The Hydrocracker Market: 125.2 billion USD by 2033

The global market for hydrocrackers, essential to the production of high-quality fuels, will reach 125.2 billion USD by 2033, driven by growing demand for cleaner energy.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The hydrocracker market is booming, driven by the growing need to transform heavy hydrocarbons into lighter, cleaner refined products.
A key technology in the refining industry, hydrocrackers help to meet environmental regulations while optimizing the production of fuels such as diesel and jet fuel.
Refineries are increasingly adopting these units to maximize the yield of high-value-added products, particularly in regions where demand for low-sulfur fuels is rising sharply.
The hydrocracking process, which is more complex than traditional methods, is now indispensable for producing fuels that comply with stringent emission reduction standards.
Developments in associated technologies, notably catalysts, have significantly improved the efficiency of hydrocracking units, reducing operating costs and boosting the competitiveness of refineries on the world market.

Strategic investments to support growth

North America stands out as the most dynamic market, with sustained investment in refining infrastructure.
In the United States, the modernization of refineries largely includes the integration of advanced hydrocracking technologies, in response to the growing demand for clean fuels.
These investments are essential to maintain the competitiveness of our facilities in the face of market and regulatory demands.
At the same time, Asia, and India in particular, has seen a significant increase in refining capacity, strengthening its position on the world market.
The integration of cutting-edge technologies in new facilities is enabling these countries to meet the growing demand for fuels while complying with international standards for reducing CO2 emissions.

Technological Challenges and Sector Outlook

Technological advances play a crucial role in the expansion of the hydrocracker market.
Innovations in processes and catalysts are maximizing unit efficiency, reducing costs while increasing the production of high-quality refined products.
These improvements are particularly important at a time when fluctuating crude oil prices and geopolitical uncertainties require rigorous management of costs and resources.
Major market players such as Shell plc, Exxon Mobil Corporation and Chevron Lummus Global continue to develop and implement expansion and innovation strategies.
These companies are investing heavily in research and development to maintain their technological lead and meet the needs of a constantly evolving market.
The ability to produce cleaner fuels while optimizing production costs will be decisive for the sector’s future growth.

The Iraqi Prime Minister met with the founder of Lukoil to secure continued operations at the giant West Qurna-2 oil field, in response to recent US-imposed sanctions.
The sustained rise in consumption of high-octane gasoline pushes Pertamina to supplement domestic supply with new imported cargoes to stabilise stock levels.
Canadian group CRR acquires a strategic 53-kilometre road network north of Slave Lake from Islander Oil & Gas to support oil development in the Clearwater region.
Kazakhstan’s energy minister dismissed any ongoing talks between the government and Lukoil regarding the potential purchase of its domestic assets, despite earlier comments from a KazMunayGas executive.
OPEC and the Gas Exporting Countries Forum warn that chronic underinvestment could lead to lasting supply tensions in oil and gas, as demand continues to grow.
A national barometer shows that 62% of Norwegians support maintaining the current level of hydrocarbon exploration, confirming an upward trend in a sector central to the country’s economy.
ShaMaran has shipped a first cargo of crude oil from Ceyhan, marking the implementation of the in-kind payment mechanism established between Baghdad, Erbil, and international oil companies following the partial resumption of exports through the Iraq–Türkiye pipeline.
Norwegian group TGS begins Phase I of its multi-client seismic survey in the Pelotas Basin, covering 21 offshore blocks in southern Brazil, with support from industry funding.
Indonesian group Chandra Asri receives a $750mn tailor-made funding from KKR for the acquisition of the Esso network in Singapore, strengthening its position in the fuel retail sector.
Tethys Petroleum posted a net profit of $1.4mn in Q3 2025, driven by a 33% increase in hydrocarbon sales and rising oil output.
Serbia considers emergency options to avoid the confiscation of Russian stakes in NIS, targeted by US sanctions, as President Vucic pledges a definitive decision within one week.
Enbridge commits $1.4bn to expand capacity on its Mainline network and Flanagan South pipeline, aiming to streamline the flow of Canadian crude to US Midwest and Gulf Coast refineries.
The Peruvian state has tightened its grip on Petroperu with an emergency board reshuffle to secure the Talara refinery, fuel supply and the revival of Amazon oil fields.
Sofia appoints an administrator to manage Lukoil’s Bulgarian assets ahead of upcoming US sanctions, ensuring continued operations at the Balkans’ largest refinery.
The United States rejected Serbia’s proposal to ease sanctions on NIS, conditioning any relief on the complete withdrawal of Russian shareholders.
The International Energy Agency expects a surplus of crude oil by 2026, with supply exceeding global demand by 4 million barrels per day due to increased production within and outside OPEC+.
Cenovus Energy has completed the acquisition of MEG Energy, adding 110,000 barrels per day of production and strengthening its position in Canadian oil sands.
The International Energy Agency’s “Current Policies Scenario” anticipates growing oil demand through 2050, undermining net-zero pathways and intensifying investment uncertainty globally.
Saudi Aramco cuts its official selling price for Arab Light crude in Asia, responding to Brent-Dubai spread pressure and potential impact of US sanctions on Russian oil.
The removal of two Brazilian refiners and Petrobras’ pricing offensive reshuffle spot volumes around Santos and Paranaguá, shifting competition ahead of a planned tax increase in early 2026.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.