July 13th,2022/IndustryNewsGlobal/ -- This new report from Stratview Research analyses the Refinery Catalyst Market over the trend period from 2015 to 2020 and forecast period from 2021 to 2026. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Refinery Catalyst Market Overview:
The sudden outbreak of the COVID-19 has led to unforeseen fluctuations across many industries and the Refinery Catalyst Market is no different. Derived from the previous market scenario, the Refinery Catalyst Market is likely to witness a CAGR of more than 4% during the forecast period.
Key Players:
The Refinery Catalyst Market is segmented by–
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Regional analysis:
In terms of regions, Asia-Pacific is the dominant market for refinery catalyst and is expected to maintain its vanguard during the forecast period. The region accounted for the largest share of the refinery catalyst market in 2020, and is expected to be the fastest-growing market over the next five years. China and India are the growth engines of the region. With the refinery upgrades and capacity expansions in India and China, the region is expected to experience the fastest growth over the forecast period.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
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The refinery catalyst market is expected to witness an impressive growth of more than 4% CAGR in the foreseeable future.
The FCC segment is expected to remain dominant application type in the refinery catalyst market during the next five years.