The Refinery Catalysts Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend & Growth during the study period Upto 2021.
Refinery catalysts are inhibitors which facilitate faster refining of crude oil. Refinery catalysts are chemicals which boost the refining process without undergoing any self-change in their chemical properties. Catalysts play a very vital role in petroleum refining and shale gas exploration. Refinery catalysts are thus immensely used in petroleum refining due to its beneficial aspects.
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Global refinery catalysts market is segmented on the basis of ingredients into metals, chemical compounds and zeolites. Based on types global refinery catalysts are classified as fluid catalytic cracking (FCC) catalyst; alkylation catalyst; hydro-processing catalyst which include hydro-treating catalyst and hydro- cracking catalyst; and others that include isomerization catalyst, sweetening catalyst and hydrodesulphurization catalyst.
Major player assessed in the report are :
– Albemarle Corporation
– BASF SE
– China Petroleum & Chemical Corporation
– Clariant AG
– Haldor Topsoe
– Honeywell International Inc.
Increasing population accompanied by fast moving lifestyle of consumers has led to the increased demand of petroleum products. This in turn empowers the rapid growth of global refinery catalyst market. Research and development of green catalyst is a significant factor in the modern market which fuels the growth of global refinery catalyst market. Increase in the number of vehicle production and transport is another factor expected to drive this market for the forecast period. Environmental concerns, adverse health effect and high cost are factors which restrain the growth of global refinery catalyst market.
Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
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SEGMENTATIONS IN THE REPORT :
1. Refinery Catalysts By Types :
– Fluid Catalytic Cracking (FCC) Catalyst
– Hydro-Processing Catalyst
– Alkylation Catalyst
2. Refinery Catalysts By Ingredients :
– Chemical Compounds
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Emission control catalysts are compounds that help to control pollutants in automotives. In industrial machinery it is used to control pollutants which are released into the environment and affect the smooth working of the system. The significance of this market has increased globally in the recent years with increase in measures taken to reduce pollution.
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