Europe Refinery Catalyst Market Size & Outlook, 2022-2030
Europe refinery catalyst market, 2018-2030 (US$M)
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Europe refinery catalyst market highlights
- The Europe refinery catalyst market generated a revenue of USD 1,743.2 million in 2022.
- The market is expected to grow at a CAGR of 4.3% 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.
- Country-wise, Russia is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 1,743.2 million |
| Market revenue in 2030 | USD 2,435.9 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Zeolite |
| Fastest growing segment | Chemical Compounds |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 25.8% of the global refinery catalyst market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,357.7 million by 2030.
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Refinery Catalyst Market Scope
Refinery Catalyst Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 32.86% in 2022. Horizon Databook has segmented the Europe refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
Refineries in Europe are suffering from low margins on account of high manufacturing cost coupled with stringent environmental regulations. This regulatory move in Russia is expected to fuel demand for catalysts in refining applications.
In addition, technological advancement in enhanced oil recovery and deploying hydraulic fracturing activities in Russia and Ukraine are expected to increase availability of tight oil and shale gas. Increasing shale gas and tight oil availability is expected to allow access of raw materials to refineries operating in Germany, France, and Italy and likely to have a positive impact on catalyst market.
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Our clientele includes a mix of refinery catalyst market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe refinery catalyst market , including forecasts for subscribers. This continent databook contains high-level insights into Europe refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe refinery catalyst market size, by country, 2018-2030 (US$M)
Europe Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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