MARKET RESEARCH REPORTS Global Catalyst Regeneration Market | Page 2

a catalyst activity regeneration process, by which performance of the catalyst is improved. Regeneration process includes controlled oxidation process, by which removing coke and other combustible elements. Global Catalyst Regeneration Market Dynamics: Major factors driving growth of the global catalyst regeneration market over the forecast period, owing to rapidly increasing industrialization in developed as well as in developing countries and rising demand for catalyst regeneration process from various end-use industries such as refineries, steel plants, and cement plants. Analysis by Product Type: Among all the type segments, off-site regeneration segment in the global catalyst regeneration market has been estimated to account for majority revenue share, and is expected to register CAGR of over 5% over the forecast period.