Refinery Catalyst Market Trends

  • Report ID: 3060
  • Published Date: Sep 17, 2024
  • Report Format: PDF, PPT

Global Refining Catalysts Market

  1. An Outline of the Global Refining Catalysts Market
    1. Market Definition
    2. Market Segmentation
  2. Assumptions and Abbreviations
  3. Research Methodology & Approach
    1. Secondary Research
    2. Primary Research
    3. Data Triangulation
    4. SPSS Methodology
  4. Executive Summary
  5. Opportunities
  6. Growth Drivers
  7. Major Roadblocks
  8. Prevalent Trends
  9. Government Regulation
  10. Growth Outlook
  11. Risk Analysis
  12. Price Benchmarking
  13. SWOT
  14. Supply Chain
  15. Upcoming Technologies
  16. Regional Demand
  17. Integration of Advanced Technology
  18. Merger and Acquisitions
  19. Type Analysis
  20. Refining Catalysts in Crude Oil Refining
  21. Regional Analysis on Catalyst Plants
  22. Growth Overview of Petrochemical Industry
  23. Component Analysis
  24. EXIM Analysis
  25. Recent Development
  26. Comparative Positioning
  27. Competitive Landscape
  28. Competitive Model
    1. Company Market Share
    2. Business Profile of Key Enterprise
      1. ExxonMobil Catalysts           
      2. Shell Catalysts & Technologies
      3. BASF
      4. Honeywell UOP
      5. Clariant 
      6. Albemarle Corporation 
      7. Johnson Matthey 
      8. Zeolyst International
      9. WR Grace & Co
      10. Haldor Topsoe
      11. Sinopec Corp
      12. Evonik Industries AG
      13. Antenchem
  29. Global Refining Catalysts Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons) and Compound Annual Growth Rate (CAGR)
    3. Global Refining Catalysts Market Segmentation Analysis (2024-2037)
      1. By Type
        1. FCC Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Hydrotreating Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Hydrocracking Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4.  Catalysts for Catalytic Reforming, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
      2. By  Component
        1. Zeolites, Market Value (USD Million), and CAGR, 2024-2037F
        2. Metals, Market Value (USD Million), and CAGR, 2024-2037F
        3. Compounds, Market Value (USD Million), and CAGR, 2024-2037F
      3. By Region
        1. North America, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Europe, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Asia Pacific Excluding Japan, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4. Japan, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Latin America, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        6. Middle East and Africa, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        7. Cross Analysis of Type W.R.T. Component (USD Million), 2024-2037
  30. North America Refining Catalysts Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons) and Compound Annual Growth Rate (CAGR)
    3. North America Refining Catalysts Market Segmentation Analysis (2024-2037)
      1. By Type
        1. FCC Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Hydrotreating Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Hydrocracking Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4.  Catalysts for Catalytic Reforming, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
      2. By Country
        1. US, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Canada, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Cross Analysis of Type W.R.T. Component (USD Million), 2024-2037
  31. Europe Refining Catalysts Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons) and Compound Annual Growth Rate (CAGR)
    3. Europe Refining Catalysts Market Segmentation Analysis (2024-2037)
      1. By Type
        1. FCC Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Hydrotreating Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Hydrocracking Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4.  Catalysts for Catalytic Reforming, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
      2. By Component
        1. Zeolites, Market Value (USD Million), and CAGR, 2024-2037F
        2. Metals, Market Value (USD Million), and CAGR, 2024-2037F
        3. Compounds, Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. UK, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Germany, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. France, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4. Italy, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Spain, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        6. BENELUX, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        7. Poland, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        8. Russia, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        9. Rest of Europe, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        10. Cross Analysis of Type W.R.T. Component (USD Million), 2024-2037
  32. Asia Pacific Excluding Japan Refining Catalysts Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons) and Compound Annual Growth Rate (CAGR)
    3. Asia Pacific Excluding Japan Refining Catalysts Market Segmentation Analysis (2024-2037)
      1. By Type
        1. FCC Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Hydrotreating Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Hydrocracking Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4.  Catalysts for Catalytic Reforming, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
      2. By Component
        1. Zeolites, Market Value (USD Million), and CAGR, 2024-2037F
        2. Metals, Market Value (USD Million), and CAGR, 2024-2037F
        3. Compounds, Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. China, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. India, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Indonesia, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4. South Korea, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Malaysia, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        6. Australia, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        7. Singapore, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        8. Vietnam, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        9. New Zealand, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        10. Rest of Asia Pacific Excluding Japan, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        11. Cross Analysis of Type W.R.T. Component (USD Million), 2024-2037
  33. Japan Refining Catalysts Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons) and Compound Annual Growth Rate (CAGR)
    3. Japan Refining Catalysts Market Segmentation Analysis (2024-2037)
      1. By Type
        1. FCC Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Hydrotreating Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Hydrocracking Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4.  Catalysts for Catalytic Reforming, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
      2. By Component
        1. Zeolites, Market Value (USD Million), and CAGR, 2024-2037F
        2. Metals, Market Value (USD Million), and CAGR, 2024-2037F
        3. Compounds, Market Value (USD Million), and CAGR, 2024-2037F
        4. Cross Analysis of Type W.R.T. Component (USD Million), 2024-2037
  34. Latin America Refining Catalysts Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons) and Compound Annual Growth Rate (CAGR)
    3. Latin America Refining Catalysts Market Segmentation Analysis (2024-2037)
      1. By Type
        1. FCC Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Hydrotreating Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Hydrocracking Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4.  Catalysts for Catalytic Reforming, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
      2. By Component
        1. Zeolites, Market Value (USD Million), and CAGR, 2024-2037F
        2. Metals, Market Value (USD Million), and CAGR, 2024-2037F
        3. Compounds, Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. Brazil, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Argentina, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Mexico, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4. Rest of Latin America, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Cross Analysis of Type W.R.T. Component (USD Million), 2024-2037
  35. Middle East & Africa Refining Catalysts Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million), Volume (Thousand Tons) and Compound Annual Growth Rate (CAGR)
    3. Middle East & Africa Refining Catalysts Market Segmentation Analysis (2024-2037)
      1. By Type
        1. FCC Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Hydrotreating Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. Hydrocracking Catalysts, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4.  Catalysts for Catalytic Reforming, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Others, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
      2. By Component
        1. Zeolites, Market Value (USD Million), and CAGR, 2024-2037F
        2. Metals, Market Value (USD Million), and CAGR, 2024-2037F
        3. Compounds, Market Value (USD Million), and CAGR, 2024-2037F
      3. By Country
        1. GCC, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        2. Israel, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        3. South Africa, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        4. Rest of Middle East & Africa, Market Value (USD Million), Volume (Thousand Tons) and CAGR, 2024-2037F
        5. Cross Analysis of Type W.R.T. Component (USD Million), 2024-2037
  36. World Economic Outlook
  37. About Research Nester

 

Refinery Catalyst Market Trends

Growth Drivers:

  • Growing demand for clean fuels: The global push for more clean forms of fuel is expected to boost the growth of the market. Environmental policies, especially around the reduction of sulfur and nitrogen in fuels, have boosted the implementation of catalytic processes developed by refiners. For example, India adopted and upgraded its Bharat Stage IV to Bharat Stage VI, or BS-VI norms, in 2020, leading to reduced levels of sulfur in diesel and gasoline. These regulations identify the demand growth for more effective catalysts that can remove impurities, thus creating demand for FCC and hydrotreating catalysts.
  • Refinery capacities growth: The rapid industrialization in the Asia Pacific and Europe, particularly India, China, and Germany, respectively, coupled with internally rising demand for energy, makes one of the decisive influencers in the refinery catalyst market. The companies in these regions are upgrading their refineries and partnering with local players to meet the growing demand for refined products. For instance, in January 2024, BASF Process Catalysts and Envision Energy partnered to develop new process designs, capable of converting green hydrogen and CO2 to e-methanol with greater efficiency. The BASF SYNSPIRET catalyst technology is expected to become an integral part of the Envision Energy Management System, to help innovations in refining and open up new prospects in the eco-friendly refining solution market.
  • Catalyst technology developments: Advancements in catalyst technologies such as multi-catalysts, promote efficiency and selectivity within refineries. These also facilitate the processing of heavier crudes at significantly lower energy consumption levels. For example, in March 2024, Clariant announced the launch of its CLARITY Prime offering, an advanced catalytic performance monitoring service for syngas plants that utilizes machine learning to give plants the capability to ensure they are operating at peak efficiency.

Challenges:  

  • Oil price fluctuations: The volatility in the price of crude oil puts a lot of pressure on the profitability of refineries, which reduces the demand for catalysts. During low oil prices, the refineries do not invest in new technologies, which means upgrading, which would impact the refining catalyst market. According to a 2022 report by the IEA, oil price fluctuation results in a 5 percent decrease in European refinery upgrades in 2022. This happens when volatile prices stall growth in the market.
  • Environmental regulations and compliance: Stricter environmental regulations often complicate the use of new catalysts. Refineries have to constantly fulfill changing emissions legislations at huge costs. The European Commission proposed new standards for emissions of carbon in 2023, which binds the hands of refineries and presses them into investing in such catalysts that enable them to emit low levels of carbon dioxide. The regulatory pressure could be both a boon and a bane for catalyst manufacturing companies.

Refinery Catalyst Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

4.2%

Base Year Market Size (2024)

USD 8.5 billion

Forecast Year Market Size (2037)

USD 14.6 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3060
  • Published Date: Sep 17, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing demand for lighter fuel in vehicles and increasing fuel consumption are the major factors driving the market growth.

The market is anticipated to attain a notable CAGR over the forecast period, i.e., 2021-2029.

Fluctuating costs of raw material is one of the major factors estimated to hamper the market growth.

The market in the North America will provide the highest growth opportunities for the market during the forecast period on the back of large number of oil refineries, backed by increasing production of oil & gas in the region.

The major players in the market are BASF SE, JGC HOLDINGS CORPORATION, KNT Group, Albemarle Corporation, Honeywell International Inc., Clariant Ltd., Shell International B.V. and others.
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