Hydrotreating Catalyst Market Growth and Forecast 2027

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Hydrotreating Catalyst Market 

• Global Industry Analysis, Size, Share, Growth,
  Trends, and Forecast, 2019 - 2027

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Hydrotreating Catalyst Market Introduction

• Hydrotreating is considered a primary process in
  refineries, which is employed to remove sulfur
  and nitrogen contaminants from diesel, gasoline,
  and jet fuel
• Hydrotreating catalysts are produced by coating
  alumina extradites with potentially active metals
  such as cobalt, nickel, molybdenum, and/or
  tungsten
• In the hydrotreating process, hydrogen is mixed
  with sour hydrocarbon fed inside a reactor, which
  is filled with cobaltmolybdenum or
  nickelmolybdenum catalysts. In their active
  form, cobaltmolybdenum or nickelmolybdenum
  catalyze the reactions to transform sulfur and
  nitrogen contaminants into hydrogen sulfide and
  ammonia.  These compounds can be easily removed
  from the hydrogen off-gas stream in subsequent
  processing steps. The hydrocarbon product leaving
  the reactor is an extremely clean motor fuel.
• Hydrotreating catalysts are hygroscopic and they
  can easily absorb 24 of water on exposure to
  humid air during the loading process

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 Key Drivers of Global Hydrotreating Catalyst
Market

• Leading players operating in the global oil gas
  refinery industry are striving to meet norms
  regarding clean energy, while ensuring
  cost-efficient processes. Hydrotreating catalysts
  enable refineries to meet product specifications
  at a low cost.
• Government regulations in developing countries to
  reduce the amount of sulfur oxide emissions from
  burning of crude oil can also be considered one
  of the major factors driving the hydrotreating
  catalyst market in these countries, for example,
  the new IMO (International Maritime Organization)
  2020 Low Sulfur Regulation would be coming into
  effect from January 1, 2020. As per this
  regulation, all sea-going vessels worldwide would
  need to reduce the level of their sulfur
  emissions by 85.
• In order to comply with the regulation, sulfur
  content in fuel oil should be reduced from 3.50
  to 0.50. In addition to this, the 0.10 sulfur
  limit is already effective in the Emission
  Control Areas (ECAs).

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Key Players Operating in Global Hydrotreating
Catalyst Market

• Haldor Topsoe A/S
• Axens S.A.
• Johnson Matthey PLC
• Criterion
• Süd-Chemie
• Albemarle Corp.
• Grace Davison
• Honeywell International Inc.
• BASF
• W.R Grace
• Sinopec

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