Refinery Catalysts Market

By Product;

Zeolite, Metallic, Chemical Compounds and Others

By Application;

FCC Catalysts, Alkylation Catalysts, Hydrotreating Catalysts, Hydrocracking Catalysts and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn140759396 Published Date: September, 2025 Updated Date: November, 2025

Refinery Catalysts Market Overview

Refinery Catalyst Market (USD Million)

Refinery Catalyst Market was valued at USD 5,403.74 million in the year 2024. The size of this market is expected to increase to USD 6,968.61 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.7%.


Refinery Catalysts Market

*Market size in USD million

CAGR 3.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.7 %
Market Size (2024)USD 5,403.74 Million
Market Size (2031)USD 6,968.61 Million
Market ConcentrationHigh
Report Pages353
5,403.74
2024
6,968.61
2031

Major Players

  • Honeywell International Inc
  • Axens S.A.,
  • Haldor Topsoe A/S
  • Albemarle Corporation
  • W.R. Grace and Co
  • Clariant AG,
  • China Petroleum and Chemical Corporation
  • BASF SE

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Refinery Catalysts Market

Fragmented - Highly competitive market without dominant players


The Refinery Catalysts Market is witnessing consistent growth as refineries emphasize improved fuel conversion and higher efficiency. Over 55% of refining facilities now rely on advanced catalysts to maximize yield and minimize impurities. Their role in boosting operational performance makes them indispensable in refining operations.

Sustainability and Cleaner Fuel Initiatives
Rising demand for low-emission fuels is significantly fueling the adoption of refinery catalysts. Approximately 45% of refineries have achieved reduced sulfur levels and enhanced emission control through advanced catalytic processes. This supports the industry’s transition toward greener and more sustainable fuel production.

Innovations Driving Catalyst Performance
Advancements in catalyst technology are transforming refinery operations. Nearly 40% of new developments target improvements in hydrocracking, fluid catalytic cracking, and desulfurization. These innovations enhance refining efficiency, extend equipment durability, and reduce operating expenses, creating value across the refining chain.

Diverse Applications Across Fuel Production
Refinery catalysts are extensively used across multiple fuel types such as gasoline, diesel, and aviation fuel. More than 50% of demand arises from gasoline refining, while close to 30% is attributed to diesel production. This wide application scope underscores their critical role in meeting varied energy demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Refinery Catalyst Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Demand for cleaner fuels

        2. Stringent environmental regulations

        3. Increasing refinery capacities

        4. Growth in oil refining activities

      2. Restraints
        1. High capital investment

        2. Fluctuating crude oil prices

        3. Regulatory challenges

        4. Environmental concerns

      3. Opportunities
        1. Expansion in emerging markets

        2. Shifting towards renewable energy sources

        3. Strategic partnerships and collaborations

        4. Rising investments in research and development

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Refinery Catalysts Market, By Product, 2021 - 2031 (USD Million)
      1. Zeolite
      2. Metallic
      3. Chemical Compounds
      4. Others
    2. Refinery Catalysts Market, By Application, 2021 - 2031 (USD Million)
      1. FCC Catalysts
      2. Alkylation Catalysts
      3. Hydrotreating Catalysts
      4. Hydrocracking Catalysts
      5. Others
    3. Refinery Catalyst Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Albemarle Corporation
      2. BASF SE
      3. W.R. Grace & Co.
      4. Axens S.A.
      5. Haldor Topsoe A/S
      6. Honeywell UOP
      7. Clariant International Ltd.
      8. Johnson Matthey
      9. Evonik Industries AG
      10. ExxonMobil Corporation
      11. Chevron Corporation
      12. Shell Global Solutions
      13. DuPont
      14. Arkema Group
      15. JGC Catalysts and Chemicals
  7. Analyst Views
  8. Future Outlook of the Market