Portland, OR -- (SBWire) -- 08/09/2017 --Refiners often face problems, such as heat balance effect (especially in shale oil), configuration imbalance, and presence of contaminant metals in processing tight oil (liquid crude oil). Therefore, refinery catalysts provide provisions for metals tolerance, while achieving maximum conversion and selectivity on light feeds and optimum butylene selectivity. In addition, refiners employ new catalyst technologies to maximize the value present in tight oil (liquid crude oil) feedstocks.
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This report projects the trends and opportunities of the global refinery catalyst market. This research study includes a qualitative & quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview toward the market growth and predict the market behavior during the forecast period.
Zeolites are extensively used refinery materials, owing to their characteristics to provide microporosity and adjustable acidity, thus making it ideal for petrochemical applications. In addition, these are widely used in processes, such as olefin dealkylation, naphtha isomerization, reforming, hydrocracking, and cracking. Moreover, fluid catalytic cracking is a type of secondary unit operation used in producing additional gasoline in the refining process. Owing to soaring diesel and gasoline consumption as the primary transportation fuel are expected to boost the refinery catalyst demand during the forecast period. Stringent government regulations related to Ultra-Low Sulfur Diesel (ULSD) and strict emission standards among developed regions, such as the U.S. and Canada, are anticipated to drive the global refinery catalyst market demand in the petroleum refining sector. Furthermore, availability of alternate fuels, such as biofuels, and adoption of Go Green and emission standards raised by multiple nations are expected to hamper the market growth.
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Refinery Catalyst Market by Catalyst Material (Zeolites, Metals, and Chemical Compounds)
Refinery catalysts are provided across petroleum refineries to help refiners meet fuel standards, manage operational efficiency, enhance yield and conversion, without affecting the environment.