Transparency Market
Research
Refinery Catalysts Market - Global Industry Analysis,
Size, Share, Growth, Trends, and Forecast 2016 - 2024
Published Date
21-Sept-2016
267 Page Report
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Press Release
Stringent Fuel Emission Control Regulations to Boost Global
Consumption of Refinery Catalysts, observes TMR
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Refinery Catalysts Market
REPORT DESCRIPTION
Refinery Catalysts Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 2024
Refinery Catalysts Market: Snapshot
The global market for refinery catalysts is chiefly driven by the rising stringency of fuel emission regulations
across the globe. In developed as well as developing countries across the globe, as a rising set of regulations
govern the compatibility of fuels and their usages across a number of industries, the demand for refinery
catalysts is set to rise globally.
Transparency Market Research estimates that the market will tread along a healthy growth path in the next few
years. The global demand for refinery catalysts is likely expand at a CAGR of 3.93% between 2016 and 2024
in terms of volume. In terms of revenue, the market, with a valuation of US$11,454.2 mn in 2015, is projected
to expand at a CAGR of 4.6% over the said period and rise to US$17,059.2 mn by 2024.
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Zeolites to Remain Market’s Most Popular Catalytic Material
Zeolites are the most widely consumed materials used in the global refinery catalysts market, accounting for a
share of over 65.5% in terms of volume in 2015. The high demand for zeolites is chiefly driven by the rising
usage of fluid catalytic cracking process across refineries to support the rising...