Fluid Catalytic Cracking Market by Catalyst Type (Binder, Filler, Lanthanum Oxide), Design (Side-by-Side, Stacked), End-User - Global Forecast 2024-2030


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Fluid Catalytic Cracking Market by Catalyst Type (Binder, Filler, Lanthanum Oxide), Design (Side-by-Side, Stacked), End-User - Global Forecast 2024-2030


The Fluid Catalytic Cracking Market size was estimated at USD 9.74 billion in 2023 and expected to reach USD 10.16 billion in 2024, at a CAGR 4.39% to reach USD 13.16 billion by 2030.

Global Fluid Catalytic Cracking MarketThe Fluid Catalytic Cracking (FCC) market comprises the sale and distribution of FCC technologies, services, and related catalytic materials used to convert heavy crude oil fractions into lighter hydrocarbon products, primarily gasoline and diesel. The rising demand for cleaner fuels and the development of superior catalysts that offer improved yields and selectivity drive market growth. The need for domestic fuel sources has prompted countries to enhance their oil refining capacities, augmenting the demand for FCC units. However, the scale and complexity of FCC units demand significant capital investment and may limit the market demand for fluid catalytic cracking. FCC units require continuous operation and maintenance, necessitating skilled labor and leading to potential downtime risks. Also, fluctuations in crude oil market prices can impact profit margins and demand for refinery products, affecting the FCC market. Moreover, FCC units can be optimized to produce fuels and valuable petrochemicals, opening avenues in the olefins market. The technological improvements allow FCC to process bio-feedstocks, creating substantial opportunities in the biofuels sector.Regional InsightsIn the Asia Pacific region, the developing economies, including China, Japan, and India, have seen a surge in demand for petroleum products owing to industrial growth and an increase in vehicle ownership, leading to a substantial need for fluid catalytic cracking (FCC) technology to enhance refining capacity. In the Americas, the United States is a leading country in the FCC market with substantial investments and advanced technological infrastructure. The recent initiatives in the Americas focus on agility and adaptability in refiner operations to address the fluctuating crude oil market, alongside stringent environmental regulations pushing for cleaner fuel standards and more efficient operations. In the EMEA region, the European Union (EU) countries maintain a steady demand for FCC processes to produce transportation fuels despite a strong push towards renewable energy sources. The increasing investment in research and development is notable in the EU for the improvement of FCC catalysts that minimize environmental impact. As a significant exporter of crude oil in the Middle East region, several countries are investing heavily in refining and petrochemicals, utilizing FCC as a conversion process to maximize profit from the production of higher-value products.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Fluid Catalytic Cracking Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Fluid Catalytic Cracking Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Fluid Catalytic Cracking Market, highlighting leading vendors and their innovative profiles. These include Albemarle Corporation, Arkema S.A., Axens Group, BASF SE, CECO Environmental Corporation, Clariant AG, Evonik Industries AG, ExxonMobil Corporation, Fluor Corporation, Honeywell International, Inc., JGC C&C, Johnson Matthey PLC, KBR Inc., Linde PLC, Magma Group, McDermott International, PJSC Lukoil Oil, RMS Engineering, Inc., Shell PLC, Sinopec, Stress Engineering Services, Inc., Sulzer Ltd., Topsoe A/S, W. R. Grace & Co. by Standard Industries Holdings Inc., and Zeolyst International.

Market Segmentation & Coverage

This research report categorizes the Fluid Catalytic Cracking Market to forecast the revenues and analyze trends in each of the following sub-markets:

Catalyst Type
Binder
Filler
Lanthanum Oxide
Matrix
Zeolite
Design
Side-by-Side
Stacked
End-User
Oil & Gas
Petrochemical Plants
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Fluid Catalytic Cracking Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Fluid Catalytic Cracking Market?
3. What are the technology trends and regulatory frameworks in the Fluid Catalytic Cracking Market?
4. What is the market share of the leading vendors in the Fluid Catalytic Cracking Market?
5. Which modes and strategic moves are suitable for entering the Fluid Catalytic Cracking Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Fluid Catalytic Cracking Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising global energy demand and need for refined petroleum products
5.1.1.2. Potential of processing renewable and waste-based feedstocks with FCC
5.1.2. Restraints
5.1.2.1. Environmental impacts of FCC technology utilization
5.1.3. Opportunities
5.1.3.1. Ongoing advancements in FCC technology and materials
5.1.3.2. Increasing emphasis on sustainable management of spent fluid catalytic cracking
5.1.4. Challenges
5.1.4.1. Complexities associated with managing FCC units
5.2. Market Segmentation Analysis
5.2.1. Catalyst Type: Advancements in catalyst types to enhance properties
5.2.2. Design: Configuration in designs for optimum performance of FCC process
5.2.3. End-User: Petroleum refineries implement FCC catalyst technology for improved FCC efficiency and lower sulfur emissions
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Fluid Catalytic Cracking Market, by Catalyst Type
6.1. Introduction
6.2. Binder
6.3. Filler
6.4. Lanthanum Oxide
6.5. Matrix
6.6. Zeolite
7. Fluid Catalytic Cracking Market, by Design
7.1. Introduction
7.2. Side-by-Side
7.3. Stacked
8. Fluid Catalytic Cracking Market, by End-User
8.1. Introduction
8.2. Oil & Gas
8.3. Petrochemical Plants
9. Americas Fluid Catalytic Cracking Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Fluid Catalytic Cracking Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Fluid Catalytic Cracking Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. RMS To Acquire Hot Gas Expander Product Line From Siemens Energy
12.3.2. New Product Launch & Enhancement
12.3.2.1. Grace Launches PARAGON FCC Catalyst Technology For More Sustainably Produced Fuels
12.3.2.2. Albemarle Announces Launch Of Ketjen Corporation
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Albemarle Corporation
13.1.2. Arkema S.A.
13.1.3. Axens Group
13.1.4. BASF SE
13.1.5. CECO Environmental Corporation
13.1.6. Clariant AG
13.1.7. Evonik Industries AG
13.1.8. ExxonMobil Corporation
13.1.9. Fluor Corporation
13.1.10. Honeywell International, Inc.
13.1.11. JGC C&C
13.1.12. Johnson Matthey PLC
13.1.13. KBR Inc.
13.1.14. Linde PLC
13.1.15. Magma Group
13.1.16. McDermott International
13.1.17. PJSC Lukoil Oil
13.1.18. RMS Engineering, Inc.
13.1.19. Shell PLC
13.1.20. Sinopec
13.1.21. Stress Engineering Services, Inc.
13.1.22. Sulzer Ltd.
13.1.23. Topsoe A/S
13.1.24. W. R. Grace & Co. by Standard Industries Holdings Inc.
13.1.25. Zeolyst International
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. FLUID CATALYTIC CRACKING MARKET RESEARCH PROCESS
FIGURE 2. FLUID CATALYTIC CRACKING MARKET SIZE, 2023 VS 2030
FIGURE 3. FLUID CATALYTIC CRACKING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FLUID CATALYTIC CRACKING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FLUID CATALYTIC CRACKING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FLUID CATALYTIC CRACKING MARKET DYNAMICS
FIGURE 7. FLUID CATALYTIC CRACKING MARKET SIZE, BY CATALYST TYPE, 2023 VS 2030 (%)
FIGURE 8. FLUID CATALYTIC CRACKING MARKET SIZE, BY CATALYST TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FLUID CATALYTIC CRACKING MARKET SIZE, BY DESIGN, 2023 VS 2030 (%)
FIGURE 10. FLUID CATALYTIC CRACKING MARKET SIZE, BY DESIGN, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. FLUID CATALYTIC CRACKING MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. FLUID CATALYTIC CRACKING MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS FLUID CATALYTIC CRACKING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS FLUID CATALYTIC CRACKING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES FLUID CATALYTIC CRACKING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES FLUID CATALYTIC CRACKING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC FLUID CATALYTIC CRACKING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC FLUID CATALYTIC CRACKING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA FLUID CATALYTIC CRACKING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA FLUID CATALYTIC CRACKING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. FLUID CATALYTIC CRACKING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. FLUID CATALYTIC CRACKING MARKET SHARE, BY KEY PLAYER, 2023

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