Global Fluid Catalytic Cracking (FCC) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Lanthanum Oxide, and Zeolite.

By Technical Configuration;

Side-By-Side Type, and Stacked Type.

By End-User;

Refinery, Environmental, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn477029976 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fluid Catalytic Cracking (FCC) Market (USD Million), 2021 - 2031

In the year 2024, the Global Fluid Catalytic Cracking (FCC) Market was valued at USD 5,631.64 million. The size of this market is expected to increase to USD 6,603.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.3%.

The Global Fluid Catalytic Cracking (FCC) Market plays a pivotal role in the petroleum refining industry, focusing on the conversion of heavy hydrocarbons into valuable lighter products such as gasoline, diesel, and other petrochemical feedstocks. FCC technology is essential for optimizing the yield of high-value products from crude oil and maximizing refinery profitability. As the global demand for refined petroleum products continues to rise, the FCC process remains a critical component in modern refineries, enabling efficient and effective processing of various feedstocks.

In recent years, the FCC market has evolved with significant technological advancements and innovations. These developments aim to enhance the efficiency of the cracking process, improve catalyst performance, and reduce environmental impact. Innovations include advanced catalyst formulations, improved reactor designs, and enhanced process controls that optimize the conversion rates and product yields. Additionally, there is a growing emphasis on integrating FCC technology with other refining processes to streamline operations and achieve greater overall efficiency in refining systems.

The FCC market exhibits diverse growth patterns driven by regional demands and technological capabilities. North America and Europe have well-established refining industries with a strong focus on upgrading and modernizing FCC units to meet stricter environmental regulations and improve economic performance. Meanwhile, the Asia-Pacific region is experiencing rapid growth due to expanding refining capacities and increasing demand for refined products. As the market continues to evolve, factors such as regulatory changes, technological advancements, and shifting energy trends will shape the future of the Global Fluid Catalytic Cracking Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Technical Configuration
    3. Market Snapshot, By End-User

    4. Market Snapshot, By Region
  4. Global Fluid Catalytic Cracking (FCC) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Global Demand for Refined Petroleum Products
        2. Technological Advancements in FCC Catalysts and Processes
        3. Expansion of Refining Capacities in Emerging Markets
        4. Focus on Maximizing Yield and Efficiency in Refineries
        5. Stringent Environmental Regulations Driving Process Improvements
      2. Restraints
        1. High Initial Investment and Operational Costs
        2. Fluctuations in Raw Material Prices
        3. Environmental and Regulatory Compliance Challenges
      3. Opportunities
        1. Growth in Emerging Economies Increasing Refining Needs
        2. Development of Advanced Catalysts with Enhanced Performance
        3. Integration with Other Refining Technologies for Process Optimization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fluid Catalytic Cracking (FCC) Market, By Type, 2021 - 2031 (USD Million)
      1. Lanthanum Oxide
      2. Zeolite
    2. Global Fluid Catalytic Cracking (FCC) Market, By Technical Configuration, 2021 - 2031 (USD Million)
      1. Side-By-Side Type
      2. Stacked Type
    3. Global Fluid Catalytic Cracking (FCC) Market, By End-User, 2021 - 2031 (USD Million)
      1. Refinery
      2. Environmental
      3. Others
    4. Global Fluid Catalytic Cracking (FCC) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ExxonMobil Chemical Company
      2. Chevron Phillips Chemical Company LLC
      3. Honeywell UOP
      4. JGC Holdings Corporation
      5. TechnipFMC
  7. Analyst Views
  8. Future Outlook of the Market