Research By Markets adds Market Research Report - Global Refinery Catalyst Market Growth 2019-2024 – ResearchbyMarkets.com
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Refining catalyst is a substance that aids in the conversion of petroleum refinery naphthas into high-octane liquid products. Besides, it also converts low octane hydrocarbons into cyclic naphthalenes and other branched alkanes. Then, these are again dehydrogenated to produce aromatic hydrocarbons with high octane number. Refining catalyst produces high valued elements that are used in petrochemicals, diesel, and gasoline.
Refinery catalyst production is concentrated relatively and is a technology-intensive industry. Currently, there are several producing companies in the world refinery catalyst industry, more of which are located in USA. The main market players are Grace Catalysts Technologies, BASF, Albemarle, Criterion, Johnson Matthey, Haldor Topsoe, UOP (Honeywell) and others. The global production of refinery catalyst will increase to 1052.07 K MT in 2019 from 881.12 K MT in 2014 with the 3.61% average growth rate.
The major raw materials for refinery catalyst are sodium silicate, kaolin, sodium aluminate and others. Fluctuations in the price of the upstream product will impact on the production cost of refinery catalyst, and then impact the price of refinery catalyst.
According to this study, over the next five years the Refinery Catalyst market will register a 3.0% CAGR in terms of revenue, the global market size will reach US$ 5294.2 million by 2024, from US$ 4574.2 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Refinery Catalyst business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Refinery Catalyst market by product type, application, key manufacturers and key regions and countries.
This study considers the Refinery Catalyst value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Grace Catalysts Technologies
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Refinery Catalyst consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Refinery Catalyst market by identifying its various subsegments.
Focuses on the key global Refinery Catalyst manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Refinery Catalyst with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Refinery Catalyst submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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