Companies Dominating the Refinery Process Chemicals Market
- BASF SE
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Albemarle Corporation
- CLARIANT.
- Lummus Technology
- Sinopec Corporation
- Mitsubishi Heavy Industries, Ltd.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of refinery process chemicals is assessed at USD 6.31 billion.
The refinery process chemicals market size was over USD 6.04 billion in 2024 and is anticipated to cross USD 11.82 billion by 2037, witnessing more than 5.3% CAGR during the forecast period i.e., between 2025-2037. Rapid shift towards high-value and bio-based products, surge in the adoption of petroleum-based products, and growing use of refinery process chemicals in the oil & gas industry will drive the market growth.
North America industry is anticipated to account for largest revenue share of 35% by 2037, due to growing demand for oil and the number of refineries in the region.
The major players in the market are BASF SE, Albemarle Corporation, CLARIANT., Lummus Technology, Sinopec Corporation, Mitsubishi Heavy Industries, Ltd., SEKISUI Chemical CO., Ltd., Nippon Pionics Group, Electric Power Development Co., Ltd., Fukuoka Sanso Co., Ltd., and others.
