Global Residue Hydrodemetalization Catalysts Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Residue Hydrodemetalization Catalysts market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
RHDM catalysts are typically composed of a high-surface-area support material, such as alumina or silica, that is impregnated with active metals such as molybdenum or cobalt. The support material provides a large surface area for catalytic reactions to take place, while the active metals promote the hydrogenation and removal of metal impurities.
The global market for RHDM catalysts is driven by the increasing demand for high-quality refined products and the growing complexity of crude oil feedstocks. As the quality of crude oil reserves declines and the industry turns to unconventional sources such as heavy oils and bitumen, the levels of metal impurities in crude oil residues are increasing. This is creating a strong demand for effective RHDM catalysts that can remove these impurities while minimizing the loss of valuable hydrocarbons.
The market for RHDM catalysts is also influenced by regulatory factors such as environmental regulations and fuel quality standards. Many countries have implemented regulations aimed at reducing the levels of sulfur and other harmful emissions in refined products, which has led to an increased focus on the use of RHDM catalysts to improve the quality of crude oil residues.
The Asia-Pacific region is the largest market for RHDM catalysts, driven by the growing demand for refined products in countries such as China and India. The region is also home to some of the largest refineries in the world, which require large quantities of RHDM catalysts to process heavy crude oils and residues.
North America and Europe are also significant markets for RHDM catalysts, driven by the increasing use of heavy oils and bitumen as feedstocks. The development of new RHDM catalyst formulations that are more effective at removing metal impurities and reducing sulfur levels is expected to further drive market growth in these regions.
In conclusion, the market for residue hydrodemetalization catalysts is driven by the increasing demand for high-quality refined products and the growing complexity of crude oil feedstocks. Regulatory factors and the development of new catalyst formulations are also important drivers of market growth. The Asia-Pacific region is the largest market for RHDM catalysts, but North America and Europe are also significant markets with strong growth potential.
Residue hydrodemetalization (RHDM) catalysts are a type of catalyst used in the refining industry to remove metal impurities from crude oil residues. These residues are the heavy, viscous by-products of crude oil distillation, and they contain high levels of metals such as nickel, vanadium, and iron that can damage refining equipment and reduce the quality of the end products. RHDM catalysts are designed to selectively remove these metals while minimizing the loss of valuable hydrocarbons.
This report is a detailed and comprehensive analysis for global Residue Hydrodemetalization Catalysts market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Residue Hydrodemetalization Catalysts market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Residue Hydrodemetalization Catalysts market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Residue Hydrodemetalization Catalysts market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029
Global Residue Hydrodemetalization Catalysts market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Residue Hydrodemetalization Catalysts
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Residue Hydrodemetalization Catalysts market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Advanced Refining Technologies (ART), Albemarle, Shell Catalysts & Technologies, Haldor Topsoe and UOP, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Residue Hydrodemetalization Catalysts market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Ni
Mo-Ni
Market segment by Application
Atmospheric Residue
Vacuum Residue
Major players covered
Advanced Refining Technologies (ART)
Albemarle
Shell Catalysts & Technologies
Haldor Topsoe
UOP
Axens
Johnson Matthey
Sinopec
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Residue Hydrodemetalization Catalysts product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Residue Hydrodemetalization Catalysts, with price, sales, revenue and global market share of Residue Hydrodemetalization Catalysts from 2018 to 2023.
Chapter 3, the Residue Hydrodemetalization Catalysts competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Residue Hydrodemetalization Catalysts breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Residue Hydrodemetalization Catalysts market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Residue Hydrodemetalization Catalysts.
Chapter 14 and 15, to describe Residue Hydrodemetalization Catalysts sales channel, distributors, customers, research findings and conclusion.