How Can You Close the Growth Gaps in the Catalysts Industry?
Steady demand from end industries and stringent regulations will drive growth
Overview
Catalysts are chemicals/materials that facilitate an increase in the rate of a chemical reaction. These chemicals do not actively take part in the chemical reaction but bring about an increase in the reaction rate by lowering the activation energy in the system. There is a significant surge in demand for catalysts in the market, which can be attributed to several factors that underscore the growing necessity of catalysts across multiple industries.
This analysis quantifies the consumption of catalysts used in refineries, polyolefin production, and chemical production by product types and prominent applications.
- What is the growth potential of the catalysts used for the production of polyurethanes, polyethylene terephthalate, polystyrene, and silicone resins?
- Which growth opportunities can you leverage to grow in chemical production segments like hydrogenation, dehydrogenation, oxidation, syngas, hydration, dehydration, and halogenation reactions?
- How can your team identify new growth prospects by exploring factors like steady growth in refinery capacities, robust growth in polyolefins capacity additions, ever-tightening emission standards, and the implementation of regulations that mandate the use of low sulfur fuels?
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