Global FCC Catalyst Market Growth 2023-2029

Global FCC Catalyst Market Growth 2023-2029

Fluid catalytic cracking (FCC) is one of the most important conversion processes used in petroleum refineries. It is widely used to convert the high-boiling, high-molecular weight hydrocarbon fractions of petroleum crude oils into more valuable gasoline, olefinic gases, and other products.
LPI (LP Information)' newest research report, the “FCC Catalyst Industry Forecast” looks at past sales and reviews total world FCC Catalyst sales in 2022, providing a comprehensive analysis by region and market sector of projected FCC Catalyst sales for 2023 through 2029. With FCC Catalyst sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world FCC Catalyst industry.
This Insight Report provides a comprehensive analysis of the global FCC Catalyst landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on FCC Catalyst portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global FCC Catalyst market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for FCC Catalyst and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global FCC Catalyst.
The global FCC Catalyst market size is projected to grow from US$ 2639.9 million in 2022 to US$ 3153.7 million in 2029; it is expected to grow at a CAGR of 3153.7 from 2023 to 2029.
Global key players of FCC catalyst include Grace Catalysts Technologies, BASF, Albemarle, Sinopec and JGC C&C, etc. Top 2 players occupy for a share about 50%. USA is the largest market, with a share about 45%, followed by China and Europe. In terms of product, maximum light olefins is the largest segment, with a share over 25%. In terms of application, vacuum gas oil is the largest market, with a share over 40%.
This report presents a comprehensive overview, market shares, and growth opportunities of FCC Catalyst market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Gasoline Sulfur Reduction
Maximum Light Olefins
Maximum Middle Distillates
Maximum Bottoms Conversion
Other
Segmentation by application
Vacuum Gas Oil
Residue
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Grace Catalysts Technologies
BASF
Albemarle
JGC C&C
Sinopec
CNPC
Hcpect
Yueyang Sciensun Chemical
Rezel Catalysts Corporation
Key Questions Addressed in this Report
What is the 10-year outlook for the global FCC Catalyst market?
What factors are driving FCC Catalyst market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do FCC Catalyst market opportunities vary by end market size?
How does FCC Catalyst break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.