Catalyst regeneration entails the processing of spent catalysts in order to make them reusable. This is done by reinstating chemical properties of spent catalysts and thereby increasing their efficiency through a process called catalyst regeneration. The major advantage of catalyst regeneration is that it costs less than fresh catalysts. Catalyst regeneration is carried out through two methods: in-situ and ex-situ. Catalyst regeneration is a chemical process that is used to convert naphtha into reformates, which contain high-octane gasoline. This process re-arranges hydrocarbons in naphtha feedstock and breaks down some molecules into smaller size. It reformates the spent catalyst with complex molecular shape and produces large amounts of hydrogen gas which can be used in various other processes involved in petroleum refinery. Vladimir Haensel, a research chemist employed with Universal Oil Products (UOP), introduced a catalytic reforming product using a catalyst containing platinum in 1940. UOP marketed this process in 1949 in order to produce high octane petrol from low octane naphtha. The process was called Platforming process.
The first Platforming unit was built at the refinery of the Old Dutch Refining Company in 1949. Major oil companies then developed many versions of this process to produce gasoline from low octane naphtha. Currently, most of the oil refineries in the world produce gasoline from the catalytic reforming process. The catalyst regeneration is performed between every 6 - 24 months. The unit used to reform the catalyst has three reactors and a bed of catalyst fixed to it. Such a unit is termed Semi Regenerative Catalytic (SRR).
Some units have a spare reactor that can be independently isolated so that one reactor undergoes in-situ regeneration while the other is in operation. The latest category of catalytic reformers is termed Continuous Catalyst Regeneration (CCR). These units undergo constant in-situ regeneration of a part of a catalyst in the special regenerator and continuous addition of regenerated catalyst into operating reactors. Of late, the usage of CCR units has increased rapidly in refinery and chemical industries in order to create aromatics from naphtha and paraffin.
This research is designed to estimate, analyze and forecast the global market revenue for catalyst regeneration. The research provides in-depth analysis of service (catalyst regeneration) providers and suppliers of regenerated catalysts, technology by segmentation and market revenue by geography.
The report also provides brief information on the value chain of the catalyst regeneration market. Value chain of the catalysts regeneration market includes several steps such as spent catalyst procurement, regenerating catalyst which is followed by distributing regenerated catalyst to end users. The report covers key applications, geography and revenue generated by the catalyst regeneration market. It also provides detailed analysis, historical data and statistically refined forecast for the segments covered. Catalyst regeneration increases the efficiency of spent catalysts, making them reusable. The report provides an estimate of the ongoing trends in the global market followed by an inclination towards the catalyst regeneration market by an end user’s perspective.
The market size for catalyst regeneration has been estimated based on two applications: on-site and off-site catalyst regeneration. Furthermore, the market has been analyzed based on geography. Asia Pacific, North America, Europe, and Rest of the World (RoW) are the major geographic areas covered in the report. Each geographical region has been segmented further based on applications in terms of volume. Revenue forecasts and estimates for each segment have been provided for the period from 2013 to 2019.
The price of catalyst regeneration is less than that of fresh catalysts that governs the overall market growth. Prices also depend on the methods used such as on-site and off-site regeneration. The study presents a comprehensive assessment of stakeholder strategies, winning imperatives for them by segmenting the catalyst regeneration market as below: