Global Hydroprocessing Catalysts (HPC) Market Growth 2023-2029

Global Hydroprocessing Catalysts (HPC) Market Growth 2023-2029

Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen – is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Catalysts are required for the reaction to be usable; non-catalytic hydrogenation takes place only at very high temperatures. Hydrogenation reduces double and triple bonds in hydrocarbons.

LPI (LP Information)' newest research report, the “Hydroprocessing Catalysts (HPC) Industry Forecast” looks at past sales and reviews total world Hydroprocessing Catalysts (HPC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydroprocessing Catalysts (HPC) sales for 2023 through 2029. With Hydroprocessing Catalysts (HPC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydroprocessing Catalysts (HPC) industry.

This Insight Report provides a comprehensive analysis of the global Hydroprocessing Catalysts (HPC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydroprocessing Catalysts (HPC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hydroprocessing Catalysts (HPC) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydroprocessing Catalysts (HPC) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydroprocessing Catalysts (HPC).

The global Hydroprocessing Catalysts (HPC) market size is projected to grow from US$ 1492.6 million in 2022 to US$ 1942.9 million in 2029; it is expected to grow at a CAGR of 1942.9 from 2023 to 2029.

Hydrogenation catalyst is a high technical barrier market with limited suppliers. Market concentration is high. The top 3 players Clariant, Johnson Matthey and Advanced Refining Technologies (ART) takes a combined global market share of 41%. Other suppliers like Shell Catalysts & Technologies, Albemarle, Haldor Topsoe, UOP (Honeywell) and Sinopec takes a smaller share in the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Hydroprocessing Catalysts (HPC) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Transition Metal Based Catalyst
Noble Metal Based Catalyst

Segmentation by application
Refining
Petrochemicals
Oil & Fat Hydrogenation

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Clariant
Evonik
Advanced Refining Technologies (ART)
Shell Catalysts & Technologies
Johnson Matthey
Axens
UOP
Haldor Topsoe
Albemarle
Sinopec
CNPC
SJEP

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hydroprocessing Catalysts (HPC) market?

What factors are driving Hydroprocessing Catalysts (HPC) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hydroprocessing Catalysts (HPC) market opportunities vary by end market size?

How does Hydroprocessing Catalysts (HPC) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.