SPECIAL REPORT: Global refining catalyst industry will achieve strong recovery by 2005

The world oil refining and catalyst industries from 1997-2001 were analyzed to establish future trends in catalyst spending.Global spending on refining catalysts will increase to about $2.78 billion by 2005, with a growth rate of about 4.9%/year. Hydrotreating, FCC, and hydrocracking catalyst markets will increase 5.7%/year, 3.3%/year, and 22.8%/year, respectively, while the naphtha reforming catalyst market will remain flat.Refining processing capacity will increase to about 95.4 million b/d (4.3%/year) by 2005. The main catalytic processes will experience growth rates of about: 5.8%/year for hydrotreating, 2.6%/year for FCC; 17.4%/year for hydrocracking; and 2.3%/year for naphtha reform...

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