Refining Catalyst Market by Product, Type, and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 186 SKU: IRTNTR75965

Refining Catalyst Market Forecast 2023-2027

The refining catalyst market size is estimated to increase by USD 1.41 billion and grow at a CAGR of 4% between 2022 and 2027. The growth of the market depends on several factors such as the increasing adoption of FCC processes, the increasing demand for cleaner fuels, and the increasing demand for crude oil products. Rising demand for crude oil products is fueling market growth, particularly evident in the global refining catalyst market. This upsurge in demand stems from various factors, including population expansion, industrialization, and heightened consumption of petroleum products. A significant driver behind this escalating demand is the increasing global population. As the world's population continues to grow, the demand for energy naturally follows suit, underscoring the crucial role of crude oil products in meeting these energy needs.

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Market Segmentation

Market Overview :

  • The market segmentation by Product  (FCC catalysts, alkylation catalysts, hydrotreating catalysts, hydrocracking catalysts, and catalytic reforming catalysts)
  • The Type segment is categorised as  (zeolites, metals, and chemical compounds)
  • FCC Catalysts Segment is fastest growing segment during the forecast year
  • The FCC Catalysts was the largest segment and were valued at  USD 2.77 billion in 2017. 
  • The Regional Analysis consists of APAC, North America, Europe, Middle East and Africa, and South America
  • APAC is is most dominating region during the forecast period
  •  It also includes an in-depth analysis of drivers (factors influencing market growth), trends (emerging patterns or shifts in consumer behavior), and challenges (barriers or obstacles faced by the industry) 

By Product Analysis

The FCC catalyst segments are estimated to witness significant growth during the forecast period. FCC catalysts are essential in the conversion of heavy hydrocarbon feedstocks into valuable lighter products, such as gasoline, diesel, and petrochemicals. FCC catalysts are efficient and effective in increasing refinery production and profitability, it has been widely applied by the oil refining industry.

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The global demand for FCC is driven by the increasing need for cleaner and higher-quality petroleum products. As global energy consumption continues to rise, the refining industry must adapt to produce fuels that meet stricter specifications while maximizing production efficiency. By improving the yield and quality of high-value products, FCC make it possible for refiners to achieve these objectives in a more profitable way.

Market Regional Analysis

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APAC is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC holds a significant position in the global market. With its robust economies and growing energy demands, countries in APAC have witnessed a significant increase in refining activities in recent years. The strategically located region, which has benefited from favorable government policies and attracted investments by major refiners around the world, is becoming a hub for oil refining. 

Moreover, China is one of the key contributors to the market in APAC. The country has witnessed rapid urbanization and industrialization, leading to a surge in energy consumption. The country has become one of the largest crude oil refining centers in the world, and refining catalysts play a crucial role in enhancing the efficiency and productivity of its refineries. Such factors will increase the market growth in this region during the forecast period.

Market Dynamics and Customer Landscape

The market is witnessing significant growth, driven by the petroleum refining industry's demand for advanced technologies to produce transportation fuels. With the focus on meeting environmental regulations, there's a growing need for high-octane fuel and ultra-low sulfur diesel (ULSD). This demand is further fueled by the shift towards renewable energy sources and sustainable approaches. Oil refineries are increasingly investing in advanced refinery catalysts such as zeolites and fluid catalytic cracking (FCC) catalysts to enhance efficiency and reduce emissions. However, stringent regulations regarding sulfur content, nitrogen oxide, and mercury emissions pose challenges. The market is also affected by raw material demand-supply imbalances, emphasizing the importance of sustainable practices in the refining industry.

Significant Market Trend 

The market is witnessing a significant trend driven by the rising demand for fuel with high octane numbers. This surge in demand for high-octane fuel is observed globally across various industries, including automotive, aviation, and power generation. The growing number of vehicles on the road, spurred by economic growth and urbanization, contributes to this trend. In response, there have been significant advancements in catalyst technology, particularly in fluid catalytic cracking refinery catalysts and HPC catalysts, to meet the demand for high-octane fuels. Additionally, stringent environmental regulations regarding emissions control and sulfur content further drive the need for advanced refinery catalysts. As the market continues to evolve with the demand for high-quality fuels, the refining catalyst market is expected to witness substantial growth in the forecast period.

Key Market Driver

Increasing demand for crude oil products is driving growth in the market. The increased growth of demand for petroleum products is being observed in the global refining catalyst market. This surge in demand can be attributed to several factors, including population growth, industrialization, and increasing consumption of petroleum products. One of the main drivers of the increasing demand for crude oil products is the growing global population. As the world population continues to rise, so does the need for energy.

The demand for crude oil products in the global market is also influenced by factors such as geopolitical developments and government policies. The demand for crude oil products can also be positively affected by government policies designed to reduce carbon emissions and promote the use of renewable energy sources. It is expected to increase the demand for crude oil products, which will propel the growth of the global market during the forecast period.

Significant Market Challenge

The rising demand for electric vehicles (EVs) is a major challenge faced by the market.  Due to the increased demand for electric cars, the worldwide industry is expected to be significantly negatively affected. As more and more consumers turn toward electric vehicles as an environmentally friendly alternative to traditional gasoline engines, the demand for refined petroleum products such as gasoline and diesel is expected to decline. This, in turn, will impact the demand, which are a crucial component in the refining process during the forecast period. 

However, the demand for gasoline and diesel is estimated to decrease significantly in the years ahead as EVs become more popular. Moreover, the economic situation of the refining sector is affected by a decrease in demand for refined petroleum products. during the forecast period. Refineries may face financial challenges and struggle to maintain profitability, as the demand for refined petroleum products decreases. This, in turn, will lead to refinery closures or downsizing, which will have a ripple effect on the industry during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Major Refining Catalyst Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Albemarle Corp. - The company offers refining catalysts such as fluid catalytic cracking FCC catalysts technology for the refining process as well as other refining catalysts through its brand Ketjen.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Albemarle Corp.
  • Arkema Group
  • Axens
  • BASF SE
  • Chevron Corp.
  • Clariant International Ltd.
  • Dorf Ketal Chemicals I Pvt. Ltd.
  • DuPont de Nemours Inc.
  • Evonik Industries AG
  • Exxon Mobil Corp.
  • Honeywell International Inc.
  • Johnson Matthey Plc
  • KNT Group
  • Lummus Technology LLC
  • McDermott International Ltd.
  • Shell plc
  • Sinopec Shanghai Petrochemical Co. Ltd.
  • TechnipFMC plc
  • Topsoes AS
  • W. R. Grace and Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook 
    • FCC catalysts
    • Alkylation catalysts
    • Hydrotreating catalysts
    • Hydrocracking catalysts
    • Catalytic reforming catalysts
  • Type Outlook 
    • Zeolites
    • Metals
    • Chemical compounds
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Market Analyst Overview

The market is witnessing significant growth driven by advancements in petroleum refining technologies and increasing demand for transportation fuel. Key players in the market are investing in advanced technologies to improve processes such as tight oil processing and production of ultra-low sulfur diesel (ULSD). Refinery catalysts like fluid catalytic cracking, alkylation, hydrotreating, and hydrocracking play a crucial role in enhancing fuel quality and meeting environmental regulations on sulfur content, nitrogen oxide, and mercury emissions. With the automotive industry focusing on green technologies and stringent emission standards, there is a growing demand for advanced refinery catalysts to ensure compliance. Global manufacturers with technical expertise are leading the market, offering sustainable solutions to address the energy demand while adhering to environmental policies and fuel norms.

Moreover, the market is experiencing significant growth driven by the petroleum refining industry and the increasing demand for oil refineries. Catalysts play a crucial role in various refining processes such as fluid catalytic cracking, alkylation, hydrotreating, and hydrocracking, enabling efficient and sustainable approaches to refining. With the implementation of emission control regulations and the emphasis on sustainable practices in the industry, there's a growing demand for HPC catalysts and hydroprocessing technologies.

Stringent regulations regarding emissions and fuel norms drive the adoption of catalysts that help meet severe emission standards while ensuring fuel economy. Global manufacturers of refinery catalysts, leveraging entities like zeolite and potassium, are meeting the demand for high-octane fuels and addressing challenges such as metal contamination and raw material demand-supply imbalance. As transportation fuel demand continues to rise, the refining catalyst market is poised for further growth.

Refining Catalyst Market Scope

Report Coverage

Details

Page number

186

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2023-2027

USD 1.41 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.55

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 31%

Key countries

US, China, India, Germany, and France

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Albemarle Corp., Arkema Group, Axens, BASF SE, Chevron Corp., Clariant International Ltd., Dorf Ketal Chemicals I Pvt. Ltd., DuPont de Nemours Inc., Evonik Industries AG, Exxon Mobil Corp., Honeywell International Inc., Johnson Matthey Plc, KNT Group, Lummus Technology LLC, McDermott International Ltd., Shell plc, Sinopec Shanghai Petrochemical Co. Ltd., TechnipFMC plc, Topsoes AS, and W. R. Grace and Co.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global refining catalyst market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global refining catalyst market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 FCC catalysts - Market size and forecast 2022-2027
      • Exhibit 34: Chart on FCC catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on FCC catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on FCC catalysts - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on FCC catalysts - Year-over-year growth 2022-2027 (%)
    • 6.4 Alkylation catalysts - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Alkylation catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Alkylation catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Alkylation catalysts - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Alkylation catalysts - Year-over-year growth 2022-2027 (%)
    • 6.5 Hydrotreating catalysts - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Hydrotreating catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Hydrotreating catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Hydrotreating catalysts - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Hydrotreating catalysts - Year-over-year growth 2022-2027 (%)
    • 6.6 Hydrocracking catalysts - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Hydrocracking catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Hydrocracking catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Hydrocracking catalysts - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Hydrocracking catalysts - Year-over-year growth 2022-2027 (%)
    • 6.7 Catalytic reforming catalysts - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Catalytic reforming catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Catalytic reforming catalysts - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Catalytic reforming catalysts - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Catalytic reforming catalysts - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Product
      • Exhibit 54: Market opportunity by Product ($ million)
      • Exhibit 55: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Zeolites - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Zeolites - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Zeolites - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Zeolites - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Zeolites - Year-over-year growth 2022-2027 (%)
    • 7.4 Metals - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Metals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Metals - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Metals - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Metals - Year-over-year growth 2022-2027 (%)
    • 7.5 Chemical compounds - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Chemical compounds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Chemical compounds - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Chemical compounds - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Chemical compounds - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 72: Market opportunity by Type ($ million)
      • Exhibit 73: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 103: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 111: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 115: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 Albemarle Corp.
              • Exhibit 127: Albemarle Corp. - Overview
              • Exhibit 128: Albemarle Corp. - Business segments
              • Exhibit 129: Albemarle Corp. - Key news
              • Exhibit 130: Albemarle Corp. - Key offerings
              • Exhibit 131: Albemarle Corp. - Segment focus
            • 12.4 Axens
              • Exhibit 132: Axens - Overview
              • Exhibit 133: Axens - Product / Service
              • Exhibit 134: Axens - Key news
              • Exhibit 135: Axens - Key offerings
            • 12.5 BASF SE
              • Exhibit 136: BASF SE - Overview
              • Exhibit 137: BASF SE - Business segments
              • Exhibit 138: BASF SE - Key news
              • Exhibit 139: BASF SE - Key offerings
              • Exhibit 140: BASF SE - Segment focus
            • 12.6 Chevron Corp.
              • Exhibit 141: Chevron Corp. - Overview
              • Exhibit 142: Chevron Corp. - Business segments
              • Exhibit 143: Chevron Corp. - Key news
              • Exhibit 144: Chevron Corp. - Key offerings
              • Exhibit 145: Chevron Corp. - Segment focus
            • 12.7 Clariant International Ltd.
              • Exhibit 146: Clariant International Ltd. - Overview
              • Exhibit 147: Clariant International Ltd. - Business segments
              • Exhibit 148: Clariant International Ltd. - Key news
              • Exhibit 149: Clariant International Ltd. - Key offerings
              • Exhibit 150: Clariant International Ltd. - Segment focus
            • 12.8 Dorf Ketal Chemicals I Pvt. Ltd.
              • Exhibit 151: Dorf Ketal Chemicals I Pvt. Ltd. - Overview
              • Exhibit 152: Dorf Ketal Chemicals I Pvt. Ltd. - Product / Service
              • Exhibit 153: Dorf Ketal Chemicals I Pvt. Ltd. - Key offerings
            • 12.9 Evonik Industries AG
              • Exhibit 154: Evonik Industries AG - Overview
              • Exhibit 155: Evonik Industries AG - Business segments
              • Exhibit 156: Evonik Industries AG - Key news
              • Exhibit 157: Evonik Industries AG - Key offerings
              • Exhibit 158: Evonik Industries AG - Segment focus
            • 12.10 Exxon Mobil Corp.
              • Exhibit 159: Exxon Mobil Corp. - Overview
              • Exhibit 160: Exxon Mobil Corp. - Business segments
              • Exhibit 161: Exxon Mobil Corp. - Key news
              • Exhibit 162: Exxon Mobil Corp. - Key offerings
              • Exhibit 163: Exxon Mobil Corp. - Segment focus
            • 12.11 Honeywell International Inc.
              • Exhibit 164: Honeywell International Inc. - Overview
              • Exhibit 165: Honeywell International Inc. - Business segments
              • Exhibit 166: Honeywell International Inc. - Key news
              • Exhibit 167: Honeywell International Inc. - Key offerings
              • Exhibit 168: Honeywell International Inc. - Segment focus
            • 12.12 Johnson Matthey Plc
              • Exhibit 169: Johnson Matthey Plc - Overview
              • Exhibit 170: Johnson Matthey Plc - Business segments
              • Exhibit 171: Johnson Matthey Plc - Key offerings
              • Exhibit 172: Johnson Matthey Plc - Segment focus
            • 12.13 KNT Group
              • Exhibit 173: KNT Group - Overview
              • Exhibit 174: KNT Group - Product / Service
              • Exhibit 175: KNT Group - Key offerings
            • 12.14 Shell plc
              • Exhibit 176: Shell plc - Overview
              • Exhibit 177: Shell plc - Business segments
              • Exhibit 178: Shell plc - Key offerings
              • Exhibit 179: Shell plc - Segment focus
            • 12.15 Sinopec Shanghai Petrochemical Co. Ltd.
              • Exhibit 180: Sinopec Shanghai Petrochemical Co. Ltd. - Overview
              • Exhibit 181: Sinopec Shanghai Petrochemical Co. Ltd. - Business segments
              • Exhibit 182: Sinopec Shanghai Petrochemical Co. Ltd. - Key news
              • Exhibit 183: Sinopec Shanghai Petrochemical Co. Ltd. - Key offerings
              • Exhibit 184: Sinopec Shanghai Petrochemical Co. Ltd. - Segment focus
            • 12.16 Topsoes AS
              • Exhibit 185: Topsoes AS - Overview
              • Exhibit 186: Topsoes AS - Product / Service
              • Exhibit 187: Topsoes AS - Key offerings
            • 12.17 W. R. Grace and Co.
              • Exhibit 188: W. R. Grace and Co. - Overview
              • Exhibit 189: W. R. Grace and Co. - Product / Service
              • Exhibit 190: W. R. Grace and Co. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 191: Inclusions checklist
                • Exhibit 192: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 193: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 194: Research methodology
                • Exhibit 195: Validation techniques employed for market sizing
                • Exhibit 196: Information sources
              • 13.5 List of abbreviations
                • Exhibit 197: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              refining catalyst market

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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              • Data on revenue-generating market segments
              • Details on the market shares of various regions
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