The global heavy oil cracking catalysts market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for heavy oil in various industries such as petrochemicals, power generation, and transportation. Heavy oil is also used as a feedstock for refining crude oil into petroleum products such as gasoline and diesel fuel. The demand for these products is expected to increase in the coming years due to an increase in population and economic growth across the globe.
The rare earth y type molecular sieve (REY) cracking catalyst segment accounted for over 50% share of the global heavy oil cracking catalysts market in 2018 owing to its high efficiency and low cost compared with other types of molecular sieves available on the market. This segment is expected to maintain its dominance throughout the forecast period owing to its high efficiency and low cost compared with other types of molecular sieves available on the market.
Some Of The Growth Factors Of This Market:
- The demand for heavy oil cracking catalysts is expected to increase in the near future due to the increasing demand for gasoline and diesel fuel.
- The use of heavy oil cracking catalysts in refining processes will also increase as a result of the increased production of heavy crude oil.
- Heavy oil cracking catalysts are used in various industries such as petrochemicals, power generation, and transportation which will lead to an increased demand for these products over time.
- The development of new technologies that can be used with heavy oil cracking catalysts will also lead to an increased demand for these products over time as they become more efficient and cost-effective than traditional methods of refining crude oils into usable fuels or chemicals.
- Heavy oil cracking catalyst producers are investing heavily in research and development activities which will lead to new technologies that can be used with these products.
Industry Growth Insights published a new data on “Heavy Oil Cracking Catalysts Market”. The research report is titled “Heavy Oil Cracking Catalysts Market research by Types (Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst, Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst, Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst, Orbit Series Heavy Oil Cracking Catalyst, Others), By Applications (Atmospheric Residue, Vacuum Residue, Vacuum Gas Oil (VGO), Others), By Players/Companies Haldor Topsoe, China National Petroleum Corporation, Axens, Johnson Matthey, Shell Global, Sud-Chemie(Clariant), Albemarle Corporation, W.R. Grace, BASF SE, ExxonMobil Chemical, Sinopec, HCpect”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy Oil Cracking Catalysts Market Research Report
By Type
Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst, Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst, Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst, Orbit Series Heavy Oil Cracking Catalyst, Others
By Application
Atmospheric Residue, Vacuum Residue, Vacuum Gas Oil (VGO), Others
By Companies
Haldor Topsoe, China National Petroleum Corporation, Axens, Johnson Matthey, Shell Global, Sud-Chemie(Clariant), Albemarle Corporation, W.R. Grace, BASF SE, ExxonMobil Chemical, Sinopec, HCpect
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Heavy Oil Cracking Catalysts Market Report Segments:
The global Heavy Oil Cracking Catalysts market is segmented on the basis of:
Types
Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst, Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst, Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst, Orbit Series Heavy Oil Cracking Catalyst, Others
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
Atmospheric Residue, Vacuum Residue, Vacuum Gas Oil (VGO), 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:
- Haldor Topsoe
- China National Petroleum Corporation
- Axens
- Johnson Matthey
- Shell Global
- Sud-Chemie(Clariant)
- Albemarle Corporation
- W.R. Grace
- BASF SE
- ExxonMobil Chemical
- Sinopec
- HCpect
Highlights of The Heavy Oil Cracking Catalysts 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:
- Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst
- Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst
- Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst
- Orbit Series Heavy Oil Cracking Catalyst
- Others
- By Application:
- Atmospheric Residue
- Vacuum Residue
- Vacuum Gas Oil (VGO)
- 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 Heavy Oil Cracking Catalysts 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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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?
Heavy oil cracking catalysts are used to break down heavy oils into lighter molecules.
Some of the key players operating in the heavy oil cracking catalysts market are Haldor Topsoe, China National Petroleum Corporation, Axens, Johnson Matthey, Shell Global, Sud-Chemie(Clariant), Albemarle Corporation, W.R. Grace, BASF SE, ExxonMobil Chemical, Sinopec, HCpect.
The heavy oil cracking catalysts market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heavy Oil Cracking Catalysts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heavy Oil Cracking Catalysts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heavy Oil Cracking Catalysts Market - Supply Chain
4.5. Global Heavy Oil Cracking Catalysts Market Forecast
4.5.1. Heavy Oil Cracking Catalysts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heavy Oil Cracking Catalysts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heavy Oil Cracking Catalysts Market Absolute $ Opportunity
5. Global Heavy Oil Cracking Catalysts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Type
5.3.1. Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst
5.3.2. Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst
5.3.3. Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst
5.3.4. Orbit Series Heavy Oil Cracking Catalyst
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heavy Oil Cracking Catalysts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Application
6.3.1. Atmospheric Residue
6.3.2. Vacuum Residue
6.3.3. Vacuum Gas Oil (VGO)
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heavy Oil Cracking Catalysts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heavy Oil Cracking Catalysts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heavy Oil Cracking Catalysts Demand Share Forecast, 2019-2026
9. North America Heavy Oil Cracking Catalysts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Application
9.4.1. Atmospheric Residue
9.4.2. Vacuum Residue
9.4.3. Vacuum Gas Oil (VGO)
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Type
9.7.1. Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst
9.7.2. Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst
9.7.3. Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst
9.7.4. Orbit Series Heavy Oil Cracking Catalyst
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heavy Oil Cracking Catalysts Demand Share Forecast, 2019-2026
10. Latin America Heavy Oil Cracking Catalysts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Application
10.4.1. Atmospheric Residue
10.4.2. Vacuum Residue
10.4.3. Vacuum Gas Oil (VGO)
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Type
10.7.1. Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst
10.7.2. Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst
10.7.3. Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst
10.7.4. Orbit Series Heavy Oil Cracking Catalyst
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heavy Oil Cracking Catalysts Demand Share Forecast, 2019-2026
11. Europe Heavy Oil Cracking Catalysts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Application
11.4.1. Atmospheric Residue
11.4.2. Vacuum Residue
11.4.3. Vacuum Gas Oil (VGO)
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Type
11.7.1. Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst
11.7.2. Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst
11.7.3. Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst
11.7.4. Orbit Series Heavy Oil Cracking Catalyst
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heavy Oil Cracking Catalysts Demand Share, 2019-2026
12. Asia Pacific Heavy Oil Cracking Catalysts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Application
12.4.1. Atmospheric Residue
12.4.2. Vacuum Residue
12.4.3. Vacuum Gas Oil (VGO)
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Type
12.7.1. Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst
12.7.2. Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst
12.7.3. Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst
12.7.4. Orbit Series Heavy Oil Cracking Catalyst
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heavy Oil Cracking Catalysts Demand Share, 2019-2026
13. Middle East & Africa Heavy Oil Cracking Catalysts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heavy Oil Cracking Catalysts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Application
13.4.1. Atmospheric Residue
13.4.2. Vacuum Residue
13.4.3. Vacuum Gas Oil (VGO)
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heavy Oil Cracking Catalysts Market Size and Volume Forecast by Type
13.7.1. Rare Earth Y Type Molecular Sieve (REY) Cracking Catalyst
13.7.2. Ultra Stable Y Molecular Sieve (USY) Cracking Catalyst
13.7.3. Rare Earth Hydrogen Y (REHY) Molecular Sieve Cracking Catalyst
13.7.4. Orbit Series Heavy Oil Cracking Catalyst
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heavy Oil Cracking Catalysts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heavy Oil Cracking Catalysts Market: Market Share Analysis
14.2. Heavy Oil Cracking Catalysts Distributors and Customers
14.3. Heavy Oil Cracking Catalysts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haldor Topsoe
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. China National Petroleum Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Axens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Johnson Matthey
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shell Global
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sud-Chemie(Clariant)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Albemarle Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. W.R. Grace
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BASF SE
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ExxonMobil Chemical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sinopec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HCpect
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
