US demand for chemical catalysts forecast to expand 3.3%/y to 2009

• Publisher: Elsevier Science
• Year: 2006
• Weight: 36 KB
• Volume: 2006
• Category: Article
• ISSN: 1351-4180
• DOI: 10.1016/s1351-4180(06)71477-5

✦ Synopsis

US demand for chemical catalysts forecast to expand 3.3%/y to 2009

Chemical catalyst demand in the USA is projected to grow 3.3%/y to 2009, according to a recent study from industrial market research firm The Freedonia Group Inc. The report stated that continued robust demand for olefin-based materials and ethylene glycol-based polyesters will result in near average growth for the petrochemicals industry. However, demand for inorganic chemical catalysts will drop due to the effect of high prices of natural gas on ammonia, and accordingly, nitric acid production. Alcohols will experience the most rapid growth as the ethanol industry continues to grow rapidly to conform to the standard under the Energy Policy Act of 2005.