Latin America Refinery Catalyst Market Size & Outlook
Latin America refinery catalyst market, 2018-2030 (US$M)
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Latin America refinery catalyst market highlights
- The Latin America refinery catalyst market generated a revenue of USD 494.0 million in 2022.
- The market is expected to grow at a CAGR of 5.2% 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, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 494.0 million |
| Market revenue in 2030 | USD 741.7 million |
| Growth rate | 5.2% (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, Latin America region accounted for 7.3% 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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Latin America 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 32.77% in 2022. Horizon Databook has segmented the Latin America refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
The market is expected to grow moderately as countries, including Brazil, Argentina, and Peru, are turning towards green alternatives to reduce hazardous impacts and harmful emissions in the environment.
The region is one of the significant biofuel producer, consumer, and exporter accounting for 41 million metric tons. Also, the governments of these counties are taking up initiatives to increase biofuel consumption, which is a major hindrance to refinery catalyst market growth in the region.
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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 Latin America refinery catalyst market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America refinery catalyst market size, by country, 2018-2030 (US$M)
Latin America Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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