Global Catalysts in Petroleum Refining Chemicals, and Polymer Synthesis Market

Catalysis plays a crucial role in the refining of petroleum as most of its processes are catalytic. Petroleum fractions produced via fractional distillation of crude oil do not fulfil the quality standards to be used as fuels and the increasing market demands. Catalytic reforming is a process in which high-octane liquid products called reformatesis extracted from petrol refinery naphthas distilled from crude oil (they typically have low octane ratings).Usage of bio-catalysts as enzymes for the process of vitro-polymer synthesis is a fairly new stream that became popular in the last two decades. Enzymatic catalysis is ecologicallykind, yet allowing the synthesis of several natural & unnatural polymers having well-defined arrangements with controlledregion-selectivity, stereo-chemistry, & chemo-selectivity.

The global catalysts in petroleum refining chemicals, and polymer synthesis market was valued at USD XX.XX in 2017 and is projected to reach USD XX.XX by 2022, at a CAGR of XX.XX% during the forecast period from 2017 to 2022.

Market Dynamics

Some of the drivers of this market are:

--> Growing per capita income reflected by a higher GDP growth;

--> Introduction of government norms and legislations, calling for more investments in catalysts;

--> Presence of strict vehicle emission standards;

--> The growing demand for polymers and automobiles and;

--> Imposition of regulations for the development of better products.But the Market faces some restraints like:

--> High manufacturing costs

--> Depletionof natural resources

--> Fluctuation in prices of precious metal and

--> The weakening of economy in many countries.

Segmentation

The global catalysts in petroleum refining chemicals and polymer synthesis market can be bifurcated further according to the following categories-

--> According to the chemical material -

Metals and organometallic catalysts

Inexpensive metals

Precious metals

Metallic compounds;

Aluminosilicates

Zeolites

Molecular sieves

Chemical compounds

Peroxides

Acids

Amines

--> According to application-

Chemical synthesis catalysts

Organic synthesis

Oxidation

Hydrogenation

De-hydrogenation

Synthesis gas

Syngas processes

Petroleum refining catalysts

Fluid catalytic cracking

Hydrocracking

Hydro treating

Alkylation

Reforming

Isomerization

Gas processing

Polymerization catalysts

Polyolefin

Condensation polymers

Thermosetting polymers

--> According to the geography-

North America

Europe

Asia-Pacific

Rest of the world.

Geographic Analysis

The Asia-Pacific is the largest regional market for catalysts and owes for about XX% of the market share as of 2017, owing to the fact that the region has XX% of the world's petroleum refining and polymer synthesis capacity. North American Market is the second largest market followed by the European Market. If the polymer synthesis catalysts segment is taken into account, Asia-Pacific Region holds around XX% of the market and is presumed to show a higher trajectory. Latin America Market is expected to grow rapidly in coming years. Catalyst production in North America and European Market is expected to slow marginally due to the shift of catalyst manufacturing to Asia-Pacific, the Middle East and Africa. However, with constant implementation of new government standards and regulations resulting in more investments in catalysts to deliver the expected pollution standards & better quality, the market would be boosted.

Key Players

Some of the key players in this segment include

--> BASF Corp.

--> Catalytic Distillation Technologies

--> Chevron Corporation

--> DuPont

--> The Dow Chemical Co.

--> UOP LLC

--> Zeochem LLC.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage