Catalysts Inch Toward a $5 Billion/Year Global Business in the 21st Century

Worldwide sales of catalysts in 3 main producing areas (the US, Europe, and Japan) will reach more than $2.5 billion in 1987. US sales may reach $1.65 billion, but European sales are not doing so well mainly because growth in emission control markets is moving slowly. Japanese sales, however, have m...

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Bibliographic Details
Published in:Chemical week 1987-06, Vol.140 (24), p.20-20
Main Authors: Cannon, Donald R, Winton, John M, Hunter, David, Short, Herbert C, Ushio, Shota, Ehrle, Carol, Portnoy, Kristine, Bishop, Jim, Slakter, Ann, Savage, Peter, MacKerron, Conrad B
Format: Magazinearticle
Language:English
Subjects:
Automobiles
Business conditions
Chemical industry
Emission standards
Emissions
International
Manycompanies
Market potential
Pollution control
Refineries
Statistical data
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Summary:Worldwide sales of catalysts in 3 main producing areas (the US, Europe, and Japan) will reach more than $2.5 billion in 1987. US sales may reach $1.65 billion, but European sales are not doing so well mainly because growth in emission control markets is moving slowly. Japanese sales, however, have made up for the faltering Europe, with sales up more than 40% to top the half-billion dollar mark. While the big potential for catalyst lies in automotive emission control, industrial emission control will be important in the industry since flue gas desulfurization and nitrogen oxide removal (de-NOx) will require big investments. Engelhard Corp's. catalyst technique has achieved a steep improvement in NOx control from stationary sources, obtaining 95% reduction of NOx at the same cost of competing technologies. Meanwhile, 3 catalyst units from Johnson Matthey Inc. are serving gas turbines in California. American Cyanamid is offering new reforming catalysts while Union Carbide finds hydrocracking operations a growing market for its catalysts. The Pennwalt Corp. has received business from the need for hydrotreating and reforming petroleum streams.
ISSN:0009-272X
2163-3126