Global Market for Catalyst Regeneration

Abstract

This BCC Research study focuses on the catalyst regeneration business. Global value demand for catalysts (both fresh and regenerated) will grow 7.9% yearly from the current value of $11.5 billion to $16.9 billion through 2010. This is based on increased production of end-use products and a shift toward higher-value catalyst materials. Polymerization catalysts will grow the fastest while chemical synthesis catalysts will surpass petroleum refining types as the largest segment.

This report study analyzes the world regenerated catalyst business. It presents historical demand data for 2002, 2003, 2004 and 2005, and forecasts to 2010 according to catalyst management service, product and application (e.g., fluid cracking, hydroprocessing, alkylation, reforming and organic synthesis, oxidation, synthesis gas, hydrogenation, automotive exhaust and flue⁄waste treatment); also by market sector, material, site, technology and by world region, respectively. The study also quantifies the various options for managing spent catalysts.

The study examines the market environment, details industry structure and market share, and profiles leading industry competitors including Eurecat, Tricat, SCR-Tech, CRI, W.R. Grace, Akzo Nobel, Johnson Matthey, Engelhard, Royal Dutch/Shell, BP, ChevronTexaco, Degussa, Dow Chemical, DuPont, Sasol, Eni Technologies and Haldor Topsoe. It assesses the role of catalyst regeneration as a key input for the production of high-quality, clean transportation fuels and environmental clean-up of dangerous pollutants.

This report covers:

• Regenerated catalyst use in processing of crude oil (including non-conventional sources such as tar sands and heavy oil reservoirs), chemical/petrochemical synthesis, automotive exhaust gas treatment, and flue gas/waste treatment,
• An extensive overview of the U.S. and global catalyst regeneration markets,
• The global market for catalyst regeneration, with data forecasted through 2010,
• The top companies in the catalyst regeneration business,
• A detailed patent analysis.

• The global regenerated catalyst market for chemical, energy and environmental catalysts was worth close to $2.7 billion in 2005. The market is projected to grow to reach just under $3.5 billion/year in 2010, an average annual growth rate (AAGR) of 5.5%. Demand for off-site catalyst regeneration services will increase at an annual average growth rate (AAGR) corresponding to 6.1% to reach $3,408.3 million/year in 2010.
• Regenerated refinery catalysts, now more than 84% of the total regenerated catalyst market, are projected to gain market share from 2005 through 2010 as more stringent emissions regulations come into force and new sulfur regulations become mandatory.
• Stationary source air pollution catalytic applications (e.g., power plant emissions controls, industrial boilers and waste incineration plants) accounts for 8.9% of the regenerated catalyst market in 2005, followed by mobile source air pollution remediation applications, particularly vehicle catalytic converters, with 4.2% of the regenerated catalyst market in 2005. Chemical/petrochemical applications account for the remaining 2.1%.

METHODOLOGY AND INFORMATION SOURCES

The findings and conclusions of this report are based on information gathered from a cross-section of catalyst developers, manufacturers, distributors, end users and other informed sources. Interview data were combined with information gathered through an extensive review of secondary sources such as trade publications, trade associations, company literature and on-line databases to produce the baseline market estimates contained in this report.

With 2005 as a baseline, projections for each market segment were developed for 2005 through 2010. They are based on a combination of a consensus among the primary contacts, combined with BCC Research' s understanding of the key market drivers and their impact from a historical and analytical perspective. The analytical methodologies used to generate market estimates are based on a detailed projection of world economy and trade. All dollar projections presented in this report are in 2004 constant dollars.