According to IMARC Group’s latest report, titled "Hydrodesulfurization Catalysts Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global hydrodesulfurization catalysts market is expected to exhibit a CAGR of 4.5% during 2022-2027.
What is Hydrodesulfurization (HDS)?
Hydrodesulfurization or HDS is a chemical process that is used to remove saturated sulfur dioxide (SO2) from raw petroleum products, such as natural gas and crude oil. HDS assists in enhancing the efficiency of these products and also reducing combustion by the products. The chemical relies on the promoter, support type, organic-inorganic additive, active component, metal-support interaction, pH of the impregnation solution, and slab length-stack number.
Hydrodesulfurization Catalysts Market Trends:
The hydrodesulfurization catalysts market is primarily driven by the stringent government regulations on the fuel emissions of aircraft, automobiles, ships, and railroad locomotives. Apart from this, the rising sales of automobiles and the increasing demand of HDS in oil-burning power plants and industrial and residential furnaces are other factors contributing to the market growth. Other factors, such as the extensive research and development (RD) activities, rising environmental concerns, and rapid advancements in internal combustion engines (ICEs), are factors creating a positive outlook for the market.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
What is the Structure of the Global Hydrodesulfurization Catalysts Market and Who Are the Key Players?
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Advanced Refining Technologies LLC
- Albemarle Corporation
- Axens
- China National Petroleum Corporation
- China Petroleum Chemical Corporation (China Petrochemical Corporation)
- Haldor Topsoe A/S
- Honeywell International Inc.
- JGC CC
- Johnson Matthey Plc
- Royal Dutch Shell PLC.
Key Market Segmentation:
The report has categorized the market based on type and application.
Breakup by Type:
- Metal
- Oxides
- Sulfides
- Others
Breakup by Application:
- Diesel
- Naphtha
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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