Catalyst regeneration is the process
used for producing aromatic hydrocarbons which are used as motor fuel. This
process is mostly used by petroleum and petrochemical industries to convert
paraffins and naphthenes into aromatics. With the increasing need for sulfur
free clean fuel, regenerated catalyst usage is increasing. Global consumption
of regenerated catalyst has reached around 1,200 kilo tons per year.
Regeneration and recycling of catalysts will help petroleum refiners, chemical
producers, power plant operators, and crude oil refineries in cost optimization
and meet the international need for cleaner products. Protecting the
environment and meeting energy needs are the two important applications of the
catalyst regeneration technology.
The global catalyst regeneration
market is growing steadily since the last few years. Around 60% of the catalyst
regeneration market is captured by off-site regeneration. It is projected that
in the future, the growth of the catalyst regeneration market will depend more
on off-site catalyst regeneration rather than on on-site methods. The reason
for the growth of the regenerated catalyst market is that it is approximately
40% frugal than new catalysts, the lead time is in weeks, there is no burden of
land-filling, and 66% less CO2 is required than in a new catalyst.
Some of the major factors driving
the growth of catalyst regeneration market are environmental regulation to
reduce the chemical waste produced from manufacturing processes, rising cost of
metal actives, and the tight supply and demand curve. The market share of the
regenerated catalyst market will keep growing in terms of volume because of
increase in the cost of raw material but, nevertheless, value-wise the market
share of fresh catalysts would be greater because of the high price of newly
innovated high performing fresh catalysts.
Some of the major factors
restraining the market growth are the use of renewable feedstock and low grade
coal or heavy oil from the streams that include catalyst poison which could
permanently damage catalyst active sites where the regeneration becomes
unsuccessful.
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Some of the market players in this
industry include, Eurecat U.S. Inc., Porocel Adsorbents, Catalysts &
Services, TriCAT GmbH Catalyst Service, CoaLogix, STEAG Energy Services, Haldor
Topsoe, Albemarle, Ebinger and Johnson Matthey, BASF, Bayer Technology Services
GmbH, Catalysts And Chemicals Industries Co. Ltd., Catalytic Combustion Corp.,
Catalytica Energy Systems, Catalyst Regeneration Services and others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends.
Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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Reasons for Buying this Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological
growth map over time to understand the industry growth rate
- It provides a seven-year
forecast assessed on the basis of how the market is predicted to
grow
- It helps in understanding the
key product segments and their future
- It provides pin point analysis
of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed
business decisions by having complete insights of market and by making
in-depth analysis of market segments
- It provides distinctive graphics
and exemplified SWOT analysis of major market segments
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Ethanolamines (ETA) are a group of
compounds such as carbinoxamine, clemastine, dimenhydrinate, diphenhydramine,
and doxylamine that act both as primary amines as well as primary alcohols
since they comprise of a hydroxyl group in their chemical structure. ETA are
corrosive, colorless, flammable, viscous, and toxic liquids used in solutions
and dispersions to scrub acids, as feedstock material in the manufacture of
detergents, emulsification agents, varnishes & polishes, and as other
chemical intermediaries.
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