China Petroleum & Chemical Corporation, Exxon Mobil Corporation and Royal Dutch Shell plc are dominating the Global Oil Refining Catalyst Market in 2020

Global Oil Refining Catalyst Market is expected to grow with the CAGR of 5.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global oil refining catalyst market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global Oil Refining Catalyst market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In 2019 January, W. R. Grace & Co.-Conn. the leading manufacturer of polyolefines catalyst and polypropylene plant product (PP) has awarded Hanwa Total Petrochemical Co., Ltd. with a license for a new PP plant in Daesan, South Korea, for UNIPOL PP Process Technology. UNIPOL PP Process Technology provides a large variety of PP biopolymers and copolymers in the sector with the most mature and broadest selection. For less moving parts and fewer machines than anyone else, it's efficient, safe, and continuous service, the easiest of all Pierce process systems, lowers capital expenses, and lower operating and maintenance costs.
  • In 2019 April, Royal Dutch Shell plc confirmed that its affiliates formerly operated under the CRI, Criteria and Shell Global Solutions tradenames would work under the current tradename of Shell Catalysts & Innovations for the provision of catalyst, manufacturing and technical services for all of its customers worldwide. Together these firms provide streamlined and simplified applications to the oil and petrochemical sectors to access the competitive facilities available in the company's portfolio.

China Petroleum & Chemical Corporation

China Petroleum & Chemical Corporation Headquartered in Beijing, China. as public ownership and it was founded in year 1998. The company is engaged in petroleum and natural gas exploration, production, storage and transportation (including pipeline transportation), coal production, sales, storage and transportation, oil refining. The company have wide categories Lubricants, Fuel Card, Service Station, Chemical Sales CRM, LPG, Natural Gas, Catalyst, Asphalt, Oil Products, License, Equipment and materials, Refinery & Chemical Product Export out of which focused product category is Catalyst. The company has wide global presence across the China, Singapore, Others. The company have subsidiaries which are SINOPEC Zhongyuan Oilfield Company (China), SINOPEC Henan Oilfield Branch Company (China), SINOPEC Jianghan Oilfield Company (China), SINOPEC Jiangsu Oilfield Company (China), SINOPEC Southwest Oil & Gas Company (China) among others.

Exxon Mobil Corporation

Exxon Mobil Corporation headquartered in Texas, U.S. as public ownership and it was founded in year 1859. The company is engaged in manufacturing of raded energy providers and chemical manufacturers, develops and applies with next-generation technologies. The company offers wide range of product categories such as ExxonMobil Chemical, Solutions, Products, Technology Licensing under which Technology Licensing is market focused category. The company has presence in North America, South America, Europe, Middle East and Africa, Asia-Pacific. The company have subsidiaries which are Abu Dhabi Petroleum Company Limited (U.K.), Aera Energy LLC (U.S.), Al-Jubail Petrochemical Company (Saudi Arabia), Ampolex (CEPU) Pte Ltd (Singapore), BEB Erdgas und Erdoel GmbH (Germany) among others.

Royal Dutch Shell plc

Royal Dutch Shell plc is headquartered in Hague, Netherlands as public ownership and it was founded in 1833. The company is engaged in the energy sector by providing oil, gas and low-carbon energy with upstream, integrated gas and new energies and downstream products. The company has category which are Shell Fleet Solutions, Shell Catalysts & Technologies, Shell Retail Licensing, Industrial Lubricants and Oils for Business, Aviation, Shell Chemicals, Bitumen, Commercial Fuels, Marine, Shell Liquefied Petroleum Gas (LPG), Shell Sulphur Solutions, Shell Trading and Supply, Shell for Suppliers out of which Shell Catalysts & Technologies is market focused category. The company has wide global presence in Asia-Pacific, Europe, North America, South America and Middle East and Africa. The company have subsidiaries which are Shell Oil Company (U.S.), Shell Energy (U.K.), Pennzoil (U.S.), Raízen (Brazil), The New Motion B.V. (Netherlands) among others.