Global Refinery Catalyst Market
Refinery Catalyst Market Size and Forecast
Refinery Catalyst Market was valued at USD 7.87 billion in 2019 and is projected to reach USD 14.85 billion by 2027, growing at a CAGR of 7.8% from 2020 to 2027.
Global Refinery Catalyst Market Overview
The rise in the stringency in the environmental regulations across the globe is due to the increased emission from automobiles and industrial plants contain GHG including carbon dioxide and sulfur that affect the ozone layer and alter the natural cycles leading to rising temperatures on the planet. In order to reduce the emission of harmful effluents, many governments are focusing on regulating and ensuring strict compliance with the environmental laws due to which vehicle emission norms like EURO norms, Bharat Stage Norms etc. have been established which reduce the permissible limits of emissions of harmful gases from automobiles and calls for fuel with reduced sulfur content. Due to his, there is increase in the demand of petrol with higher octane number which in turn drives the growth of refinery catalyst market.
Global Refinery Catalyst Market: Segmentation Analysis
Refinery Catalyst Market is segmented based on Product, Ingredients, And Geography.
Key Players in Refinery Catalyst Market
The “Global Refinery Catalyst Market” study report offers a valuable insight with an emphasis on global market including some of the major players such
- Albemarle Corporation
- W. R. Grace & Co.
- Haldor Topsoe A/S
- Honeywell UoP LLC
- Sinopec Corp
- Clariant International Ltd.
- Johnson Matthey PLC
- Exxon Mobil Corporation
- KNT Group.
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