The global refinery catalyst market size is expected to reach USD 14.55 billion by 2032, according to a new study by Polaris Market Research. The report "Global Refinery Catalyst Market Share, Size, Trends, Industry Analysis Report, By Product (Chemical Compounds, Zeolites, Metallic, Others); By Application; By Product; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Global Refinery catalysts are substances that are used in the refining process of crude oil to convert it into more valuable products such as gasoline, diesel, and jet fuel. These catalysts work by increasing the rate of chemical reactions that occur during the refining process, thus improving the efficiency of the process and reducing the energy required to produce the desired products.
The use of refinery catalysts is becoming increasingly important as the demand for cleaner and more efficient fuels continues to grow. These catalysts help to reduce the environmental impact of the petroleum refining industry by removing impurities and reducing the emissions of pollutants such as sulfur and nitrogen oxides.
There are several types of refinery catalysts that are used in the petroleum refining industry, including FCC (Fluid Catalytic Cracking) catalysts, hydrotreating catalysts, hydrocracking catalysts, and alkylation catalysts. Each of these catalysts has its own unique properties and is used in different stages of the refining process.
The FCC catalysts segment is the largest segment of the refinery catalyst market and is widely used in the production of gasoline and other fuels. Hydrotreating catalysts are used to remove sulfur from crude oil and are essential in the production of low-sulfur fuels, which are increasingly required by environmental regulations. Hydrocracking catalysts are used to break down larger hydrocarbons into smaller ones, and alkylation catalysts are used to combine smaller hydrocarbons into larger ones.
The demand for refinery catalysts is driven by several factors, including the increasing demand for cleaner and more efficient fuels, the expansion of the petroleum refining industry in developing countries, and stricter environmental regulations. The constant development and improvement of refinery catalysts are also driving the growth of the market.
Global Refinery Catalyst Market Report Highlights
- The Zeolites segment is expected to experience the fastest growth in the coming years. Zeolites are microporous materials that have a unique crystalline structure, which makes them ideal for use in catalysts.
- The FCC Catalysts segment accounted for the largest market share in 2022. FCC (Fluid Catalytic Cracking) catalysts are widely used in the petroleum refining industry for the production of gasoline and other fuels.
- The demand for refinery catalysts in North America is expected to witness significant growth in the coming years. The growth in demand can be attributed to the increasing demand for cleaner and more efficient fuels, as well as the expansion of the petroleum refining industry in the region.
- The global players include: Chevron Corporation; Exxon Mobil Corporation; Evonik Industries AG; DuPont; Haldor Topsoe A/S; Albemarle Corporation; BASF SE; Johnson Matthey Plc; W. R. Grace; Clariant International Ltd.; Arkema; Zeolyst International.
Polaris Market Research has segmented the Global Refinery Catalyst Market report based on Product, Application, and Region:
Global Refinery Catalyst Market, Product Outlook (Revenue, USD Billion, 2019-2032)
- Chemical Compounds
- Zeolites
- Metallic
- Others
Global Refinery Catalyst Market, Application Outlook (Revenue, USD Billion, 2019-2032)
- FCC Catalysts
- Catalytic Reforming
- Hydrocracking Catalysts
- Hydrotreating Catalysts
- Alkylation Catalysts
- Others
Global Refinery Catalyst Market, Regional Outlook (Revenue - USD Billion, 2019-2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Refinery Catalyst Market Insights
- 4.1. Refinery Catalyst Market - Industry Snapshot
- 4.2. Refinery Catalyst Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing demand for fuels and chemicals
- 4.2.1.2. Growing trend towards biofuels and renewable energy
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Fluctuating prices
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Refinery Catalyst Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Refinery Catalyst Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Refinery Catalyst, by Product, 2019-2032 (USD Billion)
- 5.3. Chemical Compounds
- 5.3.1. Global Refinery Catalyst Market, by Chemical Compounds, by Region, 2019-2032 (USD Billion)
- 5.4. Zeolites
- 5.4.1. Global Refinery Catalyst Market, by Zeolites, by Region, 2019-2032 (USD Billion)
- 5.5. Metallic
- 5.5.1. Global Refinery Catalyst Market, by Metallic, by Region, 2019-2032 (USD Billion)
- 5.6. Others
- 5.6.1. Global Refinery Catalyst Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Refinery Catalyst Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 6.3. FCC Catalysts
- 6.3.1. Global Refinery Catalyst Market, by FCC Catalysts, by Region, 2019-2032 (USD Billion)
- 6.4. Catalytic Reforming
- 6.4.1. Global Refinery Catalyst Market, by Catalytic Reforming, by Region, 2019-2032 (USD Billion)
- 6.5. Hydrocracking Catalysts
- 6.5.1. Global Refinery Catalyst Market, by Hydrocracking Catalysts, by Region, 2019-2032 (USD Billion)
- 6.6. Hydrotreating Catalysts
- 6.6.1. Global Refinery Catalyst Market, by Hydrotreating Catalysts, by Region, 2019-2032 (USD Billion)
- 6.7. Alkylation Catalysts
- 6.7.1. Global Refinery Catalyst Market, by Alkylation Catalysts, by Region, 2019-2032 (USD Billion)
- 6.8. Others
- 6.8.1. Global Refinery Catalyst Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Refinery Catalyst Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Refinery Catalyst Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Refinery Catalyst Market - North America
- 7.3.1. North America: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.3.2. North America: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.3.3. Refinery Catalyst Market - U.S.
- 7.3.3.1. U.S.: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.3.4. Refinery Catalyst Market - Canada
- 7.3.4.1. Canada: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4. Refinery Catalyst Market - Europe
- 7.4.1. Europe: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.2. Europe: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4.3. Refinery Catalyst Market - UK
- 7.4.3.1. UK: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4.4. Refinery Catalyst Market - France
- 7.4.4.1. France: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.4.2. France: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4.5. Refinery Catalyst Market - Germany
- 7.4.5.1. Germany: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4.6. Refinery Catalyst Market - Italy
- 7.4.6.1. Italy: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4.7. Refinery Catalyst Market - Spain
- 7.4.7.1. Spain: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4.8. Refinery Catalyst Market - Netherlands
- 7.4.8.1. Netherlands: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.4.9. Refinery Catalyst Market - Russia
- 7.4.9.1. Russia: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.5. Refinery Catalyst Market - Asia Pacific
- 7.5.1. Asia Pacific: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.5.3. Refinery Catalyst Market - China
- 7.5.3.1. China: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.5.3.2. China: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.5.4. Refinery Catalyst Market - India
- 7.5.4.1. India: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.5.4.2. India: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.5.5. Refinery Catalyst Market - Malaysia
- 7.5.5.1. Malaysia: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.5.6. Refinery Catalyst Market - Japan
- 7.5.6.1. Japan: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.5.7. Refinery Catalyst Market - Indonesia
- 7.5.7.1. Indonesia: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.5.8. Refinery Catalyst Market - South Korea
- 7.5.8.1. South Korea: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.6. Refinery Catalyst Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.6.3. Refinery Catalyst Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.6.4. Refinery Catalyst Market - UAE
- 7.6.4.1. UAE: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.6.5. Refinery Catalyst Market - Israel
- 7.6.5.1. Israel: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.6.6. Refinery Catalyst Market - South Africa
- 7.6.6.1. South Africa: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.7. Refinery Catalyst Market - Latin America
- 7.7.1. Latin America: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.7.3. Refinery Catalyst Market - Mexico
- 7.7.3.1. Mexico: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.7.4. Refinery Catalyst Market - Brazil
- 7.7.4.1. Brazil: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
- 7.7.5. Refinery Catalyst Market - Argentina
- 7.7.5.1. Argentina: Refinery Catalyst Market, by Application, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Refinery Catalyst Market, by Product, 2019-2032 (USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Chevron Corporation
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Exxon Mobil Corporation
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Evonik Industries AG
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. DuPont
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. Haldor Topsoe A/S
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Albemarle Corporation
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. BASF SE
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
- 9.8. Johnson Matthey Plc
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
- 9.9. W. R. Grace
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
- 9.10. Clariant International Ltd
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
- 9.11. Arkema
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development
- 9.12. Zeolyst International
- 9.12.1. Company Overview
- 9.12.2. Financial Performance
- 9.12.3. Product Benchmarking
- 9.12.4. Recent Development