The Global Market for Chemical Processing Catalysts is Projected to Reach US$14.7 Billion by 2022
Innovatively Developed Catalysts and their Transformative Role in Chemical Processes to Drive Growth in the Global Chemical Processing Catalysts Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Chemical Processing Catalysts market. The global market for Chemical Processing Catalysts is projected to reach US$14.7 billion by 2022 , driven by innovatively developed catalysts, increased use of catalysts in commodity chemicals, growing adoption of metallocene catalysts and bio-catalysis, and availability of cheaper transition metals. Chemistry is at the core of more than 95% of all products manufactured worldwide as it touches number of stages in the manufacturing process in important sectors such as pharmaceuticals, communications, alternative energy, IT, buildings and transportation. Ongoing research studies are geared