US process catalysts demand to reach $3.3 billion in the year 2005. (News Release).(Brief Article)

Research Studies - Freedonia Group | December 19, 2001 | Copyright

Demand for process catalysts (which exclude environmental applications) is forecast to increase 4.4 percent per year to $3.3 billion in 2005, driven by accelerating growth in the petroleum refining sector and continued strength in new polymerization technologies. In all sectors, catalysts are now seen as one of the preferred ways to improve process efficiency, lower costs, increase output and meet both performance and environmental standards. This is placing a strong emphasis on the development of new catalysts with higher activity, higher specificity, increased longevity and ...

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