세계의 하이드로크래커 시장 예측 : 유형별, 촉매 유형별, 원료별, 용도별, 지역별 분석(-2030년)

According to Stratistics MRC, the Global Hydrocracker Market is accounted for $71.89 billion in 2024 and is expected to reach $117.9 billion by 2030 growing at a CAGR of 8.6% during the forecast period. A hydrocracker is an essential refinery unit that converts heavy hydrocarbons into lighter, higher-value products such as diesel, jet fuel, and gasoline. High pressure, high temperatures, and hydrogen gas in the presence of catalysts are all used in the process, which is called hydro cracking. In order to comply with environmental requirements, hydrocrackers are made to transform heavy oil fractions, such as vacuum gas oil and residue, into cleaner, low-sulfur fuels.

Market Dynamics:

Driver:

Growing Demand for Cleaner Fuels

Stringent environmental rules aimed at decreasing emissions, such as standards for ultra-low sulfur diesel and gasoline, are driving up demand for cleaner fuel. This change forces refineries to modernize their operations, and hydrocrackers are essential in this process since they transform heavy crude into high-quality, low-sulfur fuels. Investment in hydrocracker units is encouraged by the demand in order to satisfy market demands and regulatory requirements. The market is expanding because hydrocrackers are becoming necessary for sustainable refining as nations prioritize fuel economy and decarbonization.

Restraint:

High Capital and Operating Costs

Hydrocrackers' high operating and capital expenses can impede market expansion by discouraging investment in new initiatives and improvements. Smaller refiners may be put off by the high initial installation costs as well as continuing maintenance and operating costs. This cost barrier might cause hydrocracking technology to be adopted more slowly, which would affect the market's overall capacity increase. As a result, it prevents the market from expanding.

Opportunity:

Rising Energy Consumption

Rising energy consumption, particularly in developing nations, has driven up demand for transportation fuels and petrochemicals. The requirement for efficient fuel production increases as industrial activity and population growth continue. In this situation, hydrocrackers are essential because they allow refineries to transform heavier crude oils into lighter, more marketable goods like gasoline and diesel. Investment in hydro cracking technology is fueled by this trend, which also increases refinery capacity and efficiency to satisfy market demands while maintaining environmental regulations, thus promoting market expansion. As a result, it promotes market expansion.

Threat:

Fluctuating Crude Oil Prices

Fluctuating crude oil prices negatively impact the market by creating financial uncertainty for refiners. Low prices may lead to reduced margins, prompting refineries to scale back investments in hydro cracking technology and maintenance. This can delay project timelines and hinder capacity expansion. Additionally, volatility complicates long-term planning, making it difficult for refiners to commit to costly hydrocracker upgrades, thus it hampers the growth of the market.

Covid-19 Impact:

The COVID-19 pandemic disrupted the hydrocracker market due to reduced demand for transportation fuels amid lockdowns and travel restrictions. Refinery operations slowed, leading to delays in hydrocracker projects and maintenance. However, the market rebounded as fuel consumption recovered post-pandemic. The crisis also accelerated the shift toward cleaner fuels, prompting refineries to upgrade hydrocrackers for enhanced efficiency and environmental compliance.

The zeolite-based catalysts segment is expected to be the largest during the forecast period

The zeolite-based catalysts segment is expected to be the largest during the forecast period as these catalysts enable better conversion of heavy hydrocarbons into valuable products like diesel, jet fuel, and petrochemical feed stocks. Their high thermal stability and acidity facilitate deeper cracking, optimizing refinery yields. Additionally, zeolite catalysts support the production of cleaner fuels by promoting the removal of sulfur and other impurities. As refineries aim to meet stricter environmental regulations and maximize profitability, the demand for advanced zeolite-based catalysts continues to grow.

The residue upgrading segment is expected to have the highest CAGR during the forecast period

The residue upgrading segment is expected to have the highest CAGR during the forecast period because it maximizes resource utilization, reduces waste, and enhances profitability by converting residues that would otherwise be used as low-grade fuel. Residue upgrading through hydro cracking also supports environmental compliance by lowering sulfur and carbon emissions. As refineries adapt to shifting crude oil qualities and stricter fuel standards, the demand for hydrocrackers with residue upgrading capabilities continues to grow.

Region with largest share:

North America is projected to hold the largest market share during the forecast period as it enables refineries to convert heavy crude into higher-value products like diesel and jet fuel, improving operational efficiency and profitability. The growing demand for cleaner fuels and the shift toward petrochemical production further drive hydrocracker adoption. As North America focuses on energy transition and refining upgrades, hydrocrackers help refineries remain competitive while ensuring compliance with stricter fuel standards and supporting domestic energy needs.

Region with highest CAGR:

Asia Pacific is projected to witness the highest CAGR over the forecast period owing to demand for transportation fuels, especially in countries like China and India, drives market expansion. Additionally, hydrocrackers help refineries optimize heavy crude processing, enhancing profitability. The shift toward petrochemicals as refineries diversify their outputs also boosts hydrocracker adoption. This market plays a key role in improving fuel quality and ensuring energy security in the region.

Key players in the market

Some of the key players in Hydrocracker Market include Albemarle Corporation, Arkema, Axens, BASF SE, BP plc, Chevron Corporation, Clariant, Exxon Mobil Corporation, Haldor Topsoe A/S, Honeywell International Inc., Indian Oil Corporation Limited, JGC Corporation, Johnson Matthey, PetroChina Company Limited, Royal Dutch Shell plc, Saudi Aramco, Sinopec Corporation, TotalEnergies SE, Valero Energy Corporation and W. R. Grace & Co.-Conn.

Key Developments:

In July 2024, BASF and 'Pragati' extended full transparency & traceability to bio-based footwear solutions with SuCCESS code. The footwear segment has been at the forefront of implementing sustainable solutions at BASF.

In June 2024, CPGC and BASF signed Framework Agreement on actual ship application of Onboard Carbon Capture System. OASE blue is BASF's gas treatment technology designed for CO2 capture application in flue gas, with low energy consumption, low solvent losses, and an exceptionally flexible operating range.

In Oct 2023, Honeywell announced Honeywell Product Quality Review, an innovative software solution for manufacturers of medical products. The solution is designed to automate and streamline the annual product quality review (APQR) process.

Types Covered:

• Single-stage Hydrocracker
• Two-stage Hydrocracker

Catalyst Types Covered:

• Zeolite-based Catalysts
• Noble Metal-based Catalysts
• Non-noble Metal Catalysts

Feed stocks Covered:

• Vacuum Gas Oil (VGO)
• Residue Upgrading
• Unconventional Feedstock

Applications Covered:

• Diesel Production
• Jet Fuel Production
• Naphtha Production
• Lube Oil Production
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Hydrocracker Market, By Type

• 5.1 Introduction
• 5.2 Single-stage Hydrocracker
• 5.3 Two-stage Hydrocracker

6 Global Hydrocracker Market, By Catalyst Type

• 6.1 Introduction
• 6.2 Zeolite-based Catalysts
• 6.3 Noble Metal-based Catalysts
• 6.4 Non-noble Metal Catalysts

7 Global Hydrocracker Market, By Feedstock

• 7.1 Introduction
• 7.2 Vacuum Gas Oil (VGO)
• 7.3 Residue Upgrading
• 7.4 Unconventional Feedstock

8 Global Hydrocracker Market, By Application

• 8.1 Introduction
• 8.2 Diesel Production
• 8.3 Jet Fuel Production
• 8.4 Naphtha Production
• 8.5 Lube Oil Production
• 8.6 Other Applications

9 Global Hydrocracker Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Albemarle Corporation
• 11.2 Arkema
• 11.3 Axens
• 11.4 BASF SE
• 11.5 BP plc
• 11.6 Chevron Corporation
• 11.7 Clariant
• 11.8 Exxon Mobil Corporation
• 11.9 Haldor Topsoe A/S
• 11.10 Honeywell International Inc.
• 11.11 Indian Oil Corporation Limited
• 11.12 JGC Corporation
• 11.13 Johnson Matthey
• 11.14 PetroChina Company Limited
• 11.15 Royal Dutch Shell plc
• 11.16 Saudi Aramco
• 11.17 Sinopec Corporation
• 11.18 TotalEnergies SE
• 11.19 Valero Energy Corporation
• 11.20 W. R. Grace & Co.-Conn.