According to IMARC Group’s latest report, titled "Hydrodesulfurization Catalysts Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global market grew at a CAGR of around 4% during 2016-2021. Hydrodesulfurization or HDS is a chemical process that is used to remove saturated sulfur dioxide (SO2) from raw petroleum products, such as natural gas and crude oil. HDS assists in enhancing the efficiency of these products and also reducing combustion by the products. The chemical relies on the promoter, support type, organic-inorganic additive, active component, metal-support interaction, pH of the impregnation solution, and slab length-stack number.

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The hydrodesulfurization catalysts market is primarily driven by the stringent government regulations on the fuel emissions of aircraft, automobiles, ships, and railroad locomotives. Apart from this, the rising sales of automobiles and the increasing demand of HDS in oil-burning power plants and industrial and residential furnaces are other factors contributing to the market growth. Other factors, such as the extensive research and development (R&D) activities, rising environmental concerns, and rapid advancements in internal combustion engines (ICEs), are factors creating a positive outlook for the market. Looking forward, IMARC Group expects the global hydrodesulfurization catalysts market to continue its moderate growth during 2021-2026.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive Landscape with Key Players:

  • Advanced Refining Technologies LLC
  • Albemarle Corporation
  • Axens
  • China National Petroleum Corporation
  • China Petroleum & Chemical Corporation (China Petrochemical Corporation)
  • Haldor Topsoe A/S
  • Honeywell International Inc.
  • JGC C&C
  • Johnson Matthey Plc
  • Royal Dutch Shell PLC.

Key Market Segmentation:

Breakup by Type:

  • Metal
  • Oxides
  • Sulfides
  • Others

Breakup by Application:

  • Diesel
  • Naphtha
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

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Key highlights of the report:                                                    

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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