Zion Market Research has published a new report titled “Catalyst Regeneration (On-site and Off-site) Market for Petroleum Refining, Chemical Synthesis, Polymer and Environmental Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020”. According to the report, the Global catalyst regeneration market was valued at approximate USD 3,720.0 million in 2014 and is expected to reach approximately USD 4,700.0 million by 2020, growing at a CAGR of around 4% between 2015 and 2020. In terms of volume, Global catalyst regeneration market stood at 1,475.0 kilo tons in 2014.
Catalysts are widely used in different chemical processes in petroleum refineries, chemical & petrochemical facilities, environmental processes, etc. Catalysts lose its activity over the certain period of time. These catalysts are either disposed of or recycled. The process of restoring the catalytic activity of a used catalyst is called as catalytic regeneration.
Request For Free Sample Report: www.marketresearchstore.com/report/catalyst-regeneration-market-z38072#RequestSample
Recycling of hazardous catalysts helps to maintain environmental safety. Regenerated catalysts are growing in popularity as reactivation technologies can restore more than 90% of activity. It helps in reducing the catalyst waste stream, thus diminishing environmental impact while saving significant purchase cost of fresh catalysts. Recycling of catalysts provides cost effective substitute for expensive virgin catalysts. Moreover, recycling saves cost involved in the disposal of used catalysts. In the light of these benefits, catalyst regeneration market is expected to witness the fastest growth as compared to virgin catalysts market. However, certain environmental concerns associated with the recycling of catalysts are expected to limit the growth of this market. Moreover, rejuvenated catalysts some time may not give optimum yield as compared to fresh catalysts.
Request For Free Price Quotation: www.marketresearchstore.com/requestquote?reportid=38072
Catalyst regeneration market can be segmented such as on-site and off-site. Catalyst regeneration process can be carried out at both on-site and off-site. Off-site catalyst regeneration dominated the market with around two-third shares of the total market in 2014. Off-site catalytic regeneration is also expected to advance at the quick pace as compared to on-site catalytic regeneration market.
Petroleum refining, chemical synthesis, polymer and environmental are key application markets for catalyst regeneration. Petroleum refining segment dominated the catalyst regeneration market with over 75% share of the market in 2014. However, the environmental segment is expected to witness rapid growth between 2015 and 2020.
Browse the full report at www.marketresearchstore.com/report/catalyst-regeneration-market-z38072
Asia Pacific was leading the catalyst regeneration market in 2014. Asia Pacific accounted for over 30% share of the total revenue generated by the global catalysts regeneration market in 2014. The growth of catalysts regeneration in the region is mainly propelled by China and Japan. North America, Europe, Latin America and Middle East & Africa are also expected to exhibit moderate growth during the forecast period.
Some of the key players in the Global catalyst regeneration market include Haldor Topsoe, Eurecat U.S. Inc., TriCAT GmbH Catalyst Services, Johnson Matthey PLC, STEAG Energy Services, LLC, Albemarle Corporation, CoaLogix, Inc., Axens S.A., BASF SE, Porocel Adsorbents and Bayer Technology Services GmbH.
This report segments the global catalysts regeneration market as follows:
Technology Segment Analysis: On-site, Off-site
Application Segment Analysis: Petroleum Refining, Chemical Synthesis, Polymer, Environmental
Regional Segment Analysis: North America (US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India), Latin America(Brazil), Middle East and Africa
Visit Our Blog: marketresearchstore2017.wordpress.com
About Us: Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
3422 SW 15 Street, Suit #8138
Deerfield Beach, Florida 33442
Toll Free: +1-855-465-4651 (USA-CANADA)