Los Angeles, CA -- (SBWire) -- 04/22/2019 --Hydrotreating, formally known as hydrodesulfurization (HDS), is a chemical process used on natural gas and refined petroleum. The aim of this process is to decrease the amount of sulfur in the petroleum by increasing the amount of hydrogen in the product. This is done for a variety of reasons, such as decreasing the environment impact when these petroleum products are used, and to keep the reforming units that process the petroleum from being poisoned. Most of the sulfur produced annually comes from this process.
The global Hydrodesulfurization Catalyst industry has a rather high concentration. The major manufacturers are concentrated in USA, China and Europe, such as Advanced Refining Technologies (ART), Albemarle Corp, Criterion, Honeywell UOP, Haldor Topsoe A/S, Axens S.A, Johnson Matthey PLC, JGC C&C, Sinopec and CNPC. At present, Criterion is the world leader, holding 19.56% production market share in 2016.
Hydrodesulfurization Catalyst can be mainly divided into Load Type and Non-Load Type which Load Type captures about 93.10% and Non-Load Type captures about 6.90% of Hydrodesulfurization Catalyst market in 2016. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Hydrodesulfurization Catalyst.
The global Hydrodesulfurization Catalyst market was 1010 million US$ in 2018 and is expected to 1130 million US$ by the end of 2025, growing at a CAGR of 1.4% between 2019 and 2025.
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This report studies the Hydrodesulfurization Catalyst market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hydrodesulfurization Catalyst in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Advanced Refining Technologies (ART)
Albemarle Corp
Criterion
Honeywell UOP
Haldor Topsoe A/S
Axens S.A
Johnson Matthey PLC
JGC C&C
Sinopec
CNPC
By the product type, the market is primarily split into
Load Type
Non-Load Type
By the end users/application, this report covers the following segments
Diesel Hydrotreat
Naphtha
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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Hydrodesulfurization Catalyst Market Growing at 1.4% CAGR Will Hit 1130 Million US$ in 2025