September 27, 2017 - 11:45 AM EDT
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Global Catalyst Regeneration Market, 2021

DUBLIN, September 27, 2017 /PRNewswire/ --

The "Global Catalyst Regeneration Market 2017-2021" report has been added to Research and Markets' offering.

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The global catalyst regeneration market to grow at a CAGR of 5.68% during the period 2017-2021.

Global Catalyst Regeneration Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Growing refinery capacities. Refineries are the key sources of crude oil. The demand for energy is growing rapidly every day due to several reasons such as rising population, increasing number of vehicles, industrial growth, and economic development in emerging countries. The rising demand for energy is fueling the production of crude oil. As per the U.S. Energy Information Administration (EIA), there is a constant increase in the global crude oil production.According to the report, one of the major drivers for this market is High price of unprocessed catalyst. Catalysts own a significant portion of the operational cost in oil refineries, gas processors, chemical, and petrochemical plants. The cost of regenerated catalysts is very low compared to that of the unprocessed catalysts, exhibiting almost similar performance. Currently, advanced spent catalysts can be regenerated to perform activities corresponding to the fresh catalysts.

Further, the report states that one of the major factors hindering the growth of this market is Intricacies in regenerating catalysts contaminated by metals. In oil refineries, gas processors, and chemical and petrochemical industries, catalysts get deactivated during the operations mainly due to three reasons such as sintering, coke deposit, and metal contamination. Coke deposits and sintering can be eliminated by the catalyst regeneration process. The difficulty arises when the metal and other contaminants such as arsenic, lead, silicon, and vanadium contaminate the catalyst. Catalysts contaminated by metal pollutants need a careful monitoring to minimize the chances of contamination and maximize the chances of catalyst recovery.

Key vendors

  • Eurecat
  • Haldor Topsoe
  • NIPPON KETJEN
  • Porocel
  • STEAG SCR-Tech

Other prominent vendors

  • Advanced Catalyst Systems
  • CORMETECH
  • EAS
  • Ebinger Katalysatorservice
  • EmeraChem
  • Ranido
  • Zibo Hengji chemical

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Type

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/kvjrg6/global_catalyst

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Source: PR Newswire (September 27, 2017 - 11:45 AM EDT)

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