The global Hydroprocessing Catalysts (HPC) market size is projected to grow from US$ 1808.5 million in 2022 to US$ 2365.6 million in 2029; it is expected to grow at a CAGR of 3.9% from 2023 to 2029.
Global key producers of hydrogenation catalysts (HPC) include Advanced Refining Technologies (ART), Albemarle, Shell Catalysts & Technologies, Haldor Topsoe, and others. The top three producers together hold 45% of the market share, with Albemarle being the largest producer with over 20%. Global origins are mainly located in North America, Europe, China, Japan, Southeast Asia, etc., with North America being the largest production region, occupying more than 50% of the market share. In terms of product categories, hydrotreating holds the main market with 80% market share and hydrocracking with 20%. In terms of applications, diesel hydrotreat is the number one application with 27% market share, followed by naphtha and lube oils.
Hydrogenation catalyst is a type of catalyst that is to treat with hydrogen – is a chemical reaction between molecular hydrogen (H2) and another compound or element, usually in the presence of a catalyst such as nickel, palladium or platinum. The process is commonly employed to reduce or saturate organic compounds. Hydrogenation typically constitutes the addition of pairs of hydrogen atoms to a molecule, often an alkene. Catalysts are required for the reaction to be usable; non-catalytic hydrogenation takes place only at very high temperatures. Hydrogenation reduces double and triple bonds in hydrocarbons.
LPI (LP Information)’ newest research report, the “Hydroprocessing Catalysts (HPC) Industry Forecast” looks at past sales and reviews total world Hydroprocessing Catalysts (HPC) sales in 2022, providing a comprehensive analysis by region and market sector of projected Hydroprocessing Catalysts (HPC) sales for 2023 through 2029. With Hydroprocessing Catalysts (HPC) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hydroprocessing Catalysts (HPC) industry.
This Insight Report provides a comprehensive analysis of the global Hydroprocessing Catalysts (HPC) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hydroprocessing Catalysts (HPC) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hydroprocessing Catalysts (HPC) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hydroprocessing Catalysts (HPC) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hydroprocessing Catalysts (HPC).
This report presents a comprehensive overview, market shares, and growth opportunities of Hydroprocessing Catalysts (HPC) market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Hydroprocessing Catalysts (HPC) Includes:
Advanced Refining Technologies (ART)
Albemarle
Shell Catalysts & Technologies
Haldor Topsoe
UOP
Axens
Johnson Matthey
Sinopec
CNPC
SJEP
Market Segment by Type, covers:
Hydrotreating
Hydrocracking
Market Segment by Applications, can be divided into:
Diesel Hydrotreat
Lube Oils
Naphtha
Residue Upgrading
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hydroprocessing Catalysts (HPC) market?
What factors are driving Hydroprocessing Catalysts (HPC) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hydroprocessing Catalysts (HPC) market opportunities vary by end market size?
How does Hydroprocessing Catalysts (HPC) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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