Indonesia Refinery Catalyst Market Size & Outlook
Indonesia refinery catalyst market, 2018-2030 (US$M)
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Indonesia refinery catalyst market highlights
- The Indonesia refinery catalyst market generated a revenue of USD 42.8 million in 2022 and is expected to reach USD 62.4 million by 2030.
- The Indonesia market is expected to grow at a CAGR of 4.8% 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 42.8 million |
| Market revenue in 2030 | USD 62.4 million |
| Growth rate | 4.8% (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, Indonesia accounted for 0.6% 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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Indonesia 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 32.94% in 2022. Horizon Databook has segmented the Indonesia refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
Fuel demand in country is estimated to be 1.6 million barrels per day (bpd) and refining accounting for around 1.1 million barrels per day. This demand supply gap has resulted in increased imports transport fuel in Indonesia needs to be imported from abroad.
Indonesia currently has six oil refineries, all operated by the nation's state-owned energy company Pertamina. The state-owned company has upgraded its oil production to 438,000 bpd, with most of the growth originating from acquisitions in Russia and Iraq.
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Our clientele includes a mix of refinery catalyst market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Indonesia refinery catalyst market , including forecasts for subscribers. This country databook contains high-level insights into Indonesia refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Indonesia refinery catalyst market size, by material, 2018-2030 (US$M)
Indonesia Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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