Global Residue Upgrading Catalysts Market Growth 2024-2030

Global Residue Upgrading Catalysts Market Growth 2024-2030

Residue Upgrading Catalysts are specialized chemicals used in the refining process to convert heavy crude oils and refinery residues into lighter, more valuable products such as gasoline, diesel and jet fuel. These catalysts help break down the large, complex hydrocarbon molecules found in heavy oils, remove impurities such as sulfur, nitrogen and metals, and increase the hydrogen content. Residue upgrading processes include hydrotreating (hydroprocessing and hydrocracking), fluid catalytic cracking (FCC) and other processes. The use of these catalysts improves the efficiency and economic viability of refining operations, helping to meet the growing demand for cleaner fuels while minimizing waste and environmental impact.

The global Residue Upgrading 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 Upgrading Catalysts Industry Forecast” looks at past sales and reviews total world Residue Upgrading Catalysts sales in 2023, providing a comprehensive analysis by region and market sector of projected Residue Upgrading Catalysts sales for 2024 through 2030. With Residue Upgrading Catalysts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Residue Upgrading Catalysts industry.

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

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

United States market for Residue Upgrading 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 Upgrading 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 Upgrading 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 Upgrading Catalysts players cover BASF, ART Hydroprocessing, Shell, Axens, Topsoe, 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 Upgrading Catalysts market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hydroprocessing Catalysts
Fluid Catalytic Cracking (FCC) Catalysts
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.
BASF
ART Hydroprocessing
Shell
Axens
Topsoe
Albemarle
Grace Catalysts Technologies
Honeywell UOP
Johnson Matthey
JGC C&C
KNT Group
Sinopec
CNPC
HCpect
Rezel

Key Questions Addressed in this Report

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

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

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

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

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



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