123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Research Report On Refinery Chemicals

Profile Picture
By Author: Bharat Book Bureau
Total Articles: 1486
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Refinery Chemicals

US demand to exceed $7.5 billion in 2014
US demand for refinery chemicals is forecast to exceed $7.5 billion in 2014. The US possesses a advanced refining industry and is among the world's most intensive users of refinery chemicals relative to refinery output. Advances in chemical demand are expected to slow significantly from the rapid pace achieved during the 2004-2009 period. Decelerating growth will be based on an outright decline in refined products output, combined with the completion of the phase-in of a 30 ppm (parts per million) sulfur limit in gasoline, enacted in 2004. However, overall demand for refinery chemicals will benefit from an expected acceleration in economic growth, as the economy eventually recovers from the recession that began in late 2007. Increasingly stringent environmental regulations will further promote demand, as refiners subject their products to higher levels of chemical treatment in order to remove impurities. Market growth will result primarily from above-average gains in the large merchant hydrogen segment, due to rising use by refiners seeking to supplement ...
... their captive hydrogen production. ( http://www.bharatbook.com/detail.asp?id=135395&rt=Refinery-Chemicals.html )

Merchant hydrogen will remain dominant product
Merchant hydrogen will remain the largest and fastest growing product in the US refinery chemical market. Advances will be driven by tightening sulfur standards for diesel fuels. Such environmental regulations promote the use of hydrotreating -- the largest application for merchant hydrogen -- as a means of removing sulfur and other contaminants. As of 2010, diesel fuel must meet a 15 ppm sulfur limit, and going forward, significant sulfur reductions are also expected for heating oil. Hydrocracking represents another growth application for merchant hydrogen, as US refineries continue to expand their hydrocracking capacity in efforts to boost gasoline and diesel fuel yields.

Catalysts also account for a significant share of the market and are commonly used in the petroleum refining industry to improve energy efficiency and process productivity. Metal catalysts will maintain their position as the largest and fastest growing segment of the refinery catalyst market. Gains will be based on rising use in hydrotreating applications due to efforts to reduce sulfur content in refined products. Zeolites represent another leading type of catalyst used in the refinery market. Primarily employed in catalytic cracking applications, the relative maturity of this technology will serve to limit gains for zeolite catalysts. Other leading refinery chemicals include corrosion inhibitors, pH adjusters and solvents. Water treatment applications account for the vast majority of corrosion inhibitor demand. As such, these products will benefit from the popularity of internal water recycling.

Hydrotreating process to offer growth opportunities
Hydrotreating accounts for the majority of refinery chemical demand in petroleum treatment processes and will provide significant opportunities for growth due to the continuing expansion of this process in order to meet tightening sulfur regulations. Among conversion processes, hydrocracking is expected to offer considerable growth potential. A major consumer of hydrogen, hydrocracking will benefit from its ability to boost diesel fuel and gasoline yields and increase refiner profitability. In water treatment processes, market value will expand due to a shift from commodity water treatment chemicals toward more environmentally acceptable alternatives.

To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=135395&rt=Refinery-Chemicals.html

Or

Contact us at :

Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: www.bharatbook.com
Follow us on twitter: http://twitter.com/3bbharatbook

Total Views: 249Word Count: 544See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Canadian Residential Humidifier Market To Reach $234 Million By 2030
Author: Lucintel LLC

2. Boost Your Property’s Value With High-quality Driveway Installations
Author: Vikram kumar

3. Eco-friendly Expertise: Leed Consultancy In Dubai And Uae
Author: kohan

4. Best Travel Websites
Author: RishiHassan

5. Top 5 Essential Dog Training Equipment For Active Dogs: Harnesses, Crates & More
Author: Von Ultimate Dog Shop

6. Mindpath Technology Limited – Transforming Businesses With Innovative It Solutions
Author: Mindpath

7. What Are The Costs Of Charging At Public Stations Vs. Home Chargers?
Author: -

8. When To Diy And When To Call The Professionals
Author: Maria Marshall

9. Uniquemark Solutions: Your Trusted Digital Partner In Pune
Author: Uniquemarks

10. The Ultimate Guide To Optimizing Your Website For Conversions
Author: Peggy Police

11. The Advantages Of Using Walnut Shells In Media Blasting For Industrial Applications
Author: Kramer

12. How To Make Iso 35001 Documentation For Biorisk Management System
Author: Emma

13. How To Make Your Product Photography Stand Out
Author: Sam

14. Experienced House Removalists Brisbane | Quality Packing & Moving Services
Author: Sarahwilliams

15. Best Astrologer In Kacharakanahalli
Author: Astroservice7

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: