FCC Catalyst Global Market Report 2024

Description

“FCC Catalyst Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on fcc catalyst market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for fcc catalyst? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The fcc catalyst market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Product: Gasoline Sulfur Reduction; Maximum Bottoms Conversion; Maximum Light Olefins; Maximum Middle Distillates; Other Products
2) By Application: Residue; Vacuum Gas Oil; Other Applications
3) By End-User: Refinery; Environmental; Other End-Users
Companies Mentioned: Axens SA; N.E. Chemcat; Porocel Corporation; Yueyang Sciensun Chemical Co. Ltd.; DuPont de Nemours Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Fluid catalytic cracking (FCC) is a crucial processing unit in oil refineries designed to enhance gasoline production during the refining process. This chemical process involves breaking down long-chain hydrocarbons into shorter-chain hydrocarbons using heat and a catalyst. The FCC catalyst facilitates a faster chemical reaction, reducing the activation energy required for the petroleum refining process.

The primary products derived from FCC catalyst applications include gasoline sulfur reduction, maximum bottoms conversion, maximum light olefins, maximum middle distillates, and others. Gasoline sulfur reduction focuses on reducing sulfur content, a naturally occurring substance in crude oil unless removed. These catalysts find applications in various processes such as residue, vacuum gas oil, and others, catering to the needs of refineries, environmental considerations, and other end-users.

The FCC catalyst market research report is one of a series of new reports from The Business Research Company that provides FCC catalyst market statistics, including the FCC catalyst industry global market size, regional shares, competitors with a FCC catalyst market share, detailed FCC catalyst market segments, market trends, and opportunities, and any further data you may need to thrive in the FCC catalyst industry. This FCC catalyst market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fcc catalyst market size has grown strongly in recent years. It will grow from $2.75 billion in 2023 to $2.91 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The expansion in historical performance can be attributed to the increase in global refining capacity, the global shift towards processing heavy crude, emphasis on yield improvement, growing demand for petrochemicals, globalization of refining operations, and a focus on enhancing energy efficiency.

The fcc catalyst market size is expected to see strong growth in the next few years. It will grow to $3.61 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The anticipated growth in the forecast period can be attributed to the rising complexity in feedstocks, the shift to sustainable catalysts, a focus on residue upgrading, optimization for propylene production, and market penetration in developing regions. Major trends expected in the forecast period include the integration of artificial intelligence, enhanced catalyst regeneration technologies, collaborative efforts for research and development, digitalization, and process optimization, along with the adoption of bottom-of-the-barrel technologies.

The expansion in demand for petroleum-based products is a driving force behind the growth of FCC (Fluid Catalytic Cracking) catalysts in the foreseeable future. Petroleum products encompass a complex assortment derived from crude oil and exhibit analogous physical and chemical traits. FCC catalysts accelerate chemical reactions, effectively reducing the activation energy in the petroleum refining process. These catalyst solutions are integral in converting high-boiling, heavy hydrocarbon fractions of crude oils into valuable petroleum derivatives, including gasoline, olefinic gases, and various other products. For example, as of November 2021, the United States produced over 11.8 million barrels per day of crude oil, underscoring the surging demand for petroleum-based outputs that drive the FCC catalyst market.

The escalating demand for energy is poised to act as a catalyst for the expansion of the FCC catalyst market in the coming years. Energy demand refers to the requisite quantity of energy needed to fulfill the requirements of specific systems, regions, industries, or societies within a defined period. FCC catalysts play a pivotal role in meeting this demand by facilitating the efficient conversion of heavy hydrocarbons into crucial fuels such as gasoline and diesel. In the United States, for instance, as of April 2023, electricity consumption saw a notable 2.6% increase in 2022 compared to the previous year. This uptick encompassed retail electricity sales to residential and commercial sectors, showcasing a substantial rise, while the industrial sector also experienced a modest increase. Therefore, the mounting energy demand is a significant driver fueling the growth of the FCC catalyst market.

Technological advancements represent a prominent trend gaining ground within the FCC catalyst market. Major players in the fluid catalytic cracking sector are intensively focused on technological innovations to maintain their market standing and are launching cutting-edge technologies to enhance their product portfolios. For example, in March 2022, BASF, a German-based company specializing in fluid catalytic cracking catalysts and systems for refinery applications, introduced Fortitude. This novel FCC catalyst, built upon BASF's multiple framework topologies (MFT) technology, is tailored to optimize the production of butylenes from residue feedstocks while preserving exceptional catalyst activity and superior selectivity.

Major players in the FCC catalyst market are intensifying their focus on introducing cutting-edge catalyst technologies such as PARAGON FCC Catalyst Technology to gain a competitive advantage. This innovative solution, exemplified by W. R. Grace and Co.'s recent launch in October 2023, enhances the efficiency and performance of fluid catalytic cracking processes in the oil and gas industry. The PARAGON technology aids FCC operators in achieving higher fuel yields per unit of CO2 emissions from their FCC units. It offers a range of benefits, including expanding operational parameters, enabling greater flexibility in processing various feedstocks for increased profitability, and optimizing the conversion of feedstocks while maintaining consistent coke yields. Ultimately, this technology enables more sustainable production of fuels, aligning with industry goals for improved environmental impact and enhanced operational efficiency.

In September 2021, Standard Industries Holdings, a U.S.-based manufacturer of performance materials, successfully completed the acquisition of W. R. Grace & Co. for a total transaction value of $7 billion. This acquisition involved a definitive agreement where Standard Industries Holdings agreed to pay $70 in cash per share for all outstanding shares of Grace common stock. Following the transaction, W. R. Grace & Co. transitioned into a privately held entity, operating autonomously within the framework of Standard Industries. W. R. Grace & Co. is a prominent U.S.-based chemical company known for its operations in the FCC catalysts market.

Major companies operating in the fcc catalyst market report are Axens SA, N.E. Chemcat, Porocel Corporation, Yueyang Sciensun Chemical Co. Ltd., DuPont de Nemours Inc., Magma Ceramics & Catalysts, Albemarle Corporation, W.R. Grace Company, Johnson Matthey, Flour Corporation, Shell plc, Honeywell International Inc., Exxon Mobil Corporation, McDermott International Ltd, Arkema S.A., BASF SE, Sinopec Corporation, China National Petroleum Corporation, Clariant AG, Haldor Topsoe, JGC C&C, Zeolyst International, Versalis, Nanjing Lantian Chemical, Jilin Petrochemical Company, Qingdao Huadong Catalytic Agent Co. Ltd., Fushun Shuntian Petrochemical, Rive Technology, Wuxi Xuelang Chemical Technology, Ecopetrol S.A., Nippon Ketjen Co. Ltd., Sumitomo Chemical Co. Ltd., Universal Oil Products, Johnson Matthey Davy Technologies, PetroChina Catalyst Company, Shell Catalysts & Technologies, Grace Catalysts Technologies .

Asia-Pacific was the largest region in the FCC catalyst market in 2023. The regions covered in the fcc catalyst market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the fcc catalyst market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fluid catalytic cracking (FCC) catalyst market consists of sales of crystalline zeolite, matrix, filler, and binder. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10942

1. Executive Summary

2. FCC Catalyst Market Characteristics

3. FCC Catalyst Market Trends And Strategies

4. FCC Catalyst Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global FCC Catalyst Market Size and Growth

5.1. Global FCC Catalyst Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global FCC Catalyst Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global FCC Catalyst Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. FCC Catalyst Market Segmentation

6.1. Global FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Gasoline Sulfur Reduction
Maximum Bottoms Conversion
Maximum Light Olefins
Maximum Middle Distillates
Other Products
6.2. Global FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residue
Vacuum Gas Oil
Other Applications
6.3. Global FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Refinery
Environmental
Other End-Users

7. FCC Catalyst Market Regional And Country Analysis

7.1. Global FCC Catalyst Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global FCC Catalyst Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific FCC Catalyst Market

8.1. Asia-Pacific FCC Catalyst Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China FCC Catalyst Market

9.1. China FCC Catalyst Market Overview
9.2. China FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India FCC Catalyst Market

10.1. India FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan FCC Catalyst Market

11.1. Japan FCC Catalyst Market Overview
11.2. Japan FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia FCC Catalyst Market

12.1. Australia FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia FCC Catalyst Market

13.1. Indonesia FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea FCC Catalyst Market

14.1. South Korea FCC Catalyst Market Overview
14.2. South Korea FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe FCC Catalyst Market

15.1. Western Europe FCC Catalyst Market Overview
15.2. Western Europe FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK FCC Catalyst Market

16.1. UK FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany FCC Catalyst Market

17.1. Germany FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France FCC Catalyst Market

18.1. France FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy FCC Catalyst Market

19.1. Italy FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain FCC Catalyst Market

20.1. Spain FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe FCC Catalyst Market

21.1. Eastern Europe FCC Catalyst Market Overview
21.2. Eastern Europe FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia FCC Catalyst Market

22.1. Russia FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America FCC Catalyst Market

23.1. North America FCC Catalyst Market Overview
23.2. North America FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA FCC Catalyst Market

24.1. USA FCC Catalyst Market Overview
24.2. USA FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada FCC Catalyst Market

25.1. Canada FCC Catalyst Market Overview
25.2. Canada FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America FCC Catalyst Market

26.1. South America FCC Catalyst Market Overview
26.2. South America FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil FCC Catalyst Market

27.1. Brazil FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East FCC Catalyst Market

28.1. Middle East FCC Catalyst Market Overview
28.2. Middle East FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa FCC Catalyst Market

29.1. Africa FCC Catalyst Market Overview
29.2. Africa FCC Catalyst Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa FCC Catalyst Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa FCC Catalyst Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. FCC Catalyst Market Competitive Landscape And Company Profiles

30.1. FCC Catalyst Market Competitive Landscape
30.2. FCC Catalyst Market Company Profiles
- 30.2.1. Axens SA
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. N.E. Chemcat
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Porocel Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Yueyang Sciensun Chemical Co. Ltd.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. DuPont de Nemours Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global FCC Catalyst Market Competitive Benchmarking

32. Global FCC Catalyst Market Competitive Dashboard

33. Key Mergers And Acquisitions In The FCC Catalyst Market

34. FCC Catalyst Market Future Outlook and Potential Analysis

34.1 FCC Catalyst Market In 2028 - Countries Offering Most New Opportunities
34.2 FCC Catalyst Market In 2028 - Segments Offering Most New Opportunities
34.3 FCC Catalyst Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer