RESIDUE HYDRO DESULFURIZATION CATALYST MARKET ANALYSIS

Market Challenges And Opportunities

Restraints

Furthermore, rising exposure of harmful air particulates such as sulfur oxide, nitrogen oxide, and others are propelling the residue hydro desulfurization catalyst market. Such exposure might cause serious health implications and lead to deaths, across the globe. This residue hydro desulfurization process lowers down the content of sulfur and nitrogen oxide, which would reduce fuel emission from engines and vehicles. According to Our World in Data, in 2015, Saudi Arabia, and Egypt witnessed highest levels of exposure to such particulates at 105 µg/m3, while countries across Europe, Oceania, and North America had air particulate levels at 5-10µg/m3. Moreover, according to World Health Organization, about 3 million people across the globe died due to ambient air pollution in 2012.