Press release
FCC Catalyst and Additives Market to Witness Robust Expansion by 2024– Top Key players like BASF,CNPC,Sinopec,Inc.
This report focuses on the key global FCC Catalyst and Additives players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
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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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.
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.
Global FCC Catalyst and Additives market size will increase to 3254.8 Million US$ by 2025, from 2775.8 Million US$ in 2018, at a CAGR of 2.3% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for FCC Catalyst and Additives.
This report researches the worldwide FCC Catalyst and Additives market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
Market Segment by Manufacturers, this report covers
Grace Catalysts Technologies
BASF
Albemarle
Johnson Matthey
JGC C&C
Sinopec
CNPC
HCpect
Market Segment by Type, covers
FCC Catalyst
FCC Additives
Market Segment by Applications, can be divided into
Vacuum Gas Oil
Residue
Other
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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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