Hydrocracking Market – Analysis and Forecasts from 2016 to 2024 Hydrocracking Market - Global Industry Analysis, S | Page 2
global market for hydrocracking. Ample opportunities lie for hydrocracking process
as demand for petroleum products is increasing at a rapid rate.
Global Hydrocracking Market: Regional Outlook
Geography-wise, the global market for hydrocracking can be segmented into
Europe, North America, Asia Pacific, and the Rest of the World. Among them, North
America leads the hydrocracker consumer market and is slated to continue its
dominance in the upcoming years due to the rapid pace of technological progress.
The U.S. is expected to be at the forefront of driving demand in the next couple of
years on account of a lot of focus on research and development in the country,
which is one of the most developed in the world.
In terms of growth pace, however, Asia Pacific will likely outshine other regions in
the near future because of the growing number of refineries there, especially in the
emerging economies of India and China, and because of a higher demand for
middle and light distillates. Europe would likely see a lacklustre growth due to weak
demand from the region. France, Russia, and the U.K. are expected to generate
maximum demand in Europe.
Companies Mentioned in the Report
The global market for hydrocracking is highly consolidated with a handful of large
players dominating it. A few of the technology licensors of hydrocracker units are
CB&I Company, Axens, Chevron Lummus Global, Flour Corporation, Exxon Mobil,
Shell Global Solutions, and UOP.
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The global antioxidants market is segmented as:
By Geography
North America
Europe
Asia Pacific
Rest of the World
This report gives you access to decisive data such as: