OGJ FOCUS: Refining catalyst market begins to recover in 2010

The global refining catalyst market 2010-13 shows signs of recovering, based on an analysis of the world's oil refining operations 1999-2009 that established future trends in catalyst spending.Refining catalyst demand will continue to increase moderately 2010-13 as the global recession winds out and energy prices remain soft. Global spending on refining catalysts will increase to about $3.13 billion by 2013, a rate of about 2%/year.Hydrotreating, catalytic cracking, hydrocracking, and naphtha reforming catalyst markets will increase to $1.066 billion (2.36%/year), $907 million (0.71%/year), $251 million (6.22%/year), and $149 million (1%/year), respectively.World crude distillation capaci...

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