Fluid Catalytic Cracking Unit Market Types, Applications, Products, Share, Growth, Insights and Forecasts Report

The global Fluid Catalytic Cracking Unit (FCCU) market size was USD 2.95 Billion in 2022 and is expected to register a steady revenue CAGR of 4.0% during the forecast period, according to the latest analysis by Emergen Research. Gradual increase in crude refining activities is a key factor driving market revenue growth. Use of a catalyst is essential for enhancing efficiency of the overall process and maximizing production. In crude refineries, catalyst compositions are particularly important as these can significantly increase conversion rates of the process.

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