The catalysts in petroleum refining market size is expected to see strong growth in the next few years. It will grow to $8.29 billion in 2030 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to tightening sulfur and emission regulations, rising demand for renewable diesel and sustainable aviation fuel, increasing processing of heavy and sour crude oil, adoption of ai optimized refinery operations, expansion of energy transition driven refining technologies. Major trends in the forecast period include ai driven catalyst performance optimization and predictive refining control, iot enabled real time catalyst health monitoring in refinery reactors, advanced hydroprocessing catalyst innovation for ultra low sulfur fuel production, shift toward renewable feedstock compatible and bio based refining catalysts, development of nanostructured high selectivity catalysts for improved yield and efficiency.
The growing global demand for transportation fuels is expected to propel the growth of the catalysts in petroleum refining market going forward. Transportation fuels are energy sources, including gasoline, diesel, jet fuel, and marine fuels, that power vehicles, aircraft, ships, and other transportation systems. The demand for transportation fuels is increasing due to rising passenger and freight mobility worldwide, as expanding travel activity and growing goods transportation require higher fuel consumption across road, air, and marine transport networks. Catalysts in petroleum refining improve the production of high-quality gasoline, diesel, and jet fuel by enhancing the efficiency of crude oil conversion processes, enabling refiners to increase fuel yields, improve product quality, and comply with stringent environmental standards required by the transportation sector. For instance, in September 2024, according to a report published by Statistics Canada, a Canada-based central statistical agency, net sales of gasoline increased by 2.0% from 2022, reaching 41.5 billion litres in 2023. Therefore, the growing global demand for transportation fuels is driving the growth of the catalysts in petroleum refining market.
Major companies operating in the catalysts in petroleum refining market are focusing on developing innovative products, such as renewable fuel processing catalysts, to improve feedstock flexibility, enhance operational efficiency, and support the production of low-carbon transportation fuels. Renewable fuel processing catalysts are advanced catalytic materials designed to convert renewable feedstocks, including vegetable oils and waste-based oils, into renewable diesel and sustainable aviation fuel (SAF), offering a sustainable alternative to conventional petroleum refining catalysts that are primarily optimized for fossil-based feedstocks. For instance, in June 2024, Ketjen Corporation, a US-based catalyst solutions provider, introduced the ReNewFine catalyst portfolio for 100% Hydrotreated Vegetable Oil (HVO) processing and Sustainable Aviation Fuel production. Developed in collaboration with Neste Oyj, a Finland-based energy and petroleum company, the catalyst portfolio draws on more than two decades of operational experience in renewable fuel manufacturing and is designed to maximize renewable fuel production from a broad range of feedstocks. The solution enhances refinery efficiency, increases feedstock processing flexibility, and optimizes the production of renewable diesel and SAF. Additionally, the portfolio broadens access to high-performance renewable fuel catalyst technology for commercial refiners aiming to accelerate sustainable fuel production and reduce carbon emissions.
In January 2026, Technip Energies N.V., a France-based technology and engineering company, acquired the Advanced Materials & Catalysts (AM&C) business of Ecovyst Inc. for an undisclosed amount. Through this acquisition, Technip Energies aimed to strengthen its technology portfolio by expanding its advanced catalyst and specialty materials capabilities, increasing recurring revenues within its Technology, Products & Services segment, and accelerating growth opportunities in sustainable fuels, circular chemistry, carbon capture, and other energy-transition markets. Ecovyst Inc. is a US-based chemicals company specializing in the supply of catalysts for petroleum refining.
Major companies operating in the catalysts in petroleum refining market report are Sinopec Catalyst Co. Ltd., PetroChina Lanzhou Petrochemical Catalyst Factory, ExxonMobil Catalysts and Licensing LLC, Shell Plc, BASF SE, Ketjen Corporation, Qingdao Huicheng Environmental Technology Group Co. Ltd., Johnson Matthey Plc, Taiyo Koko Co. Ltd., Honeywell UOP LLC, JGC Catalysts and Chemicals Ltd., W. R. Grace & Co.-Conn., Topsoe A/S, Dorf Ketal Chemicals India Private Limited, Axens S.A., N.E. Chemcat Corporation, Zeolyst International Inc., Chevron Lummus Global LLC, Advanced Refining Technologies LLC, Eurecat, Anten Chemical Co. Ltd.
North America was the dominating region in the catalysts in petroleum refining market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the catalysts in petroleum refining market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the catalysts in petroleum refining market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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Table of Contents
Executive Summary
Catalysts In Petroleum Refining Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses catalysts in petroleum refining market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for catalysts in petroleum refining? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The catalysts in petroleum refining market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Refining Process: Fluid Catalytic Cracking; Hydrotreating; Hydrocracking; Catalytic Reforming; Isomerization2) By Feedstock Type: Light Crude Oil; Medium Crude Oil; Heavy Crude Oil; Sour Crude Oil; Renewable Feedstocks
3) By Ingredient: Zeolites; Metals; Chemical Compounds; Other Ingredients
4) By End User: Oil Refineries; Petrochemical Complexes; Integrated Refinery-Petrochemical Facilities; Renewable Fuel Producers
Subsegments:
1) By Fluid Catalytic Cracking: Zeolite Based Fluid Catalytic Cracking Catalysts; Rare Earth Fluid Catalytic Cracking Catalysts; Residue Fluid Catalytic Cracking Catalysts; High Octane Fluid Catalytic Cracking Catalysts2) By Hydrotreating: Cobalt Molybdenum Hydrotreating Catalysts; Nickel Molybdenum Hydrotreating Catalysts; Nickel Tungsten Hydrotreating Catalysts; Ultra Low Sulfur Hydrotreating Catalysts
3) By Hydrocracking: Single Stage Hydrocracking Catalysts; Two Stage Hydrocracking Catalysts; High Conversion Hydrocracking Catalysts; Middle Distillate Hydrocracking Catalysts
4) By Catalytic Reforming: Platinum Based Catalytic Reforming Catalysts; Bimetallic Catalytic Reforming Catalysts; Continuous Regeneration Reforming Catalysts; Semi Regenerative Reforming Catalysts
5) By Isomerization: Light Naphtha Isomerization Catalysts; Heavy Naphtha Isomerization Catalysts; Chlorinated Alumina Isomerization Catalysts; Zeolite Based Isomerization Catalysts
Companies Mentioned: Sinopec Catalyst Co. Ltd.; PetroChina Lanzhou Petrochemical Catalyst Factory; ExxonMobil Catalysts and Licensing LLC; Shell Plc; BASF SE; Ketjen Corporation; Qingdao Huicheng Environmental Technology Group Co. Ltd.; Johnson Matthey Plc; Taiyo Koko Co. Ltd.; Honeywell UOP LLC; JGC Catalysts and Chemicals Ltd.; W. R. Grace & Co.-Conn.; Topsoe A/S; Dorf Ketal Chemicals India Private Limited; Axens S.A.; N.E. Chemcat Corporation; Zeolyst International Inc.; Chevron Lummus Global LLC; Advanced Refining Technologies LLC; Eurecat; Anten Chemical Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentations: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
- Sinopec Catalyst Co. Ltd.
- PetroChina Lanzhou Petrochemical Catalyst Factory
- ExxonMobil Catalysts and Licensing LLC
- Shell Plc
- BASF SE
- Ketjen Corporation
- Qingdao Huicheng Environmental Technology Group Co. Ltd.
- Johnson Matthey Plc
- Taiyo Koko Co. Ltd.
- Honeywell UOP LLC
- JGC Catalysts and Chemicals Ltd.
- W. R. Grace & Co.-Conn.
- Topsoe A/S
- Dorf Ketal Chemicals India Private Limited
- Axens S.A.
- N.E. Chemcat Corporation
- Zeolyst International Inc.
- Chevron Lummus Global LLC
- Advanced Refining Technologies LLC
- Eurecat
- Anten Chemical Co. Ltd.

