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Alkylation Catalysts Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_35513 | Date : Jan, 2023 | Pages : 168 | Region : Global

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Alkylation is the transfer of an alkyl group from one molecule to another. Alkylation of isobutane with olefins in the petroleum is an important industrial process to improve the octane number. As the most usually liquid acid catalysts, concentrated sulfuric acid (H2SO4) and hydrofluoric acid (HF) have potential environmental problem especially for the HF alkylation process.
Alkylation is used by the petroleum refining industry to produce a high-octane gasoline blendstock. Current industrial alkylation processes catalyze the reaction with concentrated liquid mineral acids, either hydrofluoric (HF) or sulfuric acids (H2SO4), which pose serious safety and environmental risks. Solid acid catalysts are the new type of alkylation catalysts which could replace liquid acids and eliminate many safety and environmental concerns.
Global zeolite alkylation catalysts industry is gradually growing. The production of zeolite alkylation catalysts increased from 752 MT in 2011 to 1524 MT in 2015, with an average growth rate of 21.75%. Because of the high technology barrier, only four companies are able to manufacture zeolite alkylation catalysts in the world. Sinopec is the largest manufacturer in this market with 548 MT production in 2015. Followed by CRI with 400 MT, Albemarle with 349 MT and BASF with 227 MT. Among them, Albemarle production started from 2015.
Europe, North America and China are the major consumption areas of alkylation catalysts. 1973 MT alkylation catalysts was consumed in 2015. China consumption took about 47.44%, North America took for 43.83%, while Europe consumed 133 MT and accounting for 8.73 percent of the global alkylation catalysts production. Alkylation solid catalysts are mainly used in the aromatic alkylation processes and isobutane-olefin alkylation. The former is already commercial while solid catalysts used in the latter is still in the early stage. In 2015, 64.27% alkylation catalysts are consumed in the production of ethylbenzene & cumene. Ethylbenzene is an important raw material of styrene. 14.08 percent are consumed in the production of alkylate.

The Global Alkylation Catalysts Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Alkylation Catalysts Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Albemarle
BASF SE (Germany)
CRI
Sinopec
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

H2SO4
HF
In Market segmentation by applications :

Alkylate Production
Ethylbenzene & Cumene Production
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Alkylation Catalysts Market for the forecast period 2023 - 2030?
• What are the driving forces in the Alkylation Catalysts Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Alkylation Catalysts industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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