Refinery Catalyst Market Size – By Type By Material, Material Analysis, Share, Growth Forecast, 2024 - 2032

Major players in the industry include Albemarle Corporation, Axens, Axalta Coating Systems, BASF, China Petroleum & Chemical Corporation, Clariant, Dorf-Ketal Chemicals, Exxon Mobil Corporation, Haldor Topsoe, and Honeywell.

The U.S. market was valued at USD 1.6 billion in 2023, driven by its extensive refining capacity and advanced technology infrastructure.

Reforming & isomerization catalysts generated USD 2 billion in revenue in 2023 and are expected to reach USD 2.6 billion by 2032, driven by their critical role in enhancing fuel quality and optimizing production processes.

The global market size for refinery catalyst was valued at USD 5.4 billion in 2023 and is expected to reach USD 7.1 billion by 2032, driven by a CAGR of over 3.1% from 2024 to 2032.