Hydrodesulfurization Catalysts Market – Overview

Hydrodesulfurization, one of the most critical market processes in the oil refining industry, is a catalytic chemical process used to reduce pollutants in the fraction of petroleum distillates. Hence, the market is gaining significant momentum during the continuous period. It is widely used to remove sulfur from natural gas and refined petroleum products such as gasoline, diesel fuel, jet fuel, kerosene, and fuel oils.

The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over 4% during the forecast period, 2020–2028, with the North American region being the leading regional market.

The purpose of removing the sulfur from these fuel oils and natural gas is to reduce the sulfur dioxide emissions resulting from several combustions. In the catalytic reforming units, sulfur removal is essential as it can poison noble metal catalysts such as rhenium and platinum, even at low concentrations. These are subsequently used to upgrade the octane rating of the naphtha streams. Damage to these precious metal catalysts can severely impact the process and high costs.

The government bodies globally are concerned about the rising emission of harmful gases in the atmosphere due to the combustion of hydrocarbons, leading to alarming air pollution problems. However, with the continual use of hydrocarbons as the primary energy source, pollutants such asSOx, CO, NOx, and hints of some heavy elements are generated by the combustion of fuels.

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Countries have made stringent environmental regulations considering this to decrease the amount of air pollutant emissions. Legislations have been issued worldwide to reduce the amount of sulfur content in transport fuels close to zero sulfur ppm (ultralow sulfur fuels). In the US, as a part of the North American region, the Clean Air Act (Tier 3) by the US Environmental Protection Agency (EPA) is focused on controlling the sulfur contents of gasoline and diesel fuels below ten ppm. The Kyoto Protocol, as a prominent environmental regulation regulates the emission of CO2 by the petroleum refinery.

Market Segmentation

The hydrodesulfurization catalysts market has been segmented on the following basis:

By Application

• Diesel
• Naphtha
• Natural Gas
• Others

By Region

• The geographical overview of the Hydrodesulfurization Catalysts Market has been conducted in five major regions: North American, Asia-Pacific, Europe, Latin America, and the Middle East Africa.

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Regional Analysis

The North American Hydrodesulfurization Catalysts Market had over 32% of the global market in 2020 due to stringent regulations over emissions from vehicles and industrial outputs. Moreover, the increasing concerns over human health and safety due to air pollution is the other key factor driving the market growth.

The Asia-Pacific Hydrodesulfurization Catalysts Market is segmented into prominent regions China, Japan, India, South Korea, Australia New Zealand, and other countries. The Chinese region is the leading country-level market, while India is expected to be the fastest-growing market.

Industry News

The countries in the Middle East and African regions such as Saudi Arabia, Iran, and UAE are focused on growing their refinery capacity, which is expected to generate lucrative opportunities for the manufacturers in this region. The rising investments and the research and development activities will be helpful for the market expansion.

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