The Global Refining Catalyst Market was valued at USD 4.3 Billion in 2023 and is projected to reach USD 5.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2023–2030). This growth is fueled by stringent environmental regulations, the increasing demand for cleaner fuels, and the necessity for refineries to process heavier, more sour crude oil feedstocks efficiently.
As the global energy landscape pivots toward sustainability and operational excellence, refining catalysts have become the unsung heroes of the petroleum industry, enabling the transformation of crude oil into high-value products like gasoline, diesel, and jet fuel. In this blog, we profile the Top 10 Companies in the Refining Catalyst Industry—a group of chemical giants and specialist firms driving innovation, efficiency, and cleaner refining processes worldwide.
🔟 1. Albemarle Corporation
Headquarters: Charlotte, North Carolina, USA
Key Offering: Fluid Catalytic Cracking (FCC) Catalysts, Hydroprocessing Catalysts
Albemarle is a global leader in the refining catalyst market, renowned for its extensive portfolio of catalysts essential for FCC units and hydroprocessing. The company’s technologies are critical for improving yields and meeting low-sulfur fuel specifications, serving major refineries across all continents.
Innovation & Sustainability Initiatives:
-
Pioneering advanced zeolite technologies for enhanced catalyst activity
-
Developing solutions for bio-feedstock co-processing in refineries
-
Committed to reducing the environmental footprint of refining operations
Download FREE Sample Report: Refining Catalyst Market – View in Detailed Research Report
9️⃣ 2. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: FCC Catalysts, Hydrotreating Catalysts, Catalytic Reforming Catalysts
BASF’s catalyst division is a powerhouse in refinery process optimization. The company offers a comprehensive range of catalysts that help refineries maximize production of high-quality fuels and petrochemical feedstocks while adhering to evolving environmental standards.
Innovation & Sustainability Initiatives:
-
Investment in R&D for catalysts that enable carbon capture and utilization
-
Strategic partnerships with refineries to develop custom catalyst solutions
8️⃣ 3. Honeywell UOP
Headquarters: Des Plaines, Illinois, USA
Key Offering: UOP FCC Catalysts, Hydroprocessing Catalysts, Reforming Catalysts
Honeywell UOP is a premier technology provider to the refining industry, offering a wide array of catalysts and process technologies. Its catalysts are integral to producing ultra-low-sulfur diesel (ULSD), high-octane gasoline, and renewable fuels.
Innovation & Sustainability Initiatives:
-
Leading the development of Ecofining™ technology for renewable diesel and jet fuel
-
Catalyst regeneration services that extend product life and reduce waste
7️⃣ 4. Shell Catalysts & Technologies
Headquarters: Houston, Texas, USA
Key Offering: Residue Hydroprocessing Catalysts, FCC Additives, Syngas Catalysts
Leveraging the vast experience of its parent company, Shell Catalysts & Technologies provides advanced catalyst solutions tailored for complex refining challenges. The company specializes in catalysts for upgrading heavy oil residues and optimizing syngas production.
Innovation & Sustainability Initiatives:
-
Focus on catalysts that improve energy efficiency and reduce emissions in refineries
-
Development of technologies for blue hydrogen production from natural gas
Download FREE Sample Report: Refining Catalyst Market – View in Detailed Research Report
6️⃣ 5. W. R. Grace & Co.
Headquarters: Columbia, Maryland, USA
Key Offering: FCC Catalysts, Polyolefin Catalysts, Specialty Additives
Grace is a leading supplier of FCC catalysts and related technologies, enabling refineries to convert heavy gas oils into valuable transportation fuels. The company is known for its innovation in zeolite and matrix technology.
Innovation & Sustainability Initiatives:
-
Launch of catalysts designed to process renewable feedstocks alongside conventional crude
-
Commitment to circular economy principles through catalyst recycling programs
5️⃣ 6. ExxonMobil Corporation
Headquarters: Irving, Texas, USA
Key Offering: Fluid Cracking Catalysts, Hydroprocessing Catalysts
ExxonMobil’s catalyst technology division leverages its own extensive refinery operations to develop and deploy high-performance catalysts. The company focuses on solutions that increase throughput, selectivity, and operational reliability.
Innovation & Sustainability Initiatives:
-
Advanced catalyst formulations for processing opportunity crudes
-
R&D into carbon-neutral refining pathways and advanced biofuels
4️⃣ 7. Axens
Headquarters: Rueil-Malmaison, France
Key Offering: Hydrotreatment Catalysts, Reforming Catalysts, FCC Catalysts
Axens provides a comprehensive portfolio of process technologies, equipment, and catalysts for the refining industry. The company is a key player in catalysts for diesel and gasoline hydrotreatment, as well as catalytic reforming for aromatics production.
Innovation & Sustainability Initiatives:
-
Development of the Vegan® technology for renewable fuels production
-
Focus on catalysts that enable refiners to meet Euro 5 and Euro 6 fuel standards
3️⃣ 8. China Petroleum & Chemical Corporation (Sinopec)
Headquarters: Beijing, China
Key Offering: Refining Catalysts, Petrochemical Catalysts
As one of the world’s largest refining and chemical companies, Sinopec has a major internal catalyst manufacturing arm. It supplies a significant portion of the catalyst demand within China and is expanding its global footprint with competitive offerings.
Innovation & Sustainability Initiatives:
-
Significant R&D investment in catalysts for residue upgrading and clean fuels
-
Development of catalysts tailored for domestic and regional crude slates
2️⃣ 9. Clariant AG
Headquarters: Muttenz, Switzerland
Key Offering: Catalysts for Syngas, Fertilizers, Custom Catalysts
A global specialty chemicals company, Clariant’s Catalysts business unit offers innovative solutions for various refining processes. While strong in syngas and petrochemical catalysts, it also provides tailored solutions for specific refining applications.
Innovation & Sustainability Initiatives:
-
Emphasis on high-performance catalysts that reduce energy consumption
-
Development of sustainable catalyst solutions using renewable raw materials
1️⃣ 10. Johnson Matthey
Headquarters: London, United Kingdom
Key Offering: Catalysts for Refining, Hydrogen Production, Emissions Control
Johnson Matthey is a leader in sustainable technologies, offering advanced catalysts for refining processes, including hydrogen production and purification. Their catalysts are critical for producing clean fuels and enabling the hydrogen economy.
Innovation & Sustainability Initiatives:
-
Leading provider of catalysts for autothermal reforming (ATR) and steam methane reforming (SMR) for hydrogen
-
Focus on technologies that support the transition to low-carbon refining
Get Full Report Here: Refining Catalyst Market – View in Detailed Research Report
🌍 Outlook: The Future of Refining Catalysts Is Smarter and Greener
The refining catalyst market is at a pivotal juncture. While the core demand for transportation fuels remains strong, the industry is undergoing a fundamental transformation driven by decarbonization goals and the need for greater efficiency.
📈 Key Trends Shaping the Market:
-
Accelerated adoption of catalysts for renewable diesel (HVO) and sustainable aviation fuel (SAF) production
-
Increasing demand for catalysts capable of processing heavier, high-sulfur crude feedstocks
-
Integration of digital tools and AI for predictive catalyst performance monitoring and optimization
-
Growing emphasis on catalyst recycling and metal reclamation to enhance sustainability
Get Full Report Here: Refining Catalyst Market – View in Detailed Research Report
The companies listed above are not only enabling efficient fuel production—they are at the forefront of developing the catalytic technologies that will power the cleaner, more sustainable refineries of the future.
- Top 10 Companies in the Battery Grade Phosphoric Acid Market (2025): Key Players Fueling the Global Energy Storage Boom - December 14, 2025
- Top 10 Companies in the Compressor Oils Industry (2025): Market Leaders Powering Global Industrial Operations - December 14, 2025
- Top 10 Companies in the Inorganic Flame Retardant Chemical Industry (2023-2028): Market Leaders Fueling Global Fire Safety Standards - December 14, 2025
