Global Catalyst Regeneration Market 2018-2023 - Analysis by Product Type, End-user Industry, and Geography - ResearchAndMarkets.com

DUBLIN--()--The "Global Catalyst Regeneration Market - Segmented by Product Type, End-user Industry, and Geography - Growth, Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global catalyst regeneration market has been majorly driven by the growing demand from Asia-Pacific. The increase in demand has been witnessed by a number of end-user industries, which include petroleum refining, chemical synthesis, environmental, and polymer industries.

The catalyst regeneration process is extensively used in reforming. In this process, the amount of spent reforming catalysts, which are discarded as solid wastes, has increased significantly in the recent years. This is due to a rapid growth in the refining capacity in order to meet the rising demand for low sulfur fuels.

Spent catalysts are generally known as hazardous wastes due to their highly toxic and poisonous nature. Additionally, handling refiners have been experiencing pressure from environmental authorities. However, several methods, such as reclamation of metals, rejuvenation, and reuse, are being promoted.

The rapid industrialization in developing economies has led to an increase in the demand for petroleum products. This has directly impacted the amount of spent catalyst generation. To maintain good and safe living standards, regulatory authorities have been consistently trying to improve the product standards and promoting regeneration of catalysts. Additionally, stringent environmental regulations, norms laid by the governments to reuse the spent catalysts, and social awareness are the key socio-political factors, which are expected to drive the market during the forecast period.

Market Dynamics

Drivers

  • Strict Environmental Regulations
  • High Cost of New Catalyst
  • Rise in Refinery Capacity

Restraints

  • Patented Technologies
  • Rise in Emissions During Process
  • Inability to Regenerate Catalysts Infected by Some Elements (Silicon, Vanadium, etc.)

Opportunities

  • Development of Cost Effective Regeneration Technologies
  • Increasing Awareness about Catalyst Regeneration

Notable Developments in the Market

  • December 2016: Haldor Topsoe's new catalyst by name HyOctane increased the global competition in FCC gasoline post-treatment

Major Players

  • Eurecat US Inc.
  • CRI Catalyst Company
  • Haldor Topsoe

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Future of the Market

8. Competitive Landscape

9. Company Profiles

  • Advanced Catalyst Systems LLC
  • Al Bilad Catalyst Company
  • Albemarle
  • BUCHEN-ICS GmbH
  • Cormetech Inc.
  • CRI Catalyst Company
  • EBINGER Katalysatorservice GmbH & Co. KG
  • Eco-Rigen SRL
  • Eurecat US Inc.
  • Haldor Topsoe
  • Johnson Matthey PLC
  • Nippon Ketjen Co.
  • OptimLayn Technology
  • Porocel Industries LLC
  • STEAG SCR-Tech Inc.
  • UOP LLC

For more information about this report visit https://www.researchandmarkets.com/research/79vv9f/global_catalyst?w=4

Contacts

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Related Topics: Petrochemicals

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Petrochemicals