PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1749636
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1749636
Refinery Process Chemicals Market Introduction and Overview
According to SPER market research, 'Global Refinery Process Chemicals Market Size- By Type, By Application, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Refinery Process Chemicals Market is predicted to reach 7.93 Billion by 2034 with a CAGR 4.67%.
Refinery process chemicals are specialized substances employed at different stages of the refining process to optimize petroleum product production, enhance efficiency, minimize environmental impact, and ensure compliance with regulatory standards. These chemicals are vital for improving processes such as crude oil distillation, catalytic cracking, hydrotreating, and alkylation. Key refinery process chemicals include catalysts, corrosion inhibitors, anti-fouling agents, demulsifiers, and pH adjusters, all of which play essential roles in boosting the yield and quality of refined products like gasoline, diesel, and jet fuel.
Restraints: High initial investment costs present a significant challenge in the refinery process chemicals industry. The development and implementation of advanced chemical additives require substantial upfront capital, covering research and development, equipment procurement, and installation. The complexity of refining processes and the need for tailored solutions further increase these costs. These high expenses may deter smaller refineries from adopting innovative chemicals, restricting market growth.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Type, By Application, By End Use -
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
BASF SE, Berry Chemicals, Buckman, Cestoil, Chemiphase, Chevron Phillips Chemical Company LLC, Clariant AG, Dow, Exxon Mobil, Lubrizol, Others.
Global Refinery Process Chemicals Market Segmentation:
By Type: Based on the Type, Global Refinery Process Chemicals Market is segmented as; Catalyst, PH Adjustors, Anti-fouling Agents, Corrosion Inhibitors, Demulsifiers.
By Application: Based on the Application, Global Refinery Process Chemicals Market is segmented as; Crude Oil Distillation, Hydrotreating, Catalytic Cracking, Alkylation, Isomerization.
By End-use: Based on the End-use, Global Refinery Process Chemicals Market is segmented as; Petroleum Refineries, Petrochemical Plants, Chemical Processing Facilities, Oil & Gas Exploration Companies, Others.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.
1.1. Scope of the report
1.2. Market segment analysis
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER's internal database
2.1.4. Premium insight from KOL's
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER's Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6.1. Global Refinery Process Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Refinery Process Chemicals Market
7.1. Catalyst
7.2. PH Adjustors
7.3. Anti-fouling Agents
7.4. Corrosion Inhibitors
7.5. Demulsifiers
8.1. Crude Oil Distillation
8.2. Hydrotreating
8.3. Catalytic Cracking
8.4. Alkylation
8.5. Isomerization
9.1. Petroleum Refineries
9.2. Petrochemical Plants
9.3. Chemical Processing Facilities
9.4. Oil & Gas Exploration Companies
9.5. Others
10.1. Global Refinery Process Chemicals Market Size and Market Share
11.1. Asia-Pacific
11.1.1. Australia
11.1.2. China
11.1.3. India
11.1.4. Japan
11.1.5. South Korea
11.1.6. Rest of Asia-Pacific
11.2. Europe
11.2.1. France
11.2.2. Germany
11.2.3. Italy
11.2.4. Spain
11.2.5. United Kingdom
11.2.6. Rest of Europe
11.3. Middle East and Africa
11.3.1. Kingdom of Saudi Arabia
11.3.2. United Arab Emirates
11.3.3. Qatar
11.3.4. South Africa
11.3.5. Egypt
11.3.6. Morocco
11.3.7. Nigeria
11.3.8. Rest of Middle-East and Africa
11.4. North America
11.4.1. Canada
11.4.2. Mexico
11.4.3. United States
11.5. Latin America
11.5.1. Argentina
11.5.2. Brazil
11.5.3. Rest of Latin America
12.1. BASF SE
12.1.1. Company details
12.1.2. Financial outlook
12.1.3. Product summary
12.1.4. Recent developments
12.2. Berry Chemicals
12.2.1. Company details
12.2.2. Financial outlook
12.2.3. Product summary
12.2.4. Recent developments
12.3. Buckman
12.3.1. Company details
12.3.2. Financial outlook
12.3.3. Product summary
12.3.4. Recent developments
12.4. Cestoil
12.4.1. Company details
12.4.2. Financial outlook
12.4.3. Product summary
12.4.4. Recent developments
12.5. Chemiphase
12.5.1. Company details
12.5.2. Financial outlook
12.5.3. Product summary
12.5.4. Recent developments
12.6. Chevron Phillips Chemical Company LLC
12.6.1. Company details
12.6.2. Financial outlook
12.6.3. Product summary
12.6.4. Recent developments
12.7. Clariant AG
12.7.1. Company details
12.7.2. Financial outlook
12.7.3. Product summary
12.7.4. Recent developments
12.8. Dow
12.8.1. Company details
12.8.2. Financial outlook
12.8.3. Product summary
12.8.4. Recent developments
12.9. Exxon Mobil
12.9.1. Company details
12.9.2. Financial outlook
12.9.3. Product summary
12.9.4. Recent developments
12.10. Lubrizol
12.10.1. Company details
12.10.2. Financial outlook
12.10.3. Product summary
12.10.4. Recent developments
12.11. Others