Transparency Market Research has released a new market report titled “Catalyst Regeneration in Applications (Onshore and Offshore) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.” According to the report, the global catalyst regeneration market was valued at USD 3,447.0 million in 2012 and is expected to reach USD 4,549.1 million by 2019, growing at a CAGR of 4.08% from 2013 to 2019.
Stringent environmental regulations, high cost of fresh catalyst and rising demand for regenerated catalysts in emerging nations is likely to boost market growth during the forecast period. Emission of harmful gases during the on-site regeneration process is likely to hamper market growth; however, offsite regeneration is likely to overcome this challenge. Key application segments analyzed in this study include onshore and offshore catalyst regeneration processes. Offshore catalyst regeneration segment dominated the overall market, accounting to 62.32% share in 2012. Dem
