Refinery catalysts are inhibitors which facilitate faster refining of crude oil. Refinery catalysts are chemicals which boost the refining process without undergoing any self-change in their chemical properties. Catalysts play a very vital role in petroleum refining and shale gas exploration. Refinery catalysts are thus immensely used in petroleum refining due to its beneficial aspects.
Global refinery catalysts market is segmented on the basis of ingredients into metals, chemical compounds and zeolites. Based on types global refinery catalysts are classified as fluid catalytic cracking (FCC) catalyst; alkylation catalyst; hydro-processing catalyst which include hydro-treating catalyst and hydro- cracking catalyst; and others that include isomerization catalyst, sweetening catalyst and hydrodesulphurization catalyst.
Increasing population accompanied by fast moving lifestyle of consumers has led to the increased demand of petroleum products. This in turn empowers the rapid growth of global refinery catalyst market. Research and development of green catalyst is a significant factor in the modern market which fuels the growth of global refinery catalyst market. Increase in the number of vehicle production and transport is another factor expected to drive this market for the forecast period. Environmental concerns, adverse health effect and high cost are factors which restrain the growth of global refinery catalyst market.
North America is the leading geographic market and is expected to continue over the forecast due to high consumption of petroleum products. Developing economies like Asia Pacific are expected to show rapid growth over the forecast. Regions like China and India contribute to the rapid growth of refinery catalysts market. Owing to their massive population and disposable incomes of consumers, Middle East and Latin America are expected to show steady growth. Regulations and Stringent norms in Europe are dominant factors responsible for the growth of refinery catalysts market.
Leading companies in the global refinery catalyst market are Albemarle Corporation, Honeywell International Inc., BASF SE, Royal Dutch, Haldor Topsoe, W.R. Grace & Co., China Petroleum & Chemical Corporation, Huntsman Corporation and Clariant AG.
Decision Databases is involved in providing research reports and company profiles in the global refinery catalysts market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The refinery catalysts market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our refinery catalysts profiles.
SEGMENTATIONS IN REPORT:
Refinery Catalysts By Types:
1. INTRODUCTION TO THE REFINERY CATALYSTS MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF REFINERY CATALYSTS
4. REFINERY CATALYSTS MARKET ANALYSIS BY TYPES
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