Survey Report of Refinery Catalysts 2017-2023 : expected to be worth $6,490 million by 2023
Press Release – 08 Aug 2018
Research and Development News --
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Latest Update "Refinery Catalysts: Market Shares, Strategies, and Forecasts, Worldwide, 2017-2023" with Industries Survey | Global Current Growth and Future.
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The study addresses hydroprocessing catalysts and FCC catalysts. Hydroprocessing catalysts are used to create cleaner fuels--especially ULSD. Demand for cleaner fuels is driving the market. Refining catalysts are experiencing strong growth. New fuel standards are coupled with refineries increasing use of heavier and dirtier feedstocks and major additions to refining capacity.
. .
– Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1054305
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The refinery catalyst market is thus boosted by the fact that the efficient use of catalysts can help the manufacturers' better address the increasing energy demand. Fluid catalytic cracking (FCC) is the conversion process used in petroleum refineries. It is widely used to convert the high-boiling, high-molecular weight hydrocarbon fractions of petroleum crude oils to more valuable gasoline, olefinic gases and other products.
Cracking of petroleum hydrocarbons is done by catalytic cracking because it produces more gasoline with a higher-octane rating. Byproduct gases are more olefinic. These are more valuable than those produced by thermal cracking.
The feedstock to an FCC is that portion of the crude oil that has an initial boiling point of 340 °C or higher at atmospheric pressure. The average molecular weight ranges from about 200 to 600 or higher. This portion of crude oil is often referred to as heavy gas oil. The FCC process vaporizes and breaks the long-chain molecules of the high-boiling hydrocarbon liquids into much shorter molecules by contacting the feedstock, at high temperature and moderate pressure, with a fluidized powdered catalyst.
“Fluid Catalytic Cracking (FCC) petroleum refining products overcome limiting factors affecting refinery capacity and operating flexibility to deliver value and performance. Catalysts are a crucial component in the processing of highly valued petrochemicals, gasoline, diesel and other fuels.”
The market for refinery catalysts in the oil refining sector at $4,967 million in 2016 is expected to be worth $6,490 million by 2023, growing at 3.8% on average between 2017 and 2023. There are 500 FCC units being operated globally, each of which requires a constant supply of FCC catalysts. There are 3,000 HPC units being operated globally, or a capacity of approximately 44 million barrels per day, each of which typically requires replacement HPC catalysts once every one to four years.
Companies Profiled
Market Leaders
- Albemarle
- BASF
- Haldor Topsoe
- Honeywell / UOP
- Advanced Refining Technologies (ART)
- WR Grace
- Clariant AG / Süd-Chemie AG
- Shell CRI
. .
– More Clear Details get Full Table of Contents_https://www.researchmoz.us/refinery-catalysts-market-shares-strategies-and-forecasts-worldwide-20172023-report.html/toc
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Market Participants
- Air Products
- Advanced Energy Materials LLC
- Chevron
- Clean Diesel Technologies
- Clean Diesel Technologies / Catalytic Solutions
- Dow
- Evonik Industries
- ExxonMobil Catalysts and Licensing LLC,
- Headwaters Technology Innovation (HTI)
Continue.....
About Researchmoz,
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
--Researchmoz Global Pvt. Ltd.--
Mr. Nachiket G.
90 State Street,
Albany, NY 12207,
United States,
Tel: 866-997-4948 (Us-Canada Toll Free),
Tel: +1-518-621-2074
www.researchmoz.us
Research and Development News --
. .
Latest Update "Refinery Catalysts: Market Shares, Strategies, and Forecasts, Worldwide, 2017-2023" with Industries Survey | Global Current Growth and Future.
' '
The study addresses hydroprocessing catalysts and FCC catalysts. Hydroprocessing catalysts are used to create cleaner fuels--especially ULSD. Demand for cleaner fuels is driving the market. Refining catalysts are experiencing strong growth. New fuel standards are coupled with refineries increasing use of heavier and dirtier feedstocks and major additions to refining capacity.
. .
– Get Sample Report_https://www.researchmoz.us/enquiry.php?type=S&repid=1054305
' '
The refinery catalyst market is thus boosted by the fact that the efficient use of catalysts can help the manufacturers' better address the increasing energy demand. Fluid catalytic cracking (FCC) is the conversion process used in petroleum refineries. It is widely used to convert the high-boiling, high-molecular weight hydrocarbon fractions of petroleum crude oils to more valuable gasoline, olefinic gases and other products.
Cracking of petroleum hydrocarbons is done by catalytic cracking because it produces more gasoline with a higher-octane rating. Byproduct gases are more olefinic. These are more valuable than those produced by thermal cracking.
The feedstock to an FCC is that portion of the crude oil that has an initial boiling point of 340 °C or higher at atmospheric pressure. The average molecular weight ranges from about 200 to 600 or higher. This portion of crude oil is often referred to as heavy gas oil. The FCC process vaporizes and breaks the long-chain molecules of the high-boiling hydrocarbon liquids into much shorter molecules by contacting the feedstock, at high temperature and moderate pressure, with a fluidized powdered catalyst.
“Fluid Catalytic Cracking (FCC) petroleum refining products overcome limiting factors affecting refinery capacity and operating flexibility to deliver value and performance. Catalysts are a crucial component in the processing of highly valued petrochemicals, gasoline, diesel and other fuels.”
The market for refinery catalysts in the oil refining sector at $4,967 million in 2016 is expected to be worth $6,490 million by 2023, growing at 3.8% on average between 2017 and 2023. There are 500 FCC units being operated globally, each of which requires a constant supply of FCC catalysts. There are 3,000 HPC units being operated globally, or a capacity of approximately 44 million barrels per day, each of which typically requires replacement HPC catalysts once every one to four years.
Companies Profiled
Market Leaders
- Albemarle
- BASF
- Haldor Topsoe
- Honeywell / UOP
- Advanced Refining Technologies (ART)
- WR Grace
- Clariant AG / Süd-Chemie AG
- Shell CRI
. .
– More Clear Details get Full Table of Contents_https://www.researchmoz.us/refinery-catalysts-market-shares-strategies-and-forecasts-worldwide-20172023-report.html/toc
' '
Market Participants
- Air Products
- Advanced Energy Materials LLC
- Chevron
- Clean Diesel Technologies
- Clean Diesel Technologies / Catalytic Solutions
- Dow
- Evonik Industries
- ExxonMobil Catalysts and Licensing LLC,
- Headwaters Technology Innovation (HTI)
Continue.....
About Researchmoz,
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
--Researchmoz Global Pvt. Ltd.--
Mr. Nachiket G.
90 State Street,
Albany, NY 12207,
United States,
Tel: 866-997-4948 (Us-Canada Toll Free),
Tel: +1-518-621-2074
www.researchmoz.us
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