Refinery Catalysts Market Size, Share & Trends Analysis growing at a CAGR of 4.3% from 2025 to 2030

Key Market Trends & Insights:

• Asia Pacific dominated the refinery catalysts market with the largest revenue share of 34.10% in 2024.
• The refinery catalysts market in China accounted for the largest market revenue share in Asia Pacific in 2024.
• By product, the zeolite segment led the market with the largest revenue share of 32.8% in 2024 and is expected to continue to dominate the industry over the forecast period.
• By application, the FCC catalysts segment led the market with the largest revenue share of 45.1% in 2024.

Market Size & Forecast

• 2024 Market Size: USD 8242.3 Million
• 2030 Projected Market Size: USD 10,662.7 Million
• CAGR (2025-2030): 4.3%
• Asia Pacific: Largest market in 2024

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Stringent regulations coupled with increasing demand for petroleum and petroleum-derived products/chemicals are likely to steer market growth. Refinery catalysts are used in the petroleum refining industry to enhance the operational efficiency of petroleum.

In addition, the increasing demand for high-octane fuel, particularly in countries such as the U.S., Japan, Germany, the UK, and India, due to stringent regulations, is expected to positively influence the growth of the market for refinery catalysts positively. Furthermore, the shift towards renewable energy sources has prompted oil refineries to optimize their operations and improve their efficiency, leading to an increased demand for advanced refinery catalysts. The market is also expected to benefit from the growing adoption of new and advanced technologies in the refining industry, which require specialized catalysts to ensure optimal performance.

Refinery catalysts are widely used to counter issues such as metal contamination and heat balance effects in tight oil processing. Increasing tight oil production in the U.S., Russia, China, and Argentina is expected to drive market growth over the forecast period. Stringent government regulations, including those related to Ultra-Low Sulfur Diesel (ULSD) and strict emission standards in mature economies, are anticipated to remain the major factors steering demand for refinery catalysts in the petroleum refining sector. The availability of alternative fuels such as biofuel, coupled with the adoption of “Go Green” campaigns and environmental policies by several nations, is expected to restrain the market growth for refinery catalysts.

Refinery Catalysts Market Report Scope