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The global hydrodesulfurization catalysts market grew at a CAGR of around 4% during 2015-2020. Looking forward, IMARC Group expects the market to continue its moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Hydrodesulfurization (HDS) is a chemical process used to remove saturated sulfur from raw petroleum products, such as crude oil or natural gas. It also assists in making these products more efficient and reducing combustion byproducts. It relies on factors such as the promoter, support type, active component, organic-inorganic additive and their content, pH of the impregnation solution, metal-support interaction and slab length-stack number.
HDS catalysts reduce sulfur dioxide (SO2) emissions from refined gasoline, petrol, diesel and fuel oils. This, in confluence with stringent regulations imposed by governing agencies of numerous countries on fuel emission of ships, aircraft, automobiles and railroad locomotives, represents one of the significant factors propelling the growth of the market. It is also supported by the escalating demand for public transportation and the increasing sales of automobiles around the world. Apart from this, HDS catalysts are gaining popularity in oil-burning power plants and residential and industrial furnaces for capturing hydrogen sulfide gas. Furthermore, HDS catalysts find extensive application in fluid catalytic cracking (FCC) pretreatment and kerosene hydrotreating processes. This, in turn, is promoting their utilization in the food and beverage (F&B) industry worldwide. Besides this, the advent of nanotechnology is creating opportunities for intensive research and development (R&D) activities and the introduction of sustainable and high-performance HDS catalysts. Additionally, advancements in internal combustion engines (ICEs) and the increasing environmental concerns are other factors anticipated to fuel the growth of the market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrodesulfurization catalysts market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type and application.
Breakup by Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Advanced Refining Technologies LLC, Albemarle Corporation, Axens, China National Petroleum Corporation, China Petroleum & Chemical Corporation (China Petrochemical Corporation), Haldor Topsoe A/S, Honeywell International Inc., JGC C&C, Johnson Matthey Plc and Royal Dutch Shell PLC.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Advanced Refining Technologies LLC, Albemarle Corporation, Axens, China National Petroleum Corporation, China Petroleum & Chemical Corporation (China Petrochemical Corporation), Haldor Topsoe A/S, Honeywell International Inc., JGC C&C, Johnson Matthey Plc and Royal Dutch Shell PLC|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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