World Catalysts to 2010

SUMMARY

Global catalyst demand to reach $12 billion by 2010

World catalyst demand will increase to more than $12 billion in 2010, aided by a healthy world economy, and growing demand by the chemical, polymer and refining industries for more energy efficient processes and products. After experiencing robust growth in recent years due to rapidly rising prices, catalyst market value will moderate in the near term due to falling raw material and energy costs. Further out, growth will re-accelerate as price advances resume and companies continue to move to newer, higher-value and energy efficient products.

While a softer pricing environment will limit value advances, volume growth will expand a healthy 2.4 percent per year to more than five million tons in 2010. Gains will be concentrated in the Asia/Pacific, as well as other rapidly developing regions such as Africa/Mideast and Latin America, as new chemical and polymer production capacity is added in countries with low natural gas costs, and as demand for high-value refined products continues to rise in the rapidly expanding economies of China and India.

Polymer catalysts to grow the fastest

Reflecting continued strong growth in polymer demand and production, polymer catalysts will experience the fastest gains. Single-site catalysts will achieve double digit advances as they find greater acceptance in new capacity additions, particularly in the Mideast where natural gas-rich nations such as Iran and Saudi Arabia are rapidly expanding their polymer capacity. Refining catalyst growth will be healthy, aided by strong volume gains and a continued improvement in fluid catalytic cracking catalyst prices. However, the return of sulfuric acid prices in North America closer to historical levels will limit overall faster advances. Slower gains in North America and Western Europe will be offset by rapid growth in the Asia/Pacific and other developing regions as rising per capita incomes boost gasoline demand, and as developing countries begin imposing stricter sulfur regulations to fight air pollution.

Chemical synthesis catalyst demand growth will also be healthy, led by strong growth in enzymes and biocatalysts used in the production of ethanol, particularly in North America. Organic synthesis and hydrogetation catalysts will also experience healthy gains, though demand for oxidation catalysts will trail the average. Weakness in Western Europe will be offset by expanding production in China and India, and rapid growth in the Africa/ Mideast region where basic organic and petrochemical production account for a greater share of chemical output.

Study coverage

Details on these and other findings are available in a new Freedonia industry study, World Catalysts, presents historical demand data (1995, 2000, 2005) plus forecasts to 2010 and 2015 by type (e.g., alkylation, organic synthesis, hydroprocessing, oxidation, hydrogenation, Ziegler-Natta, synthesis gas, FCC); market, material, six world regions and 28 countries. The study also reviews the market environment, assesses market share and profiles global players.

TABLE OF CONTENTS

INTRODUCTION

I. EXECUTIVE SUMMARY

II. MARKET ENVIRONMENT

• General
• World Economic Outlook
  • Recent Economic Performance
  • Macroeconomic Outlook
• World Population Outlook
• World Manufacturing Outlook
• World Petroleum Refining Outlook
• World Polymer Outlook
• Environmental & Regulatory Outlook
• Relationship of per Capita Catalyst Use to per Capita GDP
• Catalyst Technology
  • Chemical Synthesis
  • Polymerization
  • Petroleum Refining
• Pricing

III. CATALYST MATERIALS

• General
• Metals
  • Base Metals
  • Precious Metals
• Organometallic Materials
• Chemicals
  • Peroxides
  • Acids
  • Amines & Other Chemicals
• Zeolites
• Enzymes & Other Materials

IV. CATALYST PRODUCTS & MARKETS

• General
• Chemical Synthesis Catalysts
  • Organic Synthesis Catalysts
  • Oxidation Catalysts
  • Synthesis Gas Catalysts
  • Hydrogenation Catalysts
  • Other Chemical Synthesis Catalysts
• Polymerization Catalysts
  • Ziegler-Natta Catalysts
  • Reaction Initiators
  • Single-Site Catalysts
  • Other Polymerization Catalysts
    • Urethane Catalysts
    • Chromium Catalysts
• Petroleum Refining Catalysts
  • Hydroprocessing Catalysts
    • Hydrotreating
    • Hydrocracking
  • Fluid Catalytic Cracking (FCC) Catalysts
  • Alkylation Catalysts
  • Reforming & Other Petroleum Refining Catalysts
• Regional Overview

V. NORTH AMERICA

• North America: Economic Overview
• North America: Catalyst Demand
• United States
• Canada
• Mexico

VI. WESTERN EUROPE

• Western Europe: Economic Overview
• Western Europe: Catalyst Demand
• Germany
• France
• United Kingdom
• Italy
• Belgium
• Netherlands
• Spain
• Other Western Europe

VII. ASIA/PACIFIC

• Asia/Pacific: Economic Overview
• Asia/Pacific: Catalyst Demand
• Japan
• China
• South Korea
• India
• Taiwan
• Other Asia/Pacific
  • Australia
  • Indonesia
  • Malaysia
  • Thailand

VIII. OTHER REGIONS

• Other Regions: Economic Overview
• Other Regions: Catalyst Demand
• Latin America
  • Brazil
  • Other Latin America
    • Argentina
    • Colombia
    • Venezuela
• Eastern Europe
  • Russia
  • Other Eastern Europe
    • Poland
    • Hungary
• Africa/Mideast
  • Saudi Arabia
  • Other Africa/Mideast
    • Iran
    • Kuwait
    • Qatar
    • South Africa

IX. INDUSTRY STRUCTURE

• General
• Market Share
• Industry Restructuring
• Cooperative Agreements
• Research & Development
• Marketing & Distribution
• Competitive Strategies

COMPANY PROFILES

• Adcats, see BASF AG
• Advanced Refining Technologies, see Chevron and Grace (WR)
• Air Products and Chemicals Incorporated
• Akzo Nobel NV
• Albemarle Corporation
• Almatis, see BASF
• Arkema SA
• Basell AF SCA
• BASF AG
• Bayer AG
• Borealis AG
• BP plc
• Chemtura Corporation
• Chevron Corporation
• Chevron Phillips Chemical Company LLC
• CRI/Criterion, see Royal Dutch Shell
• Criterion Catalysts & Technologies, see Royal Dutch Shell
• Crompton, see Chemtura
• Davison Catalysts, see Grace (WR)
• Davy Process Technologies, see Johnson Matthey
• Degussa AG
• Dow Chemical Company
• DuPont (EI) de Nemours
• Eastman Chemical Company
• Engelhard, see BASF
• Equistar Chemicals, see Lyondell Chemical
• Eurecat, see Albemarle
• Exxon Mobil Corporation
• Fabrica Carioca de Catalisadores, see Albemarle
• FMC Corporation
• GE Silicones, see General Electric
• General Electric Company
• GLCC Laurel, see Chemtura
• Goldschmidt Polyurethane Additives, see Degussa
• Grace (WR) & Company
• Great Lakes Chemical, see Chemtura
• Haldor Topsoe A/S
• Heesung-Engelhard, see BASF
• Honeywell International Incorporated
• Innovene, see INEOS Group
• INEOS Group Limited
• Johnson Matthey plc
• LANXESS AG
• Lyondell Chemical Company
• Millennium Chemicals, see Lyondell Chemical
• Mitsubishi Gas Chemical Company Incorporated
• Mitsui Chemicals Incorporated
• NE Chemcat, see BASF
• Nikki-Universal Company, see Honeywell International
• Nippon Aluminum Alkyls, see Albemarle and Mitsui Chemicals
• Nippon Ketjen, see Albemarle
• Novolen Technology, see Lyondell Chemical
• OM Group Incorporated
• Polytrade, see Zoom Developers
• PQ Corporation
• Royal Dutch Shell plc
• Saltigo, see LANXESS
• Scientific Design, see Sued-Chemie
• Single-Site Catalysts, see Grace (WR)
• Starck (HC), see Bayer
• Sued-Chemie AG
• Total SA
• UOP, see Honeywell International
• Zoom Developers Private Limited
• Other Companies Mentioned in Study

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

• Summary Table

SECTION II -- MARKET ENVIRONMENT

• 1. World Gross Domestic Product by Region
• 2. World Population by Region
• 3. World Manufacturing Value Added by Region
• 4. World Refined Petroleum Product Output by Region
• 5. World Polymer Production
• 6. Chemical Synthesis Processes
• 7. Polymers & Polymerization Processes
• 8. Petroleum Refining Processes

SECTION III -- CATALYST MATERIALS

• 1. World Catalyst Demand by Material
• 2. World Metal Catalyst Demand
• 3. World Base Metal Catalyst Demand
• 4. World Precious Metal Catalyst Demand
• 5. World Organometallic Catalyst Demand
• 6. World Chemical Catalyst Demand
• 7. World Peroxide Catalyst Demand
• 8. World Acid Catalyst Demand
• 9. World Amine & Other Chemical Catalyst Demand
• 10. World Zeolite Catalyst Demand
• 11. World Enzyme & Other Catalyst Demand

SECTION IV -- CATALYST PRODUCTS & MARKETS

• 1. World Catalyst Demand by Market
• 2. World Chemical Synthesis Catalyst Demand
• 3. World Organic Synthesis Catalyst Demand
• 4. World Oxidation Catalyst Demand
• 5. World Synthesis Gas Catalyst Demand
• 6. World Hydrogenation Catalyst Demand
• 7. World Other Chemical Synthesis Catalyst Demand
• 8. World Polymerization Catalyst Demand
• 9. World Ziegler-Natta Catalyst Demand
• 10. World Reaction Initiator Catalyst Demand
• 11. World Single-Site Catalyst Demand
• 12. World Other Polymerization Catalyst Demand
• 13. World Petroleum Refining Catalyst Demand
• 14. World Hydroprocessing Catalyst Demand
• 15. World Fluid Catalytic Cracking Catalyst Demand
• 16. World Alkylation Catalyst Demand
• 17. World Reforming & Other Petroleum Refining Catalyst Demand
• 18. World Catalyst Demand by Region

SECTION V -- NORTH AMERICA

• 1. North America Macroeconomic Indicators
• 2. North America Catalyst Demand
• 3. United States Macroeconomic Indicators
• 4. United States Catalyst Demand
• 5. Canada Macroeconomic Indicators
• 6. Canada Catalyst Demand
• 7. Mexico Macroeconomic Indicators
• 8. Mexico Catalyst Demand

SECTION VI -- WESTERN EUROPE

• 1. Western Europe Macroeconomic Indicators
• 2. Western Europe Catalyst Demand
• 3. Germany Macroeconomic Indicators
• 4. Germany Catalyst Demand
• 5. France Macroeconomic Indicators
• 6. France Catalyst Demand
• 7. United Kingdom Macroeconomic Indicators
• 8. United Kingdom Catalyst Demand
• 9. Italy Macroeconomic Indicators
• 10. Italy Catalyst Demand
• 11. Belgium Macroeconomic Indicators
• 12. Belgium Catalyst Demand
• 13. Netherlands Macroeconomic Indicators
• 14. Netherlands Catalyst Demand
• 15. Spain Macroeconomic Indicators
• 16. Spain Catalyst Demand
• 17. Other Western Europe Macroeconomic Indicators
• 18. Other Western Europe Catalyst Demand

SECTION VII -- ASIA/PACIFIC

• 1. Asia/Pacific Macroeconomic Indicators
• 2. Asia/Pacific Catalyst Demand
• 3. Japan Macroeconomic Indicators
• 4. Japan Catalyst Demand
• 5. China Macroeconomic Indicators
• 6. China Catalyst Demand
• 7. South Korea Macroeconomic Indicators
• 8. South Korea Catalyst Demand
• 9. India Macroeconomic Indicators
• 10. India Catalyst Demand
• 11. Taiwan Macroeconomic Indicators
• 12. Taiwan Catalyst Demand
• 13. Other Asia/Pacific Macroeconomic Indicators
• 14. Other Asia/Pacific Catalyst Demand

SECTION VIII -- OTHER REGIONS

• 1. Other Regions Macroeconomic Indicators
• 2. Other Regions Catalyst Demand
• 3. Latin America Macroeconomic Indicators
• 4. Latin America Catalyst Demand
• 5. Brazil Macroeconomic Indicators
• 6. Brazil Catalyst Demand
• 7. Other Latin America Macroeconomic Indicators
• 8. Other Latin America Catalyst Demand
• 9. Eastern Europe Macroeconomic Indicators
• 10. Eastern Europe Catalyst Demand
• 11. Russia Macroeconomic Indicators
• 12. Russia Catalyst Demand
• 13. Other Eastern Europe Macroeconomic Indicators
• 14. Other Eastern Europe Catalyst Demand
• 15. Africa/Mideast Macroeconomic Indicators
• 16. Africa/Mideast Catalyst Demand
• 17. Saudi Arabia Macroeconomic Indicators
• 18. Saudi Arabia Catalyst Demand
• 19. Other Africa/Mideast Macroeconomic Indicators
• 20. Other Africa/Mideast Catalyst Demand

SECTION IX -- INDUSTRY STRUCTURE

• 1. World Catalyst Sales by Company, 2005
• 2. Selected Acquisitions & Divestitures
• 3. Selected Cooperative Agreements

LIST OF CHARTS

SECTION II -- MARKET ENVIRONMENT

• 1. Catalyst Use per Capita/GDP per Capita Relationship, 2005

SECTION III -- CATALYST MATERIALS

• 1. World Catalyst Demand by Material, 2005

SECTION IV -- CATALYST PRODUCTS & MARKETS

• 1. World Catalyst Demand by Market, 2005
• 2. World Chemical Synthesis Catalyst Demand by Type, 2005
• 3. World Polymerization Catalyst Demand by Type, 2005
• 4. World Petroleum Refining Catalyst Demand by Type, 2005
• 5. World Catalyst Demand by Region, 2005

SECTION V -- NORTH AMERICA

• 1. North America Catalyst Demand, 2005

SECTION VI -- WESTERN EUROPE

• 1. Western Europe Catalyst Demand, 2005

SECTION VII -- ASIA/PACIFIC

• 1. Asia/Pacific Catalyst Demand, 2005

SECTION VIII -- OTHER REGIONS

• 1. Other Regions Catalyst Demand, 2005

SECTION IX -- INDUSTRY STRUCTURE

• 1. World Catalyst Market Share, 2005