Global Residue Hydrogenation Catalysts Market Growth 2024-2030

Global Residue Hydrogenation Catalysts Market Growth 2024-2030

Residue hydrogenation catalysts are specialized materials used in the petroleum refining process to upgrade heavy oil fractions such as vacuum or atmospheric residues. These catalysts facilitate the hydrogenation of hydrocarbons, reducing impurities like sulfur, nitrogen, and metals while improving the hydrogen-to-carbon ratio of the feedstock. Typically composed of transition metals like molybdenum, tungsten, nickel, or cobalt, supported on materials like alumina, these catalysts enable the production of lighter, more valuable hydrocarbon products, such as diesel or naphtha, while also enhancing the stability and quality of the residual feed. They play a critical role in residue hydroprocessing by improving both fuel quality and refinery efficiency.

The global Residue Hydrogenation Catalysts market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Residue Hydrogenation Catalysts Industry Forecast” looks at past sales and reviews total world Residue Hydrogenation Catalysts sales in 2023, providing a comprehensive analysis by region and market sector of projected Residue Hydrogenation Catalysts sales for 2024 through 2030. With Residue Hydrogenation Catalysts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residue Hydrogenation Catalysts industry.

This Insight Report provides a comprehensive analysis of the global Residue Hydrogenation Catalysts 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 Residue Hydrogenation Catalysts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Residue Hydrogenation Catalysts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Residue Hydrogenation Catalysts 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 Residue Hydrogenation Catalysts.

United States market for Residue Hydrogenation Catalysts is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Residue Hydrogenation Catalysts is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Residue Hydrogenation Catalysts is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Residue Hydrogenation Catalysts players cover ART Hydroprocessing, Axens, Topsoe, BASF, Shell, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Residue Hydrogenation Catalysts market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hydrodesulfurization (HDS)
Hydrodemetallization (HDM)
Others

Segmentation by Application:
Vacuum Residue
Atmospheric Residue

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 analysing the company's coverage, product portfolio, its market penetration.
ART Hydroprocessing
Axens
Topsoe
BASF
Shell
Albemarle
Honeywell UOP
Johnson Matthey
Nippon Ketjen
Sinopec
CNPC
Shandong Gongquan Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Residue Hydrogenation Catalysts market?

What factors are driving Residue Hydrogenation Catalysts market growth, globally and by region?

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

How do Residue Hydrogenation Catalysts market opportunities vary by end market size?

How does Residue Hydrogenation Catalysts break out by Type, by Application?



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