Catalyst Handling Services Market by Service Type (Loading/Unloading, Screening, Transport), End-use Industry (Petroleum Refining, Petrochemical), Region (North America, APAC, Europe, Middle East & Africa, South America) - Global Forecast to 2025
Updated on : March 27, 2023
Catalyst Handling Services Market
The global catalyst handling services market was valued at USD 510 million in 2020 and is projected to reach USD 620 million by 2025, growing at a cagr 4.0% from 2020 to 2025. The growing demand for catalyst handling services is due increasing owing to the growth in industrial activities. Increasing consumption of petrochemical products is also driving the market. In addition, increasing industrial base in countries such as China, India, South Korea, Australia, Brazil, Argentina, and others is driving the market growth.
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COVID-19 impact on Global Catalyst Handling Services Market
The catalyst handling services are used mainly in the oil & gas and chemical sectors. COVID-19 has severely impacted this industry.
- Catalyst handling services are used in end-use industries such as petroleum refining, chemicals & fertilizers, petrochemical, and other heavy industrial processing industries. Due to the ongoing pandemic, industrial production has been severely affected throughout the world. Workforce shortage, logistical restrictions, material unavailability, and other restrictions have drastically slowed the growth of the industry.
- COVID-19 has led the industrial and manufacturing sectors into an unknown operating environment globally. Government restrictions on the number of people that can gather at one place have severely impacted operations in these sectors. The global economy is contracting due to the pandemic. The pandemic has also reduced global demand for oil by about 29 million barrels a day. The impact of COVID-19 on all industries will continue till the pandemic lasts. Factors such as loss in investments, liquidity shortage, labour shortage, supply chain constraints, and the overall global economic uncertainty are all severely affecting the industrial sector.
- In last few months, many countries, including India, China, and the US, have opened the economy, and industrial activities have resumed but with limited workforce and materials. Chemical, fertilizers, and petrochemical manufacturers have also experienced a negative impact of COVID-19 on sales volume in the first and second quarters of 2020. Major players in the market are mitigating the risk through a strong focus on the reduction of expenses, local management, and new market opportunities to recover in a post pandemic scenario.
Catalyst Handling Services Market Dynamics
Driver: High growth scenario in petrochemical industry
Petrochemical products have become an integral part of the modern society. Petrochemical products are used to manufacture plastics, packaging materials, clothing, digital devices, medical equipment, detergents, fertilizers, tires, and others. The use of petrochemicals to manufacture different elements of the modern energy system, including solar panels, wind turbine blades, batteries, thermal insulation for buildings, and electric vehicle parts is also expected to have a positive impact on the demand. Around the world, huge amount of plastic waste can be observed having major environmental impact, which can hamper the demand for petrochemical products. However, the rapidly increasing recycling of plastic wastes and reduced reliance on single-use plastics other than for essential non-substitutable functions, are expected to minimize the environmental impact of plastics and, thereby, sustain the consumption of petrochemical products.
Restrain: Increasing demand for electric vehicles
The global battery electric vehicle (BEV) market has grown rapidly. Factors such as rising concerns over global warming and air pollution and the federal and state government support to reduce air pollution are increasing the demand for electric vehicle. The usage of these vehicles is growing and is expected to make a sizable part of the overall vehicle production by 2025. This growing demand for BEVs has an impact on the consumption of fuels such as gasoline and diesel and thereby restrain the market growth.
Opportunity: Increasing demand for biofuel
The exponential growth of the global population, coupled with the high standard of living, has resulted in a rapid increase in energy consumption. The threat of climate change is impacting every industry and has become an economic, environmental, and health problem. One of the most effective ways that we can truly tackle climate change is to commit fully to decarbonisation. Biofuels are an excellent source of energy and widely seen as a potential substitute for fossil fuels. They are prepared from renewable sources such as plants, municipal wastes, agricultural crops, and agricultural and forestry by-products. The production of renewable & biodegradable fuels is expected to change the nature of feedstocks of refineries. These feedstocks will need higher levels of pre-treatment, thereby potentially increasing the frequency of catalyst change-out and hence drive the catakyst handling services market.
Challenge: Decreasing demand of crude oil due to COVID-19
The outbreak of the COVID-19 pandemic and the plunging demand caused due to worldwide lockdown forced many major refiners to shut down their operations. The Anonima Petroli Italiana (API;Italy) temporarily closed all operations at its Ancona refinery. In Asia, India’s top refiners such as Reliance Industries (India), and Indian Oil Corporation (India) were forced to shut down their entire plants due to lack of manpower and demand. The shutdown and closure activities have a direct impact on the catalyst handling services market. Based on the market conditions these plants have stated full or partial operation, however the impact of COVID-19 is expected to have medium term impact.
The loading/unloading segment is estimated to be the fastest growing in the overall catalyst handling services market in 2020
Catalyst loading is the process of transferring the catalyst from ground level to inside the reactor. Catalyst unloading is a process where the spent catalysts are unloaded through proper operating procedures such as checking hot spots, build up coke formation, and checking for contamination. Necessary requirement of this service type in reactor cleaning and increasing operational efficiency is driving the market growth.
Based on end-use industry, petroleum refining is expected to be the largest catalyst handling services consuming sector in 2020
Petroleum refining is the largest market owing to the increasing demand for polymer based materials, liquid fuels and others in sectors such as automotive, construction, food & beverage, aerospace, and so on. Petrochemical products have become an integral part of the modern society. Petrochemical products are used to manufacture plastics, packaging materials, clothing, digital devices, medical equipment, detergents, fertilizers, tires, and others. Also, the growing demand for catalyst handling services to ensure the highest levels of safety and efficiency while charging and discharging reactors and for using specific techniques to handle pyrophoric catalysts are responsible for high market numbers.
APAC is projected to be the fastest growing catalyst handling services market during the forecast period.
APAC consists of major developing nations, such as China, Singapore, Indonesia, Thialns, South Korea, and India, and therefore, the scope for development for most of the industries is considerable. The region is the fastest-growing market for catalyst handling services. The growth of the market in the region is attributed to the presence of emerging countries, and their high economic growth rate, the rise in infrastructure and industrial projects, and increasing urbanization. Moreover, the availability of low-cost raw materials and labor, coupled with siginificant domestic market demand, makes APAC an attractive investment destination for refining, chemical, and petrochemical industry players.
Catalyst Handling Services Market Players
The key players in the catalyst handling services market include Mourik (Netherlands), Anabeeb (Saudi Arabia), Dickinson Group of Companies (South Africa), CR Asia (Thailand), Catalyst Handling Resources (US), Technivac (UK), Cat Tech (UK), Buchen-ics (Germany), and Kanooz Industrial Services (Saudi Arabia). These players have established a strong foothold in the market by adopting strategies, such as new technology development and agreements.
Catalyst Handling Services Market Report Scope
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Report Metric |
Details |
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Years considered for the study |
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Base year |
2019 |
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Forecast period |
2020–2025 |
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Units considered |
Value (USD Thousand) |
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Segments |
Service type, End-use industry, and Region |
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Regions |
APAC, Europe, North America, South America, and Middle East & Africa. |
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Companies |
Total of 10 major players covered: |
This research report categorizes the catalyst handling services market based on service type, end-use industry, and region.
Based on service type:
- Catalyst loading/unloading
- Catalyst screening, segregation & storage
- Catalyst transport & handling
- Spent catalyst handling
- Others
Based on the end-use industry:
- Petroleum refining
- Chemical & fertilizer
- Petrochemical
- Others
Based on the region:
- APAC
- Europe
- North America
- Middle East & Africa
- South America
Recent Developments
- In November 2020, CR Asia started using hydraulic drum tipper which can lift up to four drums of various weights and sizes to deliver contents into loading hoppers or bulk bins safely and efficiently. This innovation has increased safety and reduced time by 20% compared to conventional methods of unloading drums. This innovation helps reduce manual handling, working at height, fatigue and is less reliant on forklifts and cranes.
- In April 2020, CR Asia made a group-wide collaboration agreement with Batrec (part of Veolia) in Switzerland for the disposal of mercury-containing wastes, particularly spent mercury removal adsorbents and mercury-laden sludge.
- In February 2019, Mourik launched M-Lance technology. This technology helps automate the unloading process, resulting in a safer work environment, and a more efficient and predictable tubular catalyst change-out.
Frequently Asked Questions (FAQs)
1. What is the current size of the global catalyst handling services market?
? Global catalyst handling services market size is estimated to reach USD 620 million by 2025 from USD 510 million in 2020, at a CAGR of 4.0% during the forecast period.
2. Are there any regulations for catalyst handling services?
? Several countries in Europe and North America have introduced regulations regarding safety of personnel involved in the operations. Hence, further technological research is being conducted to better the operational efficiency of the process.
3. Who are the winners in the global catalyst handling services market?
? Companies such as Mourik, Anabeeb , Dickinson Group of Companies, CR Asia, Cat Tech, and Technivac fall under the winner’s category. These companies cater to the requirements of their customers by providing customized services. Such advantages give these companies an edge over other companies.
4. What is the COVID-19 impact on catalyst handling services manufacturers?
? Industry experts believe that COVID-19 could affect industrial activities globally. In the US, the economy is expected to witness a decline of 4.3% in 2020, eventually recovering in 2021. Overall, GDP is expected to shrink by 4.4%, as per the International Monetary Fund (IMF). However, the demand is expected to rise post-pandemic, owing to measures including flexibilization, resizing, operational excellence, digitization, and investments in R&D.
5. What are some of the drivers in the market?
? The increasing demand for petrochemical products such as plastics, packaging materials, clothing, digital devices, medical equipment, detergents, fertilizers, tires, and others in developing economies such as China, India, Brazil, Indonesia, and others is driving the market.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 18)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 INCLUSIONS & EXCLUSIONS
TABLE 1 CATALYST HANDLING SERVICES MARKET: INCLUSIONS & EXCLUSIONS
1.4 MARKET SCOPE
1.4.1 CATALYST HANDLING SERVICES MARKET SEGMENTATION
1.4.2 REGIONS COVERED
1.4.3 YEARS CONSIDERED FOR THE STUDY
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 22)
2.1 RESEARCH DATA
FIGURE 1 CATALYST HANDLING SERVICES MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primary interviews
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
FIGURE 2 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 4 CATALYST HANDLING SERVICES MARKET: DATA TRIANGULATION
2.3.1 CATALYST HANDLING SERVICES MARKET ANALYSIS THROUGH PRIMARY INTERVIEWS
FIGURE 5 CATALYST HANDLING SERVICES MARKET ANALYSIS THROUGH SECONDARY SOURCES
FIGURE 6 CATALYST HANDLING SERVICES MARKET ANALYSIS
2.4 ASSUMPTIONS
2.5 LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 31)
FIGURE 7 CATALYST LOADING/UNLOADING SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2019
FIGURE 8 PETROLEUM REFINING SEGMENT ACCOUNTED FOR LARGEST SHARE IN 2019
FIGURE 9 APAC WAS THE LARGEST CATALYST HANDLING SERVICES MARKET IN 2019
4 PREMIUM INSIGHTS (Page No. - 34)
4.1 SIGNIFICANT OPPORTUNITIES IN CATALYST HANDLING SERVICES MARKET
FIGURE 10 HIGH GROWTH TRENDS ACROSS DOWNSTREAM SECTOR TO DRIVE THE CATALYST HANDLING SERVICES MARKET
4.2 APAC: CATALYST HANDLING SERVICES MARKET, BY END-USE INDUSTRY AND COUNTRY, 2019
FIGURE 11 CHINA AND PETROLEUM REFINING SEGMENT ACCOUNTED FOR LARGEST SHARES
4.3 CATALYST HANDLING SERVICES MARKET, BY SERVICE TYPE
FIGURE 12 CATALYST LOADING/UNLOADING SEGMENT TO CAPTURE LARGEST SHARE DURING THE FORECAST PERIOD
4.4 CATALYST HANDLING SERVICES MARKET, BY END-USE INDUSTRY
FIGURE 13 PETROLEUM REFINING SEGMENT TO REGISTER HIGHEST GROWTH DURING THE FORECAST PERIOD
4.5 CATALYST HANDLING SERVICES MARKET, BY COUNTRY
FIGURE 14 INDIA TO REGISTER HIGHEST GROWTH DURING THE FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 37)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN CATALYST HANDLING SERVICES MARKET
5.2.1 DRIVERS
5.2.1.1 High growth scenario in the petrochemical industry
5.2.2 RESTRAINTS
5.2.2.1 Increasing demand for electric vehicles
5.2.2.2 Reduction in CAPEX and OPEX by end-use industry players
5.2.3 OPPORTUNITIES
5.2.3.1 Incorporation of automation and robotics in catalyst handling
5.2.3.2 Increasing demand for biofuel
5.2.4 CHALLENGES
5.2.4.1 Decreasing demand for crude oil due to COVID-19
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS OF CATALYST HANDLING SERVICES MARKET
5.3.1 THREAT OF NEW ENTRANTS
5.3.2 THREAT OF SUBSTITUTES
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 VALUE CHAIN OF CATALYST HANDLING SERVICES
FIGURE 17 OVERVIEW OF CATALYST HANDLING SERVICES VALUE CHAIN
5.4.1 RAW MATERIAL SUPPLIERS
5.4.2 CATALYST MANUFACTURERS
5.4.3 CATALYST HANDLING EQUIPMENT/TECHNOLOGY PROVIDERS
5.4.4 CATALYST HANDLING SERVICE PROVIDERS
5.4.5 END-USE INDUSTRIES
5.4.6 CATALYST RECYCLING AND METAL RECLAMATION
5.4.7 METAL INDUSTRY
5.5 TECHNOLOGY ANALYSIS
5.5.1 AUTOMATION
5.5.2 ROBOTICS
5.5.3 RENEWABLE FUEL TECHNOLOGY
5.6 ECOSYSTEM
FIGURE 18 CATALYST HANDLING SERVICES ECOSYSTEM
5.7 IMPACT OF COVID-19 ON CATALYST HANDLING SERVICES MARKET
5.7.1 COVID-19
5.7.2 CONFIRMED CASES AND DEATHS, BY GEOGRAPHY
FIGURE 19 COVID-19’S PACE OF GLOBAL PROPAGATION IS UNPRECEDENTED
5.7.3 IMPACT ON END-USE INDUSTRIES
5.7.4 CUSTOMER ANALYSIS
5.7.4.1 Shift in petroleum refining industry
5.7.4.2 Disruptions in the industry
5.7.4.3 Impact on customers’ output and strategies to improve production
5.7.4.4 Impact on customers’ revenues
FIGURE 20 REVENUE ANALYSIS FOR FIRST THREE QUARTERS, 2020
TABLE 2 Y-O-Y DECLINE IN REVENUE FOR FIRST THREE QUARTERS OF 2020 AND 2019
5.7.4.5 Customers’ most crucial regions
FIGURE 21 VOLATILITY IN OIL PRICES/OIL PRICE DEPRESSION, 2011–2020
5.7.4.6 Short-term strategies to manage cost structure and supply chains
TABLE 3 STRATEGIES UNDERTAKEN BY SOME MAJOR PETROLEUM REFINING COMPANIES
5.7.4.7 New market opportunities/growth opportunities
5.7.4.7.1 Measures taken by customers
5.7.4.7.2 Customers’ perspective on the growth outlook
TABLE 4 CAPEX REDUCTION/REVISION, BY SELECTED COMPANIES, 2020
FIGURE 22 CAPITAL EXPENDITURE REVISION OF SELECTED PETROLEUM REFINING COMPANIES
5.7.5 IMPACT OF COVID-19 ON KEY PLAYERS IN CATALYST HANDLING SERVICES MARKET
5.8 CASE STUDY ANALYSIS
5.8.1 USE OF M-LANCE TECHNOLOGY BY MOURIK IN PURIFIED ETHYLENE OXIDE (PEO) PLANT IN NORTH AMERICA
5.8.2 USE OF INDIGENOUSLY DEVELOPED DENSE LOADING TECHNOLOGY BY CAT TECH IN MAJOR REFINERIES ACROSS THE WORLD
5.9 PATENT ANALYSIS
5.9.1 METHODOLOGY
5.9.2 DOCUMENT TYPE
FIGURE 23 PATENTS REGISTERED IN LAST 5 YEARS (2015-2020)
FIGURE 24 PUBLICATION TRENDS - LAST 5 YEARS
5.9.3 INSIGHTS
5.9.4 JURISDICTION ANALYSIS
5.9.5 TOP APPLICANTS
FIGURE 25 ANALYSIS OF TOP APPLICANTS
TABLE 5 LIST OF SOME IMPORTANT PATENTS BY COMPANIES
5.1 REGULATORY LANDSCAPE
5.10.1 CONFINED SPACE ENTRY POLICIES
5.11 MACROECONOMIC INDICATORS
5.11.1 GLOBAL GDP TRENDS
TABLE 6 GDP PERCENTAGE CHANGE OF KEY COUNTRIES, 2018-2021
5.11.2 REFINERY THROUGHPUT TRENDS
TABLE 7 REFINERY THROUGHPUT IN KEY COUNTRIES, 2017-2019 (THOUSAND BARRELS PER DAY)
5.11.3 MINING TRENDS
TABLE 8 MINING TRENDS IN KEY COUNTRIES, 2018
6 CATALYST HANDLING SERVICES MARKET, BY SERVICE TYPE (Page No. - 74)
6.1 INTRODUCTION
FIGURE 26 CATALYST LOADING/UNLOADING HELD THE LARGEST MARKET SHARE IN 2019
TABLE 9 CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
6.2 CATALYST LOADING/UNLOADING
6.2.1 LARGEST SERVICE TYPE SEGMENT OF THE MARKET
6.3 CATALYST SCREENING, SEGREGATION & STORAGE
6.3.1 HELPS IN PROPER CATALYST FUNCTIONING
6.4 CATALYST TRANSPORT & HANDLING
6.4.1 INCREASED NEED FOR CRITICAL MATERIAL TRANSPORTATION TO PROPEL DEMAND
6.5 SPENT CATALYST HANDLING
6.5.1 HIGH GROWTH TRENDS ACROSS END-USE INDUSTRIES TO BOOST CONSUMPTION
6.6 OTHERS
7 CATALYST HANDLING SERVICES MARKET, BY END-USE INDUSTRY (Page No. - 78)
7.1 INTRODUCTION
FIGURE 27 PETROLEUM REFINING TO BE THE LARGEST END-USE INDUSTRY OF CATALYST HANDLING SERVICES
TABLE 10 CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
7.2 PETROLEUM REFINING
7.2.1 EXPANSION OF REFINERIES IN APAC AND THE MIDDLE EAST & AFRICA TO DRIVE DEMAND
7.3 CHEMICALS & FERTILIZERS
7.3.1 HUGE INVESTMENTS BY DOMESTIC AND FOREIGN PLAYERS TO DRIVE THE MARKET
7.4 PETROCHEMICAL
7.4.1 INTEGRATION OF DOWNSTREAM OPERATIONS TO PROPEL DEMAND
7.5 OTHERS
8 CATALYST HANDLING SERVICES MARKET, BY REGION (Page No. - 83)
8.1 INTRODUCTION
FIGURE 28 CATALYST HANDLING SERVICES MARKET IN INDIA TO REGISTER HIGHEST CAGR
TABLE 11 CATALYST HANDLING SERVICES MARKET SIZE, BY REGION, 2018–2025 (USD THOUSAND)
8.2 NORTH AMERICA
FIGURE 29 NORTH AMERICA: CATALYST HANDLING SERVICES MARKET SNAPSHOT
TABLE 12 NORTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 13 NORTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 14 NORTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.2.1 US
8.2.1.1 High growth of major end-use industries to drive the market
TABLE 15 US: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 16 US: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.2.2 CANADA
8.2.2.1 Diversified downstream sector boosting the market
TABLE 17 CANADA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 18 CANADA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.2.3 MEXICO
8.2.3.1 Government initiatives to favor market growth
TABLE 19 MEXICO: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 20 MEXICO: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3 APAC
FIGURE 30 APAC: CATALYST HANDLING SERVICES MARKET SNAPSHOT
TABLE 21 APAC: CATALYST HANDLING SERVICES MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 22 APAC: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 23 APAC: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.1 CHINA
8.3.1.1 China’s dominant position attributed to the presence of a huge industrial base
TABLE 24 CHINA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 25 CHINA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.2 JAPAN
8.3.2.1 Rising chemical exports to boost the demand for catalyst handling services
TABLE 26 JAPAN: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 27 JAPAN: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.3 SOUTH KOREA
8.3.3.1 Increasing investments across end-use industries to drive the market
TABLE 28 SOUTH KOREA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 29 SOUTH KOREA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.4 INDIA
8.3.4.1 Government initiatives to invest in the energy sector to increase demand
TABLE 30 INDIA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 31 INDIA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.5 AUSTRALIA
8.3.5.1 Government initiatives for fuel security present a market growth opportunity
TABLE 32 AUSTRALIA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 33 AUSTRALIA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.6 THAILAND
8.3.6.1 Investments in the biofuel sector to rejuvenate the market
TABLE 34 THAILAND: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 35 THAILAND: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.7 INDONESIA
8.3.7.1 Investments by state-owned refining companies to propel the market
TABLE 36 INDONESIA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 37 INDONESIA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.3.8 REST OF APAC
TABLE 38 REST OF APAC: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 39 REST OF APAC: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.4 EUROPE
TABLE 40 EUROPE: CATALYST HANDLING SERVICES MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 41 EUROPE: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 42 EUROPE: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.4.1 GERMANY
8.4.1.1 Constant innovations in chemical and petrochemical industries fueling the market
TABLE 43 GERMANY: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 44 GERMANY: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.4.2 ITALY
8.4.2.1 Transportation is a major consumer of catalyst handling services
TABLE 45 ITALY: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 46 ITALY: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.4.3 SPAIN
8.4.3.1 Growing domestic demand and stabilizing exports of automobiles to drive the market
TABLE 47 SPAIN: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 48 SPAIN: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.4.4 RUSSIA
8.4.4.1 Huge investments in the downstream sector fueling the market
TABLE 49 RUSSIA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 50 RUSSIA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.4.5 NETHERLANDS
8.4.5.1 Strategic location of the country provides competitive advantage
TABLE 51 NETHERLANDS: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 52 NETHERLANDS: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.4.6 REST OF EUROPE
TABLE 53 REST OF EUROPE: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 54 REST OF EUROPE: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.5 SOUTH AMERICA
TABLE 55 SOUTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 56 SOUTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 57 SOUTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.5.1 BRAZIL
8.5.1.1 Growing O&G investments and reviving chemical industry to accelerate demand
TABLE 58 BRAZIL: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 59 BRAZIL: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.5.2 ARGENTINA
8.5.2.1 Large shale deposits and growing chemical sector to increase demand
TABLE 60 ARGENTINA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 61 ARGENTINA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.5.3 COLOMBIA
8.5.3.1 Growing investments by the government in the O&G sector to drive demand
TABLE 62 COLOMBIA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 63 COLOMBIA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.5.4 REST OF SOUTH AMERICA
TABLE 64 REST OF SOUTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 65 REST OF SOUTH AMERICA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.6 MIDDLE EAST & AFRICA
TABLE 66 MIDDLE EAST & AFRICA: CATALYST HANDLING SERVICES MARKET SIZE, BY COUNTRY, 2018–2025 (USD THOUSAND)
TABLE 67 MIDDLE EAST & AFRICA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 68 MIDDLE EAST & AFRICA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.6.1 SAUDI ARABIA
8.6.1.1 Growing chemical and petrochemical sectors to drive the market
TABLE 69 SAUDI ARABIA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 70 SAUDI ARABIA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.6.2 UAE
8.6.2.1 Growing non-oil sectors to fuel demand
TABLE 71 UAE: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 72 UAE: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.6.3 IRAN
8.6.3.1 Government initiatives in the oil & gas sector to boost the market
TABLE 73 IRAN: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 74 IRAN: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.6.4 KUWAIT
8.6.4.1 Strong export growth to propel the market
TABLE 75 KUWAIT: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 76 KUWAIT: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.6.5 SOUTH AFRICA
8.6.5.1 Developments in chemical and petrochemical sectors to drive the market
TABLE 77 SOUTH AFRICA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 78 SOUTH AFRICA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
8.6.6 REST OF MIDDLE EAST & AFRICA
TABLE 79 REST OF MIDDLE EAST & AFRICA: CATALYST HANDLING SERVICES MARKET SIZE, BY SERVICE TYPE, 2018–2025 (USD THOUSAND)
TABLE 80 REST OF MIDDLE EAST & AFRICA: CATALYST HANDLING SERVICES MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD THOUSAND)
9 COMPETITIVE LANDSCAPE (Page No. - 124)
9.1 OVERVIEW
FIGURE 31 COMPANIES ADOPTED NEW TECHNOLOGY DEVELOPMENT AS THE KEY GROWTH STRATEGY DURING 2017-2020
9.2 MARKET SHARE, 2019
FIGURE 32 MARKET SHARE RANKING, 2019
9.3 MARKET RANKING
FIGURE 33 MARKET RANKING OF KEY PLAYERS
9.3.1 MOURIK
9.3.2 ANABEEB
9.3.3 CAT TECH
9.3.4 CR ASIA
9.3.5 TECHNIVAC
9.4 COMPETITIVE LEADERSHIP MAPPING
9.4.1 STAR
9.4.2 EMERGING LEADERS
9.4.3 PARTICIPANTS
9.4.4 PERVASIVE
FIGURE 34 CATALYST HANDLING SERVICES MARKET (GLOBAL): COMPETITIVE LANDSCAPE MAPPING, 2019
9.5 STRENGTH OF SERVICE PORTFOLIO
FIGURE 35 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN CATALYST HANDLING SERVICES MARKET
9.6 BUSINESS STRATEGY EXCELLENCE
FIGURE 36 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN CATALYST HANDLING SERVICES MARKET
9.7 WINNERS VS. TAIL ENDERS
9.7.1 WINNERS
9.7.2 TAIL ENDERS
9.8 KEY MARKET DEVELOPMENTS
9.8.1 NEW TECHNOLOGY DEVELOPMENT
TABLE 81 NEW TECHNOLOGY DEVELOPMENT, 2017–2020
9.8.2 COLLABORATION
TABLE 82 COLLABORATION, 2017-2020
10 COMPANY PROFILES (Page No. - 133)
(Business overview, Geographical presence, Technology collaborations, Services offered, Tactical connects with refineries, Competitive steps & MnM View)*
10.1 ANABEEB
10.2 MOURIK
10.3 CAT TECH INTERNATIONAL
10.4 CR ASIA
10.5 TECHNIVAC
10.6 CATALYST HANDLING RESOURCES
10.7 DICKINSON GROUP OF COMPANIES
10.8 BUCHEN-ICS
10.9 KANOOZ INDUSTRIAL SERVICES
10.10 GROUP PEETERS
*Details on Business overview, Geographical presence, Technology collaborations, Services offered, Tactical connects with refineries, Competitive steps & MnM View might not be captured in case of unlisted companies.
10.11 OTHER SIGNIFICANT PLAYERS
10.11.1 TUBEMASTER
10.11.2 POLMAN
10.11.3 PLANT TECH SERVICES
10.11.4 DRILLDROP
10.11.5 VEOLIA ANZ
10.11.6 AJAKS
10.11.7 INTEGRITY CIS
10.11.8 MAVIRO
10.11.9 USA DEBUSK
10.11.10 CELVAC
10.11.11 REACTOR SERVICES INTERNATIONAL
10.11.12 HCI
10.11.13 PRIOR INDUSTRIAL SERVICES
10.11.14 TURN 2 SPECIALITY COMPANIES
10.11.15 CLIMBEX
11 ADJACENT/RELATED MARKETS (Page No. - 158)
11.1 INTRODUCTION
11.2 LIMITATION
11.3 MARKET ECOSYSTEM AND INTERCONNECTED MARKET
11.4 REFINERY CATALYSTS MARKET
11.4.1 MARKET DEFINITION
11.4.2 MARKET OVERVIEW
11.4.3 REFINERY CATALYSTS MARKET, BY TYPE
TABLE 83 REFINERY CATALYSTS MARKET SIZE, BY TYPE, 2018–2025 (KILOTON)
11.4.4 REFINERY CATALYSTS MARKET, BY INGREDIENT
11.4.5 REFINERY CATALYSTS MARKET, BY REGION
TABLE 84 REFINERY CATALYSTS MARKET SIZE, BY REGION, 2018–2025 (USD KILOTON)
12 APPENDIX (Page No. - 161)
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
The study involves four major activities in estimating the current market size of catalyst handling services. Extensive secondary research was carried out to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation methodologies were used to estimate the market size of the segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources, such as Hoovers, Bloomberg, World Bank, CIA Factbook, Statista, Trademap, Zauba, ICIS, Catalyst associations, Chemical Weekly, Factiva, other government & private websites, and associations, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; gold standard & silver standard websites; regulatory bodies; and databases.
Primary Research
The catalyst handling services market comprises several stakeholders, such as material suppliers, providers, technology suppliers, and distributors of catalyst handling services, industry associations, end-users, and regulatory organizations in the supply chain. The demand side of this market consists of major construction companies, whereas the supply side consists of catalyst handling services providers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary interviews
To know about the assumptions considered for the study,download the pdf brochure
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the catalyst handling services market. These methods were also used extensively to estimate the size of various subsegments of the market. The research methodology used to estimate the market size includes the following:
- The key players in the market were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. Data was triangulated by studying various factors and trends from both the demand and supply sides.
Objectives of the Study
- To define and analyze the catalyst handling services market size, in terms of value
- To provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the market growth
- To analyze and forecast the market by service type and end-use industry
- To forecast the size of the market with respect to five regions: Asia Pacific (APAC), Europe, North America, South America, and the Middle East & Africa, along with their key countries
- To strategically analyze micromarkets with respect to individual trends, growth prospects, and their contribution to the overall market
- To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
- To analyze competitive developments in the market, such as new technology launch, and collaboration.
- To strategically profile key players and comprehensively analyze their market shares and core competencies
Available Customizations
MarketsandMarkets offers customizations according to the specific needs of the companies, along with the market data. The following customization options are available for this report:
Product Analysis
- A product matrix that provides a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the Rest of APAC catalyst handling services market
Company Information:
- Detailed analysis and profiles of additional market players.
Growth opportunities and latent adjacency in Catalyst Handling Services Market