Canada Refinery Catalyst Market Size & Outlook, 2022-2030
Canada refinery catalyst market, 2018-2030 (US$M)
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Canada refinery catalyst market highlights
- The Canada refinery catalyst market generated a revenue of USD 112.8 million in 2022 and is expected to reach USD 163.1 million by 2030.
- The Canada 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 112.8 million |
| Market revenue in 2030 | USD 163.1 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, Canada accounted for 1.7% 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 North America, U.S. refinery catalyst market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,906.8 million by 2030.
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Refinery Catalyst Market Scope
Refinery Catalyst Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada 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 32.71% in 2022. Horizon Databook has segmented the Canada refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
In Canada, the refinery catalyst market was valued at USD 111.10 million and is expected to reach USD 156.42 million. The market growth can be attributed to rising demand from the transportation fuels industry.
According to a report published by the Canadian government, the country utilizes approximately 218 million liters of total petroleum fuel produced. According to the Canadian Fuels Association, petroleum products such as diesel and gasoline account for 95% of the transportation fuels used in Canada.
The country has 16 operating refineries with complex, labor, and capital-intensive manufacturing facilities that employ advanced technologies to create effective petroleum products. Imperial Oil Limited, Petro Canada Lubricants Inc., Suncor Energy Inc., and Irving Oil are some of the key players engaged in the production and distribution of petroleum and petroleum products in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada refinery catalyst market , including forecasts for subscribers. This country databook contains high-level insights into Canada refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada refinery catalyst market size, by material, 2018-2030 (US$M)
Canada Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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