Residue Hydro Desulfurization Catalyst Market

Residue Hydro Desulfurization Catalyst Market -
Size, Share, Outlook, and Opportunity Analysis,
2018 – 2026
Residue hydro desulfurization is a procedure to remove sulfur, nitrogen, and other
contamination from natural gas and refined petroleum products including fuel oil,
diesel fuel, and others. As sulfur dioxide (SO2) is responsible for increasing pollution
in the environment, the process reduce SO2 emissions from fuels. These fuels are
majorly used in vehicles, aircraft ships, gas & oil burning power plants, fuel
combustion, railroad locomotives, residential & industrial furnaces.
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Furthermore, catalyst are used to demonstrate high desulfurization performance for
light gas oil, kerosene and other which have high nitrogen concentration. Such oils
are difficult to desulfurize including vacuum gas oil, FCC light cycle oil (LCO).
Market Dynamics
Implementation of stringent norms to reduce harmful emission from vehicle is paving
the way for advanced emission control technologies in vehicles and engines, which
is boosting demand for clean fuels such as ultra-low sulfur gasoline (ULSG) and
ultra-low diesel fuel (ULSD). For instance, as per the national diesel sulfur standard
prevailing in the emerging countries such as India is limited to 350 ppm, along with
50ppm which is required to maintain in major Indian cities. Regulating bodies’
measures to maintain sulfur standards for diesel and gasoline creates awareness in
the market to reduce harmful emissions. These clean fuels are obtained by hydro
desulfurization catalytic process.
Furthermore, rising exposure of harmful air particulates such as sulfur oxide,
nitrogen oxide, and others are propelling the residue hydro desulfurization catalyst
market. Such exposure might cause serious health implications and lead to deaths,
across the globe. This residue hydro desulfurization process lowers down the
content of sulfur and nitrogen oxide, which would reduce fuel emission from engines
and vehicles. According to Our World in Data, in 2015, Saudi Arabia, and Egypt
witnessed highest levels of exposure to such particulates at 105 µg/m3, while

countries across Europe, Oceania, and North America had air particulate levels at
5-10µg/m3. Moreover, according to World Health Organization, about 3 million
people across the globe died due to ambient air pollution in 2012.
Regional Outlook
North America is expected to achieve significant growth in the market during the
forecast period, owing to the stringent standards on gasoline volatility, benzene
content, and diesel fuel aromatics content, which limits the exposure of harmful
emission via residue hydro desulfurization catalyst. For instance, in 2016, the U.S.
implemented diesel and gasoline sulfur standards of 30 ppm (average) and 10 ppm
(cap), respectively.
Asia Pacific is expected to sustain lucrative growth rate in the residue hydro
desulfurization market during the forecast period. This is attributed to rising pollution
related deaths in the region. The residue hydro desulfurization catalyst process
reduces the amount of sulfur content in the petroleum products, which in turn would
reduce the harmful emissions. According to the Our World in Data, South Asia,
Southeast Asia, and East Asia witnessed about 3 million deaths due to exposer to
harmful emissions in 2016.
Key Players in the Residue Hydro Desulfurization Catalyst Market
Key players operating in the market include CRI Catalyst Leuna GmbH, Redkino
Catalyst Company, Albemarle Corp, Honeywell UOP, Johnson Matthey PLC, Haldor
Topsoe A/S, Clariant AG, Chevron Phillips Chemical Company, W.R. Grace & Co,
Axens S.A., and others.
Major players adopt various business strategies such as mergers & acquisitions,
new product launches, and product development to gain strong foothold in the
market. For instance, in 2016, S-Oil partnered with General Atomics Electromagnetic
Systems (GA-EMS), to provide electrostatic separation technology and equipment
for its installation in residue upgrading complex (RUC) in Onsan refinery complex in
Ulsan, South Korea.
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