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FCC Catalyst Market Growing at 0.30% CAGR Will Hit 2020 Million US$ in 2025

 

Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- 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.

The FCC Catalysts are stable off-white, light yellow or yellow powders. They have a negligible solubility in water. They are composed of zeolite, silica, alumina, clay and binder. Almost always the zeolites contained in the FCC catalyst are rare earth, predominantly lanthanum compound. Additionally, some additives may contain magnesium oxide, platinum, or other application specific chemicals.

Currently, the FCC catalyst market is highly mature and mainly occupied by several global leading catalyst and refinery companies. The leading suppliers are Grace Catalysts Technologies, BASF, Albemarle and Sinopec, which takes a combined market share of 76.78% in 2016 in terms of sales volume. Also, some well-known technology suppliers and licensers are active in the market, companies including Johnson Matthey.

The global FCC Catalyst market was 1980 million US$ in 2018 and is expected to 2020 million US$ by the end of 2025, growing at a CAGR of 0.3% between 2019 and 2025.

This report studies the FCC Catalyst market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of FCC Catalyst in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Grace Catalysts Technologies

BASF

Albemarle

Johnson Matthey (Interact)

JGC C&C

Sinopec

CNPC

Yueyang Sciensun Chemical

By the product type, the market is primarily split into

Gasoline Sulfur Reduction

Maximum Light Olefins

Maximum Middle Distillates

Maximum Bottoms Conversion

Other

By the end users/application, this report covers the following segments

Vacuum Gas Oil

Residue

Other

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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