Saudi Arabia Refinery Catalyst Market Size & Outlook
Saudi Arabia refinery catalyst market, 2018-2030 (US$M)
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Saudi Arabia refinery catalyst market highlights
- The Saudi Arabia refinery catalyst market generated a revenue of USD 111.5 million in 2022 and is expected to reach USD 173.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.6% 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 111.5 million |
| Market revenue in 2030 | USD 173.0 million |
| Growth rate | 5.6% (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, Saudi Arabia 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 Middle East & Africa, Saudi Arabia refinery catalyst market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 66.4 million by 2030.
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Refinery Catalyst Market Scope
Refinery Catalyst Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 32.74% in 2022. Horizon Databook has segmented the Saudi Arabia refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is the largest manufacturer of the petroleum products with presence of ten large capacity refineries owned by Saudi Aramco and its joint venture with companies such as Sumitomo, ExxonMobil, Total, Shell and Sinopec.
The country with its manufacturing company Saudi Aramco is the largest exporter of petroleum products in the world with its total refining capacity of more than 3,300,000 bbl/day and accounts for about 10% of the global oil supply. The major export markets are U.S., China, Japan, South Korea and India.
The country is anticipated to maintain its position with large raw material availability, growing petroleum products manufacturing and its export across multiple regions. Owing to these factors, the country has created high demand of refinery catalyst over the past decades and it is anticipated maintain the trend over the forecast period.
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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 country-level data and insights on the Saudi Arabia refinery catalyst market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia refinery catalyst market size, by material, 2018-2030 (US$M)
Saudi Arabia Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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