Australia Refinery Catalyst Market Size & Outlook
Australia refinery catalyst market, 2018-2030 (US$M)
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Australia refinery catalyst market highlights
- The Australia refinery catalyst market generated a revenue of USD 80.5 million in 2022 and is expected to reach USD 116.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, zeolite was the largest revenue generating material in 2022.
- Chemical Compounds is the most lucrative material segment registering the fastest growth during the forecast period.
Refinery catalyst market data book summary
| Market revenue in 2022 | USD 80.5 million |
| Market revenue in 2030 | USD 116.5 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Zeolite |
| Fastest growing segment | Chemical Compounds |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Zeolite, Metallic, Chemical Compounds |
| Key market players worldwide | Albemarle Corp, Basf SE, Johnson Matthey PLC, Standard Industries, Clariant AG, Arkema SA, Zeolyst International, Chevron Corp, Exxon Mobil Corp, Evonik Industries AG, DuPont de Nemours Inc, Haldor Topsoe Holding A/S |
Other key industry trends
- In terms of revenue, Australia accounted for 1.2% of the global refinery catalyst market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China refinery catalyst market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 239.7 million by 2030.
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Refinery Catalyst Market Scope
Refinery Catalyst Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia refinery catalyst market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to refinery catalyst market will help companies and investors design strategic landscapes.
Zeolite was the largest segment with a revenue share of 32.92% in 2022. Horizon Databook has segmented the Australia refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for refinery catalyst is expected to remain moderate in the country as oil production has declined owing to higher condensate production from natural gas extraction. Australian refineries import roughly 83% of the crude oil they process from more than 17 countries, mainly in Asia (40%), but also Africa (18%) and the Middle East (17%).
The country has four oil refiners namely Altona, Lytton, Geelong and Kwinana and processes nearly 75 million liters of crude oil per day. However closures of oil refineries in have raised concerns about the sustainability of oil refinery as well as the effects of declining domestic refinery capacity on developments of other products. This is expected to negatively impact the refinery catalyst market demand in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia refinery catalyst market , including forecasts for subscribers. This country databook contains high-level insights into Australia refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia refinery catalyst market size, by material, 2018-2030 (US$M)
Australia Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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