Reports and Data has recently published a new report titled "Global Refinery Catalysts Market Forecast to 2027" that offers an in-depth assessment of current market scenario and dynamics along with a comprehensive impact of the COVID-19 pandemic on the materials & chemicals industry. The report provides a panoramic view of the market and insights that will help formulate better and informed business decisions. The report also discusses in detail about the key factors influencing the market growth. The report provides a comprehensive analysis of the drivers, restraints, limitations, threats, and growth opportunities in the market along with a complete analysis of key companies operating in the market. All the findings and data have been gathered through extensive primary and secondary research with further validation from industry experts, professionals, and research analysts.
The Global Refinery Catalysts Market is projected to reach USD 9.44 billion in 2027. The market is driven by rising demand for petroleum products. Catalysts for refineries are chemicals used for various activities of refining. Such substances increase the rates of chemical reactions in the FCC machine, increasing the reaction, which decreases the production process turnaround time.
Key Questions Addressed in the Report:
What revenue CAGR the Refinery Catalysts market is expected to register over the forecast period?
What are the key growth driving and restraining factors of Refinery Catalysts market?
Who are the leading players of the market?
What are the opportunities and threats faced by the vendors in the market?
Which region is expected to register significant revenue growth in the Refinery Catalysts market in the coming years?
The report also provides an insight about the manufacturing cost including upstream raw materials, overall production process, and industry chain analysis. The global Refinery Catalysts market research report provides a brief overview inclusive of competitive landscape and key developments, policies, manufacturing costs, and processes. It also covers analysis of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, corporate deals and partnerships, among others.
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Key players in the market include Clariant, Arkema, Zeolyst International, BASF SE, Chevron Corporation, Johnson Matthey, Exxon Mobil Corporation, Evonik Industries AG, DuPont, and Albemarle Corporation, among others.
The chemicals and materials industry has witnessed significant revenue growth over the recent past owing to increasing demand for chemicals, raw materials, consumer products such as perfumes, soaps, and detergents, and plastics from various end-use industries. Chemicals and materials are widely used in various consumer goods and different sectors such as agriculture, construction, and petroleum refining, among others. Polymers occupy the largest revenue share of the global chemicals industry owing to increasing demand from packaging industry, construction markers, and home furnishing, among others. Increasing availability of raw materials at affordable costs, lower labor and energy costs, and rapid economic growth in developing regions is a key factors boosting revenue growth of the chemicals and materials industry and the trend is expected to continue going ahead.
The report further offers an in-depth analysis of key regions in the market along with the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue and gross margins. It also studies the presence of key players in each region along with macro- and micro-economic growth factors, regulatory framework, and investment and funding opportunities in each major region.
Material Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
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Application Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Regional Outlook (Revenue: USD Billion; Volume: Million Tons; 2017-2027)
Rest of APAC
Rest of LATAM
Rest of MEA
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