Refineries face problems in processing tight oil such as heat balance effect (especially in shale oil), configuration imbalance, and presence of contaminant metals. Thereby, the refinery catalysts offers solutions to attain maximum conversion and selectivity on light feeds, solutions for metal tolerance, and for optimum butylene selection. Additionally, with the enactment of stringent emission regulations combined with growing environmental concerns the refinery catalysts manufacturers are focusing in developing new catalysts and technologies to maximize the output from tight oil feedstock with minimum emissions.
This market is driven by a number of factors, such as the enactment of stringent emission norms to reduce the NOx and sulfer content in the air, and rising demand for high-performance transportation fuel. However, this market faces certain drawbacks, such as declining crude oil reserves and high production costs. These factors may act as a roadblock to the growth of the market.
The Global Refining Catalysts market, on the basis of type can be broadly segmented into Fluid Catalytic Cracking Catalysts, Reforming Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts, Isomerization Catalysts, Alkylation Catalysts, and Other Catalysts. The market has also been segmented on the basis of ingredients, namely, Aluminosilicates, Metal, and Other Chemicals.
The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and Middle-East & Africa. In terms of market revenue in 2015, North America led the market with a share of XX.XX%. The US has been estimated to be the biggest market in the world, because consistently increasing industrial activities, steady growth in the demand for and production of automobiles, and consistently increasing demand for high-performance fuel (owing to stringent Corporate Average Fuel Economy standards). However, the high production costs may hinder the growth of the refining catalysts in the North America region.
Furthermore, the growing popularity of the high-performance catalysts and shifting focus of the refining catalysts manufacturers towards the manufacturing of nanocatalysts will offer numerous opportunities in the growth of the Global Refining Catalysts Market. Some of the major companies dominating this market for its products, services, and continuous product developments are Chevron Corp. Evonik Industries AG, Sinopec, BASF, and W.R. Grace & Co.
Market analysis for the Global Refining Catalysts Market, with region specific assessments and competition analysis on global and regional scales
Market definition along with the identification of key drivers and restraints
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their market shares
Identification and analysis of the macro and micro factors that affect the Global Refining Catalysts market on both global and regional scales
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
1.2 Research Methodology
2. Executive Summary
3. Refining Catalysts Market
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter's Five Forces Model
4. Market Dynamics
4.1.1 Accelerating Energy Demands
4.1.2 Enactment of Stringent Clean Air Regulations and Emission Norms
4.1.3 Accelerating Demand for High-Performance Transportation Fuel
4.2.1 Declining Crude Oil Reserves
4.2.2 High Production Costs
4.3.1 Shifting Focus Towards Nanocatalysts - Blue Ocean Strategy
4.3.2 Increasing Demand for Maintaining High Octane Number
4.3.3 Growing Popularity of High-Performance Catalysts
5. Market Segmentation and Analysis
5.1 By Type
5.1.1 Fluid Catalytic Cracking Catalysts
5.1.2 Reforming Catalysts
5.1.3 Hydrotreating Catalysts
5.1.4 Hydrocracking Catalysts
5.1.5 Isomerization Catalysts
5.1.6 Alkylation Catalysts
5.1.7 Other Catalysts
5.2 By Ingredients
5.2.3 Other Chemicals
6. Global Market Analaysis
6.1 North America
6.1.1 United States
6.1.4 Rest of North America
6.2.2 United Kingdom
6.2.6 Rest of Europe
6.3.4 South Korea
6.3.5 Rest of Asia-Pacific
6.4 South America
6.4.3 Rest of South America
6.5 Middle-East and Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.3 Rest of Middle-East and Africa
7. Competitive Landscape
7.1 Mergers and Acquisition
7.2 Joint Ventures, Collaborations, and Agreements
7.3 Market Share Analysis
7.4 Strategies Adopted by Leading Players
8. Company Profiles
8.1 BASF AG
8.2 Advanced Refining Technologies (ART)
8.3 Albemarle Corp.
8.4 Axens S.A.
8.5 Chevron Corp.
8.6 Clariant AG
8.7 Clariant AG
8.8 CRI/Criterion Inc.
8.11 Evonik Industries AG
8.12 ExxonMobil Chemical
8.13 Grace Davison
8.14 Haldor Topsoe
8.15 Honeywell International
8.16 Johnson Matthey
8.18 LyondellBasell Industries
8.23 Umicore S.A.
8.24 Univation Technologies LLC
8.25 UOP LLC
8.26 W. R. Grace & Co.