Market Overview:
The global hydrorefining catalyst market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for gasoline and diesel oil from developing countries, coupled with the rising awareness about environmental concerns. The hydrorefining catalyst market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into pre-hydrorefining catalysts and hydrorefining catalysts. The pre-hydrorefining catalysts segment is further sub-segmented into zeolites and clays. The hydrorefining catalysts segment is further sub-segmented into noble metals (platinum group metals) and base metals (nickel group metals). On the basis of application,the marketis dividedinto heavy vacuum oil, gasoline, diesel oil,,and others (including lubricants,, solvents,, waxes,.and asphalts)., followed by Europeand Asia Pacific..
Product Definition:
Hydrorefining Catalyst is a specialized type of catalyst used in the hydrorefining process. Hydrorefining Catalyst is used to convert high-sulfur, high-boiling petroleum fractions into low-sulfur, low boiling products such as gasoline and diesel fuel. The importance of Hydrorefining Catalyst is that it helps to produce cleaner burning fuels that help to reduce air pollution.
Pre-hydrorefining Catalyst:
Pre-hydrorefining catalysts are used in hydrorefining process to remove contaminants from the feedstock. The catalyst is primarily used for removing moisture and other impurities present in the feedstock. Pre-hydro refining catalysts are also known as hydrophobic catalysis or water-repellent catalysis (WRC).
Hydrorefining Catalyst:
A hydrorefining catalyst is a type of refining agent that promotes the desired chemical and physical reactions during the purification process. Hydrorefining catalysts are used in petroleum refining to improve the quality of crude oil into refined products such as gasoline, diesel, kerosene, etc. The most common hydrorefining catalysts include sulfuric acid/methanol catalyst and zinc dust/copper (ZD) catalyst combination.
Application Insights:
The gasoline application segment led the market and accounted for more than 45.0% share of the global revenue in 2017. The segment is projected to witness significant growth over the forecast period owing to increasing demand for gasoline as an automobile fuel due to its high energy content, which makes it suitable for use in internal combustion engines.
Diesel oil application is also estimated to witness significant growth over the forecast period on account of rising demand from construction, automotive and marine applications globally. In addition, diesel oil has a higher boiling point compared with other oils; this property allows refiners using heavy crude feedstock to produce high-quality diesel fuel with reduced processing costs and less capital investment per unit of output value.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major hydrocarbon reserves and growing demand for fuel from emerging economies such as China, India, Indonesia, Vietnam are some of the key factors contributing to regional growth.
China accounted for a share of more than 20% in total hydrorefining capacity globally in 2017 owing to increasing investments by domestic players along with government support. For instance, Sinopec invested USD X billion on upgrading its crude oil refinery complex located at Zhenfu in Hunan Province which consists of a total refining capacity exceeding 300 kilotons per annum. This investment was made possible due to increase in Chinese domestic consumption coupled with robust economic growth over past few years (Xiaoming Zhang & Hongbin Li 2018). Such developments are anticipated to boost product demand across Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand for gasoline and diesel from transportation sector
- Stringent environmental regulations for emissions from hydrocarbon processing industries
- Growing demand for clean fuels and petrochemicals in developing countries
- Technological advancements in hydrorefining catalyst technology
- Rising prices of crude oil
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrorefining Catalyst Market Research Report
By Type
Pre-hydrorefining Catalyst, Hydrorefining Catalyst
By Application
Heavy Vacuum Oil, Gasoline, Diesel Oil, Others
By Companies
China Sinopec, XinNian Petrochemical Additives Company, Jiangsu Zhong Zheng Ceramic Science & Technology, Rugao Zhongchang Chemical, Anderson & Steinssen, Inc, Jiangsu Yangzi catalyst Co., Ltd., China Sinopec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Hydrorefining Catalyst Market Report Segments:
The global Hydrorefining Catalyst market is segmented on the basis of:
Types
Pre-hydrorefining Catalyst, Hydrorefining Catalyst
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Heavy Vacuum Oil, Gasoline, Diesel Oil, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- China Sinopec
- XinNian Petrochemical Additives Company
- Jiangsu Zhong Zheng Ceramic Science & Technology
- Rugao Zhongchang Chemical
- Anderson & Steinssen, Inc
- Jiangsu Yangzi catalyst Co., Ltd.
- China Sinopec
Highlights of The Hydrorefining Catalyst Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pre-hydrorefining Catalyst
- Hydrorefining Catalyst
- By Application:
- Heavy Vacuum Oil
- Gasoline
- Diesel Oil
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydrorefining Catalyst Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydrorefining catalyst is a type of catalyst used in the hydrorefining process. It helps to break down complex molecules into smaller ones so that they can be refined into fuels and other products.
Some of the key players operating in the hydrorefining catalyst market are China Sinopec, XinNian Petrochemical Additives Company, Jiangsu Zhong Zheng Ceramic Science & Technology, Rugao Zhongchang Chemical, Anderson & Steinssen, Inc, Jiangsu Yangzi catalyst Co., Ltd., China Sinopec.
The hydrorefining catalyst market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrorefining Catalyst Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydrorefining Catalyst Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrorefining Catalyst Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydrorefining Catalyst Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydrorefining Catalyst Market Size & Forecast, 2018-2028
4.5.1 Hydrorefining Catalyst Market Size and Y-o-Y Growth
4.5.2 Hydrorefining Catalyst Market Absolute $ Opportunity
Chapter 5 Global Hydrorefining Catalyst Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydrorefining Catalyst Market Size Forecast by Type
5.2.1 Pre-hydrorefining Catalyst
5.2.2 Hydrorefining Catalyst
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydrorefining Catalyst Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydrorefining Catalyst Market Size Forecast by Applications
6.2.1 Heavy Vacuum Oil
6.2.2 Gasoline
6.2.3 Diesel Oil
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrorefining Catalyst Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydrorefining Catalyst Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydrorefining Catalyst Analysis and Forecast
9.1 Introduction
9.2 North America Hydrorefining Catalyst Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydrorefining Catalyst Market Size Forecast by Type
9.6.1 Pre-hydrorefining Catalyst
9.6.2 Hydrorefining Catalyst
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydrorefining Catalyst Market Size Forecast by Applications
9.10.1 Heavy Vacuum Oil
9.10.2 Gasoline
9.10.3 Diesel Oil
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydrorefining Catalyst Analysis and Forecast
10.1 Introduction
10.2 Europe Hydrorefining Catalyst Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydrorefining Catalyst Market Size Forecast by Type
10.6.1 Pre-hydrorefining Catalyst
10.6.2 Hydrorefining Catalyst
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydrorefining Catalyst Market Size Forecast by Applications
10.10.1 Heavy Vacuum Oil
10.10.2 Gasoline
10.10.3 Diesel Oil
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydrorefining Catalyst Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydrorefining Catalyst Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydrorefining Catalyst Market Size Forecast by Type
11.6.1 Pre-hydrorefining Catalyst
11.6.2 Hydrorefining Catalyst
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydrorefining Catalyst Market Size Forecast by Applications
11.10.1 Heavy Vacuum Oil
11.10.2 Gasoline
11.10.3 Diesel Oil
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydrorefining Catalyst Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydrorefining Catalyst Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydrorefining Catalyst Market Size Forecast by Type
12.6.1 Pre-hydrorefining Catalyst
12.6.2 Hydrorefining Catalyst
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydrorefining Catalyst Market Size Forecast by Applications
12.10.1 Heavy Vacuum Oil
12.10.2 Gasoline
12.10.3 Diesel Oil
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydrorefining Catalyst Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydrorefining Catalyst Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydrorefining Catalyst Market Size Forecast by Type
13.6.1 Pre-hydrorefining Catalyst
13.6.2 Hydrorefining Catalyst
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydrorefining Catalyst Market Size Forecast by Applications
13.10.1 Heavy Vacuum Oil
13.10.2 Gasoline
13.10.3 Diesel Oil
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydrorefining Catalyst Market: Competitive Dashboard
14.2 Global Hydrorefining Catalyst Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 China Sinopec
14.3.2 XinNian Petrochemical Additives Company
14.3.3 Jiangsu Zhong Zheng Ceramic Science & Technology
14.3.4 Rugao Zhongchang Chemical
14.3.5 Anderson & Steinssen, Inc
14.3.6 Jiangsu Yangzi catalyst Co., Ltd.
14.3.7 China Sinopec
