Catalyst Regeneration Market - Forecast till 2019

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MarketsandMarkets Presents

• Catalyst Regeneration Market
• Forecast till 2019

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• Catalysts are widely used in refineries and
  chemical plants. These catalysts do not
  participate in the reactions but help in
  accelerating their rate. Gradually, the catalytic
  activity of the catalyst reduces due to
  deposition by different types of contaminants,
  after which the catalyst needs to be replaced.
  The spent catalyst has to be either disposed
  following the environmental regulations or
  recycled. Due to the increasing catalyst related
  environmental regulations and catalyst disposal
  cost, manufacturers are adopting different
  methods to recycle the catalyst.
• Catalyst regeneration is one of the ways to
  restore the catalytic activity. The regenerated
  catalyst can either be used in the same
  application or in other applications requiring
  less degree of catalytic activity. The catalysts
  can either be regenerated within the plant or
  off-site by a regenerating company.The catalyst
  regeneration market, in terms of value, is
  estimated to reach 5002.47 Million by 2019,
  witnessing a CAGR of 5.54 between 2014 and 2019.

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• http//www.marketsandmarkets.com/Market-Reports/ca
  talyst-regeneration-market-246911562.html
• The catalyst regeneration market is anticipated
  to show moderate growth rate in the coming years.
  The global catalyst regeneration market demand is
  estimated to reach around 1,814 KT by 2019. The
  market is capital intensive with patented
  technologies. The key players license their
  patented technologies to different companies
  around the globe to increase their presence in
  different regions.

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• The market for regenerated catalyst, in terms of
  value, is estimated to reach 5002.47 Million by
  2019, witnessing a CAGR of 5.54 between 2014 and
  2019. In terms of volume, Europe dominated the
  catalyst regeneration market in 2013 and is
  expected to register a steady CAGR by 2019. Due
  to closure of few refineries in Europe, the
  regenerated catalyst market is projected to
  witness a slow growth rate. The catalyst
  regeneration market in North America is
  speculated to experience a period of boom in the
  coming decade due to recent discovery of shale
  gas. The catalyst regeneration market in
  Asia-Pacific is expected to grow at the highest
  CAGR between 2014 and 2019 due to rise in
  refinery capacity and penetration level of
  regeneration of catalyst.

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