Refinery Catalysts Market Will Be Worth of Us$17,059.2 Mn in 2024, Expanding at a Cagr of 4.6% from 2016 -2024

Transparency Market

Research

Refinery Catalysts Market - Global Industry Analysis,

Size, Share, Growth, Trends, and Forecast 2016 - 2024

Published Date

21-Sept-2016

267 Page Report

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Stringent Fuel Emission Control Regulations to Boost Global

Consumption of Refinery Catalysts, observes TMR

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Refinery Catalysts Market

REPORT DESCRIPTION

Refinery Catalysts Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024

Refinery Catalysts Market: Snapshot

The global market for refinery catalysts is chiefly driven by the rising stringency of fuel emission regulations

across the globe. In developed as well as developing countries across the globe, as a rising set of regulations

govern the compatibility of fuels and their usages across a number of industries, the demand for refinery

catalysts is set to rise globally.

Transparency Market Research estimates that the market will tread along a healthy growth path in the next few

years. The global demand for refinery catalysts is likely expand at a CAGR of 3.93% between 2016 and 2024

in terms of volume. In terms of revenue, the market, with a valuation of US$11,454.2 mn in 2015, is projected

to expand at a CAGR of 4.6% over the said period and rise to US$17,059.2 mn by 2024.

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Zeolites to Remain Market’s Most Popular Catalytic Material

Zeolites are the most widely consumed materials used in the global refinery catalysts market, accounting for a

share of over 65.5% in terms of volume in 2015. The high demand for zeolites is chiefly driven by the rising

usage of fluid catalytic cracking process across refineries to support the rising global demand for high octane

gasoline. Nearly 95%...