The global refinery chemicals market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for refinery chemicals from downstream industries such as petrochemicals and oil & gas, which are witnessing an increase in production capacity due to the rise in crude oil prices and increased investments in downstream sectors.
Merchant hydrogen segment accounted for the largest share of this market in 2017, followed by catalysts segment. The merchant hydrogen segment is expected to maintain its dominance throughout the forecast period owing to its wide range of applications across various conversion processes and petroleum treatment processes.
- The demand for refinery chemicals is expected to grow at a CAGR of 3.5% from 2016 to 2021, which is higher than the global average of 2.4%.
- The growth in the refining industry will be driven by the increasing demand for petroleum products and petrochemicals, which will lead to an increase in refinery production and hence an increase in demand for refinery chemicals.
- Increasing investments by oil companies into refining capacity will also drive growth in this market as it leads to increased production of petroleum products and petrochemicals, which are key drivers of this market's growth.
- The increasing use of renewable energy sources such as solar power and wind power has led to a decrease in fossil fuel consumption, thereby reducing the need for crude oil extraction.
- Increasing environmental regulations on emissions from refineries have led to a shift towards cleaner fuels such as natural gas.
Industry Growth Insights published a new data on “Refinery Chemicals Market”. The research report is titled “Refinery Chemicals Market research by Types (Merchant Hydrogen, Catalysts, pH Adjusters, Corrosion Inhibitors), By Applications (Conversion Processes, Petroleum Treatment Processes, Water Treatment), By Players/Companies Air Products, Linde, Air Liquide, Sud-Chemie, Sarv Oil & Gas Development Industries, Axens, Haldor Topsoe, Travis, The Zoranoc Oilfield Chemical, Pars Lian Chemical, Iranian Catalyst Development”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refinery Chemicals Market Research Report
By Type
Merchant Hydrogen, Catalysts, pH Adjusters, Corrosion Inhibitors
By Application
Conversion Processes, Petroleum Treatment Processes, Water Treatment
By Companies
Air Products, Linde, Air Liquide, Sud-Chemie, Sarv Oil & Gas Development Industries, Axens, Haldor Topsoe, Travis, The Zoranoc Oilfield Chemical, Pars Lian Chemical, Iranian Catalyst Development
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Refinery Chemicals Market Report Segments:
The global Refinery Chemicals market is segmented on the basis of:
Types
Merchant Hydrogen, Catalysts, pH Adjusters, Corrosion Inhibitors
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
Conversion Processes, Petroleum Treatment Processes, Water Treatment
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:
- Air Products
- Linde
- Air Liquide
- Sud-Chemie
- Sarv Oil & Gas Development Industries
- Axens
- Haldor Topsoe
- Travis
- The Zoranoc Oilfield Chemical
- Pars Lian Chemical
- Iranian Catalyst Development
Highlights of The Refinery Chemicals 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:
- Merchant Hydrogen
- Catalysts
- pH Adjusters
- Corrosion Inhibitors
- By Application:
- Conversion Processes
- Petroleum Treatment Processes
- Water Treatment
- 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 Refinery Chemicals 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?
Refinery chemicals are a type of hazardous waste that is created when crude oil and other petroleum products are processed into fuels, lubricants, and other products. These chemicals can be highly toxic if they leak or spill.
Some of the key players operating in the refinery chemicals market are Air Products, Linde, Air Liquide, Sud-Chemie, Sarv Oil & Gas Development Industries, Axens, Haldor Topsoe, Travis, The Zoranoc Oilfield Chemical, Pars Lian Chemical, Iranian Catalyst Development.
The refinery chemicals market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refinery Chemicals 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. Refinery Chemicals Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Refinery Chemicals Market - Supply Chain
4.5. Global Refinery Chemicals Market Forecast
4.5.1. Refinery Chemicals Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Refinery Chemicals Market Size (000 Units) and Y-o-Y Growth
4.5.3. Refinery Chemicals Market Absolute $ Opportunity
5. Global Refinery Chemicals 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. Refinery Chemicals Market Size and Volume Forecast by Type
5.3.1. Merchant Hydrogen
5.3.2. Catalysts
5.3.3. pH Adjusters
5.3.4. Corrosion Inhibitors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Refinery Chemicals 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. Refinery Chemicals Market Size and Volume Forecast by Application
6.3.1. Conversion Processes
6.3.2. Petroleum Treatment Processes
6.3.3. Water Treatment
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Refinery Chemicals 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. Refinery Chemicals 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 Refinery Chemicals 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. Refinery Chemicals 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 Refinery Chemicals Demand Share Forecast, 2019-2026
9. North America Refinery Chemicals 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 Refinery Chemicals 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 Refinery Chemicals Market Size and Volume Forecast by Application
9.4.1. Conversion Processes
9.4.2. Petroleum Treatment Processes
9.4.3. Water Treatment
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Refinery Chemicals Market Size and Volume Forecast by Type
9.7.1. Merchant Hydrogen
9.7.2. Catalysts
9.7.3. pH Adjusters
9.7.4. Corrosion Inhibitors
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 Refinery Chemicals Demand Share Forecast, 2019-2026
10. Latin America Refinery Chemicals 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 Refinery Chemicals 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 Refinery Chemicals Market Size and Volume Forecast by Application
10.4.1. Conversion Processes
10.4.2. Petroleum Treatment Processes
10.4.3. Water Treatment
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Refinery Chemicals Market Size and Volume Forecast by Type
10.7.1. Merchant Hydrogen
10.7.2. Catalysts
10.7.3. pH Adjusters
10.7.4. Corrosion Inhibitors
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 Refinery Chemicals Demand Share Forecast, 2019-2026
11. Europe Refinery Chemicals 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 Refinery Chemicals 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 Refinery Chemicals Market Size and Volume Forecast by Application
11.4.1. Conversion Processes
11.4.2. Petroleum Treatment Processes
11.4.3. Water Treatment
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Refinery Chemicals Market Size and Volume Forecast by Type
11.7.1. Merchant Hydrogen
11.7.2. Catalysts
11.7.3. pH Adjusters
11.7.4. Corrosion Inhibitors
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 Refinery Chemicals Demand Share, 2019-2026
12. Asia Pacific Refinery Chemicals 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 Refinery Chemicals 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 Refinery Chemicals Market Size and Volume Forecast by Application
12.4.1. Conversion Processes
12.4.2. Petroleum Treatment Processes
12.4.3. Water Treatment
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Refinery Chemicals Market Size and Volume Forecast by Type
12.7.1. Merchant Hydrogen
12.7.2. Catalysts
12.7.3. pH Adjusters
12.7.4. Corrosion Inhibitors
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 Refinery Chemicals Demand Share, 2019-2026
13. Middle East & Africa Refinery Chemicals 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 Refinery Chemicals 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 Refinery Chemicals Market Size and Volume Forecast by Application
13.4.1. Conversion Processes
13.4.2. Petroleum Treatment Processes
13.4.3. Water Treatment
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Refinery Chemicals Market Size and Volume Forecast by Type
13.7.1. Merchant Hydrogen
13.7.2. Catalysts
13.7.3. pH Adjusters
13.7.4. Corrosion Inhibitors
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 Refinery Chemicals Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Refinery Chemicals Market: Market Share Analysis
14.2. Refinery Chemicals Distributors and Customers
14.3. Refinery Chemicals Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Air Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Linde
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Air Liquide
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sud-Chemie
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sarv Oil & Gas Development Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Axens
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haldor Topsoe
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Travis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. The Zoranoc Oilfield Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pars Lian 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. Iranian Catalyst Development
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
