysts. Leading suppliers include Albemarle, BASF, Chevron, China Petroleum and Chemical, Clariant, Haldor Topsoe, Honeywell International, IFP Energies nouvelles, Johnson Matthey, and Royal Dutch Shell.