Market Giant FCC Catalyst and Additives Market Drivers and Outl
FCC Catalyst and Additives Market Key Players,
Growth Drivers and Challenges to 2021
“Global FCC catalyst and additives market is expected to grow
at a significant CAGR in the upcoming period. The factors that
are playing a major role in the growth of FCC catalyst and
additives market are the rising use of cost-efficient
environmental FCC additives, availability of several options and
opportunities for refiners, and the rising demand from end-
users.”
Global FCC catalyst and additives market is expected to grow at a significant CAGR in the upcoming period as the scope
and its applications are rising enormously across the globe. The FCC, or fluid catalytic cracking is the most important
technology in modern continuous process of refining. They are exclusively used to maximize quality target fuel
production like diesel or gasoline, while limiting unwanted cuts of hydrocarbons. They are composed of binder, zeolite,
clay, silica, and alumina. It enables refineries to process heavy levels of contaminants into clean fuels.
The factors that are playing a major role in the growth of FCC catalyst and additives market are the rising use of cost-
efficient environmental FCC additives, availability of several options and opportunities for refiners, and the rising
demand from end-users.
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