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Global Refinery Catalyst Market Share, Size, Trends, Analysis, Growth, Forecast: By Type: Metallic, Zeolites, Chemical Compounds; By Application: FCC, Alkylation, Hydrocracking, Hydrotreating, Catalytic Reforming, Others; Regional Analysis; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Global Refinery Catalyst Market Outlook
The global refinery catalyst market size is expected to grow at a CAGR of 3.20% between 2023 and 2028. Aided by favourable environmental regulations and government policies to reduce carbon emissions.
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Global Refinery Catalyst Market Trends
Refined catalysts are chemical compounds that are utilised in the refining processes of crude materials. During the refining process, the catalyst’s function is to break down heavy oils into valuable and distillable products.
Government Policies for Emission Control
To address the escalating environmental issues, governments of various countries have established stringent emission control regulations. These policies can enhance the market growth of refinery catalysts as they can be used to improve fuel efficiency and reduce emissions.
Growing Petrochemical Industry
The petrochemical industry is growing fast, and various processes conducted in the industry require refining catalysts for efficient fuel with superior activity, and lifetime. This factor has significantly propelled the market demand, which helps the refining catalyst market develop.
Increasing Investment in Research and Development
Players in the refinery catalyst industry are increasing investments to focus on research and development, technologies, and capacity expansion for enhanced catalysts. Companies are improving the properties of their product to ensure their stability and reliability of it.
Increasing Demand for High-Octane Fuel can Provide Growth Opportunities
Due to increasing consumer demand for cost-efficient fuel, the automotive industry has focused on developing and launching efficient engine technologies, which is driving the demand for high-octane fuels.
Ethanol is the most known high-octane fuel available in the market and with the growing demand for such fuels, the market can be provided with significant growth opportunities.
Fluctuating Crude Oil Prices to Limit the Market Growth
Crude oil prices have been fluctuating and depleting reserves have affected the market development. With strict regulations on crude oil with high sulphur content, the market demand is further restricted.
Additionally, with technological advancements increasing the efficiency and performance of electric vehicles, consumers are showing an increasing shift toward electric vehicles.
Global Refinery Catalyst Market Analysis
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Based on type, the market can be segmented into metallic, zeolites, and chemical compounds. Based on application, it can be bifurcated into FCC, alkylation, hydrocracking, hydrotreating, and catalytic reforming, among others. The regional markets for the market can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global refinery catalyst market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Honeywell International Inc.
- Clariant AG
- Shell PLC
- BASF SE
- Arkema Group
- Others
Types of Refinery Catalysts in the Market
Based on type, the market divisions include metallic, zeolites, and chemical compounds. Zeolites are microporous, three-dimensional crystalline solids that are commonly used as commercial absorbents and catalysts. They are used in refinery processes as catalysts due to their high-pressure resistance, high-temperature resistance, and high melting point. The growing demand for various crude oils and petroleum-derived products can propel market growth.
Applications of Refinery Catalyst in the Market
Based on application, the market segments include FCC, alkylation, hydrocracking, hydrotreating, and catalytic reforming, among others.
Among these applications, FCC (fluid catalytic cracking) is expected to hold a major share of the market, owing to its utilisation for the conversion of long-chain hydrocarbons into small-chain hydrocarbons, a substance that is much more convenient to use.
The higher rates of gasoline production and by-product for the production of olefins can enhance the market value of FCC.
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Competitive Landscape
Honeywell International Inc. is an American-based multinational conglomerate, focused on inventing and manufacturing technologies. The company offers its services to various sectors including aerospace, building, performance materials and technologies, safety and productivity solutions.
Clariant AG is a Switzerland-based multinational speciality chemicals company, headquartered in Muttenz, Switzerland and it was founded in 1995. The products of the company include additives, catalysts, functional minerals, industrial and consumer specialities, oil and mining services, pigments, biofuels and derivatives.
Shell PLC is a British multinational oil and gas company which was founded in 1907. The company is headquartered in London, United Kingdom with employees in over 70 countries. They specialize in manufacturing chemical-based products such as lubricants, hydraulic fluids, coolants, and greases, among other products.
Other market players include BASF SE and Arkema Group, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Refinery Catalyst Market Analysis
8.1 Key Industry Highlights
8.2 Global Refinery Catalyst Historical Market (2018-2022)
8.3 Global Refinery Catalyst Market Forecast (2023-2028)
8.4 Global Refinery Catalyst Market by Type
8.4.1 Metallic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Zeolites
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Chemical Compounds
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Refinery Catalyst Market by Application
8.5.1 FCC
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Alkylation
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Hydrocracking
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Hydrotreating
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Catalytic Reforming
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Refinery Catalyst Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Refinery Catalyst Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Refinery Catalyst Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Refinery Catalyst Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Refinery Catalyst Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Refinery Catalyst Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Honeywell International Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Clariant AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Shell PLC
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 BASF SE
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Arkema Group
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Refinery Catalyst Market: Key Industry Highlights, 2018 and 2028
2. Global Refinery Catalyst Historical Market: Breakup by Type (USD Million), 2018-2022
3. Global Refinery Catalyst Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Global Refinery Catalyst Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Refinery Catalyst Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Refinery Catalyst Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Refinery Catalyst Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Refinery Catalyst Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Refinery Catalyst Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Refinery Catalyst Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Refinery Catalyst Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Refinery Catalyst Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Refinery Catalyst Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Refinery Catalyst Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Refinery Catalyst Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Refinery Catalyst Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Refinery Catalyst Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Refinery Catalyst Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 3.20% during the forecast period of 2023-2028.
The market is driven by the growing demand for petrochemical products and stringent government policies for emission control.
Market players increasingly investing in technologies and research and development in an effort to produce improved refinery catalysts can provide significant growth opportunities to the market.
The regional markets for the global market include North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The types of refinery catalysts available in the market include metallic, zeolites, and chemical compounds.
The applications of refinery catalysts include FCC, alkylation, hydrocracking, hydrotreating, and catalytic reforming, among others.
The key players in the market include Honeywell International Inc., Clariant AG, Shell PLC, BASF SE, and Arkema Group, among others.
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