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Markets :: Specialty Chemicals :: Catalysts

Global Catalyst Demand to Rise

11:03 AM MST | January 16, 2009 | Lindsey Bewley

Global demand for catalysts is forecast to increase nearly 6%/year, to $16.3 billion by 2012, says a recent report by The Freedonia Group (Cleveland). Volumes are expected to grow 2%/year, to 5.3 million m.t. by 2012, from “strong demand and a shifting product mix toward higher cost and more efficient products,” Freedonia says. Catalyst demand in the chemical industry will grow the slowest, “though it will remain quite healthy,” Freedonia says. Organic synthesis catalyst demand, in particular, will be affected near term by a dearth of...

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