Press release
FCC Catalyst and Additives Market Size, Share, Development by 2024
To analyze the FCC Catalyst and Additives with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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https://www.globalinforesearch.com/global-fcc-catalyst-and-additives-market_p126956.html
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.
Scope of the Report:
FCC catalyst and additives are used in production of vacuum gas oil, residual, and others. Report data showed that 70.97% of the FCC catalyst and additives market demand in vacuum gas oil production, 17.15% in residue production, and 11.88% in others in 2018. With the development of economy, these industries will need more FCC catalyst and additives. So, FCC catalyst and additives have a huge market potential in the future.
The major raw materials for FCC catalyst and additives are sodium silicate, kaolin, sodium aluminate and others. Fluctuations in the price of the upstream product will impact on the production cost of FCC catalyst and additives, and then impact the price of FCC catalyst and additives.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status. Also, there will be fluctuation in gross margin.
The worldwide market for FCC Catalyst and Additives is expected to grow at a CAGR of roughly 2.2% over the next five years, will reach 3184.7 million US$ in 2024, from 2856.2 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the FCC Catalyst and Additives in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Grace Catalysts Technologies
BASF
Albemarle
Johnson Matthey
JGC C&C
Sinopec
CNPC
HCpect
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
FCC Catalyst
FCC Additives
Market Segment by Applications, can be divided into
Vacuum Gas Oil
Residue
Other
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-fcc-catalyst-and-additives-market_p126956.html
Related Information:
North America FCC Catalyst and Additives Market Growth 2019-2024
United States FCC Catalyst and Additives Market Growth 2019-2024
Asia-Pacific FCC Catalyst and Additives Market Growth 2019-2024
Europe FCC Catalyst and Additives Market Growth 2019-2024
EMEA FCC Catalyst and Additives Market Growth 2019-2024
Global FCC Catalyst and Additives Market Growth 2019-2024
China FCC Catalyst and Additives Market Growth 2019-2024
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