Transparency Market Research Reports included a detailed market survey and analysis trends on “Fluid Catalytic Cracking Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure.
A Fluid catalytic cracking (FCC) unit is an integral part of an oil refinery. It was first introduced in the U.S by Exxon Corporation on account of the growing need for hydrocarbon based fuels. It is mostly used to convert high molecular weight and high boiling point hydrocarbons to more valuable products such as olefinic gases, gasoline and other petroleum products. Thermal catalytic process has been completely replaced by fluid catalytic cracking unit as it produces more quantity of gasoline with high octane rating.
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FCC units are segmented based on their configuration such as stacked type and side by side type. In stacked type of FCC unit the catalyst regenerator and the reactor are contained in the single vessel with catalyst regenerator below the reactor. Side by side type FCC unit has catalyst regenerator and reactor in two separate vessels. The catalyst regenerator and reactor are vital components of the FCC unit. Design and operation of FCC unit largely depends on the properties of the catalyst. Essential properties of FCC catalyst are low coke production, large pore size, compatible to high temperatures and high activity.
FCC process generally converts feedstock with high boiling point. It vaporizes and breaks the chain of long molecules of the hydrocarbon liquids into smaller molecules at moderate pressure and high temperature. Refineries use FCC to bridge the demand supply gap of gasoline and other petroleum products arising in the market.
Some of the major suppliers of FCC catalyst are BASF SE, W.R Grace Company and Albemarle Corporation. Some of the technology licensors of hydrocracker units are Axens, CB&I Company, Chevron Lummus Global, Exxon Mobil, Flour Corporation, KBR Inc, Shell Global Solutions and UOP among others.
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This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.