The Global Market for Nanocatalysts is Forecast to Reach US$8.5 Billion by 2024
Rapid Demand from Refineries, Petrochemical and Environmental Sectors Drives the Global Nanocatalysts Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Nanocatalysts market. The global market for Nanocatalysts is forecast to reach US$8.5 billion by 2024 , driven by ever growing demand of catalysts from petroleum refineries, automobiles, industrial, environmental, waste water treatment, energy, food processing, chemicals and pharmaceutical end-use sectors. Catalysts alter chemical reactions without undergoing physical or chemical change themselves, and hence play a crucial role in many industrial processes speeding up chemical reactions and conversion of several substances to useful products. Nanocatalysts, catalysts of nano size , comprise at least one nanoscale dimension, which may be either external or internal. In the na...