Transparency Market Research Adds New Report on "Petroleum Refining Catalysts Market - Global Industry Size, Market Share, Trends Analysis, And Forecast, 2012 - 2018".
Albany, NY -- (SBWIRE) -- 09/18/2012 -- “Petroleum refining catalysts,” refer to the process of conversion or refining of the crude fossil fuel into the commercially viable and usable petrol. With ever increasing human needs, the need for fuels especially petrol is on a constant rise.
The petroleum refining catalysts market could be segmented into three major categories: on the basis of types into: isomer forming catalysts, fluid catalytic cracking catalysts, hydrogen producing catalysts, alkyl catalysts, hydrodesulphurization catalysts, H.P.C (hydroprocesssing) catalysts and other catalysts, on the basis of components into: chemicals, zeloites and metals, and on the basis of end users into: chemical industry, refining catalyst industry, petrol refineries, metal industry and others. The market could also be segmented on the basis of geography into: North America, Europe, Asia Pacific and the rest of the world regions.
Read More: Petroleum Refining Catalysts Market
The global revenue for petroleum refining catalysts market is expected to reach USD 4,950 million by 2017. The North American region holds the majority of the market share, followed by the European region. The Asia Pacific region is expected to exhibit the fastest growth rate, due to its rising economy. The fluid catalytic cracking catalysts is the most used process in the market, and so has the maximum market share.
The rising disposable incomes of consumers which are allowing them to make vehicular purchases, and the expansion strategies adopted by the companies dealing with petroleum refining are some of the factors driving the petrochemical refining catalysts market forward. The adoption of ‘go green’ or environmental policies adopted by nations, and the availability of alternative fuels such as biofuels are the restraining factors for the market. The rising number of vehicles in the Asia Pacific region induced by their rising economies will serve as an opportunity for the future growth of the market.
Browse Full Reports on Energy Market
Some of the key players in the petroleum refining catalysts market are: BASF Catalysts, WR Grace, Albermarle Corporation, Exxon Moil Corporation, Evonik Industries, Johnson Matthey, Chevron Corporation, and others.
This market research report analyzes important market segments, and major geographies. This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
To Get Full Information About This Report: http://www.transparencymarketresearch.com/petroleum-refining-catalysts-market.html
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
90 Sate Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)