United Kingdom catalyst market size was USD 454.10
million in 2022 and is anticipated to increase at a CAGR of 4.50% during the
forecast period. Catalysis is extremely important in various phases of the fuel
development process. The United Kingdom catalyst market refers to the industry
involved in the production, distribution, and application of catalysts within
the country. Catalysts are substances that facilitate or accelerate chemical
reactions without being consumed in the process. They play a vital role in
numerous industrial sectors by enhancing the efficiency, selectivity, and
cost-effectiveness of chemical processes. For the consistent conversion of
crude oil into finished commercial goods, numerous catalytic processes are
required. Delineated arrangement the refining process consumes up to 30% of all
the catalysts produced in the industry. The reduction of the olefins, and to a
lesser degree, the aromatic components of the catalyst, is due to the catalytic
addition of hydrogen to the various refining streams, thereby eliminating
heteroatoms, particularly those composed of sulphur and nitrogen, which are
detrimental to the environment. The modern refinery cycle encompasses the
hydrolysis of end-products and intermediate hydrocarbons, as well as the
utilization of hydrocracking equipment to upgrade heavy intermediate products
in a variety of environments. Catalysts are used as fertilizers along
with raw material to increase nutrient availability in the roots and promote the
growth of the plants like ammonia is produced as a fertilizer with the help of
iron catalysts.
Catalyst cracking is an endothermic process while
hydrocracking is an exothermic process. While catalytic cracking and
hydrocracking involve the use of catalysts, catalytic cracking does not involve
the use of hydrogen. Types of refining catalysts are hydrocracking catalysts,
hydrotreating catalysts, fluid catalytic cracking catalysts, and catalytic
reforming catalysts. A catalyst and a high partial pressure of hydrogen gas are
used in the hydrocracking process to convert complex hydrocarbon molecules into
simpler ones. By reacting with hydrogen in the presence of a catalyst,
hydrotreating is the process of eliminating undesirable contaminants such as sulfur,
nitrogen, and metals from oil fractions. A catalyst and heat are used in the
chemical process of fluid catalytic cracking to split long-chain hydrocarbons
into shorter-chain hydrocarbons and a catalytic reforming catalyst is the
modification of molecules to enhance the anti-knocking property of gasoline.
Heterogeneous catalysts are solid substances that operate in a different phase
from the reactants. They are commonly used in industries such as petroleum
refining, chemicals, and automotive emissions control. Homogeneous catalysts
are in the same phase as the reactants, typically in liquid form. They find
applications in various chemical processes, including pharmaceuticals, fine
chemicals, and polymer synthesis.
In the pharmaceutical industry, catalysts are
essential to manufacture active pharmaceutical ingredients or APIs. It is more
cost-effective in the long run for the manufacturing of APIs because it
produces less waste and can be recycled. The most important and in-demand
market component in the synthesis of pharmaceutical active ingredients is
catalyst. Hence Catalyst market in United Kingdom will grow in the forecast
period.
Increasing Demand from Refinery for Catalytic
Cracking
Refiners must carry out their refining process with
a few environmental pollutants due to the rise in the number of rigorous
environmental laws on emissions from refineries. Refining catalysts are one of
the greatest solutions to implement these ever-increasing environmental
restrictions in the refining process. Catalysts are mostly utilized in the
cracking of feedstock components in petroleum refining to boost the production
of high-quality products. Along with cost and energy savings, the use of a
catalyst encourages the optimization of hydrocracking reactions. This has aided
market expansion for applications related to petroleum refining. A further
26% of the UK's use of chemical catalysts comes from the petrochemical and fine
chemical industries, and if catalysts for primary plastics and rubbers are
included, the percentage rises to 35% ($151.8 m in total). Numerous big
multinational corporations (MNCs) and thousands of small-to-medium-sized
businesses (SME) make up the UK's chemical catalyst consumers. Larger
businesses frequently reside in chemical clusters. In the UK, there are three
chemical clusters: Saltend, Hull, England; Wilton International/Teesside,
England; and Grangemouth, Scotland. The INEOS refinery complex is the center of
the Grangemouth industrial cluster, which includes a crude oil refinery,
produces 2 million metric tonnes of chemical products annually (mtpa). Any
chemical compound with a dual purpose that is employed in refineries to speed
up the refining of raw materials while also controlling the rate of the
chemical reaction is referred to as a refining catalyst. The process of turning
used dangerous catalysts into safe materials is known as refining catalysts. On
the one hand, a refining catalyst is a chemical that is utilized as a catalyst
in refineries to refine raw materials. On the other hand, the process of
purifying spent, or tainted catalysts is also known as refining catalysts.
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Rising Demand from Flourishing Petrochemicals
Industry
Six petroleum refineries in the UK account for a
sizable portion of the market (the remaining 23%), and these facilities are key
end-users of catalysts. In the UK, catalyst revenue for applications used in
refining will increase at a CAGR of 1.1% from 2019 to 2025. In the UK, no
increases in refinery capacity are projected; any growth is due to the higher
cost of catalysts used per unit of refinery capacity. This rise is anticipated due
to the rise in the demand for cleaner fuels imposed by tighter fuel
requirements. A portion of this capacity may also be converted to renewable
energy sources, such as hydrogenated vegetable oil (HVO), which can be used to
create synthetic crude products.
Rising Demand for Environmental Catalyst
Johnson Matthey, a major producer of catalysts in
the UK with its main office in Royston, Hertfordshire, is responsible for
producing major share of Catalysts in the country. The focus of this is the regulation of
stationary power, transportation, and other engine-out emissions, as well as
the cleaning and purifying of petrol. Additionally, it is a top supplier of
catalysts and process technology to produce hydrogen, syngas and its
derivatives, clean fuels, chiral compounds, commodity chemicals, and fine
chemicals. Most of the catalyst material exported from the UK to other
countries is JM's catalyst. Total Energies has converted a portion of its
French refining capacity to hydrotreated vegetable oil (HVO) fuels, which are
recognized as green fuels under the European Renewable Energy Directive -
Recast to 2030. As a result, the amount of catalyst needed at the refinery's
front end will grow during the forecast period for the production of major end
use products. However, the demand for environmental catalyst will grow due to the
increasing demand for technologies. Hydrogen is the largest opportunity for
creating new catalyst revenue in the chemicals and environmental sectors. The
UK has picked up the pace on supporting this area with the hydrogen supply competition
being run by the Department of Business Energy & Industrial Strategy
(BEIS).
Market Segmentation
The United
Kingdom catalyst market is segmented based on type and application. Based on type, the market is divided into heterogeneous
catalysts and homogeneous catalysts. Based on material, the market is segmented into zeolites,
chemical compounds, metals, and additives.
Market Players
BASF SE, Evonik Industries AG, Honeywell UOP, Johnson
Matthey plc, and Ecovyst Catalyst Technologies UK Limited, are some of the key
players operating in the United Kingdom catalyst market.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in USD Million, Volume in metric tonnes for 2018-2022 and 2024-2028
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Report coverage
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Revenue forecast, Volume forecast, company share,
competitive landscape, growth factors, and trends
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Segments covered
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Regional scope
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Eastern; Northern & Central; Southern; Western.
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Key companies profiled
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BASF SE, Evonik Industries AG, Honeywell UOP, Johnson Matthey plc, and
Ecovyst Catalyst Technologies UK Limited
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Customization scope
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10% free report customization with purchase.
Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research needs.
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Delivery Format
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PDF and Excel through Email (We can also provide
the editable version of the report in PPT/Word format on special request)
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Report Scope:
In this report, United Kingdom Catalyst Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- United Kingdom Catalyst Market, By Type:
- Homogeneous Catalysts
- Heterogeneous Catalyst
- United Kingdom Catalyst Market, By Material:
- Zeolites
- Chemical Compounds
- Metals
- Additives
- United
Kingdom Catalyst Market, By Region:
- Scotland
- North United Kingdom
- Yorkshire & Humberside
- East of England
- South United Kingdom
- Wales
- Midlands
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in United Kingdom 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).
United Kingdom 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]