Report Highlights
The global market for catalyst and catalyst regeneration reached nearly $23.2 billion and nearly $24.6 billion in 2013 and 2014, respectively. This market is forecasted to grow at a compound annual growth rate (CAGR) of 4.0% to reach $29.9 billion in 2019.
Report Includes
- An overview of the global markets for catalysts with a focus on catalyst regeneration.
- Analyses of global market trends, with data from 2011 to 2014, and projections of CAGRs through 2019.
- An understanding of how the regenerated catalyst business contributes to meeting the energy needs of the world's economies while at the same time helping to reduce the costs associated with preventing environmental degradation and remediation of adverse environmental impacts as they occur.
- Information on the main regeneration markets of refineries, chemical applications and flue/waste treatment systems.
- Assessment of market impact due to rising raw material prices and tight supply and demand curves.
- Evaluation of the role of catalyst regeneration as a key input for the production of high-quality, clean transportation fuels, and environmental cleanup of dangerous pollutants.
Report Scope
Meeting rising energy requirements and protecting the environment are among the most important applications of catalyst technology. Broadly speaking, a catalyst is a substance that increases the rate of a chemical reaction by reducing the required activation energy, but is left unchanged by the reaction.
As was the case in the previous review on this topic, the refinery industry remains the largest single user of regenerated catalysts, especially in hydroprocessing to produce refined products such as gasoline and low-sulfur diesel fuel.
Regenerated catalysts find use in many types of environmental remediation, from power plant emissions control systems to industrial effluent and municipal waste treatment. Regenerated catalysts lower costs, since they can be significantly cheaper than fresh catalysts and nearly as active.
This report provides an understanding of how the regenerated catalyst business contributes to meeting the energy needs of the world economies, while at the same time helping reduce the costs associated with preventing environmental degradation and remediation of adverse environmental impacts as they occur.
While the core focus of the report is catalyst regeneration, we also review the global catalyst market and provide forecasts for various segments, as the catalyst market trends strongly drive the regeneration market trends.
The study is divided into a number of sections and covers the following aspects, each covered in separate chapters:
- Catalysts, the catalyst market scenario and projections.
- Catalyst regeneration technology by application.
- Elements involved in the processes in catalyst regeneration.
- Regulatory aspects affecting the catalyst regeneration marketplace.
- Catalyst regeneration market scenarios and projections.
- Analysis of patents in catalyst regeneration.
- Company profiles for market participants.
Analyst Credentials
Vijay Subramanian has a Ph.D. in Materials Science from the University of Cincinnati, and extensive experience in the field of materials and their global markets. He worked for more than a decade in the automotive industry in the U.S., and later in India, and owns several U.S. patents. Dr. Subramanian has authored reports for BCC Research since 2012. Dr. Subramanian lives with his wife and two daughters in Kochi, India.
Report Highlights
The global market for catalyst regeneration reached $3.3 billion in 2010 and nearly $3.5 billion in 2011. It is expected to grow to $4.1 billion by 2016, a compound annual growth rate (CAGR) of 3.8%.
Report Highlights
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The global regenerated catalyst market for chemical, energy and environmental catalysts was worth close to $2.7 billion in 2005. The market is projected to grow to reach just under $3.5 billion/year in 2010, an average annual growth rate (AAGR) of 5.5%. Demand for off-site catalyst regeneration services will increase at an annual average growth rate (AAGR) corresponding to 6.1% to reach $3,408.3 million/year in 2010.
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Regenerated refinery catalysts, now more than 84% of the total regenerated catalyst market, are projected to gain market share from 2005 through 2010 as more stringent emissions regulations come into force and new sulfur regulations become mandatory.
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Stationary source air pollution catalytic applications (e.g., power plant emissions controls, industrial boilers and waste incineration plants) accounts for 8.9% of the regenerated catalyst market in 2005, followed by mobile source air pollution remediation applications, particularly vehicle catalytic converters, with 4.2% of the regenerated catalyst market in 2005. Chemical/petrochemical applications account for the remaining 2.1%.
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