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Global Fluid Catalytic Cracking (FCC) Market to reach USD 8.47billion by the end of 2029.

Global Fluid Catalytic Cracking (FCC) Market Size study&Forecast, byType (Lanthanum Oxide, Zeolite) by Category (LVR-60, ORBIT-3600, CHV-1, RAG-7), by Technical Configuration (Side-By-Side Type, Stacked Type), by Application (Chemical, Others)and Regional Analysis, 2022-2029

Product Code: CMCC-96690039
Publish Date: 1-04-2023
Page: 200

Global Fluid Catalytic Cracking (FCC) Market is valued at approximately USD 6.51 billion in 2021and is anticipated to grow with a healthy growth rate of more than 3.35% over the forecast period 2022-2029.Fluid Catalytic Cracking (FCC) is a secondary unit conversion process to produce added gasoline in the refining process. It is used in petroleum refineries to convert high-molecular and high-boiling point hydrocarbon fraction fractionsof petroleum into gasoline and other petroleum products. This process breaks long-chain hydrocarbons into smaller-chain hydrocarbons with the help of catalysts and heat. The FCC unit converts Gas oil into lighter hydrocarbons that can be used as valuable transportation fuels. Additionally,the growing Petroleum and Refinery Industry and increasing transportation activities is aredriving the market demand for Fluid Catalytic Cracking (FCC) globally.

Growing The growingpetroleum and refinery industry is driving the market for Fluid Catalytic Cracking (FCC). In 2021, the global oil refinery capacity reached nearly 102 million barrels per day, the annual growth rate accounted to be 0.2%. FCC is useful in converting a heavy portion of crude oil feedstock into lighter petroleum products to be used as transportation fuelthat whichhas increased fuel standard standardsand better operational efficiency.Increasing transportation activities surge the demand for products like such asgasoline, and petroleum products to meet the fuel and power needs therefore this is expected to complement the catalytic cracking industry growth. For instance, the global demand for transportation fuel in Europe is anticipated to reach USD 16 billion by 2030. Moreover, continuous advancements in formulations and rising government investments in the transportation sector are the factors creating major market opportunities for Fluid Catalytic Cracking (FCC). fueling the market demand of Fluid Catalytic Cracking (FCC) . However, the high investment cost of Fluid Catalytic Cracking (FCC) stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Fluid Catalytic Cracking (FCC) Marketstudy includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market for Fluid Catalytic Cracking (FCC) due to the rising number of refining activity activitiesand higher investment within this region. The availability of inexpensive raw material materialsand low labor cost costsis fueling the market demand for FCC. North America is anticipated to be the fastest-growing region over the forecast period. The driving factors for huge demand are wider availability and high consumption of petroleum-based products. Growing initiatives by the government and key market players in the petroleum industry is aredriving the market for Fluid Catalytic Cracking (FCC).

Major market player included in this report are:
Albemarle Corporation
W. R. Grace and Co.
Fluor Corporation
McDermott International, Ltd
Shell Global Solutions US, Inc.
Chevron Lummus Global, LLC
Chicago Bridge & Iron Company
Axens SA.
Honeywell International Inc.

Recent Developments in the Market:
 In July 2019, Indian Oil Corporation Ltd.assigned a agreement with McDermott International. This contract was signed to use INDMAX technology and provide technical services for FCC. a contract to McDermott International for training and technical services for Fluid Catalytic Cracking (FCC) unit using INDMAX technology.
Global Fluid Catalytic Cracking (FCC) Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Category, Technical Configuration, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporatespotential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
Lanthanum Oxide
By Category:
By Technical Configuration:
Side-By-Side Type
Stacked Type
By Application:
By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the Wor

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Fluid Catalytic Cracking (FCC) Market, by Region, 2019-2029 (USD Billion)
1.2.2. Fluid Catalytic Cracking (FCC) Market, by Type,2019-2029 (USD Billion)
1.2.3. Fluid Catalytic Cracking (FCC) Market, by Category, 2019-2029 (USD Billion)
1.2.4. Fluid Catalytic Cracking (FCC) Market, by Technical Configuration, 2019-2029 (USD Billion)
1.2.5. Fluid Catalytic Cracking (FCC) Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fluid Catalytic Cracking (FCC) Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fluid Catalytic Cracking (FCC) Market Dynamics
3.1. Fluid Catalytic Cracking (FCC) Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Growing Petroleum and Refinery Industry. Increasing transportation activities.
3.1.2. Market Challenges High Investment Cost of Fluid Catalytic Cracking (FCC)
3.1.3. Market Opportunities Advancements in Formulation. Rising Government investments in petroleum.
Chapter 4. Global Fluid Catalytic Cracking (FCC) Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Fluid Catalytic Cracking (FCC) Market, by Type
6.1. Market Snapshot
6.2. Global Fluid Catalytic Cracking (FCC) Market by Type, Performance – Potential Analysis
6.3. Global Fluid Catalytic Cracking (FCC) Market Estimates & Forecasts by Type2019-2029 (USD Billion)
6.4. Fluid Catalytic Cracking (FCC) Market, Sub Segment Analysis
6.4.1. Lanthanum Oxide
6.4.2. Zeolite
Chapter 7. Global Fluid Catalytic Cracking (FCC) Market, by Category
7.1. Market Snapshot
7.2. Global Fluid Catalytic Cracking (FCC) Market by Category, Performance – Potential Analysis
7.3. Global Fluid Catalytic Cracking (FCC) Market Estimates & Forecasts by Category2019-2029 (USD Billion)
7.4. Fluid Catalytic Cracking (FCC) Market, Sub Segment Analysis
7.4.1. LVR-60
7.4.2. ORBIT-3600
7.4.3. CHV-1
7.4.4. RAG-7
Chapter 8. Global Fluid Catalytic Cracking (FCC) Market, by Technical Configuration
8.1. Market Snapshot
8.2. Global Fluid Catalytic Cracking (FCC) Market by Technical Configuration, Performance – Potential Analysis
8.3. Global Fluid Catalytic Cracking (FCC) Market Estimates & Forecasts by Technical Configuration2019-2029 (USD Billion)
8.4. Fluid Catalytic Cracking (FCC) Market, Sub Segment Analysis
8.4.1. Side-By-Side Type
8.4.2. Stacked Type
Chapter 9. Global Fluid Catalytic Cracking (FCC) Market, by Application
9.1. Market Snapshot
9.2. Global Fluid Catalytic Cracking (FCC) Market by Application, Performance – Potential Analysis
9.3. Global Fluid Catalytic Cracking (FCC) Market Estimates & Forecasts by Application2019-2029 (USD Billion)
9.4. Fluid Catalytic Cracking (FCC) Market, Sub Segment Analysis
9.4.1. Chemical
9.4.2. Others
Chapter 10. Global Fluid Catalytic Cracking (FCC) Market, Regional Analysis
10.1. Fluid Catalytic Cracking (FCC) Market, Regional Market Snapshot
10.2. North America Fluid Catalytic Cracking (FCC) Market
10.2.1. U.S. Fluid Catalytic Cracking (FCC) Market Type breakdown estimates & forecasts, 2019-2029 Category breakdown estimates & forecasts, 2019-2029 Technical Configuration breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Fluid Catalytic Cracking (FCC) Market
10.3. Europe Fluid Catalytic Cracking (FCC) Market Snapshot
10.3.1. U.K. Fluid Catalytic Cracking (FCC) Market
10.3.2. Germany Fluid Catalytic Cracking (FCC) Market
10.3.3. France Fluid Catalytic Cracking (FCC) Market
10.3.4. Spain Fluid Catalytic Cracking (FCC) Market
10.3.5. Italy Fluid Catalytic Cracking (FCC) Market
10.3.6. Rest of Europe Fluid Catalytic Cracking (FCC) Market
10.4. Asia-Pacific Fluid Catalytic Cracking (FCC) Market Snapshot
10.4.1. China Fluid Catalytic Cracking (FCC) Market
10.4.2. India Fluid Catalytic Cracking (FCC) Market
10.4.3. Japan Fluid Catalytic Cracking (FCC) Market
10.4.4. Australia Fluid Catalytic Cracking (FCC) Market
10.4.5. South Korea Fluid Catalytic Cracking (FCC) Market
10.4.6. Rest of Asia Pacific Fluid Catalytic Cracking (FCC) Market
10.5. Latin America Fluid Catalytic Cracking (FCC) Market Snapshot
10.5.1. Brazil Fluid Catalytic Cracking (FCC) Market
10.5.2. Mexico Fluid Catalytic Cracking (FCC) Market
10.6. Rest of The World Fluid Catalytic Cracking (FCC) Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Albemarle Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. W. R. Grace and Co.
11.2.3. BASF SE
11.2.4. Fluor Corporation
11.2.5. McDermott International, Ltd
11.2.6. Shell Global Solutions US, Inc.
11.2.7. Chevron Lummus Global, LLC
11.2.8. Chicago Bridge & Iron Company
11.2.9. Axens SA.
11.2.10. Honeywell International Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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Market Size Estimation:
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
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Regulatory landscape and expected changes or developments.
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