The global catalyst regeneration market is estimated to value US$ 4.3 Bn in 2017, and is projected to register a CAGR of 5.3% in terms of value during forecast period 2017–2026. The first five-year cumulative revenue (2017–2021) is projected to be US$ 23.8 Bn, which is estimated to increase moderately over the latter part of the five-year forecast period. Catalyst regeneration is a process of renewing a catalyst or making it reusable after it has accumulated reaction residues. Catalyst regeneration is a catalyst activity regeneration process, by which performance of the catalyst is improved.
Global Catalyst Regeneration Market: Segmental Snapshot
By Type: The off-site regeneration segment is expected to be fastest growing type segment in the global catalyst regeneration market with a CAGR over 5% between 2017 and 2026
By Application: The coal power plant & refineries segment is expected to account for highest revenue share among the application segments in the global catalyst regeneration market, which is projected to expand at highest CAGR of over 5% over the forecast period
By Region: The market in Asia Pacific accounted for highest revenue share in the global catalyst regeneration market in 2017, and is expected to register a CAGR over 5.5% between 2017 and 2026. Increasing environmental regulations and cost optimization are key factors expected to drive growth of the market in Asia Pacific.
Global Catalyst Regeneration Market: Competitive Analysis
The research report on the global catalyst regeneration market includes profiles of major companies such as CORMETECH, Inc, EBINGER Katalysator Service GmbH & Co. KG, Fujian Longking Co Ltd, Spic Yuanda Environmental-Protection Co Ltd, Tianhe (Baoding) Environmental Engineering Co Ltd, Zhejiang Tuna Environmental Science & Technology Co Ltd, Johnson Matthey Catalysts Limited, Haldor Topsøe A/S, and Jiangsu Yangzi catalyst Co Ltd.