2024-2030: Heavy Oil Hydrocracking Catalyst Market Trend And Analysis
On 2024-10-30 Global Info Research released【Global Heavy Oil Hydrocracking Catalyst Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030】. This report includes an overview of the development of the Heavy Oil Hydrocracking Catalyst industry chain, the market status of Consumer Electronics (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), Household Appliances (Nickel-Zinc Ferrite Core, Mn-Zn Ferrite Core), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Heavy Oil Hydrocracking Catalyst.
Hydrocracking is an exothermic catalytic refining process, where heavy hydrocarbons, such as FT wax, VGO, and heavy gas oil, are converted to lighter products such as naphtha, kerosene, and diesel. During this process, olefins and oxygenates can also be converted to paraffins. Catalysts play a vital role in this process by facilitating the breakdown of large hydrocarbon molecules into smaller, more valuable ones. Hydrocracking catalysts are typically composed of a combination of metals (e.g., Nickel-molybdenum [NiMo], cobalt-molybdenum [CoMo]) and various support materials (e.g. zeolites and amorphous silica-alumina). The ratio between the acidic support and active metals is an essential parameter that can be adjusted to reach the optimum catalytic performance.
Heavy oil hydrocracking catalyst is a catalyst used in the hydrocracking process of heavy oil, which can improve the conversion rate and product quality of heavy oil. It usually contains active metal such as platinum and tin oxide, and is a solid catalyst.
The global Heavy Oil Hydrocracking Catalyst market size is expected to reach $ 509 million by 2030, rising at a market growth of 3.8% CAGR during the forecast period (2024-2030).
Hydrocracking is an exothermic catalytic refining process, where heavy hydrocarbons, such as FT wax, VGO, and heavy gas oil, are converted to lighter products such as naphtha, kerosene, and diesel. During this process, olefins and oxygenates can also be converted to paraffins. Catalysts play a vital role in this process by facilitating the breakdown of large hydrocarbon molecules into smaller, more valuable ones. Hydrocracking catalysts are typically composed of a combination of metals (e.g., Nickel-molybdenum [NiMo], cobalt-molybdenum [CoMo]) and various support materials (e.g. zeolites and amorphous silica-alumina). The ratio between the acidic support and active metals is an essential parameter that can be adjusted to reach the optimum catalytic performance.
The hydrocracking catalyst market experienced a decline of 2% in 2020 amid the pandemic, owing to the decline in refinery product demand, and the slowdown of hydrocracking activity. The market experienced recovery in 2021, followed by healthy growth in 2022.
Rising global energy consumption, increasing demand for clean fuels, increasing refinery activity, integration of hydrocracking units with another refinery process, and advantages of hydrocracking catalysts, such as the ability to convert heavy feedstocks into high-quality, environmentally compliant fuels, and flexibility to adapt changing market conditions are key factors that give an impetus to the demand for hydrocracking catalyst.
Based on the catalyst type, the hydrocracking catalyst market is segmented into zeolite and amorphous. Zeolite is expected to remain the larger and faster-growing catalyst in the market during the forecast period. Among zeolites, Y-zeolite is the most commercially available catalyst in the market. It offers many advantages, such as shape-selective properties, a large internal surface area, and the ability to be modified to adjust its acidity, thermal stability, uniform pore size distribution, and regenerability. These advantages enhance the efficiency and performance of hydrocracking processes while contributing to the production of valuable, environmentally compliant fuels.
In terms of regions, Asia-Pacific is expected to remain the largest as well as the fastest-growing market for hydrocracking catalysts during the forecast period owing to rapid economic growth, growing energy demand, stricter environmental regulations, and increasing investment in refining expansion projects. The region includes emerging economies where industrialization and urbanization are occurring at a rapid pace. These markets offer significant growth opportunities for the refining industry stakeholders including hydrocracking catalyst suppliers.
The market is moderately concentrated with the presence of some key regional and global players. The development of new materials and technologies to improve catalyst performance, increase efficiency, and reduce environmental impacts; and execution of mergers & acquisitions are key strategies adopted by major players to gain a competitive edge in the market. The following are the key players in the hydrocracking catalyst market: Shell Catalysts & Technologies, ExxonMobil, Advanced Refining Technologies (ART), Honeywell UOP, Topsoe, Sinopec, Johnson Matthey, Axens, CNPC, Elessent Clean Technologies, EuroAdsorbent, etc.
The hydrocracking catalyst market is poised for steady growth, supported by ongoing investments in refinery expansions, technological advancements, and regulatory mandates for cleaner fuels. Catalyst manufacturers are expected to continue innovating to meet evolving industry needs, including sustainability requirements and the integration of renewable feedstocks. As the global energy landscape evolves, hydrocracking catalysts will remain essential in enabling refineries to produce cleaner, high-quality fuels essential for transportation and industrial sectors.
This report studies the global Heavy Oil Hydrocracking Catalyst production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Heavy Oil Hydrocracking Catalyst and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Heavy Oil Hydrocracking Catalyst that contribute to its increasing demand across many markets.
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Market segment by Type： Zeolite Catalysts、Amorphous Catalysts
Market segment by Application：Gasoline、Jet Fuel、Others
Major players covered： Shell Catalysts & Technologies、ExxonMobil、Advanced Refining Technologies (ART)、Honeywell UOP、Topsoe、Sinopec、Johnson Matthey、Axens、CNPC、Elessent Clean Technologies、EuroAdsorbent
Market segment by region, regional analysis covers: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),South America (Brazil, Argentina, Colombia, and Rest of South America),Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Heavy Oil Hydrocracking Catalyst product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Heavy Oil Hydrocracking Catalyst, with price, sales, revenue and global market share of Heavy Oil Hydrocracking Catalyst from 2019 to 2024.
Chapter 3, the Heavy Oil Hydrocracking Catalyst competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Heavy Oil Hydrocracking Catalyst breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Heavy Oil Hydrocracking Catalyst market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Heavy Oil Hydrocracking Catalyst.
Chapter 14 and 15, to describe Heavy Oil Hydrocracking Catalyst sales channel, distributors, customers, research findings and conclusion.
Data Sources:
- Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
- Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
- Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
- Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.
- From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
- Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.
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