Refinery Catalysts: Market Strategies, Analysis, and Opportunities
- Key Topics
- Petroleum Process
- Chemical Process
- Fluid Catalytic Cracking FCC Catalysts
- Hydroprocessing Catalysts
- Metal Refinery Catalys
- Related Energy
- Depleting Crude Oil Reserves
- Process Catalysts
- Refining Catalysts
- Refining Industry
- Refining Capacity
- Maximizing Diesel Production
- Hydrotreating Process
- Distillate Hydrotreating
- Lithium Carbonate
- Lithium Chemicals
- Lithium Market Opportunity
- Rare Earth Minerals
YOU MUST HAVE THIS STUDY
LEXINGTON, Massachusetts (March 25, 2017) – WinterGreen Research announces that it has published a new module Refinery Catalysts: Market Strategies, Analysis, and Opportunities. The 2017 module has 818 pages and 235 tables and figures. The study addresses hydroprocessing catalysts and FCC catalysts. Hydroprocessing catalysts are used to create cleaner fuels--especially ULSD. Demand for cleaner fuels is driving the market. Refining catalysts are experiencing strong growth. New fuel standards are coupled with refineries increasing use of heavier and dirtier feedstocks and major additions to refining capacity.
The refinery catalyst market is thus boosted by the fact that the efficient use of catalysts can help the manufacturers' better address the increasing energy demand. Fluid catalytic cracking (FCC) is the conversion process used in petroleum refineries. It is widely used to convert the high-boiling, high-molecular weight hydrocarbon fractions of petroleum crude oils to more valuable gasoline, olefinic gases and other products.
Cracking of petroleum hydrocarbons is done by catalytic cracking because it produces more gasoline with a higher-octane rating. Byproduct gases are more olefinic. These are more valuable than those produced by thermal cracking.
The feedstock to an FCC is that portion of the crude oil that has an initial boiling point of 340 °C or higher at atmospheric pressure. The average molecular weight ranges from about 200 to 600 or higher. This portion of crude oil is often referred to as heavy gas oil. The FCC process vaporizes and breaks the long-chain molecules of the high-boiling hydrocarbon liquids into much shorter molecules by contacting the feedstock, at high temperature and moderate pressure, with a fluidized powdered catalyst.
Hydroprocessing faces significant challenges as crude feeds get heavier; there will be more sulphur and nitrogen to extract; more aromatics to saturate; more metals to remove; and more coke to deal with. Refiners have ageing facilities, which may not be designed and optimized to meet new challenges. As more capital investment is needed, costs for refining fossil fuels will rise, stimulating markets for renewable energy, making them more competitive with fossil fuels.
The cost of hydrocracking catalysts varies because of composition differences. The catalysts can be alumina with base metals or contain added crystalline zeolites. High quality ultra-stable type Y molecular sieve zeolites are used in this service. Nickel-moly or nickel-tungsten are the active metals frequently used.
FCC additives are used with catalysts to meet specific unit objectives. Higher gasoline octane, lower gasoline sulfur, lower sulfur oxides (SOx) and nitrogen oxides emissions, lower carbon monoxide levels, improve fluidization, make more propylene and/or liquefied petroleum gas (LPG) and improve bottoms cracking are FCC objectives.
According to Susan Eustis, principal author of the study, “Fluid Catalytic Cracking (FCC) petroleum refining products overcome limiting factors affecting refinery capacity and operating flexibility to deliver value and performance. Catalysts are a crucial component in the processing of highly valued petrochemicals, gasoline, diesel and other fuels.”
The market for refinery catalysts in the oil refining sector at $4,967 million in 2016 is expected to be worth $6,490 million by 2023, growing at 3.8% on average between 2017 and 2023. There are 500 FCC units being operated globally, each of which requires a constant supply of FCC catalysts. There are 3,000 HPC units being operated globally, or a capacity of approximately 44 million barrels per day, each of which typically requires replacement HPC catalysts once every one to four years.
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- Haldor Topsoe
- Honeywell / UOP
- Advanced Refining Technologies (ART)
- WR Grace
- Clariant AG / Süd-Chemie AG
- Shell CRI
- IFP Energies nouvelles Group Company / Axens
- Sinopec China Petrochemical Corporation
- Shell / Criterion
- Air Products
- Advanced Energy Materials LLC
- Clean Diesel Technologies
- Clean Diesel Technologies / Catalytic Solutions
- Evonik Industries
- ExxonMobil Catalysts and Licensing LLC,
- Headwaters Technology Innovation (HTI)
- IFP Energies Nouvelles Group Company / Axens / Eurecat UNICAT Catalyst Technologies
- Indian Oil Corporation
- Johnson Matthey
- KBR Hydroprocessing
- Petrobras Partnership with Albemarle
- Quantiam Technologies Inc.
- Rive Technology and Grace Davison
- Shell / Sekiyu
- Shoaibi Group / General Technology & Systems Company Ltd (GENTAS)
- UNICAT Catalyst Technologies
- Selected Refinery Catalyst Companies
- Emerging Catalyst Companies
- FCC Catalyst & Additive Suppliers
- Government Agencies and Other Organizations
This is the 459th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary databases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.
About the Company
WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.
About the Principal Authors
Ellen T. Curtiss, Technical Director, co-founder of WinterGreen Research, conducts strategic and market assessments in technology-based industries. Previously she was a member of the staff of Arthur D. Little, Inc., for 23 years, most recently as Vice President of Arthur D. Little Decision Resources, specializing in strategic planning and market development services. She is a graduate of Boston University and the Program for Management Development at Harvard Graduate School of Business Administration. She is the author of recent studies on worldwide telecommunications markets and the Top Ten Telecommunications market analysis and forecasts.
Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.