Global Reforming Unit Market: OverviewReforming unit, also known as thermal reformer, helps run a catalytic process that converts low octane naphthas into higher octane reformed products.
With the growing environmental concerns, the demand for higher octane reformates for gasoline blending and hydrogen for other refinery operations is escalating in order to meet the requirements for clean fuels.
The other products of reforming are light gases and high-octane gasoline blended component called reformate.
Consequently, the global market for reforming unit is projected for a healthy growth rate during the forecast period of 2016 to 2024.This report on global reforming unit market is an in-depth analysis of all the major factors that are expected to influence the demand over the course of next few years.
The global reforming unit market can be segmented on the basis of reforming process, into thermal and catalytic reforming.Global Reforming Unit Market: Drivers and RestraintsIncreased demand for high-octane gasoline and hydrogen gas as byproduct, are two of the primary driver for this market, besides the increased efforts of several governments for clean energy.
On the other hand, the market is restrained by the challenge of maintaining the heater outlet temperature of the reactors, which is essential to ensure the quality of the end-products.