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.
According to this study, over the next five years the Refinery Process Additives market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 1710 million by 2024, from US$ 1400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Refinery Process Additives business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Refinery Process Additives market by product type, application, key manufacturers and key regions and countries.
This study considers the Refinery Process Additives value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
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
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Crude Oil Processing
Fluid Catalytic Cracking
Hydroprocessing
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Refinery Process Additives consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Refinery Process Additives market by identifying its various subsegments.
Focuses on the key global Refinery Process Additives manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Refinery Process Additives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Refinery Process Additives submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Refinery Process Additives . Industry analysis & Market Report on Refinery Process Additives is a syndicated market report, published as Global Refinery Process Additives Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Refinery Process Additives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.