FCC (catalytic cracking) catalyst additives are important conversion media in the refining process, used to convert high boiling point and high molecular weight hydrocarbon components in petroleum crude oil into high value-added products such as gasoline and olefin gas. It belongs to the terminology of chemical engineering, referring to various co catalysts added in multi-component catalysts in addition to the main catalyst and co catalyst, with the aim of improving the activity and selectivity of the main catalyst, enhancing the heat resistance, toxicity resistance, mechanical strength, and lifespan of the catalyst. ‌

Overview of Market Development

The global FCC catalyst additive market has shown a stable growth trend in the past few years. The main driving factors of the market include the growing demand for petrochemical products such as ethylene and propylene, as well as increasingly stringent environmental regulations requiring refineries to invest in advanced FCC catalysts and processes. However, refineries require regular maintenance and catalyst regeneration, which can be costly and result in downtime, posing a hindrance to market development. Overall, with the continuous growth of global demand for transportation fuels and the development of emerging economies, the FCC catalyst additive industry is expected to steadily grow. ‌

According to our research data, the global FCC catalyst additive market revenue is expected to reach $3016 million in 2024, an increase of 3.08% compared to 2023. By 2029, the global FCC catalyst additive market revenue is expected to increase to $3487 million. The CAGR for 2024-2029 is estimated to be 2.94%.

Segmented Market Analysis

FCC catalyst additives can be subdivided into octane number improvers, low-carbon olefin enhancers, sulfur reducing agents, metal passivators, etc. according to product types. Among them, octane number improver occupies the largest market share, estimated to be 30.26% in 2024.

 

Source: www.globalmarketmonitor.com

Market Analysis of Major Regions/Countries

From a regional perspective, the global FCC catalyst additive market is concentrated in three major regions: North America, Europe, and Asia Pacific. Among them, North America is the largest consumer market, with its FCC catalyst additive consumption accounting for over 40% of the global total consumption. From a national perspective, the United States is the largest consumer market. Data shows that the consumption of FCC catalyst additives in the United States is expected to reach 287900 tons in 2024, accounting for an estimated 35.33% of the total consumption.

Regions/Countries	Consumption (K Tons)	Proportion
US	287.9	35.33%
Europe	230.6	28.30%
China	71.7	8.80%
Japan	50.9	6.25%
India	50.6	6.21%
Southeast Asia	47.4	5.82%
Latin America	37.2	4.57%
Middle East & Africa	38.5	4.73%