Catalytic Reforming Catalyst Market Global Report 2026

The catalytic reforming catalyst market size has grown strongly in recent years. It will grow from $0.71 billion in 2025 to $0.75 billion in 2026 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to rising demand for high-octane gasoline, increasing refinery utilization, growing production of aromatic hydrocarbons, expanding demand for refinery hydrogen, and increasing adoption of catalytic reforming in petroleum refining.

The catalytic reforming catalyst market size is expected to see strong growth in the next few years. It will grow to $0.97 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising demand for cleaner high-quality transportation fuels, increasing refinery efficiency requirements, growing demand for petrochemical feedstocks, expanding hydrogen production requirements in refineries, and increasing replacement demand for high-performance reforming catalysts. Major trends in the forecast period include rising demand for high-activity reforming catalysts, increasing adoption of longer-life catalyst formulations, growing demand for improved hydrogen production through reforming, expanding use of precious metal recovery and catalyst recycling, and increasing demand for catalysts with improved resistance to deactivation.

The rising fuel consumption is expected to propel the growth of the catalytic reforming catalyst market going forward. Fuel consumption refers to the use of petroleum-based fuels such as gasoline, diesel, and aviation fuels to power transportation, industrial operations, and other energy-related activities. Fuel consumption is increasing due to rising transportation activity, as higher passenger and freight movement is increasing the use of gasoline, diesel, and other transportation fuels. Rising fuel consumption drives demand for catalytic reforming catalysts by increasing refinery production of high-octane gasoline and other petroleum fuels, which require catalytic reforming processes to improve fuel quality and octane levels. For instance, in March 2026, according to the International Energy Agency (IEA), a France-based intergovernmental energy organization, global oil demand was forecast to increase by 830,000 barrels per day (b/d) in 2025, with total demand approaching 104 million barrels per day (mb/d). Therefore, the rising fuel consumption is driving the growth of the catalytic reforming catalyst market.

Leading companies operating in the catalytic reforming catalyst market are making strategic investments, such as continuous catalytic reforming (CCR) facilities, to expand refining capacity, increase the production of high-octane reformate and aromatics, and support demand for advanced reforming catalysts. Continuous catalytic reforming (CCR) facilities are refinery units that continuously regenerate catalysts while converting low-octane naphtha into high-octane reformate, aromatic hydrocarbons, and hydrogen, enabling efficient and sustained refinery operations. For example, in September 2025, China Petroleum and Chemical Corporation (Sinopec), a China-based petroleum refining and petrochemical company, began construction on an upgrade of its Tahe refining and petrochemical complex in Xinjiang, China. The project includes a new 1.5-million-ton-per-year continuous catalytic reforming (CCR) unit as part of a broader expansion that will increase crude oil refining capacity from 5 million tonnes to 8.5 million tonnes per year, supporting demand for catalytic reforming catalysts used in the production of high-octane reformate, aromatics, and hydrogen.

In July 2026, Honeywell Technologies, a US-based industrial technology company, acquired Johnson Matthey’s Catalyst Technologies business for $1.79 billion (£1.325 billion). Through this acquisition, Honeywell Technologies aims to enhance its catalyst and process technology portfolio across refining, petrochemicals, and renewable fuels by combining Johnson Matthey’s catalyst expertise with its existing process technology capabilities. Johnson Matthey’s Catalyst Technologies business is a UK-based provider of catalyst manufacturing and process technology licensing for refining and petrochemical applications.

Major companies operating in the catalytic reforming catalyst market are BASF SE, Honeywell International Inc., Johnson Matthey Plc, Clariant AG, Albemarle Corporation, Axens S.A., Topsoe A/S, Standard Industries Holdings Inc., Evonik Industries AG, Dorf-Ketal Chemicals India Private Limited, N.E. Chemcat Corporation, JGC Holdings Corporation, Ecovyst Inc., Chevron Lummus Global LLC, Kuwait Catalyst Company K.S.C., Anten Chemical Co. Ltd., Yueyang Sciensun Chemical Co. Ltd., Taiyo Koko Co. Ltd., Qingdao Huicheng Environmental Technology Group Co. Ltd.

North America was the dominant region in the catalytic reforming catalyst market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the catalytic reforming catalyst market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the catalytic reforming catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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