Global Refinery Catalyst Market is expected to reach $11.09 billion by 2027 growing a CAGR 5.2% during 2018 to 2027.

Some of the key players profiled in the Refinery Catalyst Market include W.R. Grace & Co., Royal Dutch Shell, Huntsman Corporation, Honeywell International Inc., Haldor Topsoe, BASF SE, Albemarle Corporation, Axens SA, Criterion Catalysts & Technologies L.P., and Johnson Matthey Plc.

The high demand for petroleum derivatives, rising energy consumption and favourable environmental regulations are the major factors driving the market growth. However, volatile raw material prices and diminishing crude oil reserves are restraining market growth.

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Refinery catalysts are speciality chemicals used in different operations in refineries that include fluid catalytic cracking. These catalysts provide the surface area for the chemical reaction in the FCC unit or FCC refinery, and consequently, speed up the reaction, thereby reducing the turnaround time of the manufacturing process.

Based on the material, the metals segment is likely to have a huge demand owing to increasing the usage of metals for hydroprocessing to remove unnecessary impurities and emission of harmful gases into the atmosphere.

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By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the large crude oil refining plants in China, India, Japan, and South Korea and also a large number of vehicle population in these countries.

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Types Covered:
• Hydroprocessing Catalysts
• Fluid Catalytic Cracking Catalysts
• Enzyme-Based Catalyst
• Reforming Catalysts
• H-Oil
• Other Types

Forms Covered:
• Beads
• Extrudes
• Powders

Materials Covered:
• Metals
• Chemical Compounds
• Zeolites
• Other Materials

Applications Covered:
• Chemical synthesis
• Environmental Safety
• Polymer manufacturing
• Oil refineries
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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Release ID: 88941900