| Refinery catalysts are used by petroleum refineries in the cracking process. Global refinery catalyst market is mainly driven by the increasing demand for cleaner petroleum products. Based on type, the refinery catalyst can be categorized into seven segments namely Hydroprocessing Catalysts, Fluid Catalytic Cracking Catalysts, Alkylation Catalysts, Hydrogen Manufacturing Catalysts, Hydrodesulphurization Catalysts, Isomerization Catalysts and Others.
Global Refinery Catalyst Market - Trends, COVID-19 impact and Growth Forecasts to 2026
ChemIntel360’s global Refinery Catalyst Market study is a 200 slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, types, and end-use industry perspective. The industry is expected to grow at a CAGR of 3.2% mainly due to increasing demand for improved cleaner petroleum end products which is expected to bolster the market over the forecast period.
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Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by type (Fluid Catalytic Cracking Catalysts, Reforming Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Isomerization Catalysts, Alkylation Catalysts, and Others), by Ingredients (Metals, Zeolites, Chemical Compounds, and Others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Refinery Catalyst market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$3.8 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Regional Analysis
On the basis of Geography, the global Refinery Catalyst market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
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Competitive Landscape
The global Refinery Catalyst market study report offers a valuable insight with an emphasis on the global market including some of the major players are Albemarle Corporation, W. R. Grace & Co., Haldor Topsoe A/S, Honeywell UoP LLC, Sinopec Corp, Clariant International Ltd., Johnson Matthey PLC, Exxon Mobil Corporation, KNT Group.
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