Refinery Process Additives Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
316961 | Date :
Nov, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Refinery Process Additives market including various factors related to and dependent influencing the market growth.
Refinery Process Additives market. Refinery process additives (RPA) are the chemicals used to enhance the performance of fuel by meeting the fuel specifications setup by government authorities. These additives are added at the time of refinery process as well as can be used to recuperate the performance of particular end product specification such as diesel or gasoline. The Refinery Process Additives products are used in various refinery processes such as distillation process, reformer system, cracker, coker, filling plant process, catalytic reforming, desulfurization, vacuum distillation and so on. These products are only used by oil and gas industry.
Refinery process additives can be classified based on application process. Primary process refers to crude oil processing, which are mainly atmospheric distillation and vacuum distillation. Distillation processes can be classified as fluid catalytic cracking(FCC), Hydroprocessing etc. in terms reaction type. Crude Oil Processing is the largest application of refinery process additives, with market share of 60.01% in 2016. Main types of refinery process additives used in the sector are scale inhibitors, antifoams, corrosion inhibitors. In FCC process, additives are mainly for product distribution improvement and product quality improvement.
Refinery process additives market is a fragmented industry with a tail of manufactures from transnational players to small private companies. The leading producers of refinery process additives used in crude oil processing in the worldwide are BASF, Nalco Company, GE Water, Cestoil, and Dorf Ketal Chemicals which takes a combined share of 34.11% in 2016. For FCC additive market, the leading suppliers are BASF, Albemarle, Grace Catalysts Technologies and Johnson Matthey (Interact), which are also the largest suppliers of FCC catalyst in the worldwide. The largest sales area of refinery process additives is Europe. North America and China are also major market of refinery process additives.
Global Refinery Process Additives market size will increase to 1840 Million US$ by 2030, from 1400 Million US$ in 2020, at a CAGR of 4.0% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Refinery Process Additives.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Refinery Process Additives market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Refinery Process Additives market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Refinery Process Additives market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Refinery Process Additives Market: The major competitors working in the market are:
, Nalco Company, GE Water, Cestoil, Dorf Ketal Chemicals, Clariant, Arkema, Baker Hughes, Albemarle, Grace Catalysts Technologies, Johnson Matthey (Interact), Evonik Industries, Dow, Sinopec, CNPC, GPXC, Jiangsu Taihu New Materials, Xingyun Chem
Market by Order Type
Product Quality Improvement Additives
Environmental Protection Additives
Extend Operating Cycle and Reduce Energy Consumption Additives
Raw Oil Quality & Catalytic Activity Improvement Additives
Product Distribution Improvement Additives
Refinery Process Additives Data by Application
Crude Oil Processing
Fluid Catalytic Cracking
Hydroprocessing
Other
Refinery Process Additives Production Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Refinery Process Additives market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Refinery Process Additives Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Refinery Process Additives market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Refinery Process Additives market size and their forecasts
To provide strategic profiles of the key players operating in the Refinery Process Additives market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Refinery Process Additives market
Target Audiences for Refinery Process Additives Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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