Global Hydro

processing Catalysts
Market

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Hydro-processing Catalysts Market : Global Industry Analysis and Opportunity
Assessment 2014 - 2020
In last two decades, the business of refining catalyst has grown from regional to global
level. Refinery product values are dependent on process catalysts of refined products,
petrochemical products and chemicals alongwith other refinery operations. One of the
major concerns in the refinery is to reduce the sulphur content to the required limit.
Hydro-processing catalysts (HPC) are primarily consumed in the hydro-processing
operation of crude oil fractions. Such crude oil fractions include kerosene, naphtha and
diesel. As a common practice, hydro-processing of crude oil fractionsis carried out at an
elevated temperature and pressure.Hydro-processing is required to remove pollutants
such as sulphur, heavy metals and nitrogen from fuel oils. These catalysts also help in the
catalytic hydrocracking process to crack larger hydrocarbon molecules into smaller
sizes,to be used as fuel oils.
Thus, hydro-processing catalysts enable conversion of heavy feedstock into lighter
products for efficient processing. Hydro-processing catalysts market is the fastest growing
refinery catalysts market segment in the world. In addition, hydro-processing catalysts
supplement the process control and operational efficiency improvement activities.
Therefore, it is expected that the hydro-processing catalyst market will dominate the
global refinery catalyst market by 2020.

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The global hydro-processing catalysts market can be categorized on the basis of its
product type as molybdenum oxides, cobalt oxides, nickel oxidesand tungsten oxides.
These metal oxides are carried on a carrier or matrix of silica, alumina and silica/alumina.
Further, global hydro-processing catalysts market can also be categorized on the basis of
their applications such as creating cleaner fuels, ultra-low sulphur levels in diesel fuels
(ULSD) and others. On the basis of technology, global hydro-processing catalysts market
can be segmented as hydro-treating catalysts, hydrogenation catalysts, hydrocracking
catalysts, isomerisation catalyst and reforming catalyst. Among these, hydro-treating
catalysts are dominant segment at present,accounting for more than half of the global
hydro-processing catalysts market.
Refiners are more focusing to maximize residue feedstock yield through hydro-processing
catalysts as petroleum product prices are rising globally. This is one of the key supply side
drivers of the global hydro-processing catalysts market. Moreover, stringent
environmental regulations and legislations are expanding, which, in turn, affects the
heaviercrude processing and sulphur elimination process market.Enhanced refinery
capacities coupled with the rising oil production are driving the growth of global hydroprocessing catalysts market.
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Environmental fuel specifications regulations introduced by Europe, the U.S.and few Asia
Pacific countries have been driving the global hydro-processing catalysts market.Further,
developed countries have mandate to reduce sulphur content whereassulphur
restrictions are implemented in the developing countries such as India, China and
Mexico. As hydro-processing catalysts are advantageous to reduce sulphur content, these
countries are likely to open up opportunities for hydro-processing catalysts market.
Due to presence of giant oil and gas chemical manufacturers in the refinery catalyst
market; the market competition is quite high. Expansion of production facilities in oil
producing fields along with the strategic alliances are few of the major market strategies
in the global hydro-processing catalysts market.
Some of the major market participants of global hydro-processing catalysts market
include HaldorTopse, W. R. Grace and Company, Albemarle Corporation, Axens, UOPHoneywell International Inc., Chevron Corporation, Royal Dutch Shell plc, BASF SE,
Criterion Catalysts & Technologies, Criterion catalysts & Technologies and others. Among
these, BASF has increased its R&D efforts since it acquired Engelhard.
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