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Catalyst Handling Services Market worth $620 million by 2025 - Exclusive Report by MarketsandMarkets "Catalyst Handling Services Market by Service Type (Loading/Unloading, Screening, Transport), End-use Industry (Petroleum Refining, Petrochemical), Region (North America, APAC, Europe, Middle East & Africa, South America) - Global Forecast to 2025", published by MarketsandMarkets, the global Catalyst Handling Services Market size is projected to reach USD 620 million by 2025 from USD 510 million in 2020, at a CAGR of 4.0% during the forecast period. Download PDF Brochure: https://www.markets...

The demand for catalyst handling services in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in industrial activities. Increasing consumption of petrochemical products is also driving the market. Increasing demand for electric vehicles and reduction in capex by oil & gas companies are major restraining factors for the market. However, incorporation of new technologies such as robotics and automation in catalyst handling along with increasing demand for biofuels are opportunities for the market. On the other hand, decreasing demand for oil due to Cov...