- Hydrotreating catalysts are critical in the petroleum refining industry, removing impurities such as sulfur, nitrogen, and metals from crude oil fractions to ensure compliance with environmental standards and improve fuel quality
- The demand for hydrotreating catalysts is fueled by global pushes for ultra-low sulfur diesel (ULSD), low-sulfur gasoline, and compliance with regulations such as the International Maritime Organization’s sulfur cap
- Asia-Pacific dominated the hydrotreating catalysts market with the largest revenue share of 43.3% revenue share in 2024 due to its extensive refining infrastructure and high fuel demand, particularly in China and India
- North America is expected to be the fastest-growing region during the forecast period, driven by technological innovations, refinery upgrades, and stringent environmental regulations in the U.S. and Canada
- The load type segment dominated the market with the largest market revenue share of 68.7%in 2024, due to its high efficiency in removing impurities such as sulfur, nitrogen, and metals from heavy crude oil, making it essential for refining processes under stringent environmental regulations
