Market Overview:
The global Fluidized-Bed Catalytic Cracking Catalyst market is expected to grow from USD 1.5 billion in 2018 to USD 2.4 billion by 2030, at a CAGR of 5.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for gasoline sulfur reduction, maximum light olefins, and maximum middle distillates catalysts across the globe. In addition, the growing demand for vacuum gas oil and residue catalysts is also contributing to the growth of this market.
Product Definition:
A fluidized-bed catalytic cracking catalyst is a material used to facilitate the conversion of heavy hydrocarbons into lighter, more valuable products. The importance of fluidized-bed catalytic cracking catalyst lies in its ability to convert large molecules into smaller, more useful ones.
Gasoline Sulfur Reduction:
Gasoline sulfur reduction is a process to remove the sulfur from gasoline. It reduces the overall fuel cost by reducing or eliminating the need for additional hydrogen treatment, which results in reduced feed costs and increased profit margins for oil companies. The technology has been around since at least World War II, but it gained prominence with increasing environmental regulations on refineries and growing demand for low-sulfur fuels in countries such as Japan, India, Germany and France.
Maximum Light Olefins:
Light olefins are a group of hydrocarbons with chain lengths ranging from C5 to C30. They are mostly used as an alternative to heavier olefins in the production of polymers and co-polymers. The growth of light olefin industry is directly related to the growth in global polymer manufacturing, which is driven by increasing demand for plastics across various end-use industries such as automotive, packaging, consumer goods etc.
Application Insights:
The vacuum gas oil application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for VGO from various sectors, including power generation, automotive and aviation fuel among others.
Vacuum gas oil residua are used as feedstock for producing high-quality diesel and gasoline which are further utilized by several industries including power generation, automotive & aviation fuel among others on a commercial scale owing to their low cost as well as higher efficiency compared to other fossil fuels such as coal or coke. Fluidized-bed catalytic cracking process reduces the sulfur content in VGO byproduct which enables its utilization in numerous applications thereby driving its demand globally over the coming years.
Regional Analysis:
North America accounted for the largest share of over 35% in 2017. The region is expected to witness a considerable growth rate of 4.6% from 2018 to 2030 owing to the presence of numerous refineries and petrochemical plants across U.S., which require catalysts for processing heavy crude oil feedstock into gasoline and other distillates, olefins, aromatics, and resins.
Asia Pacific is anticipated to be one of the fastest-growing regional markets during the forecast period on account of increasing number or Chevron Phillips Chemical Co., Ltd.; Sinopec; PTT Public Company Limited; Sibur Holding BV; Saudi Basic Industries Corporation (SABIC); Mocal Energy & Chemicals Sdn Bhd.; Lanxess Aromatic Resins GmbH & Co.; CNOOC Limited; Kishida Chemicals Industry Co Ltd.
Growth Factors:
- Increasing demand for gasoline and diesel fuel from transportation sector
- Growing population and rising income levels in developing countries
- Stringent environmental regulations for emissions control
- Development of new and improved catalytic cracking catalyst technologies
- Expansion of refinery capacity in emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Fluidized-Bed Catalytic Cracking Catalyst Market Research Report
By Type
Gasoline Sulfur Reduction, Maximum Light Olefins, Maximum Middle Distillates, Maximum Bottoms Conversion, Other
By Application
Vacuum Gas Oil, Residue, Other
By Companies
Grace Catalysts Technologies, BASF, Albemarle, Johnson Matthey, JGC C&C, Sinopec, CNPC, Yueyang Sciensun Chemical, HCpect, Grace Catalysts Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Fluidized-Bed Catalytic Cracking Catalyst Market Report Segments:
The global Fluidized-Bed Catalytic Cracking Catalyst market is segmented on the basis of:
Types
Gasoline Sulfur Reduction, Maximum Light Olefins, Maximum Middle Distillates, Maximum Bottoms Conversion, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vacuum Gas Oil, Residue, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Grace Catalysts Technologies
- BASF
- Albemarle
- Johnson Matthey
- JGC C&C
- Sinopec
- CNPC
- Yueyang Sciensun Chemical
- HCpect
- Grace Catalysts Technologies
Highlights of The Fluidized-Bed Catalytic Cracking Catalyst Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gasoline Sulfur Reduction
- Maximum Light Olefins
- Maximum Middle Distillates
- Maximum Bottoms Conversion
- Other
- By Application:
- Vacuum Gas Oil
- Residue
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fluidized-Bed Catalytic Cracking Catalyst Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fluidized-bed catalytic cracking catalyst is a type of catalyst used in the production of gasoline, diesel fuel, and other petroleum products. It is a fine powder that is mixed with an oil or gas stream before being injected into the cracker. The fluidized bed helps to break down the hydrocarbons into smaller molecules so they can be burned more easily.
Some of the major players in the fluidized-bed catalytic cracking catalyst market are Grace Catalysts Technologies, BASF, Albemarle, Johnson Matthey, JGC C&C, Sinopec, CNPC, Yueyang Sciensun Chemical, HCpect, Grace Catalysts Technologies.
The fluidized-bed catalytic cracking catalyst market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fluidized-Bed Catalytic Cracking Catalyst Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fluidized-Bed Catalytic Cracking Catalyst Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fluidized-Bed Catalytic Cracking Catalyst Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fluidized-Bed Catalytic Cracking Catalyst Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fluidized-Bed Catalytic Cracking Catalyst Market Size & Forecast, 2018-2028
4.5.1 Fluidized-Bed Catalytic Cracking Catalyst Market Size and Y-o-Y Growth
4.5.2 Fluidized-Bed Catalytic Cracking Catalyst Market Absolute $ Opportunity
Chapter 5 Global Fluidized-Bed Catalytic Cracking Catalyst Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Type
5.2.1 Gasoline Sulfur Reduction
5.2.2 Maximum Light Olefins
5.2.3 Maximum Middle Distillates
5.2.4 Maximum Bottoms Conversion
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fluidized-Bed Catalytic Cracking Catalyst Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Applications
6.2.1 Vacuum Gas Oil
6.2.2 Residue
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fluidized-Bed Catalytic Cracking Catalyst Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fluidized-Bed Catalytic Cracking Catalyst Analysis and Forecast
9.1 Introduction
9.2 North America Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Type
9.6.1 Gasoline Sulfur Reduction
9.6.2 Maximum Light Olefins
9.6.3 Maximum Middle Distillates
9.6.4 Maximum Bottoms Conversion
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Applications
9.10.1 Vacuum Gas Oil
9.10.2 Residue
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fluidized-Bed Catalytic Cracking Catalyst Analysis and Forecast
10.1 Introduction
10.2 Europe Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Type
10.6.1 Gasoline Sulfur Reduction
10.6.2 Maximum Light Olefins
10.6.3 Maximum Middle Distillates
10.6.4 Maximum Bottoms Conversion
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Applications
10.10.1 Vacuum Gas Oil
10.10.2 Residue
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fluidized-Bed Catalytic Cracking Catalyst Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Type
11.6.1 Gasoline Sulfur Reduction
11.6.2 Maximum Light Olefins
11.6.3 Maximum Middle Distillates
11.6.4 Maximum Bottoms Conversion
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Applications
11.10.1 Vacuum Gas Oil
11.10.2 Residue
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fluidized-Bed Catalytic Cracking Catalyst Analysis and Forecast
12.1 Introduction
12.2 Latin America Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Type
12.6.1 Gasoline Sulfur Reduction
12.6.2 Maximum Light Olefins
12.6.3 Maximum Middle Distillates
12.6.4 Maximum Bottoms Conversion
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Applications
12.10.1 Vacuum Gas Oil
12.10.2 Residue
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fluidized-Bed Catalytic Cracking Catalyst Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Type
13.6.1 Gasoline Sulfur Reduction
13.6.2 Maximum Light Olefins
13.6.3 Maximum Middle Distillates
13.6.4 Maximum Bottoms Conversion
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fluidized-Bed Catalytic Cracking Catalyst Market Size Forecast by Applications
13.10.1 Vacuum Gas Oil
13.10.2 Residue
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fluidized-Bed Catalytic Cracking Catalyst Market: Competitive Dashboard
14.2 Global Fluidized-Bed Catalytic Cracking Catalyst Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Grace Catalysts Technologies
14.3.2 BASF
14.3.3 Albemarle
14.3.4 Johnson Matthey
14.3.5 JGC C&C
14.3.6 Sinopec
14.3.7 CNPC
14.3.8 Yueyang Sciensun Chemical
14.3.9 HCpect
14.3.10 Grace Catalysts Technologies
