Rise in Crude Oil Activities and Growing Industrialization to Support Growth of the FCC Catalyst Market: TMR
Share this article Share this article ALBANY, N.Y., Feb. 2, 2021 /PRNewswire/ -- Most governments are making augmented investment in petroleum refinement to cater to the increasing demand. The global FCC catalyst market is likely to be driven by technological upgrade and augmented investment in the industry. Upgrade of existing equipment is also estimated to drive the demand for FCC catalyst in the years to come. The refining capacity is likely to be increased by refinery development and expansion plans and this generates increased demand for the processes of catalytic cracking. This factor i...