european-market-for-catalysts-in-petroleum-refining-chemicals-and-polymer-industry
Published

September 2016

European Market for Catalysts in Petroleum Refining, Chemicals and Polymer Synthesis Segmented By Material Type, Application and Geography (2015 - 2020)

Purchase Report
$3850
Single user license
$4250
Team license
$6750
Corporate license

The European market for catalysts in petroleum refining, chemicals and polymer synthesis is expected to grow at a CAGR of 3.4% during the forecast period. Europe accounts for 22% of the global market share in petrochemical catalysts. Polymer synthesis catalysts, accounting for 35% of the market, are expected to grow at a slightly higher rate. Increasing demand for polymers and automobiles and also the imposition of regulations for the development of better standard products is expected to enhance the worldwide demand over the forecast period although advances will be limited by weak motor vehicle demand.

European catalyst production is expected to slow slightly due the shift of catalyst manufacturing base to Asia-Pacific, the Middle East and Africa. However with continuous implementation of new government norms and legislations which result in more investments in catalysts to provide the expected pollution standards and better quality, the catalyst market would be boosted. In the European Union, the regulation - REACH (regulation on registration, evaluation, authorization and restriction of chemicals) is responsible for making industries responsible for accessing and managing the risks posed by chemicals and complying with quality standards. Hydroprocessing catalyst market is boosted by the presence of more stringent vehicle emission standards which require low sulfur fuel.

Market Dynamics for the European market for catalysts in petroleum refining, chemicals and polymer synthesis:

Drivers:

The increasing demand for petroleum products and polymers is a major driver for the market. There is also a rise in demand for high octane fuels and stringent environmental norms against the use of large amounts of sulphur in fuel thus, increasing the innovation in the market for more environment friendly products.

Restraints:

The high manufacturing costs and the depleting natural resources are the restraints to this market. Other factors like the fluctuating precious metal prices and the weakening economy in many countries also weaken the market growth.

The European market report for catalysts in petroleum refining, chemicals and polymer synthesis is segmented by chemical metals (metals and organometallic catalysts, aluminosilicates, chemical compounds and other catalysts), by application (petroleum refining catalysts, chemical synthesis catalysts and polymerization catalyst) and by geography (U.K, France, Italy, Germany and other countries). The key players in this industry are:

  • BASF Corp.
  •  Bayer technologies Ltd.
  • Catalytic Distillation Technologies
  • Chevron
  • Dupont
  • Nova Chemicals Inc.

Key Deliverables in the Study

  • Analysis for the European market for catalysts in petroleum refining, chemicals and polymer synthesis, with region specific assessments and competition analysis on a regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the European market for catalysts in petroleum refining, chemicals and polymer synthesis on a regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
RELATED REPORTS

Confused about which report to get?

Download a full report to understand our capabilities
Purchase Report
$3850
Single user license
$4250
Team license
$6750
Corporate license
Our Clients Include View All

Looking to Customize Report?