The
report studies the whole market scenario on the basis of the past and
present condition of the catalyst regeneration industry. It is titled
“Catalyst Regeneration Market By Applications (Onshore and
Offshore) - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2013 – 2019”.
According
to the report, the global catalyst regeneration industry was valued
at US$3,447.0 million in 2012. It is likely to rise at a CAGR of
4.08% during the period of 2013 to 2019 to reach an expected value of
US$4,549.1 million by the end of the forecast period.
Catalyst
regeneration is referred to as the process of renewal of catalysts
for re-utilization. Regenerated catalysts are utilized in various
processes such as reformation and refining, which includes
alkylation, hydrogenation, hydro-desulfurization, hydro cracking, and
hydro-treatment.
The
heightening cost of new catalyst, strict environmental policies, and
increase in the demand for regenerated catalysts in developing
economies are expected to propel the growth in the catalyst
regeneration market growth in the forecast period.
In
2012, the offshore catalyst regeneration market held 62.32% share of
the entire market and dominated the global industry. The demand for
offshore catalyst regeneration is likely to increase owing to stern
environmental regulations that try to control the harmful emissions
throughout the on-site process.
To
Get More Details:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1087
In
Asia Pacific led the global market in 2012, holding 32.15% share of
the overall market. North America stood second, holding 30.73% share
of the total market. The emerging economies in the Asia Pacific are
boosting the global market. The region is likely to occupy a
significant share of the catalyst regeneration market during the
forecast period.
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Contact
Mr.Sudip.S
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