Middle East & Africa Refinery Catalyst Market Size & Outlook
Middle East & Africa refinery catalyst market, 2018-2030 (US$M)
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MEA refinery catalyst market highlights
- The MEA refinery catalyst market generated a revenue of USD 863.9 million in 2022.
- The market is expected to grow at a CAGR of 5.8% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 863.9 million |
| Market revenue in 2030 | USD 1,357.7 million |
| Growth rate | 5.8% (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, MEA region accounted for 12.8% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Refinery Catalyst Market Scope
Refinery Catalyst Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 32.83% in 2022. Horizon Databook has segmented the Middle East & Africa refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
Middle East region has dominated the crude oil manufacturing and petroleum refining industry over the decades. Large oil reserves accounting for more than half of the global reserves has attracted multiple foreign companies to start its refineries by forming alliances with domestic manufacturers.
Companies such as Kuwait Catalyst Company and Catalyst LLC are the major catalyst manufacturer and supplier in the region. Saudi Arabia is the largest producer of petroleum products in the region followed by Iran, UAE, Middle East region has dominated the crude oil manufacturing and petroleum refining industry over the decades.
Large oil reserves accounting for more than half of the global reserves has attracted multiple foreign companies to start its refineries by forming alliances with domestic manufacturers. Companies such as Kuwait Catalyst Company and Catalyst LLC are the major catalyst manufacturer and supplier in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa refinery catalyst market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA refinery catalyst market size, by country, 2018-2030 (US$M)
Middle East & Africa Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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