South Africa Refinery Catalyst Market Size & Outlook
South Africa refinery catalyst market, 2018-2030 (US$M)
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South Africa refinery catalyst market highlights
- The South Africa refinery catalyst market generated a revenue of USD 40.6 million in 2022 and is expected to reach USD 66.4 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.3% 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.
Refinery catalyst market data book summary
| Market revenue in 2022 | USD 40.6 million |
| Market revenue in 2030 | USD 66.4 million |
| Growth rate | 6.3% (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, South Africa 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 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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South 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 32.76% in 2022. Horizon Databook has segmented the South Africa refinery catalyst market based on zeolite, metallic, chemical compounds covering the revenue growth of each sub-segment from 2018 to 2030.
Africa is an emerging economy and regaining its potential post major economic downturn and recession over the past decade. The region is estimated to have about 6-7% of the global oil reserves that are not fully explored by the industries. Thus, the region is attracting interest of multiple investors across the globe.
Availability of resources such as raw material and cheap labor and favorable regulatory policies is anticipated to witness new investment in the region and expand its oil production and export capacities over the forthcoming future. And hence, the refinery catalyst market in the region is expected to witness high growth over the forthcoming 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 South Africa refinery catalyst market , including forecasts for subscribers. This country databook contains high-level insights into South Africa refinery catalyst market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa refinery catalyst market size, by material, 2018-2030 (US$M)
South Africa Refinery Catalyst Market Outlook Share, 2022 & 2030 (US$M)
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