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The global FCC catalyst market attained a value of USD 2.86 billion in 2023. The FCC catalyst market is expected to grow at a CAGR of 4% during the forecast period of 2024-2032 to reach USD 4.08 billion by 2032.
The growing demand for valuable commodities such as gasoline, olefinic gases, and petroleum products are expected to complement the growth of the FCC catalyst industry.
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FCC is a form of secondary unit operation that mainly allows additional production of gasoline in processes of petroleum refining. This chemical process uses catalysts to transform heavy distillates into lighter ones that derive gasoline and diesel.
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The FCC catalyst market can be broadly categorised based on its process types, applications, and regions.
Process Type:
Application:
The EMR report looks into the regional FCC catalyst markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Most governments are increasingly investing in petroleum refining to meet the rising demand. The market for FCC catalyst is being aided by the rising investments into the industry, along with technical upgrading and the upgrading of existing equipment. It is expected that future plans for refinery expansion and development will add to the refining capacity, creating a greater demand for catalytic cracking processes, which will aid the FCC catalyst market. The regional disparity in the availability of petroleum is projected to improve refining operations worldwide, creating greater competition in the market.
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The report presents a detailed analysis of the following key players in the global FCC catalyst market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the FCC catalyst market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Process Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global FCC catalyst market attained a value of nearly USD 2.86 billion.
The market is projected to grow at a CAGR of 4% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 4.08 billion by 2032.
The major market drivers include the increasing demand for gasoline, olefinic gases, and petroleum products, growing government investments in petroleum refining sector, and upgradations of oil and gas refineries.
Technological advancements and the increasing demand for catalytic cracking processes are the key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Gasoline sulphur reduction, maximum light olefins conversion, maximum middle distillation, and maximum bottoms conversion, among others, are the leading FCC catalyst process types in the market.
The significant applications of the product are vacuum gas oil and residue, among others.
The major market players are BASF SE, W. R. Grace & Co.-Conn., Albemarle Corporation, Haldor Topsoe A/S, JGC Holdings Corporation, Sinopec Catalyst Co., Ltd., Royal Dutch Shell plc, China Petroleum & Chemical Corporation, Clariant AG and Others.
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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