Refinery Catalyst Market is likely to witness a CAGR of more than 4% during the forecast period. Surge in demand for cleaner petroleum products, increasing activities in the oil and gas industry and growing population across the world are some of the major factors driving the market growth. Catalysts for refineries are chemicals which are used for refining in different operations. Furthermore, increasing demand for petroleum derivatives accelerates the demand for the market and increases the refinery catalyst market value. Using fuel of high-octane number escalates the refinery market size.
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