The FCC catalyst market size has grown strongly in recent years. It will grow from $2.89 billion in 2024 to $3.06 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to growth in global refining capacity, global shift towards heavy crude processing, focus on yield improvement, increasing demand for petrochemicals, globalization of refining operations, focus on energy efficiency.
The FCC catalyst market size is expected to see strong growth in the next few years. It will grow to $3.77 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to increasing complexity in feedstocks, transition to sustainable catalysts, focus on residue upgrading, optimization for propylene production, market penetration in developing regions. Major trends in the forecast period include integration of artificial intelligence, enhanced catalyst regeneration technologies, collaboration for research and development, digitalization and process optimization, adoption of bottom-of-the-barrel technologies.
The increasing demand for petroleum-based products is fueling the growth of fluid catalytic cracking (FCC) catalysts in the coming years. Petroleum products are derived from crude oil and possess similar physical and chemical properties. FCC catalysts enhance the rate of chemical reactions by reducing activation energy during the petroleum refining process. These catalysts are essential for converting high-boiling, high-molecular-weight hydrocarbon fractions from crude oil into valuable products such as olefinic gases, gasoline, and others. For example, in August 2023, the Energy Information Administration, a U.S. government agency, reported that total petroleum consumption in the U.S. averaged approximately 20.28 million barrels per day (b/d) in 2022. This figure included about 1.17 million b/d of biofuels, which comprised 1.002 b/d of fuel ethanol and 0.164 b/d of biodiesel, renewable diesel, and other biofuels combined. This represented a 2% increase from 2021 and a 12% rise from 2020, primarily driven by the U.S. economy's recovery to pre-COVID-19 activity levels. Overall, consumption of nearly all petroleum products in 2022 exceeded levels seen in 2021. Consequently, the growing demand for petroleum-based products is propelling the growth of 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 February 2023, Rotating Machinery Services Inc., a U.S.-based firm specializing in engineering, repair, and maintenance services for rotating machinery, acquired the fluid catalyst cracking unit (FCCU) Hot Gas Expander product line from Siemens Energy Inc. for an undisclosed amount. This acquisition brings the intellectual property, inventory, and associated tooling of the FCCU Expander product line into the RMS portfolio. It solidifies RMS's position as the original equipment manufacturer (OEM) service provider for the global installed base of FCCU Hot Gas Expanders. Siemens Energy Inc. is a Germany-based company that supplies hot gas expanders for FCC (Fluid Catalytic Cracking) applications.
Major companies operating in the FCC catalyst market include 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, PetroChina Catalyst Company, Grace Catalysts Technologies.
Asia-Pacific was the largest region in the FCC catalyst market in 2024. 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.
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 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 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.
This product will be delivered within 3-5 business days.
The FCC catalyst market size is expected to see strong growth in the next few years. It will grow to $3.77 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to increasing complexity in feedstocks, transition to sustainable catalysts, focus on residue upgrading, optimization for propylene production, market penetration in developing regions. Major trends in the forecast period include integration of artificial intelligence, enhanced catalyst regeneration technologies, collaboration for research and development, digitalization and process optimization, adoption of bottom-of-the-barrel technologies.
The increasing demand for petroleum-based products is fueling the growth of fluid catalytic cracking (FCC) catalysts in the coming years. Petroleum products are derived from crude oil and possess similar physical and chemical properties. FCC catalysts enhance the rate of chemical reactions by reducing activation energy during the petroleum refining process. These catalysts are essential for converting high-boiling, high-molecular-weight hydrocarbon fractions from crude oil into valuable products such as olefinic gases, gasoline, and others. For example, in August 2023, the Energy Information Administration, a U.S. government agency, reported that total petroleum consumption in the U.S. averaged approximately 20.28 million barrels per day (b/d) in 2022. This figure included about 1.17 million b/d of biofuels, which comprised 1.002 b/d of fuel ethanol and 0.164 b/d of biodiesel, renewable diesel, and other biofuels combined. This represented a 2% increase from 2021 and a 12% rise from 2020, primarily driven by the U.S. economy's recovery to pre-COVID-19 activity levels. Overall, consumption of nearly all petroleum products in 2022 exceeded levels seen in 2021. Consequently, the growing demand for petroleum-based products is propelling the growth of 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 February 2023, Rotating Machinery Services Inc., a U.S.-based firm specializing in engineering, repair, and maintenance services for rotating machinery, acquired the fluid catalyst cracking unit (FCCU) Hot Gas Expander product line from Siemens Energy Inc. for an undisclosed amount. This acquisition brings the intellectual property, inventory, and associated tooling of the FCCU Expander product line into the RMS portfolio. It solidifies RMS's position as the original equipment manufacturer (OEM) service provider for the global installed base of FCCU Hot Gas Expanders. Siemens Energy Inc. is a Germany-based company that supplies hot gas expanders for FCC (Fluid Catalytic Cracking) applications.
Major companies operating in the FCC catalyst market include 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, PetroChina Catalyst Company, Grace Catalysts Technologies.
Asia-Pacific was the largest region in the FCC catalyst market in 2024. 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.
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 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 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. FCC Catalyst Market Characteristics3. FCC Catalyst Market Trends and Strategies4. FCC Catalyst Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global FCC Catalyst Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the FCC Catalyst Market34. Recent Developments in the FCC Catalyst Market
5. Global FCC Catalyst Growth Analysis and Strategic Analysis Framework
6. FCC Catalyst Market Segmentation
7. FCC Catalyst Market Regional and Country Analysis
8. Asia-Pacific FCC Catalyst Market
9. China FCC Catalyst Market
10. India FCC Catalyst Market
11. Japan FCC Catalyst Market
12. Australia FCC Catalyst Market
13. Indonesia FCC Catalyst Market
14. South Korea FCC Catalyst Market
15. Western Europe FCC Catalyst Market
16. UK FCC Catalyst Market
17. Germany FCC Catalyst Market
18. France FCC Catalyst Market
19. Italy FCC Catalyst Market
20. Spain FCC Catalyst Market
21. Eastern Europe FCC Catalyst Market
22. Russia FCC Catalyst Market
23. North America FCC Catalyst Market
24. USA FCC Catalyst Market
25. Canada FCC Catalyst Market
26. South America FCC Catalyst Market
27. Brazil FCC Catalyst Market
28. Middle East FCC Catalyst Market
29. Africa FCC Catalyst Market
30. FCC Catalyst Market Competitive Landscape and Company Profiles
31. FCC Catalyst Market Other Major and Innovative Companies
35. FCC Catalyst Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
FCC Catalyst Global Market Report 2025 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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Description
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 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.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Product: Gasoline Sulfur Reduction; Maximum Bottoms Conversion; Maximum Light Olefins; Maximum Middle Distillates; Other Products2) by Application: Residue; Vacuum Gas Oil; Other Applications
3) by End-User: Refinery; Environmental; Other End-Users
Subsegments:
1) by Gasoline Sulfur Reduction: Hydrodesulfurization (HDS) Catalysts; Selective Catalytic Reduction (SCR) Catalysts2) by Maximum Bottoms Conversion: High Activity Catalysts; ZSM-5 Additives
3) by Maximum Light Olefins: Zeolite-Based Catalysts; Non-Zeolite Catalysts
4) by Maximum Middle Distillates: Iso-Merization Catalysts; Hydrocracking Catalysts
5) by Other Products: Specialty Catalysts; Additives For Catalyst Performance Enhancement
Key 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 Segmentation: 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.
Companies Mentioned
Some of the major companies featured in this FCC Catalyst market report include:- 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
- PetroChina Catalyst Company
- Grace Catalysts Technologies
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 3.06 Billion |
Forecasted Market Value ( USD | $ 3.77 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 36 |