Catalysts are as vital to a downstream facility as enzymes are to the human body. Process catalysts, a $13 billion-per-year business worldwide, play a vital role in the wider economy.

The value of products dependent on process catalysts, which include refined products, chemicals and petrochemical products, and many others, is said to be around $500–600 billion per year.

Rising petroleum prices, strict environmental regulations, and rising demand for diesel are some of the key factors driving growth in the market. Whilst new and stringent environmental regulations are boosting the demand for petroleum refining catalysts in developed regions, rapid economic growth is driving the demand in developing regions, including the Middle East.

Refining and Petrochemicals Middle East identifies the most important catalysts companies active in the Middle East.