Refinery Catalyst Market By Size, Share, Trends, Growth, Forecast 2028

Report Description

Refinery Catalyst market is anticipated to grow significantly through 2028 due to the increasing demand for high octane number fuel

The combination of strict rules and rising demand for petroleum and petroleum-derived goods and chemicals is projected to drive market expansion. Catalysts for refineries are employed in the petroleum refining sector to increase the operational effectiveness of petroleum. In addition, the increasing demand for high-octane number fuel globally propels the market’s growth. Refinery catalyst can be defined as any dual-functioning chemical substance used in refineries to facilitate the refining process of crude materials and simultaneously regulate the rate of the chemical reaction. They also remove unwanted impurities such as nitrogen, metal contamination, and sulfur. These catalysts include zeolites, calcium carbonate, molybdenum, palladium, and zirconium, which are used independently or in different combinations to improve the operating effectiveness of petroleum. Increasing energy demand coupled with growing stress on green technologies has resulted in catalysts playing an important role in petroleum refining operations. Increasing emission control regulations globally are driving the need for efficient and conservative processes with high yield, which has steered catalysts demand in different applications to improve process efficiency, which is anticipated to drive the market’s growth.

Increasing Demand for High Octane Number Fuel

An increase in demand from the automobile sector for high-octane number fuel as a result of consumer desire for cheaper fuel is driving the market. The development of efficient engine technology by automakers is driving the demand for higher-octane number fuel. In addition, high-octane fuel may have advantages for the environment, the economy, and engines. With a blended octane value of 113, ethanol is a high-octane fuel that is both inexpensive and environmentally friendly. Moreover, a significant driver driving this market is the rising use of petroleum derivatives to manufacture several consumer goods.

Global Increase in FCC Catalyst

One of the most significant secondary conversion techniques utilized in refineries is fluid catalytic cracking. Primarily, it makes more gasoline from the gas oils extracted by the atmospheric and vacuum distillation units. Long-chain hydrocarbons are broken down into shorter-chain hydrocarbons by the chemical reaction known as fluid catalytic cracking. Different products such as butane, propane, distillate, gasoline, and byproduct gases produce olefins, thus creating more economic value. The growing polyolefin consumption to produce different plastics drives the demand for FCC catalysts.

Zeolites Will Continue to Be a Key Material

Zeolites are hydrated aluminosilicate minerals with trapped water molecules. Due to its excellent resilience to high pressure, high temperature, and high melting temperatures, the bulk of manufactured zeolites are employed in the FCC catalysis process for refinery applications. Zeolites are also used in processes such as olefin dealkylation, Naphtha isomerization, reforming, and hydrocracking. They are employed in producing gasoline, diesel, and products produced from petroleum, and the rising demand for these goods fosters a favorable prognosis for market growth.

Recent Developments

In March 2022, Haldor Topsoe will construct a 15,000-ton-per-year Hydroprocessing catalyst plant at its current Bayport manufacturing facility in Texas.
In July 2021, BASF will expand its chemical catalyst recycling capacity and capability. The site recycles precious metals from industrial scrap, primarily chemical catalysts, and will complement BASF’s existing precious metal recycling.
In September 2020, Clariant announced that a new catalyst manufacturing facility would be built in China.
ExxonMobil and Global Clean Energy Holdings signed an agreement for renewable diesel in August 2020.
Waste is being turned into riches by Clariant and the VUCHT research center in Duslo. Plastic waste has been turned into premium winter fuel distillate by VUCHT using a patented process and Clariant's HYDEX E next-generation hydro-dewaxing catalyst in June 2020.

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Market Segmentation

Global refinery catalyst Market is segmented based on type, material, and region. Based on the type, the market is categorized into FCC catalysts, Hydroprocessing catalysts, Catalytic Reforming catalysts, and others. Based on material, the market is fabricated into zeolites, metallic, chemical compounds, and Others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa, By Company.

Market Players

BASF SE, Haldor Topsoe A/S, Honeywell International Inc., Clariant AG, W R Grace & Co., Albemarle Corp., Shell Catalysts & Technologies LP, Johnson Matthey PLC, Exxon Mobil Corporation, Axens SA are some of the key players of Global Refinery Catalyst Market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Type · Material
Regional scope	North America, Europe, Asia Pacific, South America, Middle East & Africa
Country scope	United States; Mexico; Canada; France; Germany; United Kingdom; Italy; Spain; China; India; South Korea; Japan; Indonesia; Brazil; Argentina; South Africa; Saudi Arabia; UAE; Egypt
Key companies profiled	BASF SE, Haldor Topsoe A/S, Honeywell International Inc., Clariant AG, W R Grace & Co., Albemarle Corp., Shell Catalysts & Technologies LP, Johnson Matthey PLC, Exxon Mobil Corporation, Axens SA
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, the global refinery catalyst market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Refinery Catalyst Market, By Type:

FCC Catalysts
Hydroprocessing Catalysts
Catalytic Reforming Catalysts
Others

Refinery Catalyst Market, By Material:

Zeolites
Metallic
Chemical Compounds
Others

Refinery Catalyst Market, By Region:

North America

United States
Mexico
Canada

Europe

France
Germany
United Kingdom
Italy
Spain

Asia-Pacific

China
India
South Korea
Japan
Indonesia

South America

Brazil
Argentina

Middle East & Africa

South Africa
Saudi Arabia
UAE
Egypt

Competitive landscape

Company Profiles: Detailed analysis of the major companies in the global refinery catalyst market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Refinery Catalyst Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Refinery Catalyst Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Type (FCC Catalysts, Hydroprocessing Catalysts, Catalytic Reforming Catalysts, Others)

5.2.2. By Material (Zeolites, Metallic, Chemical Compound, Others)

5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.4. By Company (2022)

5.3. Market Map

5.3.1. By Type

5.3.2. By Material

5.3.3. By Region

6. North America Refinery Catalyst Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Type

6.2.2. By Material

6.2.3. By Country

6.3. Pricing Analysis

6.4. North America: Country Analysis

6.4.1. United States Refinery Catalyst Market Outlook

6.4.1.1. Market Size & Forecast

6.4.1.1.1. By Value & Volume

6.4.1.2. Market Share & Forecast

6.4.1.2.1. By Type

6.4.1.2.2. By Material

6.4.2. Mexico Refinery Catalyst Market Outlook

6.4.2.1. Market Size & Forecast

6.4.2.1.1. By Value & Volume

6.4.2.2. Market Share & Forecast

6.4.2.2.1. By Type

6.4.2.2.2. By Material

6.4.3. Canada Refinery Catalyst Market Outlook

6.4.3.1. Market Size & Forecast

6.4.3.1.1. By Value & Volume

6.4.3.2. Market Share & Forecast

6.4.3.2.1. By Type

6.4.3.2.2. By Material

7. Europe Refinery Catalyst Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type

7.2.2. By Material

7.2.3. By Country

7.3. Pricing Analysis

7.4. Europe: Country Analysis

7.4.1. France Refinery Catalyst Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Type

7.4.1.2.2. By Material

7.4.2. Germany Refinery Catalyst Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Type

7.4.2.2.2. By Material

7.4.3. United Kingdom Refinery Catalyst Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Type

7.4.3.2.2. By Material

7.4.4. Italy Refinery Catalyst Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Type

7.4.4.2.2. By Material

7.4.5. Spain Refinery Catalyst Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Type

7.4.5.2.2. By Material

8. Asia-Pacific Refinery Catalyst Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Material

8.2.3. By Country

8.3. Pricing Analysis

8.4. Asia-Pacific: Country Analysis

8.4.1. China Refinery Catalyst Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Type

8.4.1.2.2. By Material

8.4.2. India Refinery Catalyst Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Type

8.4.2.2.2. By Material

8.4.3. South Korea Refinery Catalyst Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Type

8.4.3.2.2. By Material

8.4.4. Japan Refinery Catalyst Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Type

8.4.4.2.2. By Material

8.4.5. Indonesia Refinery Catalyst Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Type

8.4.5.2.2. By Material

9. South America Refinery Catalyst Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Material

9.2.3. By Country

9.3. Pricing Analysis

9.4. South America: Country Analysis

9.4.1. Brazil Refinery Catalyst Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Type

9.4.1.2.2. By Material

9.4.2. Argentina Refinery Catalyst Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Type

9.4.2.2.2. By Material

10. Middle East and Africa Refinery Catalyst Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Material

10.2.3. By Country

10.3. Pricing Analysis

10.4. MEA: Country Analysis

10.4.1. South Africa Refinery Catalyst Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Type

10.4.1.2.2. By Material

10.4.2. Saudi Arabia Refinery Catalyst Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Type

10.4.2.2.2. By Material

10.4.3. UAE Refinery Catalyst Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Type

10.4.3.2.2. By Material

10.4.4. Egypt Refinery Catalyst Market Outlook

10.4.4.1. Market Size & Forecast

10.4.4.1.1. By Value & Volume

10.4.4.2. Market Share & Forecast

10.4.4.2.1. By Type

10.4.4.2.2. By Material

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition

12.2. Product Launches

12.3. Recent Developments

13. Global Refinery Catalyst Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Business Overview

15.2. Product Offerings

15.3. Recent Developments

15.4. Financials (In Case of Listed Companies)

15.5. Key Personnel

15.6. SWOT Analysis

15.6.1. BASF SE

15.6.2. Haldor Topsoe A/S

15.6.3. Honeywell International Inc.

15.6.4. Clariant AG

15.6.5. W R Grace & Co.

15.6.6. Albemarle Corp

15.6.7. Shell Catalysts & Technologies LP

15.6.8. Johnson Matthey PLC

15.6.9. Exxon Mobil Corporation

15.6.10. Axens SA

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

Which factor are expected to drive the adsorption of the Global Refinery Catalyst Market?

The growing demand for high-octane number fuels is driving the growth of the Global Refinery Catalyst Market.

Which type of catalyst is expected to dominate the Global Refinery Catalyst Market?

Hydro processing catalyst segment is expected to dominate the Global Refinery Catalyst Market on account of their widespread demand for petroleum derivatives, stringent regulations focusing on the use of ultra-low sulfur diesel, among others.

Who are the top players operating in the Global Refinery Catalyst Market?

Which region is expected to account for the largest share of the Global Refinery Catalyst Market?

Asia Pacific region is expected to hold the largest market share over the next five years due to rising demand for transportation fuel and economic development. Besides, an increasing number of private sector companies demand more catalysts in the region.