Market Research Logo

Global Refining Catalyst Market 2016-2020

About Catalyst

A catalyst can be defined as a component that accelerates a chemical reaction without taking part in the process. The amount of catalyst required is small compared to the amount of reactants. In most cases, the entire quantity of catalyst is recovered at the end of the reaction process. In refining, catalysts play an important role in cracking heavy carbon chains into lighter products such as diesel and gasoline. Hence, these are mostly used in processes subsequent to the post atmospheric and vacuum distillation units.

Technavio’s analysts forecast the global refining catalyst market to grow at a CAGR of 3.28% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global refining catalyst market for 2016-2020. The report discusses segmentation in the refining catalyst market by process (FCC, alkylation, hydrotreating, hydrocracking, and catalytic reforming), by type (zeolites, metals, and chemical compounds).

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Refining Catalyst Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Albemarle
  • BASF
  • Honeywell-UOP
  • Royal Dutch Shell (Shell)
  • W. R. Grace
Other prominent vendors
  • ExxonMobil
  • Dow Chemicals
  • DuPont
  • Sinopec
  • Axens
Market driver
  • Higher demand for refined petroleum products boosting the refining catalyst market
  • For a full, detailed list, view our report
Market challenge
  • Overcapacity in refineries in developed countries leading to the shutdown of refineries
  • For a full, detailed list, view our report
Market trend
  • Low crude oil price has a mixed impact on refining industry and refining catalyst market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Refining Catalyst Market 2016-2020

Technavio recognizes the following companies as the key players in the global refining catalyst market: Albemarle, BASF, Honeywell, Shell, and W. R. Grace.

Other Prominent Vendors in the market are: ExxonMobil, Dow Chemicals, DuPont, Sinopec, and Axens.

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends for market growth will be stricter regulations related to fuel specifications providing a boost to secondary processing units and refining catalysts. GHG emissions from the transport sector represent a major share of overall global emissions. As a result, developed markets such as the US and Europe have been enforcing stricter emission regulations since the 1990s in a bid to reduce the content of sulfur and NOx in vehicular emissions. European countries adopted the strict standards for diesel and gasoline for all types of vehicles in 1992. Since then, they have been tightening the regulations; we note that the latest EURO VI standard was rolled out in 2015.”

According to the report, one of the key drivers for market growth will be the increase in refinery construction across Asia and the Middle East. The Middle Eastern countries have shown an increased interest in developing their own downstream refining capabilities in a bid to reduce their dependence on imports. The countries in this region intend to utilize their abundant crude oil supplies to manufacture petrochemical products and eventually start exporting these products. Such plans have sparked concerns among other petrochemicals export-oriented countries. Over 1.9 mb/d of new refining projects are expected to come online in the region during 2015-2020. The construction of new refineries is going to result in increased consumption of refining catalysts during the forecast period.

Further, the report states that unstable regulatory environment will be a challenge for the market. The growth of the refining industry in any country is predicated on the political stability in that nation. Political instability has become a major challenge in countries dealing with riots and terrorism. Such instability increases the risks associated with the safe operation of an oil refinery. Investors are wary of investing in such countries where regulations are susceptible to change. In addition, the threat of misuse of refining operations by anti-social elements forces companies to suspend operations.

Companies Mentioned

Albemarle, BASF, Honeywell, Shell, W. R. Grace, ExxonMobil, Dow Chemicals, DuPont, Sinopec, Axens.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Key assumptions
    • Top-vendor offerings
      • Table Key vendor product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Overview of global refining catalyst market
    • Market size and forecast
      • Table Global refining catalyst market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Downstream oil and gas industry analysis
  • Market segmentation by process
    • Refining catalyst market by process 2015
      • Table Segmentation of refining catalyst by process 2015
    • Refining catalyst market by process 2020
      • Table Segmentation of refining catalyst by process 2020
    • Refining catalyst by process 2015-2020
      • Table Global refining catalyst market by process 2015-2020
    • Refining catalyst market by FCC catalysts 2015-2020
      • Table Revenue generated by FCC catalyst sales 2015-2020 ($ billions)
    • Refining catalyst market by alkylation catalysts 2015-2020
      • Table Revenue generated by alkylation catalyst sales 2015-2020 ($ billions)
    • Refining catalyst market by hydrotreating catalysts 2015-2020
      • Table Revenue generated by hydrotreating catalyst sales 2015-2020 ($ billions)
    • Refining catalyst market by hydrocracking catalysts 2015-2020
      • Table Revenue generated by hydrocracking catalyst sales 2015-2020 ($ billions)
    • Refining catalyst market by catalytic reforming catalysts 2015-2020
      • Table Revenue generated by catalytic reforming catalyst sales 2015-2020 ($ billions)
  • Market segmentation by type
    • Refining catalyst by type 2015
      • Table Segmentation of refining catalyst by type 2015
    • Refining catalyst by type 2020
      • Table Segmentation of refining catalyst by type 2020
    • Refining catalyst by type 2015-2020
      • Table Global refining catalyst market by type 2015-2020
    • Refining catalysts market by zeolite-based catalysts 2015-2020
      • Table Revenue generated by zeolite-based catalyst sales 2015-2020 ($ billions)
    • Refining catalysts market by metal-based catalysts 2015-2020
      • Table Revenue generated by metal-based catalyst sales 2015-2020 ($ billions)
    • Refining catalysts market by chemical compounds based catalysts 2015-2020
      • Table Revenue generated by chemical compounds based catalyst sales 2015-2020 ($ billions)
  • Geographical segmentation
    • Refining catalysts market by geography 2015
      • Table Global refining capacity market by geography 2015
    • Refining catalysts market by geography 2020
      • Table Refining capacity market by geography 2020
    • Refining catalysts market by geography 2015-2020
      • Table Global refining catalysts market 2015-2020
    • Refining catalyst market in APAC 2015-2020
      • Table Revenue generated in APAC due to catalyst sales 2015-2020 ($ billions)
      • Table Refining capacity addition during 2015-2020 in APAC (in mb/d)
      • Table Expected annual real GDP growth rates (% per annum) in APAC countries 2015-2020
    • Refining catalysts market in Americas 2015-2020
      • Table Revenue generated in Americas from catalyst sales 2015-2020 ($ billions)
      • Table Annual real GDP growth rate 2015-2020 (% per annum)
    • Refining catalysts market in EMEA 2015-2020
      • Table Revenue generated in EMEA due to catalyst sales 2015-2020 ($ billions)
      • Table Annual Real GDP growth rate (% per annum) in Europe 2015-2020
      • Table Annual real GDP growth rate (% per annum) in MEA 2015-2020
  • Market drivers
    • Higher demand for refined petroleum products boosting the refining catalyst market
      • Table Evolution of EU fuel specifications (NOx) for passenger cars
      • Table Global status of emission standard regulations
    • Increase in refinery construction across Asia and the Middle East propelling the market
    • Upgrading of existing low NCI refineries leading to increased demand for refining catalysts
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Overcapacity in refineries in developed countries leading to the shutdown of refineries
    • Competition from renewable fuels resulting in fall in market share of refined oil products
      • Table World primary energy demand forecast 2013, 2020, 2030 and 2040 (in mboe/d)
    • Unstable regulatory environment impacting the market
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Low crude oil price has a mixed impact on refining industry and refining catalyst market
    • Stricter regulations related to fuel specifications providing a boost to secondary processing units and refining catalysts
      • Table Evolution of EU fuel specifications (NOx) for passenger cars
    • NOCs keen to set up high NCI refineries in demand growth centers, resulting in increased demand for refining catalysts
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • Albemarle
    • BASF
      • Table BASF: Product portfolio
    • Honeywell
      • Table Honeywell UOP: Product portfolio
    • Shell
      • Table Product distribution of Zeolyst International
      • Table Product portfolio
    • W. R. Grace
      • Table W. R. Grace: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report