Market Overview:
The global paraffin hydrotreating catalyst market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for paraffin products in various end-use industries, such as food, chemical, and others. In addition, the growing demand for clean fuels and lubricants is also propelling the growth of this market. Based on type, hydrogenation catalysts accounted for a major share of the global paraffin hydrotreating catalyst market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its ability to improve product quality and increase fuel efficiency by reducing emissions levels.
Product Definition:
A paraffin hydrotreating catalyst is a material used to speed up the process of breaking down hydrocarbons into smaller molecules in the presence of hydrogen. The importance of a paraffin hydrotreating catalyst is that it helps to improve the quality and yield of products from crude oil, which can then be used for a variety of purposes.
Hydrogenation Catalyst:
A hydrotreating catalyst is a chemical compound that enhances the activity of the hydrogenation reaction. Hydrogenation is a process in which unsaturated fatty acids are changed to saturated fatty acids and carbon dioxide. The major application of hydrotreating catalysts includes hydrocracking, alkylation, and dew point maintenance among others.
The global paraffin hydrotreating catalyst market size was valued at USD 35 million in 2016.
Hydrodesulfurization Catalyst:
It has applications in the petrochemical industry, as well as other end-use industries such as pharmaceuticals and food & beverages.
Application Insights:
The other application segment includes the chemical industry, wherein the product is used for treating various olefins and aromatics to produce hydrocarbons. The food industry is anticipated to be one of the fastest-growing segments over the forecast period owing to rising demand for processed foods including snacks and confectionery products.
Petroleum refiners use these catalysts due to their ability not only tolerate but also promote high temperatures during desulfurization processes, which enables themto remain competitive against other hydrogenation catalysts on account of their lower price tags.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of global paraffin hydrotreating catalyst market in 2016 owing to increasing demand from various end-use industries, such as chemical, oil & gas, and food processing. China is one of the major producers and consumers of these catalysts due to presence of large number refineries coupled with growing chemical industry across this country.
The Middle East & Africa (MEA) emerged as a potential regional market for paraffin hydrotreating catalyst during the forecast period owing to rising demand from downstream petrochemical sector coupled with increasing petroleum refining activities in this region. In addition, growing production capacity along with high investment opportunities offered by countries such as Saudi Arabia are anticipated to boost product demand over next eight years.
Growth Factors:
- Increasing demand for transportation fuels due to the growth of the automotive industry
- Stringent environmental regulations for emissions from automobiles and other sources that are driving the demand for cleaner-burning fuels
- The increasing use of paraffin hydrotreating catalysts in refineries to produce high-quality transportation fuels such as ultra-low sulfur diesel (ULSD) and gasoline meeting stringent environmental regulations
- Growing demand from developing countries, especially China and India, for cleaner-burning transportation fuels
- Technological advancements that are resulting in more efficient and reliable paraffin hydrotreating catalysts
Scope Of The Report
Report Attributes
Report Details
Report Title
Paraffin Hydrotreating Catalyst Market Research Report
By Type
Hydrogenation Catalyst, Hydrodesulfurization Catalyst, Other
By Application
Food Industry, Chemical Industry, Other
By Companies
DowDuPont, Arkema, Riogen, Sinopec, Haldor Topsoe
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Paraffin Hydrotreating Catalyst Market Report Segments:
The global Paraffin Hydrotreating Catalyst market is segmented on the basis of:
Types
Hydrogenation Catalyst, Hydrodesulfurization Catalyst, Other
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
Food Industry, Chemical Industry, Other
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:
- DowDuPont
- Arkema
- Riogen
- Sinopec
- Haldor Topsoe
Highlights of The Paraffin Hydrotreating 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:
- Hydrogenation Catalyst
- Hydrodesulfurization Catalyst
- Other
- By Application:
- Food Industry
- Chemical Industry
- Other
- 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 Paraffin Hydrotreating 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A paraffin hydrotreating catalyst is a chemical that helps to remove hydrocarbons from gas streams. These catalysts are used in processes such as hydrogenation and alkylation.
Some of the key players operating in the paraffin hydrotreating catalyst market are DowDuPont, Arkema, Riogen, Sinopec, Haldor Topsoe.
The paraffin hydrotreating catalyst market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Paraffin Hydrotreating Catalyst 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. Paraffin Hydrotreating Catalyst Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Paraffin Hydrotreating Catalyst Market - Supply Chain
4.5. Global Paraffin Hydrotreating Catalyst Market Forecast
4.5.1. Paraffin Hydrotreating Catalyst Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Paraffin Hydrotreating Catalyst Market Size (000 Units) and Y-o-Y Growth
4.5.3. Paraffin Hydrotreating Catalyst Market Absolute $ Opportunity
5. Global Paraffin Hydrotreating Catalyst 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. Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Type
5.3.1. Hydrogenation Catalyst
5.3.2. Hydrodesulfurization Catalyst
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Paraffin Hydrotreating Catalyst 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. Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Chemical Industry
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Paraffin Hydrotreating Catalyst 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. Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst 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. Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst Demand Share Forecast, 2019-2026
9. North America Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Chemical Industry
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Type
9.7.1. Hydrogenation Catalyst
9.7.2. Hydrodesulfurization Catalyst
9.7.3. Other
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 Paraffin Hydrotreating Catalyst Demand Share Forecast, 2019-2026
10. Latin America Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Chemical Industry
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Type
10.7.1. Hydrogenation Catalyst
10.7.2. Hydrodesulfurization Catalyst
10.7.3. Other
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 Paraffin Hydrotreating Catalyst Demand Share Forecast, 2019-2026
11. Europe Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Chemical Industry
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Type
11.7.1. Hydrogenation Catalyst
11.7.2. Hydrdesulfurization Catalyst
11.7.3. Other
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 Paraffin Hydrotreating Catalyst Demand Share, 2019-2026
12. Asia Pacific Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Chemical Industry
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Type
12.7.1. Hydrogenation Catalyst
12.7.2. Hydrodesulfurization Catalyst
12.7.3. Other
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 Paraffin Hydrotreating Catalyst Demand Share, 2019-2026
13. Middle East & Africa Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst 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 Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Chemical Industry
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Paraffin Hydrotreating Catalyst Market Size and Volume Forecast by Type
13.7.1. Hydrogenation Catalyst
13.7.2. Hydrodesulfurization Catalyst
13.7.3. Other
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 Paraffin Hydrotreating Catalyst Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Paraffin Hydrotreating Catalyst Market: Market Share Analysis
14.2. Paraffin Hydrotreating Catalyst Distributors and Customers
14.3. Paraffin Hydrotreating Catalyst Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DowDuPont
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arkema
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Riogen
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sinopec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Haldor Topsoe
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
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
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
