Catalyst Regeneration Market worth $5002.47 Million by 2019


Posted June 14, 2016 by RohitBhagare

This report estimates the size of catalyst regeneration market in terms of value and volume, regionally and in end-user markets.

 
The report also identifies the driving and restraining factors for the catalyst regeneration market with an analysis of trends, opportunities, and winning imperatives. The market is segmented and the value has been forecasted on the basis of important regions, such as Asia-Pacific, North America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and value are forecasted on the basis of various key applications of catalyst regeneration, such as refinery, chemicals, and petrochemicals and other applications.
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Key content of this market:
The report “Catalyst Regeneration Market by Technology (Off-site regeneration and On-site regeneration), by Application (Refinery, Chemicals & Petrochemicals, and Others), by Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast till 2019” defines and segments the catalyst regeneration market with an analysis and forecast of value by technologies, such as off-site regeneration and on-site regeneration. Along with this, the value and volumes of catalyst regeneration by applications and regions are also discussed in the report.
http://www.marketsandmarkets.com/Market-Reports/catalyst-regeneration-market-246911562.html
Off-site regeneration of catalysts-key market for regenerated catalyst
The catalyst regeneration market is segmented into two regeneration technologies: off-site and on-site. These two regeneration technologies have application specific demands that are differentiated by cost, and efficiency. The off-site catalyst regeneration has the highest market share and is also the fastest growing market.
Off-site regeneration is a rapidly growing technology opted by oil refining and chemical and petrochemical industries due to stringent environmental regulations, cost optimization, and better quality and performance of regenerated catalysts.



Catalyst regeneration market value to reach $5002.47 Million by 2019
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 increasing refinery capacity in the developing regions is the main driving factor whereas superior result of rejuvenation process is the main restraining factor hampering the catalyst regeneration market growth. However, with the increasing use of catalyst regeneration process in refinery and other applications in both developing and developed regions, the market for catalyst regeneration is expected to experience decent growth in near future. On the other hand, inability to regenerate catalyst contaminated with lead, arsenic, silicon, vanadium, and others is going to limit the market.
This report estimates the size of catalyst regeneration market in terms of value and volume, regionally and in end-user markets. The report provides a comprehensive review of the important drivers, challenges, and key issues in the catalyst regeneration market. This market is further segmented and forecasted for key regions, such as Asia-Pacific, Europe, North America, and RoW. Top players of the industry are profiled in detail with their recent developments and other strategic industry activities. The segmentation by type of catalyst regeneration in terms of consumption and value for each region is also discussed in this report.
Asia-Pacific and RoW together are expected to account for more than 40% of the regenerated catalyst market, in terms of value, by 2019
ROW is estimated to be one of the fastest growing markets for regeneration of catalyst in the next five years. The Asia-Pacific will be the largest, with main developments in China, India, South Korea, and Taiwan. Asia-Pacific is expected to continue its status and dominate the market by 2019. Increasing environmental regulations and cost optimization are expected to drive the catalyst regeneration market in Asia-Pacific.
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Categories Research
Tags catalyst regeneration
Last Updated June 14, 2016