Oil & Gas Catalyst Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Introduction

Catalysts are chemicals used as additives to boost a chemical reaction. These catalysts do not undergo any transformations during the chemical reaction. They are differentiated based on their phase and the phase of reactants. Oil and gas catalysts are categorized on the basis of processes for which they are used. Oil & gas catalysts find several applications in various end use industries such as petrochemicals, refinery, foods and chemicals among others. With the growth in demand for economical technologies, oil & gas catalysts play a crucial role in refinery of petroleum and its applications. Furthermore, several major refinery procedures such as hydro processing, cracking and reforming demand the presence of oil & gas catalysts.

Market Dynamics

Growth in demand for energy fuels the growth of global oil & gas catalysts market. The rapid demand for oil & gas catalysts at high temperatures in various fluid crackers to increase the octane score of gasoline is other key aspect fueling the growth of market. In addition to this, increase in research & development activities to enhance the quality of oil & gas catalysts also results in the rapid growth of global oil & gas catalyst market. However, technological advancements in the synthesis of chemicals decreases the overall demand for catalysts, thus hampering the market growth.

Market Classification

The oil & gas catalyst market is segmented into ingredient, application and geography. On the basis of ingredient, the market is classified into precious metals, zeolites, transition metals, rare earth metals and others. On the basis of application, the market is categorized into hydro processing, hydrogen production, fluid catalytic cracking, gas processing and purification. Based on geography, market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa (MEA).

Report Coverage

Market	Oil & Gas Catalyst Market
Analysis Period	2015 – 2026
Historic Data	2015 – 2016
Base Year	2017
Forecast Data	2018 – 2026
Market Stratification	Ingredient, Application, Geography
Regional Scope	North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage	Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

Market Participants

Some of the players profiled in the oil & gas catalyst market report include Arkema SA, Albemarle Corporation, Exxon Mobil Chemical Corporation, The Dow Chemical Company, Evonik Industries, Clariant AG, Honeywell International and Chevron Phillips Chemical Company among others.

Market Segmentation

Market By Ingredient

·         Precious Metals

·         Zeolites

·         Transition Metals

·         Rare Earth Metals

·         Others

Market By Application

·         Hydro Processing

·         Hydrogen Production

·         Fluid Catalytic Cracking

·         Gas Processing

·         Purification

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o   Brazil

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA