[151 Slides Report] Catalysts are widely used in refineries and chemical plants. These catalysts do not participate in the reactions but help in accelerating their rate. Gradually, the catalytic activity of the catalyst reduces due to deposition by different types of contaminants, after which the catalyst needs to be replaced. The spent catalyst has to be either disposed following the environmental regulations or recycled. Due to the increasing catalyst related environmental regulations and catalyst disposal cost, manufacturers are adopting different methods to recycle the catalyst. Catalyst regeneration is one of the ways to restore the catalytic activity. The regenerated catalyst can either be used in the same application or in other applications requiring less degree of catalytic activity. The catalysts can either be regenerated within the plant or off-site by a regenerating company.The catalyst regeneration market, in terms of value, is estimated to reach $5002.47 Million by 2019, witnessing a CAGR of 5.54% between 2014 and 2019.

The increasing refinery capacity in the developing regions is the main driving factor whereas superior result of rejuvenation process is the main restraining factor hampering the catalyst regeneration market growth. However, with the increasing use of catalyst regeneration process in refinery and other applications in both developing and developed regions, the market for catalyst regeneration is expected to experience decent growth in near future. On the other hand, inability to regenerate catalyst contaminated with lead, arsenic, silicon, vanadium, and others is going to limit the market.

This report estimates the size of catalyst regeneration market in terms of value and volume, regionally and in end-user markets. The report provides a comprehensive review of the important drivers, challenges, and key issues in the catalyst regeneration market. This market is further segmented and forecasted for key regions, such as Asia-Pacific, Europe, North America, and RoW. Top players of the industry are profiled in detail with their recent developments and other strategic industry activities. The segmentation by type of catalyst regeneration in terms of consumption and value for each region is also discussed in this report.

By Type:

Off-site regeneration On-site regeneration

By Application:

Refineries Chemicals and Petrochemicals Others (Energy, Power, and Environmental)

By Geography:

Asia-Pacific China India Japan South Korea Others North America U.S. Mexico Canada Europe Russia Germany Italy U.K. Others ROW Saudi Arabia Brazil Iran Others

This Catalyst Regeneration market report also includes the leading manufacturers� profiles, such as Eurecat S.A. (France), Porocel Industries LLC (U.S.), Tricat Industries Inc. (U.S.), CoaLogix, Inc. (U.S.) STEAG Energy Services LLC, (Germany), Nippon Ketjen (Japan), and others.

Catalysts are widely used in different chemical processes in refineries, chemical & petrochemical plants, environmental processes, energy plants, and so on. The catalyst gradually loses its activity and needs to be replaced. The spent catalyst can be disposed of or recycled. Recycling is one of the best options for the catalyst users as it provides benefits of cost optimization and retaining an environment friendly image. Increasing cost of new catalyst, high disposal cost, and stringent environmental regulations also enforce the catalyst user to go for recycling their catalysts. Regeneration is a suitable recycling option which helps to restore the catalytic activity to a certain level.

Catalyst regeneration can be done within the same plant where it is used. Alternately, it can be sold to a catalyst regenerator who will regenerate it off-site. The regenerated catalyst can either be used by the same company or by other companies for different applications.The market for regenerated catalyst, in terms of value, is estimated to reach $5002.47 Million by 2019, witnessing a CAGR of 5.54% between 2014 and 2019.

The catalyst regeneration market is anticipated to show moderate growth rate in the coming years. The global catalyst regeneration market demand is estimated to reach around 1,814 KT by 2019. The market is capital intensive with patented technologies. The key players license their patented technologies to different companies around the globe to increase their presence in different regions.

Currently, the catalyst regeneration process has high use in developed regions due to stringent environmental regulations. However, Asia-Pacific has a high refinery capacity and currently has a significant market for catalyst regeneration. In future, expansion in refinery capacity is anticipated mostly in the developing regions. Besides, the use of catalyst regeneration process is projected to increase in these regions due to formation of stringent environmental regulations and the need to adopt cost optimization strategies. Asia-Pacific region will show the highest growth rate in the next five years, followed by RoW.

Catalyst Regeneration Market Share, by Region, 2013

Source: MarketsandMarkets Analysis

The catalyst regeneration service offering companies are mainly focused on expansion. The companies follow the expansion strategy rigorously to strengthen their position in the catalyst regeneration market. In some cases, companies, such as Porocel and Eurecat have acquired a relevant player or facility in the targeted region; some have licensed their patented technology to small players to increase their presence in that particular region.

Companies are also focusing on providing a wide variety of services to their customers. Most of the key players are providing catalyst transportation, storage, testing facilities, and associated services. Small companies are also collaborating with leading catalyst regenerators to provide services.

The report analyzes the catalyst regeneration market on the basis of regeneration types, penetration of catalyst regeneration process in important regions, and application market. It also covers the market behavior of leading producers, key developments, and strategies implemented to sustain and succeed in the catalyst regeneration market.