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The Refinery Catalyst Market size was valued at USD 5.8 Billion in 2023. It is expected to reach to USD 8.5 Billion by 2032 and grow at a CAGR of 4.4% over the forecast period of 2024-2032.
Minimization of sulfur content in fuels becomes more important these days, owing to the stricter regulations on emissions worldwide. An illustrative example in this respect can be found by referring to the data provided by the U.S. Environmental Protection Agency. Therefore, the respective regulation that calls for the reduction of sulfur content in fuels can be seen as the reason for refineries to invest in catalysts that allow for the hydrocracking and hydrotreating of crude oil, thus, eliminating sulfuric compounds from it.
Additionally, the approach above is based on the industry’s need to lower its environmental footprint and produce cleaner fuel alternatives. Hence, the refinery catalysts are becoming increasingly popular due to the rising demands for fuels of high-quality and nutrition-burning fuels that are in sync with the principles of sustainable development.
The European Commission's 2020 report on the European Green Deal highlights that the European Union aims to have at least 55% reductions in greenhouse gas emissions by 2030. This includes a commitment to ensure that all fuels used in the transport sector are low in sulfur content, with regulations mandating a maximum of 10 ppm of sulfur in diesel fuel by 2021.
One of the strongest drivers of petrochemical refinery catalysts is an increased demand. More and more products are made of petrochemicals, and the global economy is coming to highly rely on these substances. They are used to create all sorts of items, such as clothes, Bottles, fertilizers, or pharmaceuticals, but the strongest increase in demand is caused by the oil and gas industry. More people are populating cities, and the urbanization trend is being increased further by advances in technology. As refineries and petrochemical plants look to increase their production, catalysts become paramount due to the need for efficiency.
The European Commission noted that the European petrochemical sector generates approximately USD 546.5 billion in revenue annually and employs around 1.3 million people. The demand for petrochemicals is projected to rise, particularly in sectors such as automotive, packaging, and construction.
Drivers
Rising demand for petroleum products drives the market growth.
Increasing adoption of cleaner fuels drives the market growth.
One of the most prominent drivers of the refinery catalyst market is the rising tendency toward the use of cleaner fuels. The tendency is encouraged by the global concern for the overall reduction of carbon emissions and a movement toward environmental sustainability. Hence, as governments and regulatory bodies worldwide start imposing more strict limitations against emissions, one can see the growing demand for the catalysts that help create low-sulfur gasoline and ultra-low-sulfur diesel. As one of the central catalysts used in the refining process, the product is commonly used for the removal of sulfur compounds from the crude. As one of the primary pollutants that define the appearance of smog in the atmosphere and subsequently contribute to the creation of acid rain, the products that contain sulfur have become the focus of environmental concern. In addition, the transition to cleaner fuels is fostered by the increasing interest in ecologically friendly products and the gradual change of the automotive industry to the use of cars powered by alternative energy types such as electricity.
The International Energy Agency (IEA) 2021 report indicated that the global demand for cleaner fuels, including low-sulfur gasoline, is expected to grow, with investments in fuel production technologies projected to reach USD 1 trillion by 2030. This investment is essential for transitioning to lower-carbon fuels and achieving global climate targets.
Restraint
Volatile crude oil prices hamper market growth.
Volatile crude oil prices are one of the factors that significantly obstruct the growth of the refinery catalyst market. The issue is that when the crude oil price is changing rapidly, the enterprises that operate the refinery business are also constantly adapting to new conditions. In this case, for the enterprises, not only the price per barrel of oil matters but the changes in demand from the population; and changes in the economy of the country and the world, are included in the overall indicator of crude oil price. The companies constantly adapt to changes in their activities depending on the changes in the oil price; this, in turn, leads to changes in the demand for refinery catalysts. For example, when the prices for crude oil collapse, many plants reduce the refining activities or stop production in order not to cover the expenses since it is unprofitable to make products at the refining catalysis.
By Product
The Zeolite product segment dominated the market with a revenue share of more than 39% in 2023. This is because zeolites are used as adsorbents and catalysts in various applications due to their porosity and large surface area. The porosity structure of zeolites can accommodate several cations including but not limited to potassium, sodium, calcium, and magnesium. Naturally, zeolites are formed as a result of the occurrence of volcanic rocks and ash layers reacting with alkaline water. However, in nature, they cannot be used since they are impure as they contain other minerals, metals, and quartz.
On the other hand, commercial zeolites are obtained from the slow crystallization of silica-alumina gel and many other atoms added to enhance activity and performance in a given process. A zeolite catalyst used is dependent on the type of feedstock, the oxidant, the desired cycle length, and the product to be obtained.
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By Application
The application segment of the FCC catalyst held the largest market share around 46% in 2023. This segment’s growth can be assessed by significant demand growth for gasoline, which is used as fuel for an automotive vehicle all over the world. Other application-based segments include fluid catalytic cracking catalysts, hydrotreating catalysts, hydrocracking catalysts, and catalytic reforming.
Fluid catalytic cracking is the method most preferred by refineries to convert heavy and high boiling hydrocarbons to lower valuable fractions. The material to be gained can be enumerated such as gasoline and diesel, C3 and C4 gaseous fraction. This process is helpful as it forms by producing an extra quantity of gasoline and satisfies the ever-growing demand for automotive vehicles. The lighter fraction produced is rerouted to the alkylation unit to produce an important high-octane component of gasoline called alkylate. The heavier fraction is used as a blender and an additive in diesel.
The Asia Pacific region held the highest market share around 41% in 2023. The leading position of the region is reinforced by the enormous capacity for refining, with almost 35% of worldwide refining capacity occupied by the Asia Pacific region. Such regional powers as China and India have shown a growth tendency in the refining capacity. Thus, over the past year, China has increased its capacity by more than 5% and reached over 1 7 million barrels per day. Moreover, the investments in advanced catalyst technologies by the companies in the Asia Pacific region have boomed as new toxic fuel regulations in Japan and South Korea, e.g., low-sulfur fuel standards, foster the refiners to take catalyst solutions for better refinements that keep them in compliance with strict regulatory standards. Therefore, the powerful expansion of capacities, regulatory restrictions in countries with strong capacities such as Japan and South Korea, and innovative solutions in Vietnam and Indonesia stir up the leading position of the Asia Pacific region in the refinery catalyst market.
BASF SE (FCC Catalysts, Hydroprocessing Catalysts)
W. R. Grace & Co. (Grace FCC Catalysts, Grace Hydrocracking Catalysts)
Albemarle Corporation (FCC Catalysts, Hydroprocessing Catalysts)
Johnson Matthey Plc (FCC Catalysts, Hydroprocessing Catalysts)
Clariant AG (FCC Catalysts, Hydrotreating Catalysts)
Haldor Topsoe A/S (Hydrocracking Catalysts, Hydrotreating Catalysts)
Honeywell UOP (UOP FCC Catalysts, UOP Hydroprocessing Catalysts)
Axens SA (FCC Catalysts, Hydrocracking Catalysts)
China Petroleum & Chemical Corporation (Sinopec) (FCC Catalysts, Reforming Catalysts)
Criterion Catalysts & Technologies L.P. (Hydroprocessing Catalysts, FCC Catalysts)
Zeolyst International (Zeolite Catalysts, Hydrocracking Catalysts)
Shell Catalysts & Technologies (FCC Catalysts, Hydroprocessing Catalysts)
Advanced Refining Technologies (ART) (Hydroprocessing Catalysts, Hydrotreating Catalysts)
JGC Catalysts and Chemicals Ltd. (FCC Catalysts, Hydrotreating Catalysts)
Qingdao Huicheng Environmental Technology Co., Ltd. (FCC Catalysts, Desulfurization Catalysts)
Albemarle Netherlands BV (Hydrotreating Catalysts, Reforming Catalysts)
Nippon Ketjen Co., Ltd. (FCC Catalysts, Hydroprocessing Catalysts)
Huntsman Corporation (Polymer Catalysts, Hydroprocessing Catalysts)
Taiyo Koko Co., Ltd. (Hydrotreating Catalysts, FCC Catalysts)
Porocel Corporation (FCC Catalysts, Hydrocracking Catalysts)
ExxonMobil
Royal Dutch Shell
Chevron
TotalEnergies
Phillips 66
BP
Valero Energy Corporation
SABIC
Petrobras
Marathon Petroleum
In 2023, BASF expanded its catalyst manufacturing capacity in China, aiming to support local demand for FCC catalysts and improve service for Asian refineries.
In 2022, Grace introduced a new line of FCC catalysts, designed to enhance yield and reduce sulfur emissions, catering to stricter environmental regulations.
In 2023, Albemarle launched a new Hydrocracking catalyst that improves conversion rates and increases refinery efficiency, tailored to meet growing fuel demands.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 5.8 Billion |
| Market Size by 2032 | US$ 8.5 Billion |
| CAGR | CAGR of4.4% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Zeolites, Metallic, Chemical Compounds, Others) • By Application (FCC Catalysts, Alkylation Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Catalytic Reforming, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | BASF SE, W. R. Grace & Co., Albemarle Corporation, Johnson Matthey Plc, Clariant AG, Haldor Topsoe A/S, Honeywell UOP, Axens SA, China Petroleum & Chemical Corporation (Sinopec), Criterion Catalysts & Technologies L.P., Zeolyst International, Shell Catalysts & Technologies, Advanced Refining Technologies (ART), JGC Catalysts and Chemicals Ltd., Qingdao Huicheng Environmental Technology Co., Ltd., Albemarle Netherlands BV, Nippon Ketjen Co., Ltd., Huntsman Corporation, Taiyo Koko Co., Ltd., Porocel Corporation. and others |
| Key Drivers | • Rising demand for petroleum products drives the market growth. • Increasing adoption of cleaner fuels drives the market growth. |
| RESTRAINTS | • Volatile crude oil prices hamper market growth. |
Ans: The Refinery Catalyst Market was valued at USD 5.8 Billion in 2023.
Ans: The expected CAGR of the global Refinery Catalyst Market during the forecast period is 4.4%.
Ans: The Zeolite product segment will grow rapidly in the Refinery Catalyst Market from 2024-2032.
Ans: Increasing adoption of cleaner fuels drives the market growth.
Ans: The China led the Refinery Catalyst Market in North America region with the highest revenue share in 2023.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
3.1 Market Driving Factors Analysis
3.1.2 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 PESTLE Analysis
3.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization, by Country, by Type, 2023
5.2 Feedstock Prices, by Country, by Type, 2023
5.3 Regulatory Impact, by l Country, by Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, by Product, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Refinery Catalyst Market Segmentation, by Product
7.1 Chapter Overview
7.2 Zeolites
7.2.1 Zeolites Market Trends Analysis (2020-2032)
7.2.2 Zeolites Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Metallic
7.3.1 Metallic Market Trends Analysis (2020-2032)
7.3.2 Metallic Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Chemical Compounds
7.4.1 Chemical Compounds Market Trends Analysis (2020-2032)
7.4.2 Chemical Compounds Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Others
7.5.1 Others Market Trends Analysis (2020-2032)
7.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Refinery Catalyst Market Segmentation, by Application
8.1 Chapter Overview
8.2 FCC Catalysts
8.2.1 FCC Catalysts Market Trends Analysis (2020-2032)
8.2.2 FCC Catalysts Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Alkylation Catalysts
8.3.1 Alkylation Catalysts Market Trends Analysis (2020-2032)
8.3.2 Alkylation Catalysts Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Hydrotreating Catalysts
8.4.1 Hydrotreating Catalysts Market Trends Analysis (2020-2032)
8.4.2 Hydrotreating Catalysts Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Hydrocracking Catalysts
8.5.1 Hydrocracking Catalysts Market Trends Analysis (2020-2032)
8.5.2 Hydrocracking Catalysts Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Catalytic Reforming
8.6.1 Catalytic Reforming Market Trends Analysis (2020-2032)
8.6.2 Catalytic Reforming Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Others
8.7.1 Others Market Trends Analysis (2020-2032)
8.7.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Refinery Catalyst Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.2.3 North America Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.4 North America Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.5.2 USA Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.6.2 Canada Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.7.2 Mexico Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3 Europe
9.3.1 Eastern Europe
9.3.1.1 Trends Analysis
9.3.1.2 Eastern Europe Refinery Catalyst Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.1.3 Eastern Europe Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.4 Eastern Europe Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.5 Poland
9.3.1.5.1 Poland Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.5.2 Poland Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.6 Romania
9.3.1.6.1 Romania Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.6.2 Romania Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.7 Hungary
9.3.1.7.1 Hungary Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.7.2 Hungary Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.8 Turkey
9.3.1.8.1 Turkey Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.8.2 Turkey Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.1.9 Rest of Eastern Europe
9.3.1.9.1 Rest of Eastern Europe Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.1.9.2 Rest of Eastern Europe Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2 Western Europe
9.3.2.1 Trends Analysis
9.3.2.2 Western Europe Refinery Catalyst Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.3.2.3 Western Europe Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.4 Western Europe Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.5 Germany
9.3.2.5.1 Germany Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.5.2 Germany Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.6 France
9.3.2.6.1 France Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.6.2 France Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.7 UK
9.3.2.7.1 UK Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.7.2 UK Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.8 Italy
9.3.2.8.1 Italy Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.8.2 Italy Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.9 Spain
9.3.2.9.1 Spain Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.9.2 Spain Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.10 Netherlands
9.3.2.10.1 Netherlands Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.10.2 Netherlands Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.11 Switzerland
9.3.2.11.1 Switzerland Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.11.2 Switzerland Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.12 Austria
9.3.2.12.1 Austria Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.12.2 Austria Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.3.2.13 Rest of Western Europe
9.3.2.13.1 Rest of Western Europe Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.3.2.13.2 Rest of Western Europe Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Refinery Catalyst Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.4.3 Asia Pacific Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.4 Asia Pacific Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.5.2 China Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.5.2 India Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.5.2 Japan Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.6.2 South Korea Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.7 Vietnam
9.4.7.1 Vietnam Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.2.7.2 Vietnam Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.8 Singapore
9.4.8.1 Singapore Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.8.2 Singapore Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.9 Australia
9.4.9.1 Australia Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.9.2 Australia Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.4.10 Rest of Asia Pacific
9.4.10.1 Rest of Asia Pacific Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.4.10.2 Rest of Asia Pacific Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5 Middle East and Africa
9.5.1 Middle East
9.5.1.1 Trends Analysis
9.5.1.2 Middle East Refinery Catalyst Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.1.3 Middle East Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.4 Middle East Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.5 UAE
9.5.1.5.1 UAE Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.5.2 UAE Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.6 Egypt
9.5.1.6.1 Egypt Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.6.2 Egypt Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.7 Saudi Arabia
9.5.1.7.1 Saudi Arabia Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.7.2 Saudi Arabia Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.8 Qatar
9.5.1.8.1 Qatar Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.8.2 Qatar Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.1.9 Rest of Middle East
9.5.1.9.1 Rest of Middle East Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.1.9.2 Rest of Middle East Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2 Africa
9.5.2.1 Trends Analysis
9.5.2.2 Africa Refinery Catalyst Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.5.2.3 Africa Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.2.4 Africa Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.5 South Africa
9.5.2.5.1 South Africa Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.2.5.2 South Africa Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.5.2.6 Nigeria
9.5.2.6.1 Nigeria Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.5.2.6.2 Nigeria Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Refinery Catalyst Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
9.6.3 Latin America Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.4 Latin America Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.5.2 Brazil Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.6.2 Argentina Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.7 Colombia
9.6.7.1 Colombia Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.7.2 Colombia Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Refinery Catalyst Market Estimates and Forecasts, by Product (2020-2032) (USD Billion)
9.6.8.2 Rest of Latin America Refinery Catalyst Market Estimates and Forecasts, by Application (2020-2032) (USD Billion)
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 W. R. Grace & Co.
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product / Services Offered
10.2.4 SWOT Analysis
10.3 Albemarle Corporation
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product / Services Offered
10.3.4 SWOT Analysis
10.4 Johnson Matthey Plc
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product / Services Offered
10.4.4 SWOT Analysis
10.5 Clariant AG
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product / Services Offered
10.5.4 SWOT Analysis
10.6 Haldor Topsoe A/S
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product / Services Offered
10.6.4 SWOT Analysis
10.7 Honeywell UOP
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product / Services Offered
10.7.4 SWOT Analysis
10.8 Axens SA
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product / Services Offered
10.8.4 SWOT Analysis
10.9 China Petroleum & Chemical Corporation
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product / Services Offered
10.9.4 SWOT Analysis
10.10 Criterion Catalysts & Technologies L.P.
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product / Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Product
Zeolites
Metallic
Chemical Compounds
Others
By Application
FCC Catalysts
Alkylation Catalysts
Hydrotreating Catalysts
Hydrocracking Catalysts
Catalytic Reforming
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Polyolefin Pipes Market size was USD 20.7 billion in 2023 and is expected to reach USD 32.5 billion by 2032 and grow at a CAGR of 5.1% by 2024-2032.
The Polybutylene Adipate Terephthalate Market size was valued at USD 1.72 billion in 2023 and is expected to grow to USD 4.61 billion by 2031 and grow at a CAGR of 12.95% over the forecast period of 2024-2031.
The Chitosan Market Size was valued at USD 12.7 billion in 2023 and is expected to reach USD 71.5 billion by 2032 and grow at a CAGR of 21.2% by 2024-2032.
The Metal Finishing Chemicals Market Size was USD 12.1 billion in 2023, and will reach USD 18.8 billion by 2032, and grow at a CAGR of 5.1% by 2024-2032.
The Fertilizers Market Size was USD 274.6 Billion in 2023 and is expected to reach USD 389.6 Billion by 2032, growing at a CAGR of 4.0% by 2024-2032.
Bioresorbable Polymers Market Size was valued at USD 1.49 billion in 2023. It is expected to reach USD 4.73 billion by 2032 and grow at a CAGR of 13.70% over the forecast period 2024-2032.
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