Japan Refinery Catalysts Market

Japan Refinery Catalysts Market Insights Forecasts to 2035

• The Japan Refinery Catalysts Market Size Was Estimated at USD 249.4 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 5.27% from 2025 to 2035
• The Japan Refinery Catalysts Market Size is Expected to Reach USD 438.9 Million by 2035

According to a research report published by Decision Advisors & Consulting, the Japan Refinery Catalysts Market size is anticipated to reach USD 438.9 Million by 2035, growing at a CAGR of 5.27% from 2025 to 2035. The refinery catalysts market in Japan is driven by the convergence of the drive for cleaner, higher-value product streams, changing fuel restrictions, and structural changes in the refining business.

Market Overview

Catalysts that are used in Japanese oil refineries play an essential role within the wider marketplace belonging to the industrial catalyst industry, and their primary functions include speeding up chemical reactions throughout the conversion process of crude oil into cleaner and higher-quality fuels, whilst simultaneously adhering to strict environmental regulations. Efficiency, a growing demand for clean fuel, and an increasing push for sustainable technologies by governments have been key factors driving the demand for catalysts used in Japanese oil refineries. The catalysts are utilized in many processes, including the fluid catalytic cracking (FCC) and hydrotreating processes, and are geared towards the removal of sulfur and maximization of product yields for the Japanese marketplace. Given the serious need for compliance with strict environmental regulations, dealers wanting to continue to provide cleaner fuels, as well as the transition to renewable feedstocks, the Japanese refinery catalyst marketplace presents a significant opportunity. The growth areas include chemical compounds, zeolites, and specialty catalysts aimed at complying with environmental regulatory guidelines. Although Japan has one of the most highly developed and technologically advanced oil refining industries, due to higher production costs and a steady decrease in domestic oil fuel demand, many refiners are now merging into larger companies as a result of the rising cost of doing business. Japan currently has 22 oil refineries that produce approximately 3.51 million barrels of oil per day. However, the price differential of the product has created a challenge for these companies to be competitive.

Report Coverage

This research report categorizes the market for the Japan refinery catalysts Market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan refinery catalysts Market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan refinery catalysts Market.

Driving Factors

The Refinery Catalysts markets in Japan are driven by due to strict environmental rules, rising demand for cleaner, high-octane fuels for efficient vehicles, and growth in the petrochemical sector, pushing innovation for better conversion and reduced emissions, despite high R&D costs. Additionally, growing consumer and regulatory pressure for cleaner, higher-quality fuels boosts demand for catalysts that improve efficiency and reduce contaminants.

Restraining Factors

The Refinery Catalysts market in Japan is mostly restrained by declining domestic refining capacity, rising adoption of electric vehicles, reducing fuel demand, stringent environmental regulations, high catalyst production costs, and dependence on imported raw materials, which increases price volatility and supply chain vulnerability.

Market Segmentation

The Japan Refinery Catalysts market share is classified into product and application.

• The zeolite segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Japan Refinery Catalysts market is segmented by product into zeolite, metallic, chemical compounds, and others. Among these, the zeolite segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to their enormous surface area, and porosity, they are widely used as catalysts and adsorbents.  Zeolites are typically created when alkaline water reacts with ash layers and volcanic rocks.  Because quartz, metals, and other minerals are present, natural zeolites are impure.

• The FCC catalysts segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The Japan Refinery Catalysts market is segmented by application into FCC catalysts, alkylation catalysts, hydrotreating catalysts, catalytic reforming, hydrocracking catalysts, and others. Among these, the FCC catalysts segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to the increasing demand for gasoline as a fuel for automobiles. Moreover, catalytic reforming, hydrotreating, hydrocracking, and fluid catalytic cracking (FCC) catalysts.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan refinery catalysts Market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Mitsui Chemicals
• JGC Catalysts & Chemicals
• Sumitomo Chemical
• Kuraray Co., Ltd
• Showa Denko K.K
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the Japan, regional, and country levels from 2020 to 2035. Decision Advisors has segmented the Japan Refinery Catalysts Market based on the below-mentioned segments:

Japan Refinery Catalysts Market, By Product

• Zeolite
• Metallic
• Chemical Compound
• Others

Japan Refinery Catalysts Market, By Application

• FCC Catalyst
• Alkylation Catalysts
• Hydrotreating Catalysts
• Catalytic Reforming
• Hydrocracking Catalysts
• Others

FAQ’s

Q: What is the current size of the Japanese refinery catalysts market?

A: The Japan refinery catalysts market was valued at USD 249.4 million in 2024, supported by strong demand for cleaner fuels and advanced refining technologies.

Q: What is the projected market size by 2035?

A: The market is expected to reach USD 438.9 million by 2035, growing at a CAGR of 5.27% during 2025–2035.

Q: What factors are driving the growth of this market?

A: Growth is driven by stringent environmental regulations, rising demand for low-sulfur and high-octane fuels, technological upgrades in refineries, and expansion in the petrochemical sector.

Q: Which product segment holds the largest share?

A: The zeolite segment accounted for the largest share in 2024 due to its high surface area, porosity, and efficiency in FCC and hydrocracking applications.

Q: Who are the major players operating in the Japan refinery catalysts market?

A: Key companies include Mitsui Chemicals, JGC Catalysts & Chemicals, Sumitomo Chemical, Kuraray Co. Ltd., and Showa Denko K.K.